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FINANCIAL NEWS
Omani firms to invest USD 1.03mn in broadcast networks
13 Apr 2016
(MENAFN) Power firms in Oman aim to invest almost USD 1.03mn for increasing and upgrading transmission and distribution networks this year.
Accordingly, the firms have invested almost USD 1.035mn in transmission networks to expand and enhance services by delivering more than 90 percent.
In addition, this achievement enabled the companies to increase its network reliability and increase the number of customers by 7 percent to surpass 1mn.
The operating performance indicators showed development with a reduction in distribution loss from 10.3 percent in 2014 to 9.5 percent in 2015.
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BBK discloses its financial results for the half year ended 30th June 2025
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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