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FINANCIAL NEWS
Saud Consult acquires 20 percent stake in Egyptian firm
01 Dec 2013
(MENAFN) Saud Consult, a major engineering firm, has purchased a 20 percent stake in Egyptian firm Power Generation Engineering and Services Company (PGESCo), according to Arab News.
Saud Consult bought the stake with BPE Power and BPE Investments, top investment vehicles managed by Cairo-based Beltone Private Equity, which own more than USD434 million in assets under management.
Saud Consult will acquire 20 percent of the shares, while BPE Power and BPE Investments will acquire another 20 percent shares, totaling 40 percent of the Egyptian firm.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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