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FINANCIAL NEWS
Saudi ACWA Power to invest USD 10-12bn in Egypt
10 Apr 2016
(MENAFN) Saudi developer ACWA Power is planning to invest between USD 10-12bn in Egypt in the coming five years.
Moreover, the firm will invest in the Egyptian Power generation sector at both renewable and traditional levels, by adding almost 10,000 megawatts.
Accordingly, Egypt’s power sector is capable to attract new investments value USD 30bn in the coming five years.
The firm plans to review aspects of improving trade exchange and investment in different sectors between the two countries.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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