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FINANCIAL NEWS
Saudi Arabia aims to launch “Energy City”
20 Jun 2016
(MENAFN) Saudi Arabia plans to set up “Energy City” as part of Saudi Vision 2030, in order to attract major firms in energy industries to the city.
Meanwhile, the kingdom also aims to raise regional inputs in energy and petrochemical industries to 75 percent.
Accordingly, Saudi Aramco will invest in renewable energy and stimulate other industries in order to supplement oil production.
Moreover, the kingdom also aims to double its gas production from the recent discoveries in conventional and shale gas field.
More News
20 Jul 2025
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
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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