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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
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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