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FINANCIAL NEWS
Saudi Arabia exposes USD1.3bn development projects
28 Jun 2016
(MENAFN) Saudi Arabia proclaimed unveiled development projects value USD1.3bn in Madinah area, involving the setting up of new power plants and applying clean drainage network.
Furthermore, the kingdom launched new projects with focus on the health, education, cultural and services sector, which allocated USD185mn at Taibah University.
On the other hand, to increase the power sector in Madinah, the monarch exposed new services projects at USD266mn.
Meanwhile, Saudi Electricity Company will launch a new plant in downtown Madinah besides restoring the existing plants in Uhud, among others.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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