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FINANCIAL NEWS
Saudi Arabia is to apply smart electricity generating plans
17 Aug 2013
(MENAFN) Saudi Arabia: Electricity generation smart plans will be applied over the course of the three years 2013, 2014, 2015 in Saudi Arabia, according to Arab News.
This project will cost USD50.6 billion and aims to cover the country’s needs for electricity, especially in the hot summer season and decrease its dependence on and consumption of oil.
The electric power generation will be considered by the Gulf Cooperation Council countries to lessen their dependent on oil sources and use alternative energy sources for power during the next years.
More News
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
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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