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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
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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