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FINANCIAL NEWS
Saudi Arabia signs 15 deals with China
31 Aug 2016
(MENAFN) Saudi Arabia signed 15 initial deals with China in sectors from energy to housing on a visit aimed at bolstering relations with a top energy customer and trade partner.
Furthermore, the visit aims to reduce the kingdom dependence on oil exports and showcase Saudi Arabia as a dynamic nation with diverse chances for global investors.
The agreements were signed in fields involving oil storage, water resources, collaboration on science and tech and cultural cooperation.
In addition, the kingdom Housing Ministry signed similar deals with S. Korea and a Saudi-South Korean consortium in March to enhance 100.000 housing units in Riyadh.
More News
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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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