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FINANCIAL NEWS
Saudi Arabia signs USD 75mn deal with Senegal
27 Feb 2016
(MENAFN) Saudi Arabia signed a USD 75mn financing agreement with the government of Senegal, with Suneor (the main player in the Senegalese sector).
Moreover, the deal aims at financing a significant part of the 2015-2016 groundnut campaign, which offered USD 30mn facility to the government of Senegal.
The new USD 75mn financing will permit Suneor to trade and process more than 150,000 tons of groundnuts into groundnut oil and cake.
Additionally, the whole output of the country for the 2015-2016 season is predicted to be exceptional and reach 1,000,000 tons.
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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