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FINANCIAL NEWS
Saudi Arabia spends 20pct of budget on maintenance
13 Dec 2016
(MENAFN) Saudi Arabia is spending 20 percent of its budget on maintenance, whereas the efficiently of the operation in the government sector is only 58 percent.
Accordingly, there is an increasing interest to cut the costs and organizing operations and maintenance is the best way to do line with the Saudi vision.
In addition, the Ministry of Defense has sponsored the conference as it believes in the importance of cooperating regional, local and global efforts to exchange experiences.
Moreover, maintenance is a set of practices and experiences that are drawn from training evaluation, while the Arab counties there are neglect of maintenance in many facilities.
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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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
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