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FINANCIAL NEWS
Saudi Aramco signs major business deal with Hyundai Heavy
15 Nov 2015
(MENAFN) Saudi Aramco, the integrated energy and chemicals firm inked a MoU with South Korean Hyundai Heavy Industries (HHI) Group to invest their mutual experiences in promising developments within the kingdom.
Additionally, the major deal between the two behemoths basically covers the development of a world class maritime yard and the advancement of maritime diesel engine manufacturing in the Kingdom of Saudi Arabia.
In more detail, this critical strategic partnership is fixed to add better value to the Kingdom’s economy, not to mention enhance the localization efforts plus assist generate jobs for Saudi nationals.
“The partnership between the two giants not only means a great opportunity to enhance Korea’s shipbuilding, but also extends Hyundai Groups’ contribution to the Kingdom stretching back to the 1970s,’ said Hyundai’s CEO.
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BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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