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FINANCIAL NEWS
Saudi offers foreign firms to build 1.5mn housing units
09 Jun 2016
(MENAFN) Saudi Arabia will provide foreign and regional property developers deals, which aims to build 1.5mn homes in the coming seven or eight years.
Accordingly, the kingdom is preparing five or six types of partnerships between the ministry and the developer.
Additionally, the reform plans eye on doubling the real estate sector’s contribution to DP product to 10 percent by 2020.
Meanwhile, the ministry will allocate almost USD 15.7bn in the coming five years to a loan guarantee program that offer financing to home buyers.
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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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
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
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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