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FINANCIAL NEWS
Saudi to spend USD173 b in 5 years on energy projects
23 Feb 2014
MENAFN) Saudi Arabia is expected to spend USD173 billion on energy projects over the following five years, according to Arabian Business.
Countries in the Middle East and North Africa are projected to spend about USD765 billion on projects during the period.
A report said: “Cost inflation remains one of the most important factors driving the increase in energy investment.”
Apicorp said that the UAE is expected to rank second after Saudi Arabia in terms of spending as it plans to spend USD113 billion during the five-year period.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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