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FINANCIAL NEWS
Saudi’s vision 2030 receives USD 2.9bn support
24 May 2016
(MENAFN) Saudi Arabian Industrial Investments Co. (SAIIC) and General Elect (GE) received a USD 2.9bn investment pact to increase regional manufacturing in water, energy and other sectors.
Additionally, the deal signed between both firms is predicted to make jobs for thousands of Saudis and enhance the SMEs sector, while joint investments of USD 1bn will be rolled.
The agreement with GE to create joint ventures and co-invest in industrial and digital sectors will encourage Saudi Vision 2030 aimed at boosting the kingdom’s economy position.
Moreover, SAIIC will invest and set up strategic industrial value chains in the kingdom that promote the development of regional manufacturing capabilities.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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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
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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