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FINANCIAL NEWS
SEC has USD26.6 b projects in the Kingdom
07 Aug 2013
(MENAFN) CEO of Saudi Electricity Company (SEC), Ali Al-Barrak, said that the company is going through with electric projects in Kingdom at a cost of USD 26.6 billion.
The CEO said that the projects “will be implemented in many phases, and they will be completed within 3 years.”
SEC Chairman Hassan Al-Awaji said that the company signed a deal with Hyundai Heavy Industries (HHI) to construct a power plant in the country, which will add 2,640 megawatts. A move that come as a part of the country’s attempts to meet the rising demand.
More News
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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
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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