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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.
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
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04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
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
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