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FINANCIAL NEWS
Singapore to invest SR108mn in Dammam airport
26 Oct 2016
(MENAFN) Top Singapore firm is investing almost SR108mn to build new air cargo facilities at King Fahd Intl’ Airport in Dammam to expand SATS reach in the Asia Pacifi and MENA.
Accordingly, the investment in Dammam is SATS’ biggest green field project in its air cargo business.
On the other hand, Aramco has been working with Singapore firms to invest in supply chain expertise and both upstream and downstream tech and services.
The two countries have reported growth, while Singapore’s trade with the MENA region was USD32.3bn in 2015, dominated by trade with the GCC States at USD29.3bn in 2015.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
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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