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FINANCIAL NEWS
Suez Canal to allocate 5 sqkm in Ain Sokhna area
22 Feb 2016
(MENAFN) Suez Canal Economic Zone (SCZone) received new request from investors in order to allocate lands the Ain Sokhna area at 5 sqkm to the industrial development system.
Moreover, the firm will view the infrastructure and buildings as well as marketing processes and in exchange SCZone will offer water and electricity facilities.
Accordingly, the Ain Sokhna area is set to get new investments, especially in the petrochemical industries, and to establish trade centers owing to Ain Sokhna Port.
In addition, there been discussions to establish petrochemical complex in the area, with investments value almost USD 5.3bn through five years.
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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
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