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FINANCIAL NEWS
US firm to enhance Egypt power plant production at USD30m
04 Sep 2016
(MENAFN) The US Co. Energy Recovery made a bid to Egypt Ministry of Elect in order to modernize and enhance the efficiency of the production units of City power plant at USD30mn.
Accordingly, the firm offered a comprehensive financing offer in collaboration with three foreign banks to increase the plant efficiency.
Additionally, the company also aims to introduce the latest tech to Egypt amid the FINANCE+ EPC global investment system, which provides the needed investments.
The government contracted with Siemens to develop a number of recent plants in the country, while the firm is involved in restoring and upgrading a number of plants.
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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
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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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