Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Our Strategy
Financials
Overview
Quarterly Reports 2010
Annual Report 2009
Annual Report 2008
Annual Report 2007
Annual Report 2006
Annual Report 2005
Annual Report 2004
Annual Report 2003
Annual Report 2001
Previous Quarter Results
Pillar Disclosures
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Investor Relations
Financial News
FinancialNews
24-09-18
Siemens eyes USD10.6b agreement for energy tech supply to Iraq
(MENAFN) Siemens was unveiled to be eyeing an USD10.6 billion agreement for providing Iraq with energy generation technology.
The news has been announced in a report released by business daily Handelsblatt, according to sources of the government and industry.
The daily confirmed Iraq to have received on Sunday Siemens Chief Executive Joe Kaeser for discussing a memorandum of understanding.
The report further revealed that the agreement is to include the supply of power transmission technology to Iraq.
The report also confirmed that a resolution is yet to be reached by the Iraqi government on the signing of a deal with the German engineering group.
The group's spokesman said "we had submitted our roadmap document for repowering Iraq to Prime Minister Haider Jawad Al-Abadi in February."
The spokesman added "through our proposal, we aim to add 11 gigawatts of power generation capacity in four years, create thousands of jobs in the country, and support anti-corruption, skills development and education among Iraqis."
MENAFN2409201800450000ID1097474547
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us
