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
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
25-12-14
Arab region to invest USD356b on power projects
(MENAFN) According to a new study by Kuwaiti-based Arab fund for economic and social development (AFESD), Arab states will need to pay nearly USD356 billion in investments for the construction of their new power projects and the expansion of their existing units in the next 10-15 years in order to deal with the growing demand from their people, Emirates 24/7 reported.
These investments will include around USD276 billion for power generation, while an additional USD80 billion will be allocated for distribution and supply of power to consumers, with these projects expected to result in boosting the combined power generation in the Arab world from around 968 GW/hour in 2013 to 2,984 GW/hour in 2020 and 4,860 GW/hour in 2030.
"These investments are needed to meet growing needs"but they remain an ambitious target given the difficulty in obtaining funds in the current circumstances and a trend by many regional governments to channel a large part of their investments into social, health, education and housing projects," the study said.
.
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