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Top 10 GCC Cities ●●● and Real Estate Leaders Achievements 2011
    • Yearl Membership

    • Business and finance group launches Top 10 GCC Cities project about real estate leadership and achievements. The launch of this media and economic project comes to cover
    • Economic Accomplishments

    • This event is regarded as the first joint economic Gulf grouping between the performances of the secretariats and municipals of the Top 10 GCC Cities.t
    • Letters of the Strategic Support

    • Letter of Ministry of Municipal and Rural Affairs Letter of Jeddah Municipality Letter of Jeddah Municipality 2 Letter of Holy Capital Letter of Eastern Province Municipality
    • Program Features and Activities

    • This program is the first and largest specialized event which highlights the main accomplishments and those being implemented in the top (10) ten GCC Cities
    • Unlimited Investments

    • The Board of Directors of the Business and Finance Group expresses to you its regards and wish you further progress and prosperity, and we are pleased
    • Registeration Application

    • The Business & Finance Group is pleased to invite you to participate in the Forum & Ceremony of Real Estate Leaderships and Accomplishments of GCC Cities under the sponsorship of Jeddah
    • Electronic Information Center

    • Info ME Information Center electronic specialist section in queries with regard to electronic companies, sectors and information about companies, you can ask a question and be
    • Program of Advertising Participant

    • The Group has allocated an extensive media coverage for all the audio, visual and text media in order to deliver the information needed locally, regionally and internationally
    • Sponsorship Category

    • includes the publishing of (10) issues, where an issue is published each month for each a city participating in this event, as per the rank of each Gulf city in this letter, and the issues are published monthly by the Business & Finance Club Magazine, which is one of the Group’s media activities
   
 

Bahrain inks $52.5 million power network deal

Business & Finance Club - Manama : Bahrain has secured a BD19.8 million ($52.5 million) deal with the Kuwait Fund for Arab Economic Development (KFAED) to upgrade its electricity network.

'The loan will cover part of the 220kV and 66kV transportation development grid as part of a four-year-project launched in 2007,' said Works Minister in charge of Electricity and Water Authority (EWA) Fahmi Al Jowder.

Ten 220kV substations will be constructed and six others will be upgraded and expanded. Under the scheme, 1,150 km of cables will be provided and 29 66kV substations built.

The EWA also plans to upgrade and expand five 66kV substations and provide a further 700km of 66kV cables.

'The EWA is stepping up efforts to upgrade the network in line with the directives of His Majesty King Hamad and his wise government, led by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa,' he said.

Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa stressed the fast-tracked efforts to secure funding for the grid, citing deals signed with the Saudi Development Fund, Arab Fund for Economic and Social Development, Islamic Development Bank and Abu Dhabi Development Fund.

'We have succeeded in securing BD226.3m in soft loans to finance this vital project,' he said.

KFAED director-general Abdulwahab Ahmed Al Bader hailed the growing co-operation between Bahrain and Kuwait.

 

 
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