Bank of China

Saudi energy giant ACWA Power has secured an $80 million equity bridge loan from the Bank of China for its Uzbekistan initiatives. According to an official press release, the payment is split equally between Chinese yuan and US dollars,…
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In a sign of growing cooperation between Saudi Arabia and China, one of the Asian country’s four biggest state-owned banks began its operations in Riyadh. Bank of China opened its first branch in the Saudi capital to expand the use of…
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