Middle East Economic Survey
NBK To Provide Financing For Al-Sabiya Plant
The National Bank of Kuwait (NBK) will provide credit facilities for the al-Sabiya power plant in Kuwait, in coordination with other local banks. The $2.65bn project is being co-financed by a consortium including the USs General Electric International and South Koreas Hyundai Heavy Industries. The consortium signed a contract with Kuwaits Ministry of Electricity and Water for engineering,...