Saudi Electricity Company has drawn a combined book of more than $11.6bn for its dual tranche sukuk, even as international ...

Ma’aden debuted in the sukuk market last week, issuing $750m 5.25% 2030s at 100bp over US Treasuries and $500m 5.5% 2035s at ...

Saudi Electricity earns SAR 5.6B after Mudaraba in 9M 2024; Q3 at SAR 4.7B 9 M 2024 SEC profit after Mudaraba up 25% to SAR 870M in H1 2024; Q2 at SAR 2.15B 6 M 2024 Saudi Electricity cuts losses ...

SEC is one of the region’s biggest utility companies, the main producer of electricity, and the sole owner of transmission and distribution networks throughout Saudi Arabia ... In February 2024, the ...

State-owned utilities firm Saudi Electricity Co (SEC) (Aa3/A/A+ by Moody's/S&P/Fitch), has mandated banks to arrange a series ...

targeting qualified investors in Saudi Arabia and internationally. SEC stated that its board of directors approved the issuance on Dec. 17, 2024. The company appointed HSBC, Standard Chartered Bank, ...

Saudi Arabia - The Electric Vehicle Infrastructure Company (EVIQ), a joint venture between the Public Investment Fund (PIF) ...

Not only has the demand for electric cars been ... For Lucid, the Saudi investments can serve as a solid financial starting point that can help the company build some of the world's latest ...