The MoU was signed by Omar Aldaweesh, CEO of EDF Saudi Arabia, and Meshary Al-Ayed, CEO of TAQA Geothermal Energy Company, reinforcing the commitment of both companies to advancing innovative and ...

Saudi Electricity Company (SEC) has annoucned that it has successfully priced a $2.75 billion dual-tranche senior unsecured ...

The certificates will be issued under the Saudi Electricity Sukuk Programme Company’s Trust Certificate Issuance Programme, which is expected to be rated Aa3 by Moody's and A+ by Fitch. HSBC and ...

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 ...

LONDON - HSBC Bank plc, acting as the Stabilisation Coordinator, has announced potential stabilisation activities for the Saudi Electricity Sukuk Programme Company's securities. The stabilisation ...

The Saudi Electricity Company (SEC) signed a memorandum of understanding (MoU) with Hitachi Energy to adopt advanced technology for electrical switches and circuit breakers that are free from sulfur ...

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 ...

The Middle East and North Africa region navigates the future of energy by balancing its traditional dominance in oil and gas ...

Meet the people driving the kingdom's ambitious cultural expansion and its transformation into globally-recognized art hub.

Notable companies include Ceer, the first Saudi electric car brand, and Lucid Motors, which opened its first international factory in KAEC in 2023. It will also host several PIF joint projects with ...

Meta warns about scammers who reach out via unsolicited messages on its apps and other social media platforms, as well as by ...