The potential sales coincide with Crown Prince Mohammed bin Salman's efforts to diversify the Saudi economy from oil.

In Saudi Arabia, electric cars account for a tiny proportion of vehicle sales. But the oil-rich kingdom wants to change that by rolling out manufacturing plants and charging facilities.

The Saudi Electricity Company (SEC) has significantly increased the electrical grid capacity in the holy sites for this Hajj season by over 75% compared to last year, investing more than SAR3 billion ...

Saudi Electricity Company, together with its subsidiaries, generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia. It operates through Generation, Transmission, Distribution ...

Riyadh - Tabuk Agricultural Development Company (TADCO) has signed an agreement with the National Electricity Transmission Company, a subsidiary of the Saudi Electricity Company. Under the agreement, ...

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SEC's customer base increased by 2.7% to 11.3 million in 2024, with its electricity production surging by 7.5% to 236.4 TWh. In February 2025, the company signed a power purchase agreement for the ...

Saudi Arabia’s $925 billion sovereign wealth fund PIF said on Thursday it had launched a new unit that will be responsible to build and operate the facilities for the Expo 2030 world fair.

The Saudi Electricity Sukuk Programme Company-Bond has a maturity date of 2/18/2030 and offers a coupon of 5.2250%. The payment of the coupon will take place 2,0 times per biannual on the 18.08 ...

Saudi Arabia’s new artificial intelligence company, Humain, has formed a division to work on advertising, video games and film, as the kingdom strives to become a global leader in technology.