The Saudi Electricity Company (SEC) has announced its financial results for the first quarter of 2025, demonstrating significant growth in operating revenues, which increased by 23% to SAR 19.5 ...

Saudi Electricity Company (SEC) and GE Vernova will supply heavy duty gas turbines built in Greenville, South Carolina; synchronous condensers and balance of plant equipment to stabilize the grid ...

Saudi hydrogen projects — part of the country's Vision 2030 program — risk suffering from sunk costs and delayed sales ...

About the Saudi Electricity Global SUKUK Company 2-Bond (XS0911024635) The Saudi Electricity Global SUKUK Company 2-Bond has a maturity date of 4/8/2043 and offers a coupon of 5.0600%. The payment ...

In November 2024, SPPC signed Power Purchase Agreements (PPAs) for Rumaih-1 and Nairyah-1 (1,800 MW each) with a consortium of ACWA Power, Saudi Electricity Company (SEC), and Korea Electric Power ...

DUBAI, May 12 (Reuters) - Crown Prince Mohammed bin Salman launched a new company to develop and manage artificial intelligence technologies in Saudi Arabia on Monday, a top priority of its ...

Saudi Arabia's Crown Prince Mohammed bin Salman launched a new company under the Public Investment Fund (PIF) named "Humain" to develop and manage artificial intelligence technologies, the state ...

Prince Mohammed bin Salman, Saudi Arabia's Crown Prince, announced the launch of Humain, a new artificial intelligence (AI) company. The company is established under the Public Investment Fund ...

RIYADH, Saudi Arabia – 13 May 2025 – DataVolt, a Saudi Arabian data center company, today announced the signing of a multi-year partnership agreement with Super Micro Computer Inc. for ultra-dense GPU ...

Saudi Arabia’s Public Investment Fund (PIF) has launched HUMAIN, a new wholly owned company that will operate and invest across the artificial intelligence (AI) value chain as part of the ...