Ceer, Saudi Arabia’s first electric vehicle (EV) brand, announced 11 new partnerships worth SAR 5.5 billion (nearly $1.5 billion) at the 3rd PIF Priva ...

Saudi Arabia has announced several initiatives focused on boosting its domestic chip manufacturing and quantum computing ...

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 ...

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, ...

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 ...

Saudi Arabian Mining Co., commonly known as Maaden, has raised $1.25 billion from its debut Islamic bond sale as the company looks to fund a huge expansion program over the next five years. Maaden ...

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 ...

The company has expanded its delivery network to over 40 cities across Saudi Arabia, with offices in three major ... Their innovative approach to digitizing the construction industry is setting a new ...