News

Saudi poised to increase summer crude burn for power as fuel oil becomes costly
Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...
Reuters15y
Saudi Electric raises $1.9 bln from sukuk -sources
RIYADH, May 10 (Reuters) - Saudi Electricity Co <5110.SE> has raised 7 billion riyals ($1.87 billion) from a 7-year Islamic bond, or sukuk, at 95 basis points above Saudi Interbank Offered Rate ...
Yahoo Finance18d
Saudi Arabia Power Outlook Report 2025-2035: Market Trends, Regulations, and Competitive Landscape Featuring Saudi Electricity Co, Saline Water Conversion, Saudi Arabian Oil Co ...
Dublin, May 07, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Power Market Outlook to 2035, Update 2025 - Market Trends, Regulations, and Competitive Landscape" has been added to ResearchAndMarkets ...
Zawya2y
Saudi Electricity Company expects capex of up to $9.3bln in 2023
Saudi Electricity Company (SEC) expects capital expenditure of between 30 and 35 billion Saudi riyals ($7.99- $9.32 billion) in 2023 to support its growing fleet, the company said in its 2022 ...
Yahoo Finance2y
Saudi Arabia Electric Vehicle Charging Infrastructure Market Report 2022-2027 Featuring Electromaps, Schneider Electric, NEC, ABB, and CATEC Mobility
Dublin, Sept. 30, 2022 (GLOBE NEWSWIRE) -- The "Saudi Arabia Electric Vehicle Charging Infrastructure Market By Vehicle Type, By Type, By Charging Mode, By Installed Location, By Connector Type ...
Gulf News6mon
Saudi Electricity sees 18 per cent increase in net profit
As of Q2 2024, Saudi Electricity holds a 66 per cent market share and serves 11.2 million customers. In August, the company secured a $4 billion (Dh14.6 billion) revolving international credit ...