Egypt’s Elsewedy Electric subsidiary to develop $1b power station in S. Arabia
Egypt's El Sewedy Electric company announced that one of its engineering and construction subsidiaries will take…
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Saudi Electricity Company
Gulf stocks subdued as investors eye Fed minutes
Most Gulf region stock markets opened lower on Wednesday, as investors are waiting for updates from the US Federal…
Egypt-Saudi power link project to start trial operations in May 2025 – official
Egypt-Saudi Power Interconnection project is scheduled to begin its first trial operations by May 2025, while the…
Saudi Electricity gets $567.5 million to finance power interconnection project with Egypt
Saudi Electricity Company (SEC) has secured a $567.5 million export credit agency (ECA) facility from Standard…
Saudi stocks largely flat, SEC rises on potential SoftBank stake
Saudi Arabian stocks opened largely flat on Wednesday as gains by Saudi Electricity Co (SEC) were offset by…
Saudi-Egypt Electricity Grid Project to Soon Be Finalized
The Saudi-Egyptian Electricity Grid project is close to being finalized, Governor of Saudi Arabia’s Electricity and…
GE, Saudi Electricity Ink $700 Mln Pact
General Electric has signed a nearly $700 million contract with Saudi Electricity Company (SEC) to bring additional…
