Final settlement of dues worth SR5.7bn to Saudi Aramco and higher finance and operating costs led to a decline in net profit ...

GE Vernova, Inc. (NYSE: GEV) and Saudi Electricity Company (SEC) have announced the successful completion of the first gas ...

The orders are in cooperation with Doosan Enerbility Company, under which Mitsubishi Power will supply six state-of-the-art ...

This robust performance reflects sustained demand for electricity, increased power generation, expansion of regulated asset ...

The Open Power AI Consortium is meant to drive the development and deployment of an open AI model tailored for the power ...

Saudi Arabia has awarded a $2.6 billion contract to a Spanish-Egyptian joint venture to construct a 3 gigawatt combined cycle ...

Orascom Construction and Técnicas Reunidas have signed a $2.6bn EPC contract for the 3GW Qurayyah IPP expansion project in ...

RIYADH, SAUDI ARABIA - Media OutReach Newswire - 1 April 2025 - Recently, at JINGDONG Logistics' warehouse in Riyadh, goods ...

The consortium aims to accelerate AI adoption to enhance operational efficiency and improve customer experiences in the power ...

Saudi Electricity Company (SEC) has delivered solid results for FY 2024, reporting total operating revenues of SAR88.7 billion ($24 billion), up 18% over the previous year, due to the sustained ...

Orascom Construction, in an equal joint venture with Técnicas Reunidas, has signed a $2.6bn engineering, procurement and construction (EPC) contract for the 3GW Qurayyah IPP expansion project in ...