News

Years after a dramatic fallout and a near-privatization saga, the electric vehicle giant is set to open showrooms in Riyadh, ...
Final settlement of dues worth SR5.7bn to Saudi Aramco and higher finance and operating costs led to a decline in net profit Register for MEED’s 14-day trial access The net profit of state utility ...
Saudi Electricity loses SAR 1.9B after Mudaraba in 2024, SAR 7.5B in Q4 on non-recurring expenses 12 M 2024 Saudi Electricity earns SAR 5.6B after Mudaraba in 9M 2024; Q3 at SAR 4.7B 9 M 2024 SEC ...
Orascom Construction and Técnicas Reunidas signed the EPC contract with Hajr Two Electricity Company, a consortium comprised of ACWA Power, Saudi Electricity Company, and Haji Abdullah Alireza ...
Saudi Arabia's National Housing Company (NHC) has announced that work has started on the Sadayem Power Substation Project in northern Jeddah, in collaboration with the Saudi Electricity Company (SEC).
"EXP Al Suwaiket establishes a powerful synergy between two global leaders. By combining our strengths, we aim to drive innovation and deliver projects to meet Saudi Arabia’s ambitious economic and ...
The orders are in cooperation with Doosan Enerbility Company, under which Mitsubishi Power will supply six state-of-the-art ...
A 50-50 joint venture between Egyptian contractor Orascom and Técnicas Reunidas of Spain has been chosen to build a 3GW combined-cycle gas-fired power plant in Saudi Arabia’s Eastern Province.
Saudi Arabia's National Housing Company (NHC) has announced that work has started on the Sadayem Power Substation Project in northern Jeddah, in collaboration with the Saudi Electricity Company (SEC).