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- stc reports KD 255.7 million in revenues, KD 25.8 million in net profit for 9 months
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09/02/2018 05:12 AST
Kingdom Holding Company (KHC) has signed an electrical power agreement worth SR180 million ($48 million) with Saudi Electric Company (SEC), on behalf of the JEC partners (which includes Kingdom Holding Company).
The agreement was signed by CEO of KHC Talal Almaiman and Ziad Mohammed Al Shiha, CEO of Saudi Electric Company (SEC).
Almaiman said: "By signing this important electrical power agreement, the main infrastructure services of Jeddah Economic City and Jeddah Tower are considered complete."
Mounib Hammoud, CEO of JEC, said: "The importance of signing this agreement is that it marks the start of the medium-voltage sub-station which will take about three years as it's the key driver for all the support services in addition to supplying the city and tower with electricity for Phase One. Moreover, we will be signing off additional agreements to supply the project with domestic water supply and a district cooling plant for the city that we will be announcing soon."
Trade Arabia
21/03/2018
Prince Al Waleed Bin Talal, just weeks after his release from detention in Riyadh's Ritz-Carlton, is hunting for deals again and planning to reshape his investment empire.
The prince, in hi
Gulf News
18/03/2018
Kingdom Holding Co is reviving talks to raise about $1bn in loans, weeks after its chairman Prince Alwaleed bin Talal was released from detention, people familiar with the matter said.
The
Gulf Times
09/03/2018
Kingdom Holding Company (KHC) has signed a smart city consulting agreement to design ICT infrastructure and smart services for Jeddah Tower and Jeddah Economic City Project on behalf of the Jeddah Ec
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| OSOUL | 357.00 | 5.00 (1.42 |
| BAYANINV | 80.30 | -0.80 (-0.99 |
| GFC | 243.00 | 0.00 (0.00 |
| TADAWULGROUP | 191.00 | -1.00 (-0.53 |
| BOURSA | 3,891.00 | 11.00 (0.28 |
28/10/2025
Kuwait Telecommunications Company (stc), a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, announced its financi
Kuwait Times
28/10/2025
"Saudi German Health" (SGH), one of the largest healthcare groups in the Middle East and North Africa, made a strong and impactful presence at the Global Health Exhibition 2025, hosted at the Riyadh
Saudi Gazette
28/10/2025
The ADX-listed ADNOC entities are starting to come up with their H1-2025 financials, with ADNOC Drilling subsidiary confirming a substantial 30% gain in revenues to $2.37 billion.
The compan
Gulfnews
28/10/2025
The Institute of Chartered Accountants of Pakistan (ICAP) brought together global finance visionaries, policymakers, and industry trailblazers at the 5th CFO Conference Middle East 2025 in Dubai, set
Khaleej Times
28/10/2025
Batelco by Beyon has announced the integration of Bahrain's national eKey 2.0 system into the Batelco App, enabling citizens and residents to subscribe to new mobile lines through a faster, more conv
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia