Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Bahrain All Share Index marks 1,970.96 points
- Nasdaq Dubai welcomes CNY1bn bond listing by Emirates NBD
- AD Ports, Stellantis to develop integrated automotive ecosystem in Abu Dhabi
- Alba, Tamkeen, Brinc MENA Shortlist Three Bahraini SMEs for Open Innovation Programme
- SAL Saudi Logistics Services seals agreement with Saudi Post
- Tecom Group's 55pc Dubai office buildings get LEED certification
- Aldar announces sell-out of Yas Living; nets over $354m in sales
- Oil Edges Up as US, China Tamp Down Trade Tension
- Kuwait Airways launches its winter campaign
- NBK recognized by Legal 500 as one of Kuwait's top legal teams
21/01/2018 12:10 AST
Saudi Electricity Company (SEC) said it has signed a SR9.75 billion ($2.6 billion) international syndicated bridge facility with eight major global banks to fund its future plans including that of a capital expenditure.
The facility is co-financed by eight major international banks including Citibank, Bank of Tokyo-Mitsubishi, First Abu Dhabi Bank, HSBC, Mizuho Bank, Natixis, Sumitomo Mitsui Banking Corporation and Standard Chartered Bank, said the company in a statament to the Saudi bourse Tadawul.
The facility is unsecured and will be used to finance SEC's diverse general corporate purposes including capital expenditure, it added.
Trade Arabia
11/08/2025
Saudi Electricity Company (SEC) continued to deliver robust financial and operational performance in the second quarter and first half of 2025, said an SEC press release issued on Sunday.
Re
Asharq Al Awsat
13/04/2025
Saudi Electricity Company (SEC) has announced that it has received bids from leading utility majors for the construction of two 380kV substations at Afif city in central Saudi Arabia in the Najd regi
Trade Arabia
09/04/2025
GE Vernova and Saudi Electricity Company (SEC) have announced the successful completion of the first gas turbine outage entirely planned and executed by GE Vernova's Saudi engineers and specialists.
Trade Arabia
| Ticker | Price | Volume |
|---|
15/10/2025
The Abu Dhabi Investment Office (ADIO) and Abu Dhabi Ports Group (AD Ports Group) have signed a strategic co-operation agreement with Stellantis, one of the world's largest automotive manufacturers a
Trade Arabia
15/10/2025
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, is pleased to announce its progression to the accelerator phase of the Open Innovation Programme, a strategic colla
BNA
15/10/2025
Saudi-based SAL Saudi Logistics Services has signed a strategic agreement with Saudi Post to enhance mail handling and transportation operations across various regions of the Kingdom.
As pe
Trade Arabia
15/10/2025
Tecom Group has announced that 55% of the gross leasable area across its commercial portfolio is LEED (Leadership in Energy and Environmental Design) certified after it received 12 certifications dur
Trade Arabia
15/10/2025
Leading Abu Dhabi developer Aldar has announced the sell-out of its prime project - Yas Living - within days of launch, generating over AED1.3 billion ($354 million) in sales.
Located on th
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia