The state-run Saudi Electricity Company (SEC) has signed a USD3 billion international syndicated facility agreement with four major regional banks, namely Dubai Islamic Bank PJSC, Kuwait Finance House, Mashreq Bank, and Saudi National Bank. This agreement was unveiled at the global economic event—Future Investment Initiative (FII), held in Riyadh during October 25-27, 2023. The financing […]

This content is available to only paying subscribers.