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Qurayyah IPP expansion hits financial close
The financing saw secured from local, regional and international lenders
Saudi Electricity Company taps Khalid Al Ghamdi as CEO
He has over 20 years of experience in engineering, digital transformation, automation, and IT
Ladun Investment lands SAR 446 mn villa project in Riyadh’s Mashriqiya
ALSO: Sama greenlights five new licenses
Saudi to locally produce defense parts via Nami-Lockheed pact
AND - Dar Global completes transfer to LSE’s commercial companies category
Flynas’ bottom line takes slight dip in 2Q in the wake of IPO costs
PLUS: Earnings from Kingdom Holding, MBC Group, Saudi Electricity Company, and more
Saudi Electricity is reportedly planning to secure USD 1 bn loan to finance new projects
The loan will pay an interest margin of about 85 basis points above the SOFR
SEC, BinDawood, Bawan and more report 1Q earnings
Bindawood saw its net income grow 8.5% y-o-y in 1Q 2025
Listed energy stocks are set for a mixed 1Q showing
Strong demand for electricity and stable margins are supporting much of this growth
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