Middle-east Arab News Opinion | Asharq Al-awsat

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Officials signing deal on sidelines of Saudi Electricity Forum (Asharq Al-Awsat)

Saudi Ministry of Energy: Localization of Products Reached 60%

by Nayef Al-Rasheed | Sep 28, 2017 | Business

Riyadh – Localization of products associated with the industry of electricity reached 60 per cent and prices of domestic energy are very close to current global levels, according to an official at the Ministry of Energy, Industry and Mineral Resources in Saudi Arabia....

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Ziyad Mohammed Al-Shiha, president and chief executive officer of Saudi Electricity Company (SEC), signs funding agreement on Wednesday in London. Asharq Al-Awsat Arabic.

Saudi Electricity Secures $1.75bn Loan

by Najlaa Habriri | Aug 17, 2017 | Business

London- Minutes after signing the greatest joint international funding agreement in the history of Saudi Electricity Company (SEC), Ziyad Mohammed Al-Shiha, president and chief executive officer of SEC, described the deal as an international expression of trust in the...

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Wind turbines turn in the breeze in the outskirts of an Indian desert state on November 30, 2009.Pawan Kumar/Files

Saudi Arabia Pushes for Wind Energy Project

by Shuja Al-Baqmi | Jul 17, 2017 | Business

Riyadh- Advancing renewable energy in the desert nation, Saudi Arabia announced on Sunday moving forward with the first of a kind wind energy project. The move comes to embolden the private sector’s contribution to the vital domain of green energy. Energy and industry...

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A power station of the Cairo Electricity Distribution Company. (Reuters)

Egypt: Major Increase in Electricity Prices

by Asharq Al-Awsat | Jul 7, 2017 | Business

Cairo- Egypt announced a major increase (18-42 percent) in electricity prices on Thursday as authorities continue to implement an IMF-backed economic reform package. Electricity Minister Mohamed Shaker announced the increase during a news conference, noting the...

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Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed

Aramco, Hyundai, Dussur to Make Engines and Pumps

by Asharq Al-Awsat | Jul 6, 2017 | Business

Dammam- Saudi Aramco, Dussur and Hyundai said they had signed a memorandum of understanding to make engines and pumps in the kingdom. In a joint statement, the three companies said the MoU stipulates that the mentioned parties cooperate in establishing a joint project...