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Officials signing deal on sidelines of Saudi Electricity Forum (Asharq Al-Awsat)
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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
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...Caption:
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
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...Caption:
A power station of the Cairo Electricity Distribution Company. (Reuters)
Egypt: Major Increase in Electricity Prices
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...Caption:
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