RIYADH, (Reuters) – Saudi Electricity Co has been awarded a 51.1 billion riyal government ($13.63 billion) loan to finance future projects, the state news agency said on Monday.
The kingdom’s cabinet approved the 25-year interest-free loan, SPA said.
Asharq Al-Awsat
Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.
Follow Me:
