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FINANCIAL NEWS
Saudi Electricity to issue sukuk
16 Nov 2013
(MENAFN) Sources said that Saudi Electricity Company (SEC) plans to issue Islamic bonds in riyals and dollars in the following months, The Peninsula reported.
The company needs fund-raising as it aims to expand it power generation capacity due the increasing power demand in the kingdom.
SEC has decided to arrange the sukuk issuance with several domestic and foreign banks.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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