Thursday 30 October 2014
 
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Saudi Electricity Q3 net profit drops 6.5pc

Saudi Electricity Co (SEC), the Gulf's largest utility firm, posted net profit of SR2.67 billion ($711 million) during the third quarter (Q3) of the year, compared to SR2.85 billion ($759 million) during the same period of 2013, marking a de

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Saudi Electricity signs $682m deals for Riyadh Metro

Saudi Electricity Company (SEC) has signed contracts worth SR2.56 billion ($682.5 million) to supply power to the Riyadh Metro, which is currently under construction, the kingdom's state news agency reported. The contracts cov

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BIBF-SEC in regulatory programme

The Bahrain Institute of Banking and Finance (BIBF) in association with the Securities and Exchange Commission (SEC), US, is organising a regulatory programme for capital market supervisors. The five-day programme will conclude to

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BIBF-SEC in regulatory programme

The Bahrain Institute of Banking and Finance (BIBF) in association with the Securities and Exchange Commission (SEC), US, is organising a regulatory programme for capital market supervisors. The five-day programme will conclude to

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SEC awards SAP contracts to Wipro Arabia

Saudi Electricity Company (SEC), the largest power utility company in the Middle East, has awarded two major SAP ERP application contracts to  Wipro Arabia, in a strategic partnership with the subsidiary of India-based IT leader Wipro.

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Qatar’s SEC signs deal with leadership centre

Qatar’s Supreme Education Council (SEC) has signed a deal with the Qatar Leadership Centre (QLC) to develop and strengthen capacity building of its leadership.   Under

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Saudi Electricity Q2 profit jumps 144pc

Saudi Electricity Co (SEC) , the Gulf's largest utility firm, reported a 144 percent jump in its net profit for the second quarter on Monday, beating analysts' forecasts because of a one-time gain. It made 3.66 billion riy

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SEC wins $13.2bn interest-free govt loan

State-owned power utility Saudi Electricity Company (SEC) has agreed terms and signed an interest-free loan of 49.4 billion riyals ($13.17 billion) with the kingdom's Ministry of Finance, the company said in a statement on Thursday.

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SEC wins $13.2bn interest-free govt loan

State-owned power utility Saudi Electricity Company (SEC) has agreed terms and signed an interest-free loan of 49.4 billion riyals ($13.17 billion) with the kingdom's Ministry of Finance, the company said in a statement on Thursday.

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Saudi Electricity Q1 net loss widens 39pc

Saudi Electricity Co (SEC) reported a significant widening of its net loss for the first quarter on Sunday, as the utility saw costs increase and the value of some of its fixed assets decline. It lost 913 million riyals ($243.4 mi

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