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QEWC’s AGM gives approval for QR825m cash dividend (The Peninsula - 22/02/2016)

Qatar Electricity and Water Company (QEWC) yesterday held its Annual General Assembly (AGM) and approved the Board of Directors’ recommendation to distribute a cash dividend of QR825m (about $226.55m) to its shareholders for the last financial year ended

Saudi Electricity expands sukuk programme to $2.5b (Gulfnews - 16/02/2016)

Saudi Electricity Co, the Gulf’s largest utility firm, said on Monday that its board had approved expanding the amount of its planned US dollar-denominated sukuk programme to $2.5 billion (Dh9.18 billion) from $1.5 billion. Funds from the issuance will

Saudi Electricity buys six more gas turbines (Saudi Gazette - 09/02/2016)

Saudi Electricity Company (SEC) has ordered six more of GE’s trailer-mounted, fast-starting TM2500+ mobile aeroderivative gas turbine packages for existing power plant locations in Jizan and Tabuk. With ‘black-start’ capability, these proven turbines can

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