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SEC’s net profit falls 27.7 percent
(Arab News - 21/07/2016)

Saudi Electricity Co. (SEC), the Gulf's largest utility firm, reported a 27.7 percent drop in second-quarter net profit on Wednesday. The company, which the government is aiming to restructure to improve efficiency, made a net profit of SR1.43 billion

Saudi Electricity gets $1.5bn loan from ICBC
(Arab News - 01/07/2016)

Saudi Electricity Co. (SEC) has obtained $1.5 billion in financing from Industrial and Commercial Bank of China (ICBC), one of the largest loans ever extended by a Chinese bank in the Gulf. The loan from ICBC, the world’s biggest bank by assets,

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