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Saudi ACWA Power picks JPMorgan, Citi, NCB Capital for IPO
(Gulf News - 06/03/2018)

Saudi Arabia’s ACWA Power has selected JPMorgan, Citigroup and Saudi Arabia’s NCB Capital to arrange the initial public offering of its shares, which could raise up to $1 billion, sources said.<br/><br/> The three banks have been selected as global

68pc of SEC purchases from local factories
(Trade Arabia - 02/03/2018)

The Saudi Electricity Company (SEC) said that 68 per cent of its purchases, during the past four years, came from 52 local factories, with a growth rate of 720 per cent compared to 2001.<br/><br/> SEC highlighted this during its participation in the 4th