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Saudi Electricity to settle $1.5bn in historical obligations to the state

Saudi Electricity to settle $1.5bn in historical obligations to the state

  • Disputed amounts are related to technical discrepancies in quantities, prices, and handling costs of fuel and electric power
  • Second resolution was issued to include the settlement liability amount in the Mudaraba instrument
By REEM WALID  ·
Moody’s upgrades 6 Saudi GRIs to Aa3, citing strong sovereign support

Moody’s upgrades 6 Saudi GRIs to Aa3, citing strong sovereign support

By Nirmal Narayanan ·
Alfanar Projects, SEC sign $5.33bn deals to support Saudi energy modernization 

Alfanar Projects, SEC sign $5.33bn deals to support Saudi energy modernization 

By Nadin Hassan  ·
Saudi energy forum secures $27.7bn in deals, launches ‘Nuwatin’ to accelerate localization

Saudi energy forum secures $27.7bn in deals, launches ‘Nuwatin’ to accelerate localization

By MANAL AL-BARAKATI ·

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