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Posts tagged Saudi Electricity Company

GCC News Roundup – August 12, 2009

News & Views General Zain Saudi Arabia announced the closing of $2.5 Bn worth Murabaha financing facility to finance its expansion plans. Kuwait government established two closed shareholding companies namely KIC Petrochemicals and Arabian Sponge Industries with a capital of KD5 Mn. ABB bagged orders worth $60 Mn from the Saudi Electricity Company to enhance [...]

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August 12th, 2009 | Tags: , , , , | Category: GCC News | Leave a comment

GCC News Roundup – July 7, 2009

News & Views General Saudi Arabia, the world’s top oil exporter, will slash gasoline imports by 40 percent in July as new domestic production capacity comes online. The world’s top oil exporter is expected to import around 34,100 barrels per day (bpd) of the motor fuel in July, because of the start-up of a gasoline [...]

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July 7th, 2009 | Tags: , , | Category: GCC News | Leave a comment