Saudi Electricity Company (SEC) today released its financial results for the third quarter and the first nine months of 2023. The company recorded operating revenues of SAR 23.8 billion, compared to SAR 22.7 billion in the same quarter of the previous year, reflecting a 4.6% increase. The company attributed this substantial revenue growth primarily to
Saudi Electricity Company (SEC) today released its financial results for the third quarter and the first nine months of 2023. The company recorded operating revenues of SAR 23.8 billion, compared to SAR 22.7 billion in the same quarter of the previous year, reflecting a 4.6% increase. The company attributed this substantial revenue growth primarily to
NEOM Green Hydrogen Company (NGHC), the company that is building the world’s largest green hydrogen plant, has received its first delivery of wind turbines at the Port of NEOM in northwest Saudi Arabia. A milestone in the construction and development of the mega project, the first set of wind turbines was successfully delivered on October
Riyadh, 06 Nov, 2023: Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and AMAALA, has announced it will operate its own luxury hotel brand at The Red Sea destination, named Shebara. Revealed today at the World Travel Market in London, Shebara will open in summer 2024 and
Aldenham Education Group (AEG) is to build a new K-12 school campus in King Abdullah Financial District (KAFD) for children aged 3-18 years old. The announcement follows extensive discussions and due diligence between AEG and King Abdullah Financial District Development and Management Company (KAFD DMC), resulting in the signing of a Letter of Intent between
Saudia and the Royal Commission for AlUla (RCU) have entered into a formal agreement to transport guests from Riyadh, Jeddah, and Dammam to AlUla via the airline’s extensive flight network. The agreement was signed on the first day of the World Travel Market (WTM) event held in London by Ms. Manal Alshehri, VP of Passenger
Saudia, the national flag carrier of Saudi Arabia, announced the launch of its dedicated Umrah website in the American and Canadian markets during the World Travel Market in London. This strategic expansion marks an important milestone for Saudia Umrah, a sub platform of Saudia, as it seeks to provide exceptional and hassle-free Umrah experiences to
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