The contract was awarded by the developer consortium of Saudi utility major Acwa Power, Korea Electric Power Corporation ...

Doosan Enerbility has sealed two deals worth $1.5 billion to build combined cycle power plants in Saudi Arabia.

The value of the contract Siemens Energy won is $1.6bn. Siemens Energy will supply six SGT6-9000HL gas turbines, four ...

A consortium consisting of France's TotalEnergies SE and Saudi Arabia's Aljomaih Energy and Water Company (AEW) has signed a 25-year electricity purchase agreement with Saudi Power Procurement Company ...

Aside from Saudi-based companies, other bidders in the list were from countries such as China, South Korea, and Japan. SPPC said 21 firms applied to provide managing and technical services, whilst ...

Saudi Arabia’s credit rating was upgraded by S&P Global Ratings to A+ from A with Stable outlook. In a statement, the rating agency said the upgrade was driven by sustainable socioeconomic reforms, ...