Saudi has signed a bilateral agreement with South Korea to enhance atomic energy cooperation.

Saudi Arabia has signed a bilateral agreement with South Korea to enhance cooperation between the two countries in the development and use of atomic energy for peaceful purposes.

Alstom has been awarded an electrical power-plant contract in Iraq worth US$550mn.

Production capacity at the switchgear plant of Voltamp Energy has been significantly enhanced with the addition of a new manufacturing bay and offices adjacent to its already existing building at Rusayl at a cost of US$1.2mn

Saudi Electricity Co (SEC) reported a 6 per cent decline in its net profit in the third quarter due to higher costs of purchased energy and increased depreciation expenses.