Middle East Economic Survey
Saudi Electricity Company Issues Sukuk
The Saudi Electricity Company (SEC) embarked upon its second issue of sukuk this month in an offer period that stretched from 13 June to 28 June. Pricing guidance for the sukuk, which are being issued in Saudi riyals, and the total amount was being decided as MEES went to press, following roadshows in Riyadh, Jiddah and the Eastern Province. While the issue is open to the wider GCC, in...