Marcopolis presents the Saudi Arabia Report focused on the investments, doing business, economy and other topics featuring interviews with key executives. The sectors under review in this issue are industry, real-estate, ICT, investments, banking sector, telecom sector and many more.
Saudi Electricity Company is the Saudi electric energy company. It enjoys a monopoly on the generation, transmission and distribution of electric power in Saudi Arabia through 45 power generation plants in the country. It is the region’s biggest utility company. Its objective is to generate, transmit and distribute electric power in the Kingdom of Saudi Arabia either by itself or through its wholly or partially owned subsidiaries. Saudi Electricity is majority-owned by Saudi’s Public Investment Fund (PIF), which has a 74.3% stake, while Saudi Aramco owns 6.9%.