It reiterated that pilgrims require a Haj visa and it can be obtained through recognised official channels
The Riyadh-based company will repay its Murabahah loan over 12 years, it said in a filing to the Saudi stock exchange yesterday, without disclosing the profit rate that will be paid.
Al Rajhi Bank, Banque Saudi Fransi, National Commercial Bank, Samba Financial Group, Saudi British Bank and Saudi Hollandi Bank provided the loan.
State-controlled Saudi Electricity will spend about $24 billion by 2011 to meet soaring domestic demand for power, Moody's Investors Service said in a report last month. The kingdom's power usage may quadruple to 140 gigawatts a year by 2032 as the population grows and oil wealth spurs industrial development, according to forecasts from the King Fahd University of Petroleum and Minerals.
Saudi Electricity spent 13.5 billion riyals on expansion projects last year, according to today's statement, and sold 5 billion riyals of Islamic bonds to pay outstanding bank loans.
It reiterated that pilgrims require a Haj visa and it can be obtained through recognised official channels
The 18-year-old was taken to hospital in a serious condition
The brothers, who say they are innocent, are accused of having formed an organised criminal network in early 2021 in Romania, as well as in the US and Britain
The left-handed batter scored 3369 runs in 136 one-day internationals and 2893 in 140 Twenty20 internationals — both Pakistan records
Food supplies were distributed to 80 households
On January 31, a heart was airlifted from Delhi to Chennai, paving the way for Ayesha Rashid's life-saving surgery
The online retailer, which is headquartered in Singapore, has said it has around 108 million monthly active users in the 27-nation EU
The baby girl named Rouh, meaning Soul, suffered respiratory problems and a weak immune system, a doctor at the Emirati Hospital in Rafah said