- City Fajr Shuruq Duhr Asr Magrib Isha
- Dubai 04:26 05:44 12:20 15:47 18:50 20:08
Saudi Electricity has appointed HSBC and Samba Capital as lead arrangers for its Islamic bond or sukuk, to raise up to $1.9 billion, said two bankers familiar with the matter. The bond will launch in May and will be a minimum of SR5 billion (Dh4.89bn). The proceeds will be used to fund expansion plans.
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