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Electricity regulations saudi arabia

Saudi Electricity Company Receives Approval for

The Saudi Electricity Company (SEC) has been given approval for a new regulated weighted average cost of capital (WACC) of 6.65% for the years 2024-2026. This is an increase from the previous WACC of 6% for the years

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Explore the leading electronic services and digital initiatives provided by the Saudi Energy Efficiency Center through a unified portal that ensures fast and secure access in support of the Kingdom''s energy efficiency targets.

Saudi Arabia was top buyer of Russian fuel oil in

Saudi Arabia was the top destination for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in June as the hot summer season required more energy consumption, according to traders and LSEG

Saudi Arabia Introduces Fine Dining Regulations to Boost

Saudi Arabia has introduced its first formal regulatory framework for fine dining, signalling a significant shift in the Kingdom''s culinary landscape and reinforcing its ambitions under Vision

Foreigners owning property in Saudi: The rules you need to

Read- Saudi''s property ownership law for foreigners: What you need to know about it The new law grants non-Saudis, including individuals, corporations, and non-profit organisations, the right to

New rules in Saudi Arabia aim to elevate fine dining experience

TL;DR:Saudi Arabia launches new rules for fine dining restaurants under Vision 2030.Regulations focus on service quality, dress codes, ambience, and hospitality standards. Only one branch

Navigating Saudi Arabia''s Oil Sector In 2025: Legal Insights

Drafting agreements that anticipate geopolitical volatility Robust legal planning can help ensure smoother execution and resilience. Navigating a Dynamic and Strategic Market Saudi Arabia''s

Saudi Arabia''s New White Land Tax Regulations – July 2025

In May 2025, Saudi Arabia issued a new White Land Tax Law under Royal Decree No. M/244, replacing the earlier 2016 regime. On 10 July 2025, the Ministry of Municipalities and Housing

Saudi Electricity law amendments; stricter penalties based on

Penalties for infractions of the Kingdom''s Electricity Law have been greatly increased by changes made to the enforcement regulations by the Saudi Arabian Electricity Regulatory Authority.

Saudi Arabia Revises Fuel Station Regulations

Saudi Arabia''s Permanent Executive Committee for Fuel Stations and Service Centers has released updated regulations for the establishment and operation of fuel stations and service centers. The updates aim to align the

Saudi Arabia closes 25 of Mecca hotels for breaching tourism regulations

Dubai: Saudi Arabia''s Ministry of Tourism has shut down 25 hospitality establishments in Mecca during July for breaching tourism regulations. The closures followed intensified inspection

PIF and Saudi Electricity Company Announce the

The launch of the Electric Vehicle Infrastructure Company is in line with PIF''s strategy to expand Saudi Arabia''s automotive capabilities to promote the country''s competitiveness on the world stage, and ultimately position it as

Saudi Arabia Imposes Strict Penalties for Electricity Meter

Saudi Arabia Imposes Strict Penalties for Electricity Meter Tampering The Saudi Electricity Regulatory Authority has approved revised rules for investigating, proving, and punishing

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Our experts provide strategic guidance on achieving ambitious sustainability and net-zero targets through advanced climate-energy-economic models, in-depth analysis, and data-driven insights. By integrating circular

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