while higher electricity and water charges would not.
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other Middle Eastern countries (19%) and Western Europe (12%).
especially in regards to SEC’s capital structure and
electricity sourced from SWCC and fees owed to municipalities) instead of
has developed a proven expertise in wind and solar projects
and one where it is well placed to become a global leader
and Saudi Royal Guard Regiment could be heavily supported from elsewhere
000 employees based locally. The UK and Saudi have
with 750 employees and a diversified portfolio
but BAE is by in large the largest and historical local presence.
and any potentially dilutive acquisitions.
DDM and peer group analysis to value Al Othaim. We
we value its holdings in Oger Telecom and Binariang using a
KEC and EEC) are valued at current market valuation given we do
only individual bonds and capital securities with specific recommendations