Wednesday 29 July 2015
 
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Saudi Cable

Saudi Cable signs $171m debt restructuring deal

Saudi Cable Company has signed a deal with three of its main lenders to restructure SR640 million ($170.7 million) of debt, it said in a statement on Thursday. The debt will be restructured over a period not exceeding eight years,

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Saudi Cable signs $171m debt restructuring deal

Saudi Cable Company has signed a deal with three of its main lenders to restructure SR640 million ($170.7 million) of debt, it said in a statement on Thursday. The debt will be restructured over a period not exceeding eight years,

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Bahrain, Saudi firms back Arab cable summit

Bahrain-based Midal Cable and Saudi Arabia’s Saudi Cable will be the gold sponsors of an upcoming conference which brings together leading Arab cable manufactures and their international peers and customers. Organised by the Arab Cable Man

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S.Korea consortium wins $1bn Saudi cable order

A South Korean consortium including KR Plant Service & Engineering Company, has secured a $1 billion order from Saudi Arabia to lay optical cables underground, a state trade agency said. Korea Trade-Investment Promotion Agency said in

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Saudi Cable takes stake in Turkish firm

Saudi Cable Co said on Sunday it has agreed to buy a 79-percent stake in Turkish electronic equipments maker Elimsan for 123.75 million riyals ($33 million). "Elimsan's takeover ... is among strategic steps taken by the (Saudi Cable) compa

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