SEC project selected best at global competition

Updated 23 November 2012

SEC project selected best at global competition

A project presented by Saudi Electricity Company (SEC) was selected the best among 58 projects at an international technical competition organized last week in Amsterdam, the Netherlands, Saudi Press Agency reported.
The SEC, represented by its IT and Communications Department, said the project was based on solutions to archive engineering documents. Through this project, the Saudi company handled more than 8 million engineering documents and provided an integrated IT infrastructure environment for the operating system including servers, databases, licensing, and technical support
Some 250 companies and organizations, representing 39 countries, participated in this contest and an independent jury selected 58 projects to qualify for the final stage of the competition.


Saudi Arabia to spend SR1.02 trillion in 2020

Updated 3 min 47 sec ago

Saudi Arabia to spend SR1.02 trillion in 2020

RIYADH: Saudi Arabia is set to spend SR1.02 trillion ($272 billion) next year as the Kingdom’s economic and social reform agenda accelerates.

The budget predicts revenue of SR833 billion and a deficit of SR187 billion.

King Salman announced the figures at a cabinet meeting in Riyadh.

The budget takes place against a backdrop of quickening reforms in 2019 and a number of key events from the $1.7 trillion initial public offering of Saudi Aramco, the world’s biggest share sale, to the creation of fast track tourism visas.