From Gulf-daily-news.com: Saudi Electricity Company, the Gulf’s largest utility by market value, yesterday began a roadshow for its second Islamic bond issue which bankers expect will raise up to seven billion Saudi riyals ($1.87bn).

Bourse regulator the Capital Market Authority (CMA) said last week it had approved the issuance of the sukuk over the June 13-28 period. ……..Full Article: Source