Acwa Power consortium wins Rabigh IWP
Saudi Water Partnerships Company (SWPC) has announced that a consortium led by Acwa Power – a leading developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide – has been awarded the contract to develop an independent water project at Rabigh in Makkah region which will have a productio
More...Arctech lands 1.5GW solar tracker deal for Jeddah plant
Arctech, one of the world’s leading solar tracking, racking, and BIPV providers, has announced it has been awarded the contract to provide its 1.5GW SkyLine II solar tracking solution for the ASB project, the region’s biggest solar plant under construction in Jeddah.
More...Kingdom launches four Special Economic Zones
Saudi Arabia has launched four new Special Economic Zones (SEZs) focused on key growth sectors, including advanced manufacturing, cloud computing and medical technology.
More...Crystal Lagoons to set up 10 PAL complexes
US-based Crystal Lagoons said it has reached an agreement with A’amal Group, a major holding company with interests in the hospitality, real estate and energy development sectors, to enter the Saudi market in a big way.
More...Abengoa kicks off operation at Jubail 3A plant
Spanish infrastructure group Abengoa has announced that it has reached the commercial operation phase at the Jubail 3A desalination plant, located in the Eastern Province.
More...RCU partners with GHM to develop Chedi hotel
Royal Commission for AlUla (RCU) has partnered with luxury hotel operator General Hotel Management (GHM) to develop The Chedi Hegra in the ancient Nabataean site in north-west Saudi Arabia.
More...RMJM designs nonprofit city office buildings
Global architectural network RMJM is working on the first group of Grade A office buildings within Mohammed Bin Salman Nonprofit City (Misk City) in Riyadh. The first non-profit city in the world being developed on a 3.
More...Kingdom gives go-ahead for 200 key PPP projects
Saudi Arabia’s National Center for Privatization (NCP) has approved 200 development projects, covering 17 major sectors including transport and logistics, housing, tourism, industry, health and education.
More...Elaf, Kinan Real Estate seal Madinah hotel project deal
Elaf Group, a pioneer in the hospitality sector, has signed an MoU with Kinan International Real Estate Development for the management as well as supervision of the design work for an upcoming hotel project within the Aliat Mall in Madinah.
More...GAC slaps $37m fine on 14 local cement firms
Saudi Arabia’s antitrust body, General Authority for Competition (GAC), has slapped fines to the tune of SR140 million ($37.3 million) on 14 local cement companies after they were found guilty of price manipulation.
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May 2023 (Volume xliv Issue 5)