Search by Popular Categories


  • Consumer

  • Commercial

  • Construction

  • Industrial

  • Oil & Gas

  • DIAMOND SPONSOR

CONSTRUCTION NEWS

Alkhorayef wins Jeddah city water maintenance contract

Jun 20, 2022 11:38 AM

Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a SR228.2 million ( 61 million) contract from the National Water Company for the operation and maintenance...

Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a  SR228.2 million ($61 million) contract from the National Water Company for the operation and maintenance of the water sector in Jeddah city.
 
As per the deal, Alkhorayef Water and Power Technologies Company will be performing the works operation and maintenance of water sector for period of 60 months within Jeddah City, said the Saudi group in its filing to Tadawul.
 
The financial impact is expected to take place during third quarter of the year, it added.
 
In another development, Alkhorayef has been awarded construction contracts worth SR1.86 billion ($495 million) by the Ministry of Environment, Water and Agriculture for four water quality improvement projects in Eastern Region. 
 
The scope of work included engineering, procurement and construction of strategic transmission lines and distribution networks in addition to pumping stations and strategic reservoirs, stated Alkhorayef in ist filing to the Saudi bourse.
 
These projects are located in Dammam, Khobar, and Qatif cities with construction duration ranging between 24 to 30 months, it stated. The financial impact will start in Q4 of 2022, it added.-TradeArabia News Service

Premium Partners - construction

CONSTRUCTION NEWS

New Saudi firm to develop downtown areas in 12 cities Oct 4, 2022 10:28 AM

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud...

Sumou seals major Riyadh infrastructure development deal Oct 3, 2022 13:42 PM

Sumou Real Estate Company a leading developer in Saudi Arabia has...

Saudi group SRC extends mortgage maturity offering to 30 years Oct 3, 2022 12:40 PM

Saudi Real Estate Refinance Company (SRC) a unit of Public Investment...

Jazeera Paints sponsors ‘Projects of Distinguished Cities 2022’ Oct 2, 2022 15:58 PM

The third edition of the exhibition Projects of Distinguished Cities...

Jazeera Paints unveils innovative products at key Saudi expo Oct 2, 2022 13:42 PM

Jazeera Paints a pioneering company in the paint industry in the...

Acwa Power in deal to develop major SWRO plant in Senegal Oct 2, 2022 10:49 AM

Acwa Power a leading Saudi developer investor and operator of power...