Musharaka Capital and Alkhorayef Group signed an agreement to establish a specialized Water Infrastructure Investment Fund. After obtaining regulatory approval, the fund will invest in water infrastructure projects such as independent water plants, independent sewage treatment plants, and independent water transmission projects.
The fund was established as the Kingdom’s infrastructure projects, in line with the privatization program, are witnessing rapid developments in private sector participation and opening investments for local and international investors.
The Red Sea Development Company (TRSDC) has selected the Acwa Power/China Energy consortium as the preferred bidder for the first phase if the Red Sea Development project.
Read moreThe consortium led by Marafiq and Veolia has reached financial close for the ISTP plant located at Jeddah Airport. Another member of the consortium is Al Amwal Al Khaleejiah. The consortium awarded a...
Read moreThe Ministry of Human Resources and Social Development (MHRSD), in cooperation with the National Center for Privatization & PPP (NCP) in Saudi Arabia, has announced the launch of the Request for Q...
Read moreTatweer Building Company(TBC) in Saudi Arabia announced the consortium of Ajyad Knowledge for Education and Training and Al Bawani Company Ltd. as preferred bidder for Wave 1 Schools PPP. Wave 1...
Read moreACWA Power, investor and operator of power generation and desalinated water plants, announced the successful signing of senior financing agreements for the US$650 million Jubail-3A IWP. The proje...
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