Nesma & Partners signed a Memorandum of Understanding (MoU) with Samsung C&T Corporation Saudi Arabia and Al-Ayuni Limak Contracting Company to form a fully integrated, unincorporated joint venture. The collaboration aims to deliver key project packages for the transformative King Salman International Airport in Riyadh.
Al Moammar Information Systems (MIS) have signed a strategic Memorandum of Understanding (MoU) with Group AMANA to fast-track Saudi Arabia’s transition into a global digital powerhouse, supporting Vision 2030 through high-performance, sustainable data centres. This partnership is aimed at developing state-of-the-art, ESG-compliant data centres in the Kingdom.
Ajdan Real Estate Development Company announced the launch of its luxury residential project, Raseen Rejan Hills, in Khuzam in partnership with National Housing Company (NHC) within the Rejan Hills compound. The project will include 246 diverse residential units, including luxury villas designed with the highest quality-of-life standards.
ACWA Power and its consortium comprising Haji Abdullah Alireza & Partners Company and AlKifah Holding inked an agreement with Saudi Water Partnership Company (SWPC) to build and operate the Ras Mohaisen Independent Water Plant (IWP) project in the Western Province of the Kingdom.
The 300,000 cubic metres per day (m3/day) capacity desalination plant, located in Al Qunfudhah governorate, will use reverse osmosis technology, and includes potable water tanks with a capacity of 600,000 m3.
Saudi Arabia’s Scope Properties has launched its latest project, A40, in the heart of Egypt’s Mokattam Corniche.The development, comprising a ground floor, 4 additional floors and underground parking facility, will be a modern commercial centre which spans 14,000sq.m and featuring a mix of retail units, administrative spaces, and medical offices. The total investment is estimated between EGP 4bn and 5bn.
