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A consortium led by Acwa Power, a major Saudi developer of power and desalination projects, has been awarded the contract to develop an independent water project at Rabigh in Makkah region which will have a production capacity of 600,000 cu m per day.
RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources has moved one step closer to giving out mining exploration licenses for two of its sites as it shortlisted 13 bidders amid a drive to develop the Kingdom’s mining sector. The new opportunity will see the shortlisted bidders compete for permission to dig for valuable metals in two key exploration sites in Riyadh
Saudi National Developmental Housing Corporation (Sakan) said it has secured over SR1 billion ($266 million) through its IPO-style campaign within 13 days of the launch. The Jood Eskan charity will help provide residences to 3,500 needy Saudi families.
8 Qatari banks occupied the list of the 50 largest banks in the region in terms of market value for the year 2023.. Forbes Middle East revealed the list | BLiTZ
RIYADH. KAZINFORM Ambassador of Kazakhstan to Saudi Arabia Berik Aryn held a meeting with Sheikh Mohammed Alajlan, Deputy Chairman of Ajlan & Bros. Holding, the press service of the Kazakh MFA reported.