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A consortium led by Acwa Power, a leading Saudi developer of power and desalination projects, has emerged as the preferred bidder to build a 600,000 cu m/day RO desalination plant in Rabigh located 180 km northwest of Makkah city on the Red Sea coast.
RIYADH: Scopa Industries will be the main partner of the World Defense Show 2024 set to take place in Riyadh next year, reported the Saudi Press Agency. Andrew Pearcey, the CEO of the World Defense Show, and Fawaz Al-Aqeel, the group CEO for Defense and Security Sector of Scopa's mother company Ajlan & Bros. signed the deal at the pavilion of the General Authority for Military
Companies from China and the Middle East have expanded many programs in the areas of logistics and infrastructure development to bolster bilateral trade and deepen cooperation in cross-border e-commerce, said business executives and market watchers.
Saudi Power Procurement Company has announced that 21 major developers including GE, Samsung C&T, French utility major EDF and India's energy conglomerate NTPC have prequalified for the development of 7,200 MW power projects with CCS readiness provision.
Japan's Marubeni Corporation has partnered with two key regional players in the utility sector - Ajlan & Bros of Saudi Arabia and Qatar's United District Energy International (UDEI) - to set up a new venture in KSA to provide district cooling services.