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RIYADH: The Federation of Saudi Chambers has launched an initiative to back small and medium enterprises in the Kingdom by granting them access to services provided by government financing agencies. The “Caravan Finance” initiative – which was launched in collaboration with the Chambers of Commerce – falls in line with the Federation’s role in supporting the SME sector by
Consortiums of global industry giants Spanish infrastructure major Acciona and Saudi-based Acwa Power as well as French energy giant Engie are in the race for Rabigh 4, an independent water project in Saudi Arabia with a capacity of 600,000 cu m/day.
RIYADH: Lamar Holding will provide any financial support needed to ensure Aramco’s program to boost the small and medium enterprises sector in Saudi Arabia is a success, the firm’s managing director has told Arab News. Hani Abdelhadi said his Saudi-based company — an investment and development platform that delivers public private partnerships and innovative startups to the
RIYADH: Saudi Aramco has received two bids to develop a seawater desalination plant, which includes a water distribution network, for the Jafurah gas development scheme. Two local companies, Lamar Holding and Aljomaih Holding Co., submitted the bids last month after Saudi Aramco received prequalification applications from interested bidders in August 2021, according to a MEED
RIYADH: Saudi-based Lamar Holding and Aljomaih Holding Co. have submitted bids for the development of the $3.2-billion Aramco seawater desalination plant. The contract includes a water distribution network, which extends over 200 km, and is expected to produce up to 80,000 cubic meters per day of desalinated water. China, Morocco $1bn tech city project China-based Haite Group