Search Site

Trends banner

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

Saudi to build three sewage plants costing $630m

2 min read
Three new sewage plants will be built in Saudi Arabia at the cost of $630 million in partnership with private developers. File pic
  • The plants are expected to be ready by the end of 2024.
  • Madinah, Qassim and Tabuk each will have a plant with daily processing capacity ranging between 90,000-375,000 cum.

RIYADH: Three new sewage plants will be built in Saudi Arabia at the cost of $630 million in partnership with private developers.
Expected to be completed by the end of 2024 in Madinah, Qassim and Tabuk, the plants are being built under the Privatization Program, one of the programs of Vision 2030, said Abdulrahman Bin Abdulmohsen Al-Fadhli, the minister of environment, water and agriculture.
Saudi Arabian Amiantit Co. and Saudi Industrial Services Co. (SISCO) announced that the best-bidder consortium signed a contract on Sept. 26 with Saudi Water Partnership Co. (SWPC) to build the plants.
Saudi firm the International Water Distribution Company, which is 50 percent owned by Amiantit, will have 35 percent of shares in the projects, as will Spain’s Acciona Company.
Another Saudi company, Tamasuk, will have the remaining 30 percent, Saudi Amiantit and SISCO said.
Solar energy units will also be installed to reduce electricity consumption from the grid.
SPA reported that Buraidah and Tabuk plants will be established in the Qassim and Tabuk regions, with a processing capacity of 150,000 cubic meters per day for the Buraidah-2 project and 90,000 cubic meters per day for the Tabuk-2 project.
The Madina project has a treatment capacity of 200,000 cubic meters per day, expandable to 375,000 cubic meters per day.