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- Zain new business verticals make $253 million in additional revenues: Bader Al-Kharafi
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08/04/2025 00:29 AST
Miahona, a leading Saudi pioneer in water and wastewater infrastructure development, said it has secured an order worth SAR1 billion ($267 million) for the development of a wastewater treatment plant in Jeddah 1st Industrial City.
The contract, which is for a long tenure of 25 years, was awarded by the Saudi Authority for Industrial Cities and Technology Zones (Modon).
The project scope includes the rehabilitation, development, construction, operation and maintenance of the industrial wastewater treatment systems.
It also involves capital investment, land utilisation, service provision and revenue generation through treated water sales, all within the framework of a Rehabilitation, Operation, and Transfer (ROT) model.
Miahona said, as per the deal, it will be utilising the site for the project and ensuring the continuity and reliability of providing public services related to wastewater and industrial water treatment.
The work also involves treatment of raw wastewater and industrial effluent according to the Service Agreement (SA) as well as marketing and sale of treated water for industrial purposes in accordance with the Service Agreement (SA).
Miahona will also provide maintenance for external networks and lift stations.
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TAQA | 3.14 | 0.01 (0.31 |
| ACWAPOWER | 331.00 | 5.00 (1.53 |
| DEWA | 2.60 | 0.02 (0.77 |
| SAUDIELECTRICITY | 15.04 | 0.08 (0.53 |
| EMPOWER | 1.60 | -0.05 (-3.04 |
17/04/2025
The Zain Group Annual General Meeting (AGM) was held at the Zain Group's headquarters in Kuwait, attended with a quorum of 79.2% of shareholders whereby they were presented with the Zain Group's 2024
Kuwait Times
17/04/2025
Al Meera Consumer Goods Company is strengthening efforts to digitise platforms and expand self-checkout as part of its continued strategies to improve services to customers.
"Looking towards
Gulf Times
16/04/2025
Commercial Bank, a leader in innovative digital banking solutions in Qatar, in collaboration with Microsoft, hosted the first DHL4SMEs workshop on digital and financial strategies for SMEs at Commerc
The Peninsula
16/04/2025
Dukhan Bank announced the names of the most recent round of draw winners for Thara'a, its Shariah compliant savings account, at the Bank's headquarters.
The draw was conducted under the supe
The Peninsula
16/04/2025
Bank Muscat, the largest financial institution in Oman, reported a net profit of RO58.56mn for the first quarter of 2025, compared to RO54.24mn reported during the same period in 2024, reflecting a y
Muscat Daily
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia