Latest news with #AlKharj
Zawya
3 days ago
- Business
- Zawya
Saudi's Alkhorayef Water bags $57mln sewage network contract
Alkhorayef Water and Power Technologies Co. said it bagged a contract from state-run National Water Company (NWC) to build the seventh phase of the sewage networks in Al-Kharj Governorate. The contract is valued at 215 million Saudi riyal ($57.30 million), the company said in a statement to the Saudi stock exchange. The project's completion timeline is within 36 months. The contract is expected to have a positive impact on the financials for the fourth quarter of 2025, the statement said. (Editing by Anoop Menon) (
Argaam
3 days ago
- Business
- Argaam
Alkhorayef Water bags SAR 214.6M sewage network contract in Al-Kharj
Alkhorayef Water and Power Technologies Co. (AWPT) signed today, Aug. 13, a contract with the National Water Co. (NWC) to implement sewage networks in Al-Kharj Governorate (Phase 7). The 36-month contract is valued at SAR 214.55 million, excluding VAT, the company said in a statement to Tadawul. The project is expected to positively impact the company's financials in Q4 2025. There are no related parties to the deal, the statement added.
Zawya
11-06-2025
- Business
- Zawya
Saudi: Cenomi Centers unveils $2.02mln sale deal
Arabian Centres Company (Cenomi Centers) sold a land plot in Al Kharj located on Riyadh-Al Kharj Road, with a total area of 425,390 square meters, for SAR 100 million. The sale deal aligns with the company's program to sell an identified portfolio of non-core assets worth around SAR 2 billion, according to a bourse filing. The net book value of this land on the company's financial statements amounted to SAR 93.30 million as of 31 March 2025. Cenomi Centers will use the proceeds from this transaction to fund and support its internal resources. The positive financial impact of the transaction is expected to appear in its financial results for the second quarter (Q2) of 2025. SIMAH Rating Agency (Tassnief) recently assigned a long-term national scale entity rating of (A-) and a short-term entity rating of 'T-3' to Cenomi Centers. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Arab News
20-05-2025
- Business
- Arab News
Saudi program to train rural women in leathercraft
RIYADH: The Sustainable Agricultural Rural Development Program, known as Saudi Reef, has launched its first vocational empowerment training in leather industries for rural women in Al-Kharj governorate. The program aims to promote entrepreneurship and support the national economy in line with Vision 2030 goals, the Saudi Press Agency reported. It provides rural women with practical skills in leather manufacturing to help develop their small businesses and improve the marketing of their products. Majed Al-Buraikan, Saudi Reef assistant secretary-general for media and communication, said 15 rural women are participating in the training, which covers value-added leather production, design, product diversification, quality control, and business management. The program includes training in business planning, cost management, marketing, and branding to help participants establish viable ventures, according to SPA. Recently, the UN World Tourism Organization recognized Saudi Reef's role in supporting sustainable development through its link with rural tourism. Basmah Al-Mayman, UNWTO Middle East director, in a letter to Saudi Reef Secretary-General Ghassan Bakri commended the program for organizing rural tourism events in various regions of the Kingdom. UNWTO expressed interest in collaborating with Saudi Reef on initiatives focused on sustainable community development and rural tourism.
Asharq Al-Awsat
19-05-2025
- Business
- Asharq Al-Awsat
Saudi Reef Launches Leather Craft Training for Rural Women in Al-Kharj
The Sustainable Agricultural Rural Development Program (Saudi Reef) has launched its inaugural vocational empowerment training program in leather industries for rural women in Al-Kharj Governorate, aiming to promote entrepreneurship and contribute to the national economy in line with Vision 2030 goals. The program equips rural women with essential skills in local leather manufacturing to strengthen their small businesses and support the marketing and growth of their leather products, SPA reported. Saudi Reef Assistant Secretary-General for Media and Communication Majed Al-Buraikan noted that 15 female rural entrepreneurs are participating in the training, which focuses on value-added leather industries, including techniques, innovative design, product diversification, quality control, and business management. The program also covers business planning, cost strategies, marketing, and branding to help establish value-added ventures.
