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INFRASTRUCTURE-
Gov’t names consortium for developing Ras Mohaisen desalination project: The Saudi Water Partnership Company selected a local consortium of Acwa Power, Haji Abdullah Alireza and Co., and AlKifah Holding as its preferred bidder for developing the Ras Mohaisen independent water plant, according to a post on X. Meanwhile, Spanish infrastructure developer Acciona was named as the reserve bidder.
About the project: The project primarily features a reverse osmosis desalination plant with a total production capacity of 300k cbm per day (100k cbm in the first phase), scheduled to operate in 1Q 2028, and 200k cbm in the second phase, expected to operate in 1Q 2030. The project also includes a 600k cbm water storage system, and a power substation.
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HOSPITALITY-
PIF-owned developer Ardara tapped US-based architectural design firm OBMI to design the first phase of AlWadi, the company’s flagship project in downtown Abha, including four- and five-star hotels, residences, and commercial facilities, among others, Ardara said on X. Ardara also signed an agreement with US-based, tech-focused construction firm Parsons for the project’s infrastructure and engineering designs, the developer said in a separate post. No investment tickets were disclosed.
AUTOMOTIVE-
The Commerce Ministry is recalling some 16k vehicles due to faulty brake fluid warning lights, it said in a post on X. The recalled models include 8.5k Chevrolet Silverado LD, Tahoe, and Suburban models, 6.9k GMC Yukon, Yukon XL, and Sierra LD models, and 579 Cadillac Escalades and Escalade ESVs.
