B Investments’ Giza Systems wins c.USD 30 mn smart water waste project in KSA

B Investments’ Giza Systems awarded USD 30 mn contract for Saudi water project: B Investments’ Giza Systems has won a c.USD 30 mn contract to supply, install and replace the water waste system in northern and north-western regions of Saudi Arabia, the company said in a press release (pdf). The project was awarded to Giza Arabia, Giza Systems’ KSA subsidiary, which will work in cooperation with the Saudi Civil Works Company. The company expects to finish the project by March 2024. “The smart solution developed will allow the [Saudi Environment] Ministry to gain a clearer vision and insights into the water consumption of the sites, thereby affecting water management for the region,” said Ashraf Attia, chief commercial officer at Giza Systems and KSA Giza Arabia manager.