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INFRASTRUCTURE-
The National Water Company’s (NWC) Central Cluster launched two desalinated water projects worth SAR 400 mn in Riyadh, it said in a statement. The first project supplies Dhurma, Al Muzahmiyya, and Al Quway’iyah regions with water, while the second covers Al Qiddiya region. The projects include 172 km of transmission lines and six operational reservoirs, with a total capacity of 100k cubic meters per day.
ICYMI- NWC broke ground last week on 30 new water and sewage projects across Riyadh valued at around SAR 3 bn. The projects include 16 developments worth over SAR 1 bn and 14 sewage projects worth over SAR 902 mn across the capital city and neighboring governorates.
TECH-
ZainTech secures Saudi license: Zain Group’s digital solutions arm ZainTech received a commercial license to operate as a national entity, allowing it to open regional headquarters in the Kingdom, according to a press release. The certificate will allow it to deploy technology solutions across several sectors in the Kingdom, including cloud computing, cybersecurity, drones, and AI.
AUTOMOTIVE-
EVIQ, Zeekr team up on EV charging: Local EV infrastructure firm EVIQ signed an MoU with electric carmaker Zeekr and its local partner Wallan Trading to expand fast-charging infrastructure throughout the Kingdom, according to a post on LinkedIn. The agreement includes installing new stations at key locations, while offering Zeekr drivers customized charging solutions, according to a press release.
REMEMBER- The Electric Vehicle Infrastructure Company (EVIQ) — a joint venture between the PIF and the Saudi Electricity Company — opened its first fast EV charging station in Riyadh in January 2024 and plans to deploy over 5k chargers across the Kingdom by 2030.
ENFORCEMENT-
Saudi + Kazakhstan sign anti-corruption MoU: The Kingdom’s Oversight and Anti-Corruption Authority (Nazaha) signed an MoU with its Kazakhstani counterpart to deepen cooperation on combating cross-border corruption, state news agency SPA reports. The MoU also covers information sharing and the development of institutional capacities.
