{"id":82592,"date":"2023-12-06T00:00:00","date_gmt":"2023-12-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/06\/more-news-on-the-electricity-grid-hotels-and-rsg\/"},"modified":"2023-12-06T00:00:00","modified_gmt":"2023-12-06T00:00:00","slug":"more-news-on-the-electricity-grid-hotels-and-rsg","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/06\/more-news-on-the-electricity-grid-hotels-and-rsg\/","title":{"rendered":"More news on the electricity grid, hotels, and RSG"},"content":{"rendered":"

HOSPITALITY-<\/strong><\/p>\n

Jabal Omar receives license to operate second tower of landmark Makkah hotel: <\/strong>Jabal<\/a>Omar Development Co.<\/a> \u2014 one of the kingdom\u2019s largest-listed property developers \u2014 has obtained a license from the Tourism Ministry to operate the second tower of its landmark Jabal Omar Address hotel in Mecca with a five-star rating, the company said in a disclosure to Tadawul<\/a> yesterday. <\/p>\n

By the numbers: <\/strong>The second tower is home to 742 rooms and suites, executive lounges, and other facilities. Jabal Omar expects revenues from the second tower will land on its top line starting in 2024. <\/p>\n

ELECTRICITY-<\/strong><\/p>\n

Another day, another new transmission project for Riyadh:<\/strong> Keir International inked its second contract with Saudi Electricity Company (SEC) subsidiary National Grid SA to install high-voltage underground cables, it said in a disclosure<\/a> to Tadawul yesterday. The SAR 48 mn contract will see the company provide high-voltage underground cables connecting Al Aridh Bulk Supply Point (BSP) with the 132 KV network in Riyadh. <\/p>\n

That\u2019s two for two:<\/strong> National Grid awarded Keir last month<\/a> a SAR 253.2 mn contract to connect Al Nazim Bulk Supply Point with the same 132 KV network in Riyadh. <\/p>\n

SUSTAINABILITY-<\/strong><\/p>\n

RSG wants to make the kingdom\u2019s fishing industry sustainable:<\/strong> Multi-project developer Red Sea Global (RSG) \u2014 which is owned by the PIF \u2014 signed a MoU with the National Livestock and Fisheries Development Program (NLFDP) to ensure environmentally and economically sustainable fishing practices in the Kingdom, it said in a statement<\/a> earlier this week. The agreement will see RSG and NLFDP collaborating to ensure sustainable fishing in the kingdom for both marine life and fishermen, especially around the RSG\u2019s regenerative tourism destinations, The Red Sea and Amaala.<\/p>\n

FMCG-<\/strong><\/p>\n

PIF\u2019s Halal Products, Malaysian HDC ink agreement to boost the halal industry: <\/strong>The Halal Products Development Company<\/a> (HDPC) \u2014 a wholly owned subsidiary of the PIF \u2014 signed a strategic partnership agreement with Malaysia\u2019s Halal Development Corporation Berhad<\/a> to boost the growth of the halal industry locally and globally, the HDPC said on X<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

Second tower coming to landmark Makkah hotel<\/p>\n","protected":false},"author":1,"featured_media":82593,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,2652,10,94,66,292,181],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-82592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-electricity","tag-enterpriseam-ksa","tag-hospitality","tag-infrastructure","tag-jabal-omar","tag-red-sea-global","wpautop","entry"],"acf":{"mongo_id":"4d1faf79-1c71-4021-bae8-fa5aa2a528d4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/390.jpeg","photo_position":"above","homepage_title":"","full_issue_title":"More news on the electricity grid, hotels, and RSG","related_issue":[82573],"teaser":"Second tower coming to landmark Makkah hotel","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.e3633cdc-4882-4273-826e-03bb0bdc0f6b.mp3"},"yoast_head":"\nMore news on the electricity grid, hotels, and RSG - 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