{"id":94246,"date":"2025-02-10T00:00:00","date_gmt":"2025-02-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/10\/marafiq-miahona-besix-secure-funding-for-sar-1-5-bn-sewage-treatment-project\/"},"modified":"2025-02-10T00:00:00","modified_gmt":"2025-02-10T00:00:00","slug":"marafiq-miahona-besix-secure-funding-for-sar-1-5-bn-sewage-treatment-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/10\/marafiq-miahona-besix-secure-funding-for-sar-1-5-bn-sewage-treatment-project\/","title":{"rendered":"Marafiq, Miahona, Besix secure funding for SAR 1.5 bn sewage treatment project"},"content":{"rendered":"

\n

INFRASTRUCTURE-<\/p>\n

Al-Haer sewage treatment plant secures funding: <\/strong>A consortium of Power and Water Utility Company for Jubail and Yanbu (Marafiq), Miahona, and Besix secured financial closure for the SAR 1.5 bn Al-Haer sewage treatment plant project, according to two separate disclosures to Tadawul (here<\/a> and here<\/a>). The consortium landed financing agreements with Banque Saudi Fransi<\/a>, Arab Petroleum Investment Corp<\/a>, and Riyad Bank<\/a>.<\/p>\n

The details: <\/strong>The project will operate under a 25-year Build, Own, Operate, and Transfer (BOOT) model, with operations slated to begin in December 2026. The plant will have a treatment capacity of 200k cubic meters per day and include a 32 km treated sewage effluent (TSE) system with a daily capacity of 400k cubic meters.<\/p>\n

BACKGROUND- <\/strong>The consortium was formed in July<\/a>, with Marafiq holding a 35% stake and Miahona 45%. Marafiq is owned by the PIF, the Royal Commission for Jubail and Yanbu, Sabic, and Saudi Aramco Power Company.<\/p>\n

\n

TECH-<\/p>\n

Dell Technol<\/strong>ogies launched its first merge and fulfillment center in the Kingdom<\/strong>, according to a press release<\/a>. The facility \u2014 which will be located in Dammam \u2014 will have the capacity to put together and distribute some 600k units annually, read the release. No financial information about the investment was disclosed.<\/p>\n

Dell\u2019s Flat Panel Monitor Hub will also be relocated to the new Dammam center,<\/strong> which will also feature a facility to customize Dell\u2019s servers for specific customer requirements.<\/p>\n

\n

REGULATION WATCH-<\/p>\n

Government agencies were exempted from penalties for violating municipal licensing <\/strong>procedures<\/strong> as long as the issues are rectified within one year, the S<\/a>audi Gazette<\/a> reports citing a royal decree. The decree also allows the Municipalities and Housing Minister to extend the grace period for an additional year.<\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: Dell launches its first merge and fulfillment center in the Kingdom<\/p>\n","protected":false},"author":1,"featured_media":94247,"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":[2669,54,2502,957,10,3980,861,1571,1151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-alat","tag-also-on-our-radar","tag-besix","tag-dell-technologies","tag-enterpriseam-ksa","tag-lenovo","tag-marafiq","tag-miahona","tag-public-investment-fund-pif","wpautop","entry"],"acf":{"mongo_id":"06572d19-7c70-49b5-8e8f-ab45564fc76e","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/710.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Marafiq, Miahona, Besix secure funding for SAR 1.5 bn sewage treatment project","related_issue":[94230],"teaser":"PLUS: Dell launches its first merge and fulfillment center in the Kingdom","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.688ea129-f491-4bf2-9b91-b4f60fe5f9d1.mp3"},"yoast_head":"\nMarafiq, Miahona, Besix secure funding for SAR 1.5 bn sewage treatment project - 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