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Saudi's NWC expected to award Rabigh sewage infrastructure project in Q3

Saudi's NWC expected to award Rabigh sewage infrastructure project in Q3

Zawyaa day ago
Saudi Arabia's National Water Company (NWC)is expected to award the tender for the Rabigh Sewage Network and Pumping Stations Extension Project, located in Rabigh in Makkah province towards the end of the third quarter of 2025.
The tender was released on 22 May 2025 with a bid submission deadline of 26 June 2025.
"The construction contract award is scheduled for September 2025 with project completion targeted for the third quarter of 2027," a source aware of the details told Zawya Projects.
The scope includes 36 kilometres of sewage slope networks, with pipe diameters ranging from 200mm to 800mm, and all required civil, mechanical, and electrical works to complete three lifting stations.
(Reporting by Deva Palanisamy; Editing by Anoop Menon)
(anoop.menon@lseg.com)
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Sierra Leone's President Julius Maada Bio Commissions the Mattru-Senehun Bridge, Praises World Bank for Continued Support to National Development
Sierra Leone's President Julius Maada Bio Commissions the Mattru-Senehun Bridge, Praises World Bank for Continued Support to National Development

Zawya

timean hour ago

  • Zawya

Sierra Leone's President Julius Maada Bio Commissions the Mattru-Senehun Bridge, Praises World Bank for Continued Support to National Development

His Excellency President Dr Julius Maada Bio has officially commissioned the newly constructed Mattru Jong–Senehun Bridge in Jong Chiefdom, Bonthe District, a transformative infrastructure project designed to benefit over 20,000 residents. The bridge is expected to significantly reduce travel time and costs, eliminate the risks associated with manual ferry transport, and improve the movement of goods, especially farm produce, to markets across the region. Located along the Jong River, Mattru Jong serves as the mainland of Bonthe District, approximately 52 miles southwest of Bo. It was previously one of the country's 13 colonial-era manual ferry points identified by President Bio for replacement with modern bridges as part of his broader infrastructure and rural development strategy. In his keynote address, President Bio described the commissioning as a deeply personal and national milestone. 'This is a promise fulfilled to my people, to our district, and to our future,' he declared. Recalling his Big Five Game Changer agenda, the President emphasized that his government is committed to delivering tangible development to every part of Sierra Leone 'from the hills of Koinadugu to the riverbanks of Bonthe.' He recounted the challenges of the past: 'Our communities relied on manual ferries that were limited to daytime use, became unusable during the rainy season, and often posed serious risks. These were not just inconveniences, they were barriers to progress,' he said. 'While previous governments spoke of development, our government is delivering it. We are the 'Tok N Do' government.' President Bio explained that the bridge was made possible through a US$30 million grant from the World Bank under the Smallholder Commercialisation and Agribusiness Development Project (SCADeP), overseen by the Ministry of Agriculture and Food Security. The Mattru Bridge is one of four constructed under the initiative, alongside Gendema in Kenema District, Manowa in Kailahun District, and Tomparie in Karene District. He described the new 160-metre structure as a vital connection point linking Mattru Jong to Bo, Moyamba, and Pujehun Districts, enabling faster access to healthcare, education, and markets. 'Now, mothers can reach clinics faster, students will arrive at school safely, and traders and farmers can move goods with ease,' the President said. President Bio emphasized that beyond reducing travel time, the bridge restores dignity and brings hope to local communities. He expressed profound gratitude to the Ministry of Agriculture, the SCADeP team, the Sierra Leone Roads Authority, Paramount Chiefs, local councils, and Members of Parliament for their roles in making the project a success. He also thanked the World Bank for its unwavering partnership. 'You have walked this journey with us. Your support is yielding real results for our people. But we are not done. There are more bridges to build, more roads to open, and more communities to transform,' he assured. Speaking on behalf of the World Bank, Dr Abdul Muwonge, Country Manager for Sierra Leone, commended the government and local stakeholders for their cooperation. He noted that farmers, women, schoolchildren, and the elderly had long struggled with access and connectivity in the region. 'This bridge is more than concrete and steel, it is a legacy that will serve generations,' he said. Dr Muwonge applauded President Bio for making a compelling case at the World Bank headquarters, which has led to additional funding for future bridge projects. He reaffirmed the Bank's commitment to supporting Sierra Leone's infrastructure and rural development ambitions. Also speaking at the ceremony, Minister of Agriculture Dr Henry Musa Kpaka described the bridge as a flagship achievement under President Bio's Big Five Game Changers. He stated that the improved infrastructure would encourage farmers to increase production, knowing that their goods can reach markets efficiently and safely, with improved storage and profitability. The commissioning of the Mattru-Senehun Bridge stands as a powerful symbol of President Bio's commitment to inclusive development, rural connectivity, and agricultural transformation. With strong partnerships, bold leadership, and sustained investment, Sierra Leone is steadily moving forward, one bridge, one road, and one empowered community at a time. Distributed by APO Group on behalf of State House Sierra Leone.

Saudi Arabia's Red Sea Global ‘on track' to open AMAALA, 11 resorts fuelled by ‘surging' investor demand
Saudi Arabia's Red Sea Global ‘on track' to open AMAALA, 11 resorts fuelled by ‘surging' investor demand

Arabian Business

time2 hours ago

  • Arabian Business

Saudi Arabia's Red Sea Global ‘on track' to open AMAALA, 11 resorts fuelled by ‘surging' investor demand

Red Sea Global (RSG) is preparing to open 11 resorts across The Red Sea destination and welcome first guests to AMAALA between now and early next year, due to 'surging' investor interest. This would bring the total number to 25 resorts, Ahmad Darwish, Group Chief Administrative Officer for Red Sea Global told Arabian Business in an exclusive interview. 'Investor interest is not just strong, it's surging. The international investor community is keenly aware of the unique opportunities Red Sea Global offers across tourism, infrastructure, healthcare, and real estate,' Darwish said. Saudi Red Sea Global to undergo 'continued evolution' The kingdom's tourism developer has opened five resorts at The Red Sea destination over the past 12 months, including Desert Rock and Shebara in Q4 2024. These join Thuwal Private Retreat, described as 'a secluded Red Sea island getaway off the coast of Jeddah', representing the first resorts entirely owned and operated by Red Sea Global. 'We are demonstrably open for business, and the response has been remarkable, with investors actively seeking opportunities to participate. We have a robust pipeline of major deals underway, reflecting the confidence in our vision and execution.' The next 6 to 12 months will see 'continued evolution' of Red Sea Global's offerings, Darwish said, adding that the company is preparing to open more resorts at The Red Sea, including the opening of resorts on Shura Island, the naturally dolphin-shaped hub of The Red Sea destination. 'We're on the cusp of opening even more spectacular resorts at The Red Sea, further solidifying its position as a premier global destination.' Shura Island will feature 11 world-class resorts set to open this year, with sustainable designs such as 'Coral Bloom' inspired by thriving coral reefs. The island is accessible via Saudi Arabia's longest overwater bridge, less than one hour's drive from Red Sea International Airport. 'The much awaited launch of Phase One of AMAALA is also on the horizon, promising to redefine wellness and luxury travel on a global scale,' Darwish said, adding that the island will feature a series of lagoons, beaches, and dunes, with an 18-hole championship golf course and a yacht marina on one side. The period will also see the grand opening of Shura Links, the Kingdom's first-ever island golf course, further solidifying The Red Sea's position as a world-class destination. 'Beyond these milestones, we'll be significantly expanding our regenerative initiatives, demonstrating our unwavering commitment to regenerative tourism and redefining the future of travel – with people and planet at the forefront,' Darwish said. 'Expect to see exciting new partnerships and collaborations announced, further amplifying our network and expertise. And finally, we'll be unveiling even more opportunities to own a piece of paradise with further announcements regarding our exclusive residential offerings,' he added. Red Sea Global opens five resorts, AMAALA wellness destination 'on track' The current operational resorts are Nujuma, The St. Regis, Six Senses Southern Dunes, Shebara, Desert Rock, and Thuwal Private Retreat. 'These resorts are not just luxurious; they are a testament to our commitment to sustainability and authentic Saudi hospitality,' Darwish explained. 'The Red Sea destination offers a diverse range of experiences, from luxurious beachfront stays to immersive desert adventures, all while adhering to our regenerative standards, and meticulously integrated environmental sensitivities.' AMAALA, the company's wellness destination, remains firmly on track to open by year-end, with key infrastructure and hotels ready. The destination is backed by hospitality brands including Jayasom, Rosewood, Six Senses, Equinox, Four Seasons, The Ritz-Carlton, Clinique La Prairie, and Nammos. Red Sea Global development phase: 16 hotels planned for 2025 Red Sea International Airport has been operational since September 2023, providing seamless travel connections. 'The Red Sea, having welcomed its first guests in 2023, is continuously enhancing its unique desert and island experiences,' he added. The company is on track to complete all 16 hotels for Phase One of The Red Sea in 2025. AMAALA is progressing rapidly towards its late-2025 opening, focusing on cutting-edge infrastructure for transformative wellness. Key developments include Corallium, a marine research hub, and the AMAALA Yacht Club, both promoting oceanic preservation. 'In simple terms, our developments are setting new global benchmarks,' Darwish said. 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'We are making Vision 2030's ambitions for national transformation and economic diversification operational realities for the people of Saudi Arabia,' he explained. In 2024, the Kingdom recorded 30 million international arrivals, a new record compared to just over 17.5 million in 2019. Saudi Arabia's target has also been increased from hosting 100 million visitors annually by 2030 to 150 million. 'It's incredibly rewarding to see our destinations making a tangible and positive impact on these targets,' Darwish explained, adding that the company is 'deeply committed to supporting Vision 2030 and look forward to expanding our efforts to contribute even further to its success.' The company is also pioneering a new model of regenerative tourism, actively regenerating the Red Sea ecosystem while benefiting local communities and the Saudi economy under Vision 2030. 'As guardians of this precious environment, we are proving that luxury travel and environmental stewardship can not only coexist but thrive together. With our vertically integrated business model, we ensure both value creation and high-quality delivery,' he added. 120,000 employment opportunities and training programs As Group Chief Administrative Officer, Darwish explained how he also prioritises building a skilled workforce aligned with regenerative tourism. The company offers 16 programs including educational, vocational, and on-the-job training providing career pathways. To date, 1,995 students have benefited from these programs. In February 2024, Red Sea Global launched The Red Sea National Academy, aiming to train 10,000 individuals by 2030 in partnership with TVTC and Colleges of Excellence. The company's Vocational Training Program celebrated the graduation of its third batch in June, comprising 466 students, with 52.4 per cent being female graduates. Red Sea International Airport has also already employed 122 young Saudis, many from programs like the Vocational Training Program, Elite Graduate Training Program, and Red Sea Scholarship. 'Overall, we are set to create 120,000 jobs, contributing SAR33 billion annually to the economy. Beyond our sustainable and responsible developments, our commitment extends deeply to empowering people and communities,' Darwish said. 'We are actively investing in vocational training programs, such as our recent agreement with Oracle to train 5,000 Saudi citizens,' he added. The Social Development team also engages local communities through initiatives like the Red Sea Classic Sailing Race, preserving maritime heritage and transferring traditional boat-building skills to Saudi youth, alongside specialised craft workshops. The company has strengthened ties through meetings with Governors of surrounding cities. 'We actively seek partnerships with like-minded organizations,' Darwish said. 'In May, we partnered with SEK Education Group to open schools at The Red Sea and AMAALA by 2025-2026, offering the International Baccalaureate program. This supports Vision 2030 by raising education standards and fostering economic diversification,' he explained. Moreover, the company recently signed a Memorandum of Understanding with the Saudi Olympic & Paralympic Committee (SOPC), represented by its commercial and team brand, Team Saudi. 'This partnership outlines a shared commitment to welcoming Saudi Paralympic athletes to RSG's destinations, using their participation and feedback to shape future sporting and entertainment experiences that cater to all communities, regardless of ability or background.' Red Sea Global's commitment to environmental sustainability is demonstrated through multiple initiatives. The company launched Botanica, which has already supplied over 7 million plants for landscaping destinations, with a target of 30 million by 2030. 'Our leadership in sustainable development is underscored by achieving Saudi Arabia's first LEED Platinum hotel certification. Our destinations are powered by 100 per cent renewable energy, generated by 760,500 solar panels and stored in one of the world's largest off-grid battery facilities with a 1,200 MWh capacity,' Darwish added. 'We've also implemented advanced clean mobility solutions, including EVs, e-bikes, and hydrogen-powered ferries,' he said. The Coral Gardening Project has achieved success by nurturing and replanting 98,000 corals in new underwater habitats from 2021 to 2023, achieving a high survival rate. The company has also installed 30 artificial nesting sites to assist in protecting vulnerable Sooty falcons. However, operating a giga-project of this scale presents unique administrative challenges, Darwish said. 'Managing vast complexity and scale across numerous teams like construction, hospitality, and environment, which can be viewed as a major hurdle.' The company addresses these challenges by leveraging technology including advanced project management software, digital workflows, and real-time data analytics for seamless communication. 'Another challenge is embedding sustainability as a core principle, which requires meticulous planning from responsible sourcing to waste management, constantly exploring new best practices,' Darwish said. 'Finally, deep community engagement is crucial; we build strong relationships and create opportunities for employment and development, recognising that our success is linked to local well-being.' Laheq Island development and property sales On the real estate front, the company successfully launched Red Sea Residences, featuring properties on Shura Island and the recently unveiled Laheq Island, with nearly 20 per cent of the homes having been sold. Scheduled to open in 2028, Laheq Island will redefine luxury living with exclusive residential offerings, according to Darwish. 'The successful launch of our residential portfolio, Red Sea Residences, featuring properties on Shura Island and the recently unveiled Laheq Island, has generated significant interest from local, regional, and international buyers,' Darwish said. 'This solidifies Red Sea Global's position as a leader in innovative and responsible development. We are constantly exploring new opportunities to expand our portfolio and elevate our offerings,' Darwish concluded.

Opec+ agrees to bigger than expected monthly oil output increase
Opec+ agrees to bigger than expected monthly oil output increase

The National

time3 hours ago

  • The National

Opec+ agrees to bigger than expected monthly oil output increase

Opec+ has agreed to a larger-than-anticipated increase its monthly oil output by another 548,000 barrels per day for August, despite demand concerns stemming from America's push for tariffs and the slowing global economy. The decision marks the fourth consecutive month that the group of oil producers, led by Saudi Arabia and Russia, will raise production. However, the latest monthly hike is a jump from the 411,000 barrels for each of May, June and July and traders had expected the same level for August. The increase comes "in view of a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories, and in accordance with the decision agreed upon on 5 December 2024 to start a gradual and flexible return of the 2.2 million barrels per day voluntary adjustments starting from 1 April 2025," Opec said in a statement on Saturday. Opec+ said the gradual increases may be paused or reversed subject to evolving market conditions and this flexibility will allow the group to continue to "support oil market stability". The measure will allow the eight countries of Opec+ to "accelerate their compensation," the statement said. The group will meet next on August 3 to decide on September production levels. The Opec+ decision comes despite oil prices languishing far below the highs of the initial days of the Russia-Ukraine war in 2022. Oil prices started 2025 strongly. The closing price of Brent, the benchmark for two thirds of the world's oil, peaked at more than $82 a barrel on January 15, while West Texas Intermediate, the gauge that tracks US crude, hit almost $79 per barrel on that day. Demand concerns, a slowing economy and less-than-stellar growth in China, the world's biggest crude importer, have weighed down crude prices in 2025. US President Donald Trump's push to impose hefty tariffs on trade partners this year has been the biggest driver of declining prices. His back-and-forth on trade and tariff policies has added to volatility in a market rattled by geopolitical concerns and wars in the Middle East that have threated to disrupt global crude supplies from the region. The latest round of volatility was driven by the 12-day war between Israel and Iran prices rose more than 13 per cent in a week, but quickly slumped below where they were before the conflict. US-Iran nuclear talks expected to restart in Oslo next week are adding to bearish sentiment in the market. US news website Axios reported on Thursday that White House envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi will be in attendance during the negotiations. Brent, the benchmark for two thirds of the world's oil, closed 0.73 per cent lower to $68.3 a barrel on Friday, while West Texas Intermediate, the gauge that tracks US crude, was trading 0.75 per cent lower to $66.5 a barrel. Brent settled about 0.8 per cent higher than last Friday's close and WTI was around 1.5 per cent higher. There is still uncertainty over US tariff policies with the end of a 90-day pause on higher rates set to expire on July 9. Washington was due to start sending letters to countries on Friday specifying tariff rates they face on goods exported to the US. President Trump told reporters before leaving for Iowa on Thursday that the letters would be sent to 10 countries at a time, setting out levies of 20 per cent to 30 per cent, according to Reuters. A number of nations are still negotiating trade deals with the US. Accelerated output The faster pace of bringing crude back to the market began in March when Opec+ said it would proceed with a 'gradual and flexible' unwinding of voluntary production cuts of 2.2 million bpd, starting in April and adding 138,000 bpd per month until September 2026. The return of production cuts – originally agreed by eight Opec+ members including Saudi Arabia, Russia, the UAE and Iraq in November 2023 – had been pushed back several times amid concerns about growing supply in the market. However, analysts say the market has priced in the latest increase and crude is less likely to start dipping much below the current levels. Janiv Shah, vice president of oil markets at Rystad Energy, told The National the market 'widely expects Opec+ to announce one more month of the accelerated unwinding as the balances show a heavily undersupplied market for August due to peak demand and refinery runs, which would still remain in a deficit after extra barrels are counted in. 'The Opec+ hike has been largely priced in, as the market trades in a narrow band amid reduced risk premiums and geopolitical forces,' he added.

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