May 7, 2026
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HomePress Releases

Press Releases

Press Releases

Hassan Allam Holding Acquires MetiPro, Metito’s Engineering and EPC Arm

April 16, 2026 Mohammad S
Hassan Allam has agreed to acquire MetiPro, the engineering, procurement, and construction arm of Metito group. The acquisition forms part of the Group’s strategic efforts …
Construction

PIF Board of Directors Approves PIF 2026-2030 Strategy

April 15, 2026 Mohammad S
Next phase of PIF strategy sets out roadmap to 2030, as PIF continues to drive the economic transformation of Saudi Arabia Strategy focuses on maximizing …
Press Releases

Boutique Group and King Abdulaziz Public Library Sign MOU to Enrich Cultural and Heritage Collaboration

April 15, 2026 Mohammad S
Boutique Group, a hospitality company fully owned by the Public Investment Fund, today announced the signing of a Memorandum of Understanding (MoU) with King Abdulaziz …
Press Releases

Acciona Tests Next-Generation Reverse Osmosis System to Improve Desalination Efficiency

April 6, 2026 Mohammad S
ACCIONA has successfully tested a next-generation reverse osmosis configuration designed to improve the energy efficiency and sustainability of seawater desalination, as part of the European …
Press Releases

Qatar’s Umm Al Houl RO Desalination Plant Achieves 2 Million Safe Man-Hours Without Incidents

January 19, 2026 Mohammad S
The Umm Al Houl desalination plant in Qatar has reached a major safety milestone, achieving two million safe man-hours with zero Lost Time Incidents (LTI) …
Press Releases

JLL acquires significant stake in PIF’s facility management arm FMTECH

December 15, 2025 Mohammad S
PIF and JLL announced JLL is acquiring a significant stake in the Saudi Facility Management Company (FMTECH), a PIF company. PIF will maintain a majority …
Construction

Hassan Allam awarded $250 million Contract to build the iconic Afreximbank African Trade Centre in Egypt’s New Capital

December 14, 2025 Mohammad S
Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has been awarded a landmark USD 250 million contract for the construction of the African Export-Import …
Press Releases

Sudlows Consulting Rebrands to Kent Data Centres, Igniting the Next Era of Digital Infrastructure

November 23, 2025 Mohammad S
Kent, a global leader in integrated engineering and energy solutions, announced the rebrand of Sudlows Consulting to Kent Data Centres, marking the full integration of …
Press Releases

Acciona Hosts “Resilient by Nature: Water, Climate and the Future” Sustainability Symposium In Doha

November 22, 2025 Mohammad S
ACCIONA, in collaboration with Hamad Bin Khalifa University (HBKU), has successfully hosted the first Middle East edition of the Sustainability Symposium “Resilient by Nature: Water, …
Press Releases

Al-Futtaim Contracting and Hyundai Elevator Sign Exclusive Partnership to Elevate Vertical Transportation Across Saudi Arabia

September 9, 2025 Mohammad S
Al-Futtaim Contracting, a fully integrated, end-to-end specialist division of Al-Futtaim Real Estate operating across the UAE, Saudi Arabia, Qatar, and Egypt, has been delivering innovative …

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Alkhorayef Water & Power Technologies Co., Saudi Arabia announces the award of Operation and Maintenance of Water & Sewage Networks in Mina and Muzdalifah of …
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DigitalBridge Announces PIF as an Investor Aiming to Develop Data Centers in Saudi Arabia and the GCC Region

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