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FINANCIAL NEWS
Saudi Arabi awards Veolia contract for desalination plant
13 Jun 2013
(MENAFN) Royal Commission of Jubail and Yanbu made an announcement stating that Marafiq, the Saudi power and water utility for Jubail and Yanbu, awarded the French firm Veolia Environnement a contract for a reverse-osmosis desalination plant on the Arabian Gulf by, reported Bloomberg.
The commission also said that two units of Veolia, Sidem France and Sidem Saudi Arabia, will be designing, building, operating and maintaining the plant.
It is worth noting that Veolia Environnement is a transnational French company (TNC) with activities in four main service and utility areas traditionally managed by public authorities which are water supply and water management, waste management, energy and transport services. In 2011, Veolia employed 331,226 employees in 77 countries. Its revenue in that year was recorded at USD39.31 billion.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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