09/04/2026 02:01 AST

Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a SAR69.5 million ($18.5 million) sewage project works contract from Royal Commission for Riyadh City.

The scope of work includes provision of comprehensive operation and maintenance of treated sewage effluent (TSE) networks and associated facilities across the designated areas in Riyadh, said the Alkhorayef Water and Power Technologies Company in its filing to Saudi bourse Tadawul.

The project aims to ensure efficient system performance, reliability, and sustainability of water reuse infrastructure in the capital, it stated.

As per the deal, the entire contract will be executed over a period of 30 months.

Alkhorayef, a leading Saudi utility infrastructure company, has been undertaking several large-scale water and wastewater projects across the kingdom.

This award further strengthens the company's position as a leading provider of water and wastewater solutions in the kingdom, reflecting its continued commitment to supporting infrastructure development and environmental sustainability initiatives aligned with national objectives, it added.


Trade Arabia

Alkhorayef inks key Saudi sewer networks project deal

02/04/2026

Saudi-based Alkhorayef Water and Power Technologies Company said it has signed a key contract with National Water Company worth SAR221 million ($59 million) for laying of an 184-km long sewer network

Trade Arabia

Alkhorayef secures key Saudi wastewater network maintenance contract

15/12/2025

Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a major contract from National Water Company (NWC) for wastewater projects in the Hafer Al Batin governor

Trade Arabia

Alkhorayef seals Saudi sewer networks development contract

21/11/2025

Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a contract worth SAR221 million ($59 million) from the National Water Company for sanitary sewer networks

Trade Arabia

Ticker Price Volume
AWPT Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
TAQA 2.30 -0.04 (-1.71%)
DEWA 2.64 -0.04 (-1.50%)
ACWAPOWER 173.50 12.80 (7.96%)
SAUDIENERGY 16.81 0.01 (0.05%)
EMPOWER 1.52 0.00 (0.00%)
Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

Trade Arabia

Asas Makeen in deal to develop 503-unit residential project in Riyadh

09/04/2026

Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed an agreement with Tawafuq Al Rimal Real Estate Fund for the development of an integrated reside

Trade Arabia

GCC banks post record $37.4bn revenue in Q4: Kamco

09/04/2026

Banks listed in the Gulf Cooperation Council posted record revenue of $37.4 billion in the fourth quarter of 2025, up 1.7 percent from the previous three months, as lending growth supported income de

Arab News