Money and business
“Al Khareef”: Awarding a project with “Jeddah Municipality” worth 155 million riyals

Yesterday, Al Khareef Water and Energy Technology Company signed the award of the project to operate (clean) rainwater and surface water networks in the sub-municipalities (Al-Balad (BA) – Al-Jami’ah (JA) – Umm Al-Salam (US)) – 19320 with the Jeddah Governorate Municipality.
The company said in a statement on the website "Saudi Arabia trading"The value of the project is estimated at 155 million riyals, over a period of 60 months.
The financial impact of the project is expected to be reflected in the second quarter of 2026 AD.
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