News

Nesma Water & Energy Wins Water Tra...
Nesma Water & Energy Wins Water Transmission Project
Apr 2022

NW&E was awarded a 36-month, SAR 415M waterline project to address the increased demand in an ever-expanding Jeddah. The new line will carry water that originates at the Rabigh desalination plant from storage near the Taiba district 42 kilometers to the Al Faisaliyah reservoir with some branch transmission points along the way. This will bring new stability to water availability for many residents. As the pipeline will pass through heavily populated areas, NW&E engineers will bore underground to install water ducts ranging in diameter from 400mm to 1600mm along with 201 valve chambers. This milestone project which was awarded by the National Water Company, is in keeping with the Vision 2030 national water strategy and is an indicator of continuing prosperity for NW&E.

Nesma Security Secures ROSHN Contra...
Nesma Security Secures ROSHN Contract 
Apr 2022

Nesma Security will provide security services for ROSHN Real Estate company’s SEDRA housing project in Riyadh. The three-year contract, valued at SAR 27 million, will employ 72 Saudis. SEDRA has been designed to be a modern, energy efficient community that promotes sustainability. The development will span 20 million square meters. ROSHN is owned by the Public Investment Fund.

Namat Wins Key Contract
Namat Wins Key Contract
Apr 2022

Namat has been awarded a contract with TasHeel Holding Group worth over SAR 200,000. The tailoring centers will make uniforms for employees of the new “Ask Me” information service at King Abdulaziz International Airport in Jeddah. The contract calls for 450 abaya style uniforms with scarf and 200 vests for male “Ask Me” workers. Namat looks forward to serving the needs of TasHeel Holding and its many subsidiaries well into the future.

Jollibee Opens 13th KSA Store
Jollibee Opens 13th KSA Store
Mar 2022

Jollibee is building a global brand as it fulfills its mission to serve great-tasting food and bring the joy of eating to everyone. Now that joy can be felt at Al Andalus Mall in Jollibee’s newest store which opened this month. The store inauguration was highlighted by the ribbon cutting ceremony led by Jollibee Nesma United CEO Faisal Y. Bamhrez, Operations Head Tristan San Pedro, Turki Basabrain, HR and Admin Manager and the rest of the leadership team. One of Jeddah’s busiest malls, Al Andalus has more than 11 million visitors per year to its 416 stores and exhibits spread across 120,000 square meters. The Jollibee store is open from 10:00 am to midnight daily, and is located at the mall’s food court.

Nesma Security Co. Secures Metro Pr...
Nesma Security Co. Secures Metro Project
Mar 2022

Nesma Security Co. will provide security services for the Riyadh metro lines 3, 4 and 5 (the Orange, Yellow and Green lines). The SAR 65M project was awarded by Rekeep Saudi - an Italian company. This two-year contract, which can be extended for five years, will employ up to 500 people including guards and supervisors. The Riyadh metro is expected to serve over a million passengers daily the first few years and over three million per day within a decade, thereby reducing car usage and the associated fuel along with reduced traffic congestion, all in line with Vision 2030 plans. The high-tech trains will run on six lines and be managed and surveilled at a state-of-the-art control center. The system is expected to produce 7600 job vacancies annually. The Riyadh metro, currently in the trial phase, is expected to be fully operational sometime this year.

Nesma & Partners Lays Foundation St...
Nesma & Partners Lays Foundation Stone for Avenues Mall
Mar 2022

Nesma & Partners signed an agreement with the Riyadh Avenues Mall project owner, Shomoul Holding Company, to be the main contractor for Phase 1 of the project in November, 2021. In February, the foundation stone was laid under the patronage of HRH Prince Faisal bin Bandar bin Abdulaziz, the Governor of Riyadh Region. Avenues Mall is one of N&P’s most significant projects currently underway, encompassing the design and construction of a luxury shopping mall with parking for over 15,000 vehicles, substation buildings, landscaping and external works. 

Nesma Infrastructure & Technology S...
Nesma Infrastructure & Technology Signs MOU with Kloudspot
Feb 2022

NIT signed a memorandum of understanding with Kloudspot for cooperation in the field of AI. The agreement came after the two companies had reached an advanced level of cooperation in the area of seamless internet with the Red Sea Development Company’s “Smart” destination initiative.

Namma International Marine Services...
Namma International Marine Services Co. Welcomes Returning Pilgrims 
Feb 2022

Namma International Marine Services recently welcomed a group of Umrah pilgrims who sailed from Sudan. The pilgrims, the first after a long delay due to COVID-19 were each given a gift bag. In addition, the company hosted local dignitaries on board the ship Aziz providing them with a tour and complimentary lunch.

NIT Receives Huawei Award
NIT Receives Huawei Award
Feb 2022

During Huawei’s special Awards event in Dubai, Nesma Infrastructure and Technology was awarded as the Fastest Growing Partner for the year 2021. Fouad Alsherebi, NIT’s Chairman, received the award from Mr. Eric Yang, Huawei’s CEO in Saudi Arabia.

Nesma Renewable Energy - Leadership...
Nesma Renewable Energy - Leadership in Renewable Energy
Jan 2022

A consortium, including Nesma Renewable Energy (NRE) which is headed by CEO Amaan Lafayette, is in the construction phase of two large renewable energy projects in Saudi Arabia. Both projects are being executed by a joint venture of Masdar, EDF Renewables and Nesma Renewable Energy.

Nearing completion is the Dumat Al Jandal wind farm, the first of its kind in the Kingdom and the largest in the Middle East. This USD $500 million project uses 99 turbines to generate around 400MW of power from the wind. Located in the northern part of the Kingdom, this wind farm has already begun generating electricity and when completed this year, will be able to power 70,000 homes annually, displacing about a million tons of carbon dioxide each year. Under the terms of a 20-year power purchase agreement (PPA), the electricity generated will be purchased by the Saudi Power Procurement Company (SPPC), a subsidiary of the Saudi Electricity Company.

The second project is the South Noor solar PV project located 50km southeast of Jeddah. Using the sun to generate electricity, this 300MW solar field will connect to the main electric grid to power homes and businesses. The consortium has signed a PPA with SPPC, which authorizes the group to finance, design, build and operate the plant for 25 years based on an agreed-upon purchase price for the electricity generated.

This Jeddah solar power plant will utilize the latest technology in the photovoltaic (PV) market, combining bifacial PV modules with mounting structures that use single-axis tracking technology to maximize energy generation by following the sun’s position throughout the day. State-of-the-art robots will also be used to clean the modules. The project is expected to be operational by the end of this year.

Renewable energy projects such as these are sustainable, reduce greenhouse gas emissions and help the country reduce its oil consumption. Per the Kingdom’s Vision 2030, its National Renewable Energy program has a strategic goal to generate 50% of its energy from natural gas and renewable sources by 2030.

Nesma Companies Win Prestigious Mid...
Nesma Companies Win Prestigious Middle East/Africa Awards
Jan 2022

Nesma Water & Energy Wins PFI Award
Project Finance International (PFI) named the Nesma Water & Energy consortium’s Yanbu - 4 project as its “PPP Deal of the Year” for the Middle East & Africa region. The public private partnership project won because of its several innovations. As an independent water project with a 39km transmission pipeline - it is a Saudi first, and at a cost of about $880M USD is a major project. Another innovation is the inclusion of solar energy to provide approximately 20% of the operational power consumption and reduce the plant’s impact on the environment. In addition, it is the first desalination project in the Kingdom to serve both holy cities of Makkah and Madinah with drinking water. Nesma Water & Energy has teamed up with Mowah and Engie on this project.
 
NRE Named in Environmental, Social & Governance Award
PFI awarded its ESG Platform Deal of the Year Award to Saudi’s Renewable Energy Project Development Office round two solar program for the low solar price tariffs it was able to achieve. The program included the Nesma Renewable Energy 300MW solar power project in Jeddah, a public private partnership project (PPP) that is part of a consortium with Masdar and EDFR. PFI noted in its announcement that the price tariffs were some of the most competitive achieved globally.

First Nuclear Plant in KSA
First Nuclear Plant in KSA
Dec 2021

Nesma & Partners signed an MOU with “Bouygues Travaux Publics” at the World Nuclear Exhibition in Paris, France to implement all civil and construction works at the first nuclear power plant in the Kingdom of Saudi Arabia.

The MOU was signed following establishment of a strategic partnership between Nesma & Partners and the nuclear electric power generation company Électricité de France.

Nesma Water & Energy Begins Constru...
Nesma Water & Energy Begins Construction Phase
Dec 2021

NW&E began construction on the Yanbu-4 and the Jubail 3B water projects, both of which are reverse osmosis, desalination projects incorporating solar energy to lower operational costs.

In addition, both consortiums have chosen NW&E CEO Eng. Mahmoud Fallatah as Chairman of the Board. These two unique mega projects illustrate how NW&E is playing a leading role in the vital Saudi water sector

Namat Creations Serve Formula 1, Th...
Namat Creations Serve Formula 1, The Groves
Nov 2021

Namat was chosen to create embroidered caps, T-shirts, vests and masks displaying slogans and logos for the Formula 1 race to be held in December at the new Jeddah Corniche Circuit. In addition, Namat will provide embroidered caps and facemasks for the Groves Zone at Riyadh Season.

Nesma Telecom & Technology Rebrands
Nesma Telecom & Technology Rebrands
Nov 2021

On September 15th 2021, after a couple months’ of brand development workshops, Nesma Telecom & Technology announced that it is changing its name to “Nesma Infrastructure & Technology” (NIT). The logo was inspired by a sky-view of a city grid.

Nesma & Partners: Main Contractor f...
Nesma & Partners: Main Contractor for Avenues Mall, Riyadh
Nov 2021

Nesma & Partners (N&P) signed an agreement with Shomoul Holding Company to be the main
contractor for Phase 1 of The Avenues Mall in Riyadh. Valued at SAR 6.2 billion, The Avenues Riyadh Phase 1 Mall project is expected to produce nearly 40,000 job opportunities in the central region and play a significant role in promoting the Kingdom as a tourist destination while enhancing the retail and services sector.
 
One of the largest commercial malls in the Middle East.

Jollibee Opens New Store
Jollibee Opens New Store
Oct 2021

Jollibee Saudi Arabia has opened a new store, their 13th in the Kingdom, at the Riyadh Gallery Mall. The store inauguration was highlighted by the ribbon cutting ceremony led by the leadership team including Faisal Y. Bamhrez, Tristan San Pedro and Turki Basabrain.

Riyadh Gallery Mall is in the top three malls for foot traffic and is known for big names in the fashion industry making it a go-to for shopping. The Jollibee store is located in the food court and is open from 10:00am to 11:00pm daily.

N&P Publishes First Sustainability...
N&P Publishes First Sustainability Report
Oct 2021

Nesma & Partners has published its first Sustainability Report focusing on its environmental,

social and governance (ESG) performance for 2020, and illustrating how sustainability has

become an integral part of N&P day-to-day business activities.

The report, which Nesma & Partners plans to issue annually, contains comprehensive

proceedings of ESG sustainability efforts throughout the company that align with Saudi Arabia’s

Vision 2030 while complying with national standards of sustainability and the United Nations’

sustainable development goals.

Nesma Vice President Noura Alturki stated that Nesma & Partners has shown leadership in

issuing the first sustainability report in the Nesma Group. She said, “Such reporting is critical to

increase transparency and promote a holistic view of companies - beyond a purely financial

focus. This is why we have made 'sustainability' a core business area within Nesma Rise, in

order to encourage our companies to achieve environmental, social and governance goals as

part of their commitment to responsible business.”

Sarab Flyadeal Event Takes Off
Sarab Flyadeal Event Takes Off
Sep 2021

Sarab Entertainment has concluded its first large-scale corporate event and expects to have
many more in the coming weeks and months. The event was for Flyadeal, the four-year-old,
low-cost subsidiary of Saudia Airlines, and was held to celebrate the arrival of the first three of
approximately 50 Airbus A320Neo aircraft.
The team from Sarab proposed a design idea to captivate and inspire guests with an event
entrance that had the look and feel of an aircraft engine. Saudia and Flyadeal agreed with all
proposed elements of the drawings and designs allowing Sarab to begin work quickly. Sarab
Entertainment lead the production, installation and event operations including provisioning of
all audio and visual effects inside and outside the venue. Although busy airport security and
restrictions created challenges, the event was a success and garnered remarkable media
coverage.
Building on the spirit of cooperation among Nesma subsidiaries, MAWQIFAK was contracted for
valet service.

NT&T Wins NEOM Project
NT&T Wins NEOM Project
Sep 2021

Nesma Telecom & Technology has been awarded an artificial intelligence (AI) project in NEOM,

the visionary city taking shape in northern Saudi Arabia. The AI will serve the Customer Unit

project by providing a digital ambassador virtual assistant, customer service ChatBot and

intelligent conferencing with a real-time translation system including automatic summarization

in both Arabic and English, in addition to remote sensing intelligent twins for satellite and drone

image processing.

This end to end solution will reduce overall costs by boosting efficiency as it offers business

personnel preset industry workflows that speed application development. Customers can get

excellent results after minimal training.

 

NEOM exemplifies Vision 2030 as a futuristic, zero-carbon city intended to draw the brightest

international minds together to drive global innovation.

“Nesma Telecom & Technology is proud to be involved in building the digital infrastructure of

the futuristic city of NEOM commencing with this artificial intelligence project. It offers us an

opportunity to present our skills in innovative technologies.”

CEO, Salah Sami Al-Sunaid

Nesma Co. © 2022

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