Nesma Latest News

Nesma Holding has announced that Saleh Al-Turki, President of Nesma Holding, concluded his participation in the 8th meeting of the Investment Advice Council, held today in Istanbul and chaired by Turkish Prime Minister Recep Tayyip Erdo?an. Attendees included the CEOs of 17 international companies from 10 different countries, whose investments globally total approximately 572 billion US Dollars, and who have a combined workforce of around 1.4 million people.

 

This annual forum plays an important role in highlighting Turkey as a key player in international investments, and helps to build the investment environment within the country.

 

In addition to Nesma Holding, the participating companies and organizations were the World Bank, Air Liquide (France), Alstom (France), European Investment Fund, Burgan Bank Group (Kuwait), Citigroup (USA), Eldorado Gold Corporation (Canada), Energy Allied International (USA), E.ON SE (Germany), Hitachi Ltd. (Japan), Huawei Technologies Co. Ltd. (China), Khazanah Nasional Berhad (Malaysia), Medtronic (USA), Sumitomo Rubber Ind. Ltd. (Japan), Thyssenkrupp AG (Germany), VINCI (France), and representatives of various Turkish government bodies such as TIM, YASED, TUSIAD, and TOBB.

Nesma & Partners Contracting Co. Ltd. has announced it has been awarded, in collaboration with its consortium members, a turnkey contract for the construction of a metro project in Riyadh.  

 

The turnkey contract from ArRiyadh Development Authority is for the design, construction and commissioning of a major metro project in Riyadh to be implemented over the next four years at an estimated cost of 5,941.93 million US Dollars. Nesma & Partners will work as a partner of ArRiyadh New Mobility Consortium, which includes Larsen & Toubro, Ansaldo STS, Bombardier Transportation Ltd, Impregilo S.p.A. The extensive metro system construction includes the commissioning of approximately 41 km of driverless train operation that is capable of carrying 5,000 passengers per hour per direction. It involves the construction of bridges, tunnels, elevated and underground stations, depots, roads and CCTV and public announcement systems.

 

Nesma & Partners is an award-winning Saudi company that has become a recognized leader in reliability and innovation for mega projects across the Kingdom in the fields of civil & building, oil & gas, petrochemicals, power and water.

Nesma Holding has announced it is to be the main sponsor the 15th Annual Group Wedding Ceremony. The event will be held at Jeddah’s Exhibition Center and is organized by the Charitable Society for Marriage & Family Guidance in Jeddah. The festive event will celebrate the marriage of more than 1,200 young men and women, and will be attended by His Royal Highness Prince Khalid Al Faisal, Governor of Makkah Region and Honorary President of the Society.

 

A group marriage ceremony is an annual event attended by the participating bridegrooms, their relatives and friends, as well as some prominent figures, including officials, preachers, singers, poets, artists and businessmen.

Nesma Holding has announced it will participate as a “diamond sponsor” of the 10th annual Jeddah Marathon, to be held on Tuesday, Apr. 30, 2013, under the patronage of His Royal Highness Prince Mishaal bin Majed, Governor of Jeddah. 

 

The marathon is organized by the Al Birr Charitable Society in Jeddah, with thousands of participants taking part every year. In addition to promoting a healthy lifestyle for all, the Society uses the proceeds from the event to fund its various community programs.