National Water Awards 2.1 Billion Riyals in Projects, SPA Says

National Water Co., a state-owned utility in Saudi Arabia, awarded contracts for 2.1 billion riyals ($560 million) in water-work projects in Riyadh as it seeks to meet rising demand in the capital, the official Saudi Press Agency said, citing Chief Executive Officer Loay al-Mussalam.

The Riyadh-based news service didn’t report which companies had won the contracts.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE