Nesma Latest News

Namma Cargo announced the groundbreaking of the SAR 200M iHerb Distribution Center project which it won in partnership with CJ Logistics. Construction is expected to be completed by March 2024, with a soft opening planned for May 2024. Located near King Khaled Internat’l Airport in Riyadh, the project consists of a 29,880 m2 lot to support 15,682 m2 of construction consisting of a main building, utility building and guard house. The team at Namma Cargo have expressed their appreciation for CJ Logistics along with their subsidiary CJ ICM and gratitude for support from the Matarat team and project lead GACA. The project is an important link in the Kingdom’s goal to be a leader in advanced supply chain logistics.

Nesma Infrastructure & Technology (NIT) has won additional projects with the Saudi Electricity Co. to design, build and commission two transmission substations along with the corresponding overhead transmission lines and connection to the grid. The projects, worth around SAR 800M, have a 20-month delivery schedule. The projects are located in a mountainous region of NEOM called Trojena which is anticipated to be a world-class destination offering the Gulf’s only outdoor skiing venue in addition to year-round adventure sports, activities, shopping, dining and entertainment. Trojena’s altitude ranges between 1500 and 2600 meters offering a cooler climate year round. Trojena is part of the Kingdom’s push to create distinctive tourist destinations and international scientific hubs.

Nesma Renewable Energy has achieved a new milestone by successfully bidding, as part of a consortium with EDF Renewables and Abu Dhabi Future Energy Co. (Masdar), in the fourth round of the Ministry of Energy’s renewable energy procurement program. The Nesma-EDF Renewables-Masdar consortium has been announced as the first-place bidder for the 1.1 GW Al Henakiyah solar PV project. The request for proposals came from the Saudi Power Procurement Co. (SPPC) which is the principal buyer for all power generated from independent power producers (IPPs) in the Kingdom of Saudi Arabia.

This photovoltaic project will be constructed in Al Henakiyah, in the Al Madinah Province and has a project value exceeding SAR three billion. The consortium is now entering the financial close phase, following which the two-year construction phase will commence. The solar plant will be operated by the consortium under a 25-year power purchase agreement with SPPC. This project is part of the key Vision 2030 goal to have 50% of the Kingdom’s energy demand met by renewable energy.

Play Cinema is setting the stage to open multiple cinemas throughout the Kingdom. Most recently, the company has signed a memorandum of understanding with Kinan International Real Estate Development Co. to operate 12 cinema auditoriums in Al Dana Mall, Yanbu and Al Alia Mall, Madinah under a 20-year contract. The cinemas will cover a total of 6,000 square meters. An additional six venues have already been secured in various locations, each with five or six auditoriums in a cinema of approximately 2500 square meters. The first Play Cinema, which will have five screens, is expected to open in early 2024 at Amwaj Mall in Al Khobar.

On July 20, 2023, Nesma Infrastructure & Technology (NIT) signed with the Saudi Electricity Company (SEC) several strategic contracts, valued at over SAR one billion, to support various Vision 2030 development projects across the Kingdom including the Diriyah Development, Riyadh Development and the Holy Mosque in Madinah.

The scope of work of the contracts covers the engineering, procurement, construction, testing, commissioning and energization of a high-voltage transmission substation including underground cable works along with the connection to the Saudi national grid.

These lump sum turnkey contracts have an approximate delivery schedule of 16 - 18 months.

ln line with Vision 2030, these contracts aim to increase the SEC’s grid network capacity across the Kingdom in order to enhance the public’s
quality of life.

On August 6, 2023, Nesma Infrastructure & Technology signed with the Saudi Authority for Industrial Cities and Technology Zones (MODON) two new strategic contracts valued at over SAR 200 million, to support the rapid expansion of their industrial cities in Hafar Al-Batin and Khamis Mushait in the Kingdom’s eastern and southern provinces.

The lump sum turnkey contracts include the engineering, procurement, construction, testing, commissioning and energization of the transmission substation along with its connection, through the Saudi Electricity Company, to the national grid. The project is scheduled for delivery in approximately 28 months.

Nesma United Industries’ Technical Systems Division (TSD) will implement multiple, recently-awarded EPC contracts for security systems.

SABIC awarded TSD with three of the contracts covering nine sites at Saudi Kayan, United, GAS Jubail, Al Razi, Ibn Sina, Ibn Zahr, GAS Yanbu, SAB Tank and Yanpet for a total contract value of SAR 445 million.

The scope of work comprises engineering, procurement, construction, testing and commissioning to bring existing security and non-security systems into compliance with HCIS SEC and applicable SAF 2017 directives. The work covers buildings, gatehouses, security control rooms, fences, lights, telecommunication, electrical, access roads and utilities the project kick-off meeting was held on June 19th & 20th at the Movenpick in Al Khobar.

An additional project for TSD came from the Saline Water Conversion Corporation (SWCC).

The HCIS Security Compliance Integrator & Marine Interface Project requires the implementation of an integrated security solution to protect perimeter and inside areas from any hostile intrusion at desalination plants and reservoirs located at Yanbu, Haql, Rabigh, Duba, Omluj, Al Laith, Qunfudhah, Farasan, Al Wajh, Masturah, Rabigh and Thuwal.

This Nesma United Industries (NUI) TSD project valued at SAR 245 million requires engineering, procurement, construction, testing & commissioning to bring existing security facilities including security systems, gatehouses, security control rooms, fences, marine barrier, lights, telecommunication, electrical, access roads and utilities into compliance with HCIS SEC and applicable SAF 2017 directives.

In addition to the SABIC and SWCC projects, NUI TSD has also been awarded information & communication tech/extra low voltage (ICT/ELV) packages for the prestigious Red Sea Amaala projects at the Rosewood Resort & Residences and the Red Sea Marine Life Institute (RSMLI.) The project, valued at SAR 85 million, involves the engineering, procurement, installation, testing, commissioning and handover of a security system, passive & active communication systems, telecommunications, fire detection and alarm systems, public address systems, audio-visual system, guest room management system, intercom systems, building technology systems and a structured cabling system.

Spread over 395,000 square meters, the Rosewood Amaala is a luxury wellness eco-resort offering Red Sea views from its location on the cliffs. RSMLI is a multipurpose facility serving both as a marine research institute focusing on the Red Sea environment and also as a unique tourism destination.

Nesma Security has been awarded a contract to provide security services for assets and roads for the Diriyah Gate company (DG) in Riyadh. The contract is a framework agreement with DG for two years and will require over 600 Saudi security staff professionals at various levels. The project value is expected to exceed SAR 140 million.

Nesma Security has won a site-security operator contract for the Amaala Triple Bay development. The three-year contract, awarded by Red Sea Global, is worth around SAR 30 million and will employ 60 Saudis. Amaala Triple Bay is an ultra luxury wellness spa and development designed for active jetsetters looking for a resort that centers on art, health and meditation.   

Nesma Infrastructure & Technology (NIT) has won two contracts from the Saudi Electricity Company (SEC) for the construction of the Hamdaniyah 110/13.8 kV and the Buhaiyrat 110/13.8kV substations valued at around SAR 230 million. The scope of work for each contract includes the engineering, procurement, construction, commissioning and energization of the high-voltage transmission substation along with its connection to the Saudi national grid on a lump sum turnkey basis with an approximate delivery schedule of 16 months for both contracts. ln line with Vision 2030, these two projects aim to increase the SEC’s grid network capacity in the city of Jeddah under the “SEC’s Network Reinforcement Program for Big Cities” which contributes to improving residents’ quality of life.

The scope of work for this project covers receiving cargo at various ports, customs clearance and delivery to the Riyadh distribution (fulfillment) center for storage, in addition to automated sorting and packing for the final delivery to customers not only within the Kingdom but also within other countries in the GCC and the Middle East. The project, developed under the auspices of GACA, is valued at around SAR 200M for the development, engineering and construction portion and will yield approximately SAR 150M in annual revenue.

Nesma Infrastructure & Technology (NIT) signed a 30-month contract with Saudi Aramco to provide wastewater transfer facilities (WWTF) in Ras Tanura.
The project, valued at around SAR 200 million, includes the upgrade of the existing wastewater facility with the installation of three eight-kilometer-long pipelines from Ras Tanura refinery to the wastewater treatment plant in Rahimah and will greatly improve the wastewater treatment and management system in the entire region.  

Namat CEO Ihab Salem has signed an MOU with Dar Al-Hekma University to implement designs from the
university’s Visual Communication Department. 
This collaboration will further Namat’s aims at expansion. The agreement includes a competition among students of the
Visual Communication Department at the university in order to encourage their participation. The winners will be chosen
based on criteria agreed upon by both Namat and the university and prizes will be awarded. The competition provides
practical training for the students allowing them to hone their skills.

Cup ‘N Cone is going strong having recently opened five new branch locations.
What’s more, Cup ‘N Cone has a special flavor for Ramadan called “Saudi Coffee and Dates.” They also recently launched the new flavors “Toffee Caramel Cheesecake” and “Chocolate Caramelicious.”

Nesma Co. has signed a strategic partnership MOU with a group of companies from Hong Kong to bring sustainable and zero emissions public and cargo transportation solutions to Saudi Arabia. This partnership aims to support the Saudi Vision 2030 and its objective to achieve carbon neutrality in the future. As part of this partnership, hydrogen fuel cell and EV-based public buses, intercity buses, semi-trucks and logistics vans will be designed and manufactured according to the needs of Saudi Arabia initially for NEOM and the Red Sea developments. This initiative will not only promote sustainable transportation but also generate employment opportunities in the region. The signing event occurred in Riyadh at the Investment Forum sponsored by the Ministry of Investment. The MOU was signed by Cliff Zhang, who has a lead role in each of the three Hong Kong companies and Nesma Company Chairman Fouad Alsherebi in the presence of H.E. Khalid Al-Falih, Minister of Investment. This partnership marks an important milestone in the journey towards sustainable development and highlights the commitment of Nesma Co. to supporting the Saudi Vision 2030. Watch for future updates on this exciting partnership and the progress made towards sustainable development for zero emissions in the region.

Last month, Chowking officially opened its fourth branch at Riyadh Gallery Mall with the aim of providing locals in the area with easily accessible and freshly-cooked wok-hei Chinese fast food. The store inauguration was highlighted by the ribbon cutting and giant chao fan box opening led by CEO Faisal Y. Bamhrez and other Chowking executives along with the Riyadh Gallery Mall Manager.

Chowking Middle East’s vision is to dominate the Chinese fast food sector, and with this fourth branch, the goal is to cater to the mainstream market. Sales to Saudi customers represented 40% of the initial transactions. More stores are planned with an eventual roll-out across the Kingdom.

The Riyadh Gallery Mall Chowking is open for dine-in, take-away and delivery from 9:00 am to 11:00 pm daily and is located at #30 in the mall food court.