Misk awards SAR 1.8 bn contract to Alec Engineering

user icon
NOHA.GAD
calender icon
Feb 1, 2024
article image

Riyadh - Sharikat Mubasher: Saudi Arabia’s Mohammed bin Salman Foundation (Misk Foundation) awarded a contract worth SAR 1.8 billion to the Dubai-based Alec Engineering and Contracting Company to establish a technology center at Prince Mohammed bin Salman Nonprofit City.

The Ilmi Science and Technology Centre will include an educational center that will be built on a total space of 27,000 square meters, according to the Middle East Economic Digest (MEED).

Candian firms WSP and AtkinsRealis are the project consultants.

The center will allow young people to connect with subjects including science, technology, literature, engineering, art, and mathematics.

In 2022, Misk Foundation revealed the Prince Mohammed bin Salman Nonprofit City as the first non-profit city in the world.

The city will host academies, colleges, Misk Schools, a conference center, a science museum, and a creative center offering a space to support the ambitions of innovators in sciences and new-generation technology such as AI, IoT, and robotics.


Share

Related News

Aljadaan: Vision 2030 creates more resilient legislative environment for fintech sector
News
Calendar Icon
September 14, 2026
Aljadaan: Vision 2030 creates more resilient legislative environment for fintech sector
Read More
Foodics launches AI-powered Capital 2.0 at Money20/20 Middle East
News
Calendar Icon
September 14, 2026
Foodics launches AI-powered Capital 2.0 at Money20/20 Middle East
Read More
Mastercard unveils next phase of ‘Built Small. Moving Strong’ to support SMEs
News
Calendar Icon
September 14, 2026
Mastercard unveils next phase of ‘Built Small. Moving Strong’ to support SMEs
Read More
SAL, Huawei partner to develop smart logistics solutions in Saudi Arabia
News
Calendar Icon
September 14, 2026
SAL, Huawei partner to develop smart logistics solutions in Saudi Arabia
Read More
Money20/20 Middle East gathers over 600 investors, 150 startups in Riyadh
News
Calendar Icon
September 14, 2026
Money20/20 Middle East gathers over 600 investors, 150 startups in Riyadh
Read More
Starlinks expands Saudi aviation logistics with Swisslog automation deal
News
Calendar Icon
September 13, 2026
Starlinks expands Saudi aviation logistics with Swisslog automation deal
Read More
Forbes Middle East hosts Healthcare Leaders Summit in Riyadh
News
Calendar Icon
September 13, 2026
Forbes Middle East hosts Healthcare Leaders Summit in Riyadh
Read More
stc group, Astranis partner to launch dedicated Saudi satellite in 2027
News
Calendar Icon
September 13, 2026
stc group, Astranis partner to launch dedicated Saudi satellite in 2027
Read More
Khalifa Fund invites Emirati founders to join NEXUS AI Program
News
Calendar Icon
September 13, 2026
Khalifa Fund invites Emirati founders to join NEXUS AI Program
Read More
AHOY, Lumina Partners sign strategic alliance for Physical AI expansion
News
Calendar Icon
September 10, 2026
AHOY, Lumina Partners sign strategic alliance for Physical AI expansion
Read More