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

Saudi Ministry of Commerce issues 192K registers in 8M
News
Calendar Icon
September 23, 2026
Saudi Ministry of Commerce issues 192K registers in 8M
Read More
JLL: Riyadh smart technologies could generate billions in economic value
News
Calendar Icon
September 23, 2026
JLL: Riyadh smart technologies could generate billions in economic value
Read More
BlackRock: Saudi Arabia leads Middle East private capital activity
News
Calendar Icon
September 23, 2026
BlackRock: Saudi Arabia leads Middle East private capital activity
Read More
AJi Group expands presence in Kingdom with new facilities management arm
News
Calendar Icon
September 22, 2026
AJi Group expands presence in Kingdom with new facilities management arm
Read More
Visa expands access to its Visa Direct ecosystem across Saudi Arabia
News
Calendar Icon
September 22, 2026
Visa expands access to its Visa Direct ecosystem across Saudi Arabia
Read More
ROSHN, TMG Saudi plan joint venture for Riyadh mixed-use development
News
Calendar Icon
September 21, 2026
ROSHN, TMG Saudi plan joint venture for Riyadh mixed-use development
Read More
UAE’s AI Office, Dell Technologies partner to scale agentic AI capabilities
News
Calendar Icon
September 21, 2026
UAE’s AI Office, Dell Technologies partner to scale agentic AI capabilities
Read More
ahlibank launches SME Academy to support Oman’s entrepreneurs
News
Calendar Icon
September 21, 2026
ahlibank launches SME Academy to support Oman’s entrepreneurs
Read More
TalMal secures undisclosed pre-seed funding from MM Partners
News
Calendar Icon
September 20, 2026
TalMal secures undisclosed pre-seed funding from MM Partners
Read More
Yasmina partners with Qoyod to facilitate SMEs' insurance experience
News
Calendar Icon
September 20, 2026
Yasmina partners with Qoyod to facilitate SMEs' insurance experience
Read More