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

SVC invests in Khwarizmi Venture Capital Fund II
News
Calendar Icon
June 11, 2026
SVC invests in Khwarizmi Venture Capital Fund II
Read More
10 startups join Design in Saudi Arabia with AI program 2026 edition
News
Calendar Icon
June 11, 2026
10 startups join Design in Saudi Arabia with AI program 2026 edition
Read More
Vertiv introduces Rack Extreme to support growing AI infrastructure demands
News
Calendar Icon
June 11, 2026
Vertiv introduces Rack Extreme to support growing AI infrastructure demands
Read More
Saudi Webook.com acquires SmartMove to expand into Europe
News
Calendar Icon
June 10, 2026
Saudi Webook.com acquires SmartMove to expand into Europe
Read More
Salesforce Study: Just 15% of Saudi office workers skeptical of AI
News
Calendar Icon
June 10, 2026
Salesforce Study: Just 15% of Saudi office workers skeptical of AI
Read More
SAL signs air cargo handling agreement with Fly Khiva Group
News
Calendar Icon
June 10, 2026
SAL signs air cargo handling agreement with Fly Khiva Group
Read More
Visa study: 91% of consumers in Saudi Arabia use AI to shop
News
Calendar Icon
June 10, 2026
Visa study: 91% of consumers in Saudi Arabia use AI to shop
Read More
Algebra AI launches its operations after raising $7mn in funds
News
Calendar Icon
June 10, 2026
Algebra AI launches its operations after raising $7mn in funds
Read More
Cority strengthens Saudi presence with new regional headquarters
News
Calendar Icon
June 9, 2026
Cority strengthens Saudi presence with new regional headquarters
Read More
Velents becomes 1st Arab member of Claude Partner Network
News
Calendar Icon
June 8, 2026
Velents becomes 1st Arab member of Claude Partner Network
Read More