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

SAL, Elm launch CargoGate services to enhance SAL stations' operational efficiency
News
Calendar Icon
September 3, 2026
SAL, Elm launch CargoGate services to enhance SAL stations' operational efficiency
Read More
Snowflake commits $300mn to expand in Saudi Arabia through 2030
News
Calendar Icon
September 3, 2026
Snowflake commits $300mn to expand in Saudi Arabia through 2030
Read More
Axelerated Solutions, BIM Capital to establish SAR 675 mn investment fund
News
Calendar Icon
September 3, 2026
Axelerated Solutions, BIM Capital to establish SAR 675 mn investment fund
Read More
Sukna Capital to launch its second VC fund valued at $100mn
News
Calendar Icon
September 3, 2026
Sukna Capital to launch its second VC fund valued at $100mn
Read More
Saudi non-oil business surges to six-month high as PMI hits 53.8 in August
News
Calendar Icon
September 3, 2026
Saudi non-oil business surges to six-month high as PMI hits 53.8 in August
Read More
Takamol Holding launches ‘Tazamon’ to automate labor market procedures
News
Calendar Icon
September 3, 2026
Takamol Holding launches ‘Tazamon’ to automate labor market procedures
Read More
OmniOps, HPE sign MoU at LEAP 2026 on sovereign AI solutions development
News
Calendar Icon
September 3, 2026
OmniOps, HPE sign MoU at LEAP 2026 on sovereign AI solutions development
Read More
Neo Space Group partners with Arabsat to develop geospatial services across GCC
News
Calendar Icon
September 2, 2026
Neo Space Group partners with Arabsat to develop geospatial services across GCC
Read More
SABIC, Lenovo collaborate to drive industrial innovation
News
Calendar Icon
September 2, 2026
SABIC, Lenovo collaborate to drive industrial innovation
Read More
Mozn inks agreement with National Guard Ministry on AI at LEAP 2026
News
Calendar Icon
September 2, 2026
Mozn inks agreement with National Guard Ministry on AI at LEAP 2026
Read More