Mon. Jun 8th, 2026
Moves to privatise utilities assets in Saudi Arabia and expand
the reach of its networks through increased investment should
create new opportunities for private operators and service
providers. Near-term asset sales The government is gearing up to
sell a state-owned power generation firm and a water desalination
company by the end of this year, according to Mohammed Al Tuwaijri,
the vice-minister for economy and planning, who said each would be
a multi-billion-dollar deal. The privatisation process for these is
“in a very, very advanced…

Moves to privatise utilities assets in Saudi Arabia and expand
the reach of its networks through increased investment should
create new opportunities for private operators and service
providers. Near-term asset sales The government is gearing up to
sell a state-owned power generation firm and a water desalination
company by the end of this year, according to Mohammed Al Tuwaijri,
the vice-minister for economy and planning, who said each would be
a multi-billion-dollar deal. The privatisation process for these is
“in a very, very advanced…

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