• Privacy Policy
  • Advertise
  • Contact Us
  • Login
Egy Economy
Advertisement
  • Egy Economy
  • Economy
    • Local
    • International
  • Stock Markets
    • Stock Exchange
    • Cash
  • Prices
  • Real Estate
  • Tech
  • Tourism
  • More
    • Opinions
    • Success Story
    • Variety
  • العربية
No Result
View All Result
  • Egy Economy
  • Economy
    • Local
    • International
  • Stock Markets
    • Stock Exchange
    • Cash
  • Prices
  • Real Estate
  • Tech
  • Tourism
  • More
    • Opinions
    • Success Story
    • Variety
  • العربية
No Result
View All Result
Egy Economy
No Result
View All Result
Home Real Estate

Hassan Allam Construction Saudi Signs *Construction Works Contract for the Primary Coral Nursery

إيجى إيكونومى by إيجى إيكونومى
25 May، 2024
in Real Estate
0
Hassan Allam Construction Saudi Signs *Construction Works Contract for the Primary Coral Nursery
153
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

assan Allam Construction Saudi, alongside King Abdullah University of Science and Technology, is proud to announce the signing of the construction works contract for the Primary Coral Nursery within KAUST Coral Restoration Initiative, the world’s largest coral reef restoration effort in partnership with NEOM, located at Haddah Beach, North of Saudi Arabia.The signing of the construction contract took place in the presence of Mohamed El Dahshoury, Hassan Allam Construction CEO; Tony Chan, KAUST President; Ian Campbell,VP, NTI; Mohamed El Aasar, Managing Director of Hassan Allam Construction Saudi; Mark Gillan, Associate VP, Technologies and Special Projects; Sameh Helal, CHRO at Hassan Allam Holding; Amr Atiah,Director, Special Projects, and various other dignitariesThe scope of work encompasses the construction of the primary coral nursery and external infrastructure works.

Hassan Allam, CEO of Hassan Allam Holding, expressed his enthusiasm on the collaboration, stating, “Our collaboration with KAUST is a true testament to the power of partnership and collective action in addressing the pressing environmental challenges of our time. The KAUST Coral Restoration Initiative is the world’s largest coral restoration effort, as it not only aims to restore and protect marine environments but also serves as a model for sustainable conservation efforts.”

In a statement, Dr. Ian Campbell, KAUST Vice President of the National Transformation Institute (NTI), emphasized the significance of the collaboration, saying, “Today marks a pivotal moment in the journey to build the world’s largest coral reef restoration initative. This ambitious program aims to preserve, restore and enhance 100 hectares of vibrant coral ecosystem in the Red Sea, and serve as a beacon of hope for coral conservation efforts globally. We look forward to completing the construction of the land-based facilities of the project in partnership with Hassan Allam.”
The land-based coral nursery will house around 400 tanks and the latest coral propagation technologies, aiming to preserve, restore, and enhance the Red Sea’s natural coral ecosystems. Starting with a 100-hectare reefscape near Shushah Island, the Initiative aims to restore coral reefs in the region and beyond.
This collaboration marks a significant milestone in Hassan Allam Construction Saudi’s expansion in the region. The company’s commitment to sustainable development and environmental conservation aligns with the goals of the KAUST Coral Restoration Initiative, showcasing its dedication to impactful and socially responsible projects in the Kingdom of Saudi Arabia.

Tags: ConstructionEgy Economy

Related Posts

Wajha Developments expands executive leadership, appointing Mohamed Abdel Fattah as Co-Founder and Managing Director
Real Estate

Wajha Developments expands executive leadership, appointing Mohamed Abdel Fattah as Co-Founder and Managing Director

5 December، 2025
Madinet Masr Inks a Strategic MoU with Qwell to Introduce Integrated Smart Living Models for Senior Citizens
Real Estate

Madinet Masr Inks a Strategic MoU with Qwell to Introduce Integrated Smart Living Models for Senior Citizens

3 December، 2025
Future Real Estate Expo the largest real estate exhibition of 2025 to kick off in Riyadh on December 4th
Real Estate

Future Real Estate Expo the largest real estate exhibition of 2025 to kick off in Riyadh on December 4th

3 December، 2025
Madinet Masr Inks MoU with Group Construction to Accelerate Development in Sarai with Total Investments of EGP 1.2 billion
Real Estate

Madinet Masr Inks MoU with Group Construction to Accelerate Development in Sarai with Total Investments of EGP 1.2 billion

1 December، 2025
Maqam for Urban Development accelerates construction rates at Optima Business Complex at New Capital
Real Estate

Maqam for Urban Development accelerates construction rates at Optima Business Complex at New Capital

1 December، 2025
SUD opens new branch in Riyadh in Saudi Arabia
Real Estate

SUD opens new branch in Riyadh in Saudi Arabia

28 November، 2025
ADVERTISEMENT
No Result
View All Result

Recent Posts

  • Wajha Developments expands executive leadership, appointing Mohamed Abdel Fattah as Co-Founder and Managing Director
  • Egyptian Swiss Group Participates in IAOM 2025, Highlights Grain Trade Challenges and Growth Opportunities for the Coming Year
  • Madinet Masr Inks a Strategic MoU with Qwell to Introduce Integrated Smart Living Models for Senior Citizens
  • Future Real Estate Expo the largest real estate exhibition of 2025 to kick off in Riyadh on December 4th
  • EFG Hermes Reaches Successful Completion of Advisory for Cherry Trading Company’s IPO on the Saudi Exchange (Tadawul)
  • Madinet Masr Inks MoU with Group Construction to Accelerate Development in Sarai with Total Investments of EGP 1.2 billion
  • Maqam for Urban Development accelerates construction rates at Optima Business Complex at New Capital
  • Elano” Organizes Celebration to Support Child Burn Survivors at Ahl Masr Foundation
  • SUD opens new branch in Riyadh in Saudi Arabia
  • Qurtuba announced its strategy for 2026..and plans to expand marketing abroad
  • URD Developments Launches “Ladera Red Sea”… A New Coastal Destination in Ras Sedr
  • Launch “Elite Life” for Asset and Residential Community Management in Egypt
  • Bosta and Tactful AI Form Strategic Partnership to Elevate Customer Experience Across the Region
  • Career Fortuneteller Steals the Spotlight at Deep Tech Careers Hub 2025 
  • C Developments launches new phases in “CRCL” and “AJAN” Projects
  • Salam partners with FAME Academies to bring the Real Madrid Foundation’s Educational Football Program to its communities.
  • Standard Chartered: “Egypt Recognised as a High Potential Market in Global Digital Trade Readiness”
  • Tanmeyah Announces Strategic Partnership with Vlens to Accelerate Digital Transformation and Enable Full Customer Digital Onboarding
  • EFG Hermes Concludes Advisory on EFG Corp-Solutions’ Fourth Securitization Issuance Worth EGP 3.82 Billion
  • BINBAZ Developments unveils WestVille, marking its debut in real estate market

      Egy Economy

      © 2023 - إيجى إيكونومى.. بوابة إلكترونية متخصصة فى تغطية أخبار البيزنس والاقتصاد فى مصر والعالم العربى.

      روابط هامة

      • Egy Economy
      • Privacy Policy
      • Advertise
      • Contact Us

      تابعنا

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      No Result
      View All Result
      • Egy Economy
      • Economy
        • Local
        • International
      • Stock Markets
        • Stock Exchange
        • Cash
      • Prices
      • Real Estate
      • Tech
      • Tourism
      • More
        • Opinions
        • Success Story
        • Variety
      • العربية

      © 2023 - إيجى إيكونومى.. بوابة إلكترونية متخصصة فى تغطية أخبار البيزنس والاقتصاد فى مصر والعالم العربى.

      -
      00:00
      00:00

      Queue

      Update Required Flash plugin
      -
      00:00
      00:00