Money and business in the Middle East.

Companies

Saudi Water Partnership Company (SWPC)

Saudi Arabia · Water procurement (public-private partnerships) · State-owned · Founded 2003

Saudi Water Partnership Company is a single-member limited liability company set up in 2003 under Resolution 5/23 of the Supreme Economic Council, according to the Ministry of Environment, Water and Agriculture, whose page says the Ministry of Finance owns it fully, that its registered capital is SAR 100 million and that its mission is to ensure adequate water production capacity in a competitive and transparent manner. A GCC Business News report of 13 February 2026 says the Saudi Water Authority unveiled Sharakat as the company's new identity, names Khaled AlQureshi as chief executive, and says the company oversees privately financed projects worth more than SAR 56 billion with contracted capacity above 10 million cubic metres a day of desalinated water. The company does not publish audited financial statements that INXEN has found.

Key facts

No verified figure held yet.

Ownership and relationships

Key people

  • Eng. Khaled Z. AlQureshi · Chief Executive Officer, Saudi Water Partnership Company (Sharakat)

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