SHARAKAT has honoured winners across nine categories at the fourth edition of the SHARAKAT Awards 2026, recognising projects and partners contributing to the development and sustainability of Saudi Arabia’s water sector.

Held at the Hilton Riyadh under the patronage of Abdulrahman bin Abdulmohsen Al-Fadley, Minister of Environment, Water and Agriculture and Chairman of the Board of Directors, the ceremony celebrated achievements in financing, project delivery, operational excellence, innovation and community impact.

In the Financial Close Excellence categories, Juranah ISWR won the Fastest Financial Close award, while Jubail-Buraidah IWTP received the Best Financing Model award.

Shuaibah 3 Conversion IWP secured the Project Delivery Excellence award for private-sector water desalination, while Madinah 3 ISTP won the award for private-sector water treatment projects.

In operational excellence, Rabigh 3 IWP was recognised for private-sector water desalination, Ras Al-Khair Production System for public-sector water desalination, and Tabuk 2 ISTP for private-sector water treatment.

Taif ISTP received the Innovation and Sustainability Award, while Shuqaiq 3 IWP won the Social and Community Impact award.

The SHARAKAT Awards provide a national platform for recognising outstanding projects, highlighting the role of effective public-private partnerships and encouraging competition based on high standards across the water sector.

Launched in 2022, the awards aim to foster innovation, strengthen partnerships and attract investment while improving the efficiency and sustainability of water projects.

The 2026 edition reinforces these objectives in line with Saudi Vision 2030, which prioritises sustainable development and the continued advancement of the Kingdom’s water sector. -OGN/TradeArabia News Service