ACWA Power has announced the strengthening of its senior leadership team with the appointment of a seasoned top executive to the newly created position of MD reporting to the board of directors.
Thamer Al-Sharhan has served as president and CEO of Marafiq, the company that delivers utility services at the two giant industrial cities of Jubail and Yanbu, since September 2006.
He will bring his energy, enthusiasm, and invaluable experience to add strength and depth to the leadership team at ACWA Power.
Thamer’s “unblemished” track record covers 30 years’ experience in the industrial and utility sectors and was earned at SABIC and its affiliates, Saudi Petrochemical Company (SADAF), SABIC Terminal Services Co. (SabTank), Arabian Petrochemical Company (Petrokemya).
Al-Thamer will contribute to ACWA Power by consolidating its position as a market leader in its chosen sector in the countries it has elected to operate.
Mohammad Abunayyan, chairman of ACWA Power, said: “ACWA Power is proud to have attracted such a distinguished executive as Thamer whose well proven capability and professionalism and unwavering commitment to excellence will significantly increase the bench strength of the leadership team at ACWA Power.”
ACWA Power is a developer, investor, co-owner and operator of power generation and desalinated water production plants of contracted capacity of 14,800 MW of electricity and 2.37 million m3/day of desalinated water with an investment value in excess of $19 billion and providing employment to more than 2,300 people.
The company, incorporated in the Kingdom, with a paid-up of $1.4 billion is owned by eight Saudi private Conglomerates and by Sanabil, the investment arm of PIF, the sovereign wealth find of Saudi Arabia and by the Public Pensions Agency.
ACWA Power’s core business is the delivery of electricity and desalinated water by operating assets in which the company has a meaningful level of investment to exercise operational control.
Thamer Al-Sharhan joins ACWA Power leadership team
Thamer Al-Sharhan joins ACWA Power leadership team
Dammam Airports partners with KaarTech to transform IT services
Dammam Airports, a key player in Saudi Arabia’s aviation sector, has partnered with KaarTech to deliver end-to-end IT managed services across its airport network in the Eastern Province.
This milestone advances Saudi Arabia’s Vision 2030 and strengthens Dammam Airports’ commitment to delivering world-class travel experiences. The collaboration was inaugurated through an official signing ceremony attended by Mohammed Al-Hassany, CEO of Dammam Airports, and Shahinsha Abdul Basheer, CEO of KaarTech, signifying a shared commitment to shaping the future of Saudi Arabia’s aviation through innovation and intelligent technology.
Recognized as one of the world’s largest airports by land area, Dammam Airports connects more than 12 million passengers each year and plays a vital role in strengthening the Kingdom’s aviation growth. With this partnership, the company is set to transform its IT landscape into a secure, scalable, and intelligent environment that supports the complexities of modern airport operations.
KaarTech will manage the complete IT landscape across three airports, covering infrastructure, cloud, and network operations, along with 24/7 service management. This engagement also includes comprehensive application support beyond SAP, enriched with automation, proactive governance, and predictive intelligence. KaarTech will enable Dammam Airports to achieve resilience, efficiency, and long-term scalability through a comprehensive AI governance approach that embeds transparency, accountability, and innovation into every layer of IT operations, positioning the company as a trusted driver of aviation modernization.
This partnership aims to transform IT from a back-end function into an AI-enabled strategic driver of business performance and passenger experience. From ensuring business continuity and strengthening operational reliability to enabling connected, insight-driven airport services, the collaboration reflects a shared commitment to data-driven, intelligent, and sustainable aviation.
Through this engagement, KaarTech reaffirms its position as a trusted partner in AI-led enterprise transformation, delivering deep expertise in managing complex technology ecosystems with intelligence and precision. For Dammam Airports, the partnership represents a decisive step in aligning operational excellence with the national vision for innovation, digital connectivity, and long-term growth.
Together, the two organizations will drive smarter airport operations and deliver sustainable value for the Kingdom’s growing aviation ecosystem.
