Sumou Real Estate Company has signed a SAR 680 million development agreement with Saudi Arabia’s National Ho ..Read More

Sumou Real Estate Company has signed a SAR 680 million development agreement with Saudi Arabia’s National Housing Company to build villas as part of the Areem Makkah project within the Makkah Gate development. The project will span 231,637.22 m² in area O2 and be completed over 42 months. Strategically located near the road from Jeddah to Makkah, Makkah Gate offers a full-service residential community just 30 minutes from the Holy Mosque, featuring integrated amenities and green spaces to enhance quality of life.
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G42, OpenAI, Oracle, NVIDIA, SoftBank, and Cisco have partnered to launch Stargate UAE, a 1-gigawatt AI comput ..Read More

G42, OpenAI, Oracle, NVIDIA, SoftBank, and Cisco have partnered to launch Stargate UAE, a 1-gigawatt AI compute cluster located in the 5-gigawatt UAE–U.S. AI Campus in Abu Dhabi, making it the largest AI infrastructure deployment outside the U.S. The facility, expected to go live in 2026, will be powered by nuclear, solar, and natural gas, and feature NVIDIA’s Grace Blackwell GB300 systems, secure infrastructure by Cisco, and Oracle’s AI-optimized cloud. This initiative supports the U.S.–UAE AI Acceleration Partnership, promoting responsible AI, digital sovereignty, and economic growth.
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ROSHN Group, a PIF-backed real estate developer in Saudi Arabia, has been named the Kingdom’s most valuable ..Read More

ROSHN Group, a PIF-backed real estate developer in Saudi Arabia, has been named the Kingdom’s most valuable real estate brand by Brand Finance, with a valuation exceeding $1 billion—achieved in under five years. It now ranks third regionally and among the top twenty brands across all sectors in Saudi Arabia. ROSHN’s rapid growth, sector expansion (education, sports, healthcare), and role in building FIFA 2034 stadiums reflect its alignment with Saudi Vision 2030 and rising global stature.
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NMDC LTS, a logistics and technical services arm of NMDC Group, signed an MoU with China-based Jiangsu Huaying ..Read More

NMDC LTS, a logistics and technical services arm of NMDC Group, signed an MoU with China-based Jiangsu Huaying Valves Co. Ltd at the Make it in the Emirates (MIITE) forum to explore a joint venture for a valve assembly and distribution facility in the UAE, targeting the energy sector. The collaboration leverages NMDC’s regional expertise and aligns with UAE’s industrial growth goals, with NMDC also active in Saudi Arabia, Oman, Taiwan, and Vietnam.
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Aldar, UAE, will be the first developer in the MENA region to use hydrogen-based steel rebar supplied by EMSTE ..Read More

Aldar, UAE, will be the first developer in the MENA region to use hydrogen-based steel rebar supplied by EMSTEEL Group for Abu Dhabi’s first net zero carbon mosque in Sustainable City Yas Island, aiming for LEED Zero Carbon certification. This partnership supports sustainable construction by reducing steel production emissions by up to 95% and aligns with the UAE’s National In-Country Value (ICV) program. The initiative was launched at Make It In The Emirates 2025, emphasizing innovation and industrial transition.
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DataVolt, a Saudi Arabian data center firm, signed a $20 billion multi-year partnership with U.S.-based Superm ..Read More

DataVolt, a Saudi Arabian data center firm, signed a $20 billion multi-year partnership with U.S.-based Supermicro to deliver advanced GPU platforms and rack systems for hyperscale AI campuses in Saudi Arabia and the U.S. The collaboration supports green energy goals using gigawatt-class renewable and hydrogen power, while securing a U.S.-made supply chain for AI infrastructure. This move aligns with Saudi Arabia’s ambition to become a global tech hub.
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Investcorp’s infrastructure platform, through its joint venture AIIP with Aberdeen plc, will invest in a $55 ..Read More

Investcorp’s infrastructure platform, through its joint venture AIIP with Aberdeen plc, will invest in a $550 million marine infrastructure project at the Port of Duqm, Oman, alongside CAP INFRA (Port of Duqm Company, DEME Group, and Port of Antwerp Bruges). This marks AIIP’s fourth investment, supporting a green steel plant within Duqm’s Special Economic Zone. The project aligns with Oman’s Vision 2040 and was secured through a competitive bidding process.
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AECOM will continue its partnership with Saudi Arabia’s Ministry of Sport to provide site supervision consul ..Read More

AECOM will continue its partnership with Saudi Arabia’s Ministry of Sport to provide site supervision consultancy for the transformation of King Fahd Sport City in Riyadh, ahead of the AFC Asian Cup 2027 and the 2034 FIFA World Cup™. The project aligns with Saudi Vision 2030, aiming to enhance sports infrastructure and economic growth. AECOM Hunt, with experience from global sports venues like SoFi and Mercedes Benz Stadium, will play a key role in the upgrade.
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