Modon Holding P.S.C (UAE) and Elsewedy Industrial Development (Egypt) signed an LOI to develop a 10 million sq ..Read More

Modon Holding P.S.C (UAE) and Elsewedy Industrial Development (Egypt) signed an LOI to develop a 10 million sqm industrial zone for the Ras El Hekma megaproject in Egypt. The zone will focus on attracting manufacturers of sustainable building materials, strengthening supply chains, and driving industrial growth. Anchor partners include Elsewedy Electric, 3S Ready Mix Concrete, RAK Ceramics, and Hitech Concrete. Projected to generate 20,000+ jobs and boost Egypt’s GDP, the zone will enhance Egypt’s trade position and Ras El Hekma’s vision as a globally competitive hub.
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Alghanim Industries has broken ground on a new 256,000 sqm Kirby Building Systems facility in Sudair Industria ..Read More

Alghanim Industries has broken ground on a new 256,000 sqm Kirby Building Systems facility in Sudair Industrial City, Saudi Arabia, with an annual production capacity of 100,000 metric tons each of structural steel and PEB. This investment supports Vision 2030 by boosting Saudi Arabia’s export capabilities and positioning the Kingdom as a global hub for high-quality steel structures. The facility will create local employment, enhance expertise in steel fabrication, and supply international markets across the GCC, Africa, India, and Southeast Asia.
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TrinaTracker, a subsidiary of Trinasolar, is establishing a 3GW solar tracker manufacturing facility in Jeddah ..Read More

TrinaTracker, a subsidiary of Trinasolar, is establishing a 3GW solar tracker manufacturing facility in Jeddah’s 3rd Industrial City, set to begin operations in Q1 2025. The factory, part of a land-lease agreement with MODON, supports Saudi Vision 2030 by boosting local renewable energy capabilities, creating jobs, and enhancing energy sustainability. The zero-emission facility will produce Vanguard solar trackers optimized for the region’s climate and improve delivery efficiency and service for MEA clients. This initiative strengthens TrinaTracker’s global footprint while advancing the region’s clean energy transition.
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Alat and Lenovo have broken ground on a new manufacturing hub in Riyadh, Saudi Arabia, with a $2 billion inves ..Read More

Alat and Lenovo have broken ground on a new manufacturing hub in Riyadh, Saudi Arabia, with a $2 billion investment to produce “Saudi Made” laptops, desktops, and servers at a 200,000 sqm site in the Special Integrated Logistics Zone (SILZ), starting production in 2026. This initiative aligns with Saudi Arabia’s Vision 2030, creating up to 15,000 direct and 45,000 indirect jobs, contributing $10 billion to non-oil GDP by 2030. Lenovo will also establish a regional headquarters in Riyadh and expand its R&D and marketing presence across the MEA region, enhancing supply chain resilience and supporting regional growth.
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L&T’s Minerals & Metals (M&M) business will establish a Pellet Plant and a Direct Reduction of Iron (DRI) Pl ..Read More

L&T’s Minerals & Metals (M&M) business will establish a Pellet Plant and a Direct Reduction of Iron (DRI) Plant for a leading steel producer in the MENA region, as part of a major order aligned with global decarbonization efforts. The project includes design, engineering, supply, erection, and construction using globally recognized technologies. This reinforces M&M’s leadership in executing complex steel plant projects in the MENA region, ensuring quality, safety, and timely completion.
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Vale has signed a land reservation agreement with Saudi Arabia’s Royal Commission of Jubail and Yanbu to est ..Read More

Vale has signed a land reservation agreement with Saudi Arabia’s Royal Commission of Jubail and Yanbu to establish a Mega Hub at Ras Al-Khair Industrial City for green-steel production. The hub, developed in two phases, will produce up to 12 million tons of cold-briquetted iron ore (CBI) annually, supporting net-zero steelmaking. Part of Vale’s broader strategy, the project aligns with Saudi Vision 2030, leveraging the Kingdom’s resources and strategic location to drive industrial growth and sustainability.
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NMDC Energy PJSC has inaugurated a state-of-the-art fabrication yard in Ras Al Khair, Saudi Arabia, marking a ..Read More

NMDC Energy PJSC has inaugurated a state-of-the-art fabrication yard in Ras Al Khair, Saudi Arabia, marking a key step in its regional and global expansion. The yard, which has a production capacity of 40,000 tonnes per year, is equipped with advanced automation and digitalization features. It will support offshore facilities fabrication and onshore modularization. With an investment of AED 200 million, the yard is designed to enhance efficiency, safety, and environmental sustainability, contributing to Saudi Arabia's economic growth and supporting its industrial priorities.
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SAMSUNG E&A has signed a Memorandum of Understanding (MoU) with Aramco to establish a manufacturing hub in Sau ..Read More

SAMSUNG E&A has signed a Memorandum of Understanding (MoU) with Aramco to establish a manufacturing hub in Saudi Arabia, aiming to expand automation technologies and boost production capacity. The MoU was signed at the iktva Forum & Exhibition 2025, where SAMSUNG E&A also showcased its advanced digital solutions and highlighted its commitment to innovation with strategies like Integrate AHEAD and AWP for enhanced EPC execution.
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• Manufacturing