Inkan Holding of Saudi Arabia signed a localization deal with South Korea’s LSIS to manufacture 145 kV gas-i ..Read More

Inkan Holding of Saudi Arabia signed a localization deal with South Korea’s LSIS to manufacture 145 kV gas-insulated switchgear (and medium-voltage switchgear), boosting local content under Vision 2030 requirements.
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• Manufacturing

HD Hyundai met with Saudi officials to accelerate the IMI shipyard and Makeen engine plant projects in Jubail, ..Read More

HD Hyundai met with Saudi officials to accelerate the IMI shipyard and Makeen engine plant projects in Jubail, expanding shipbuilding capacity and local supply chains as part of Saudi Arabia’s Vision 2030 maritime growth strategy.
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• Manufacturing

A Saudi-Spanish joint venture, Jolt Green Chemical Industries, signed an agreement to build an advanced electr ..Read More

A Saudi-Spanish joint venture, Jolt Green Chemical Industries, signed an agreement to build an advanced electrode manufacturing plant at King Salman Energy Park, set to produce over 750,000 m²/yr of catalyst-coated electrodes by Q2 2027, supporting Saudi Vision 2030’s green hydrogen localisation.
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• Manufacturing

Oman signed a RO 188 million (≈ USD 488.5 million) agreement with GFCL EV to build a battery chemicals facil ..Read More

Oman signed a RO 188 million (≈ USD 488.5 million) agreement with GFCL EV to build a battery chemicals facility in Salalah Free Zone, to produce LFP, phosphate and carbon materials over 370,000 m² with a phased-capacity up to 100 GWh.
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• Manufacturing

Schlumberger and Petroleum Development Oman (PDO) signed an agreement on September 9, 2025 to establish the fi ..Read More

Schlumberger and Petroleum Development Oman (PDO) signed an agreement on September 9, 2025 to establish the first perforating charges manufacturing facility in the MENA region in Oman, aiming to localize production for oil well completion operations.
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• Manufacturing
• Oil & Gas

Desert Technologies and Alkhorayef Industries signed a strategic deal to enhance smart infrastructure. The par ..Read More

Desert Technologies and Alkhorayef Industries signed a strategic deal to enhance smart infrastructure. The partnership focuses on sustainable and digital solutions.
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• Manufacturing

Sinoma has been awarded a $278 million contract to expand Qassim Cement’s production capacity. The project s ..Read More

Sinoma has been awarded a $278 million contract to expand Qassim Cement’s production capacity. The project supports Saudi’s construction and industrial growth.
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• Manufacturing

Al Yamamah Steel Industries secured SAR 68.6 million in contracts (~USD 18.3 million) to supply steel wind tow ..Read More

Al Yamamah Steel Industries secured SAR 68.6 million in contracts (~USD 18.3 million) to supply steel wind towers for the Waad Al Shamal and Al Ghat wind farms in Saudi Arabia.
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• Manufacturing
• Power