Matarat Holding signed an MoU with Thales at the Passenger Terminal Expo in Madrid to drive digital transforma ..Read More

Matarat Holding signed an MoU with Thales at the Passenger Terminal Expo in Madrid to drive digital transformation across 27 Saudi airports. The partnership aims to enhance passenger experience and operational efficiency using Thales's expertise in AI, biometrics, cybersecurity, and automation. This strategic collaboration aligns with Saudi Arabia’s Vision 2030 to establish a smart, secure aviation ecosystem.
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• Transport

Hyundai Motor Manufacturing Middle East (HMMME), a joint venture between Saudi Arabia’s PIF (70%) and South ..Read More

Hyundai Motor Manufacturing Middle East (HMMME), a joint venture between Saudi Arabia’s PIF (70%) and South Korea’s Hyundai (30%), held its groundbreaking ceremony in the King Salman Automotive Cluster at KAEC. The facility—Hyundai’s first in the Middle East—aims to produce 50,000 ICE and EV vehicles annually starting Q4 2026, creating thousands of jobs and supporting Vision 2030 goals. The plant will enhance local capabilities, drive industrial growth, and accelerate Saudi Arabia’s position in the global automotive sector.
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• Manufacturing
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AD Ports Group (UAE) and Egypt’s SCZONE signed a 50-year renewable usufruct agreement to develop a 20 km² i ..Read More

AD Ports Group (UAE) and Egypt’s SCZONE signed a 50-year renewable usufruct agreement to develop a 20 km² industrial and logistics park near Port Said, named KEZAD East Port Said. Phase 1, covering 2.8 km², will begin construction by end-2025 with a $120 million investment. The partnership includes Hassan Allam Holding and aims to transform the area into a global trade hub. AD Ports Group has also invested in multiple logistics, terminal, and cruise projects across Egypt since 2022.
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• Transport

Egis has partnered with the Ministry of Transport of Qatar to develop the Qatar Public Transport Master Plan ( ..Read More

Egis has partnered with the Ministry of Transport of Qatar to develop the Qatar Public Transport Master Plan (QPTMP), a 30-month project aimed at transforming the nation’s transportation system. The plan will address urban growth, congestion, and environmental impact, providing actionable frameworks for planning, design, and implementation. It will also promote sustainability by reducing carbon emissions and supporting healthier lifestyles.
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SOHAR Port and Freezone in Oman is investing USD $23 million in expanding its freezone area to meet growing de ..Read More

SOHAR Port and Freezone in Oman is investing USD $23 million in expanding its freezone area to meet growing demand, covering 500 hectares of leasable land with extensive infrastructure, including roads, flood protection, and a security fence. The expansion is supported by the new Law of Special Economic Zones and Free Zones, making Oman more competitive for foreign investment. The project aligns with Oman’s Vision 2040 and aims to foster economic growth, attract global investments, and boost industrial and logistical capabilities.
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• Transport

Aramco and BYD have signed a Joint Development Agreement to collaborate on new energy vehicle technologies, fo ..Read More

Aramco and BYD have signed a Joint Development Agreement to collaborate on new energy vehicle technologies, focusing on efficiency and environmental performance. The partnership combines Aramco's research in energy solutions with BYD's expertise in new energy vehicles, aiming to create breakthroughs in transport efficiency and reduce carbon footprints. This collaboration supports global climate goals and fosters innovation in energy transition technologies.
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• Transport

PROYAPI Engineering and Consultancy Inc. has signed a contract with the Ministry of Public Works of Kuwait for ..Read More

PROYAPI Engineering and Consultancy Inc. has signed a contract with the Ministry of Public Works of Kuwait for the first phase of the Kuwait Railway Project, part of the GCC Railway Project. The agreement covers engineering and consultancy services for the 111-kilometer phase, which will connect Shadadiyah to Nuwaiseeb on Kuwait’s southern border. The project aims to enhance Kuwait’s transportation infrastructure and strengthens technical cooperation between Türkiye and Kuwait. The signing ceremony was attended by key dignitaries from both countries.
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• Transport

AD Ports Group has signed a 10-year lease agreement with TW Steel to provide innovative containerized fabricat ..Read More

AD Ports Group has signed a 10-year lease agreement with TW Steel to provide innovative containerized fabrication solutions and container maintenance services at Khalifa Port. The collaboration will offer sustainable, energy-efficient solutions tailored to shipping lines and container operators, reducing container downtime and enhancing operational efficiency. The agreement supports Khalifa Port's growth as a major logistics hub, reinforcing its commitment to sustainability and world-class facilities.
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• Transport