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

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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• Construction

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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• Construction

At the Make it in the Emirates forum, ADNOC (UAE) awarded AED543 million ($147.8 million) in contracts to nine ..Read More

At the Make it in the Emirates forum, ADNOC (UAE) awarded AED543 million ($147.8 million) in contracts to nine UAE-based manufacturers, including Al Ghaith Industries and Union Chlorine, for locally made industrial products like PPE, chemicals, valves, and biodiesel. Enabled by its In-Country Value (ICV) programme, these deals aim to boost local manufacturing, reduce import reliance, and create Emirati private-sector jobs. ADNOC plans to locally produce AED90 billion ($24.5 billion) worth of products by 2030.
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• Oil & Gas

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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• Construction

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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• Construction

ADNOC has signed AED6 billion ($1.64 billion) worth of framework agreements with 12 UAE-based companies to loc ..Read More

ADNOC has signed AED6 billion ($1.64 billion) worth of framework agreements with 12 UAE-based companies to locally manufacture pressure vessels and cables, supporting the ‘Make it in the Emirates’ initiative. These long-term deals are expected to create 1,300 skilled private-sector jobs, boost industrial activity across UAE zones, and strengthen supply chain resilience. ADNOC plans to locally procure AED90 billion ($24.5 billion) worth of goods by 2030 as part of its In-Country Value (ICV) program.
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• Oil & Gas

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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• Construction