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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Government Initiatives

Read about all the government initiatives in MENA region

Saudi Arabia

  •  May 28, 2025

Under the patronage of Saudi royals, ROSHN Group, a PIF-backed real estate developer, has broken ground on ALD ..Read More

Under the patronage of Saudi royals, ROSHN Group, a PIF-backed real estate developer, has broken ground on ALDANAH, its first fully integrated residential community in Dhahran. Spanning 1.7 million sqm, the project will feature over 2,000 residential units, nine floor plans, and extensive amenities including green spaces, mosques, schools, and retail areas. Located near major landmarks, ALDANAH aligns with Vision 2030 goals to boost homeownership and quality of life in the Eastern Region.
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Egypt

  •  May 27, 2025

Doosan Enerbility, South Korea, has signed contracts worth KRW 340 billion (USD 247.5 million) to supply steam ..Read More

Doosan Enerbility, South Korea, has signed contracts worth KRW 340 billion (USD 247.5 million) to supply steam turbines and generators for Saudi Arabia's Ghazlan 2 and Hajar Expansion gas-fired power plants, each with a capacity of ~2,900 MW. The contracts were awarded by a joint EPC consortium of Spain's Técnicas Reunidas and Egypt's Orascom. Completion is expected by 2028, with Doosan providing four turbines (2x650 MW, 2x540 MW). The deal boosts Doosan’s presence in the Middle East power sector.
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Egypt

  •  May 27, 2025

Doosan Enerbility (South Korea) has signed contracts worth USD 247.5 million to supply four steam turbines and ..Read More

Doosan Enerbility (South Korea) has signed contracts worth USD 247.5 million to supply four steam turbines and generators for the Ghazlan 2 and Hajar gas-fired power plant expansions in eastern Saudi Arabia, each with a capacity of approx. 2,900 MW. The deals were signed with EPC consortium partners Técnicas Reunidas (Spain) and Orascom Construction (Egypt), with phased completion expected by 2028. Doosan now holds a 33.1% global market share in ultra-large steam turbines for combined cycle plants.
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Kuwait

  •  May 27, 2025

TK Elevator (TKE) has secured a major contract for Kuwait International Airport (KWI) Package No. 3, covering ..Read More

TK Elevator (TKE) has secured a major contract for Kuwait International Airport (KWI) Package No. 3, covering 55 custom-designed Passenger Boarding Bridges (PBBs), along with a 2-year maintenance contract. The bridges will support the under-construction Terminal 2, designed by Foster + Partners and executed by Limak Insaat, set to boost KWI’s capacity to 25 million passengers annually. TKE’s solutions aim to enhance operational efficiency and elevate the passenger experience, reinforcing its strong presence in the region.
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UAE

  •  May 27, 2025

Wood has secured a contract from TA’ZIZ, UAE to provide project management consultancy (PMC) for the UAE’s ..Read More

Wood has secured a contract from TA’ZIZ, UAE to provide project management consultancy (PMC) for the UAE’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi. Scheduled for completion by 2028, the plant will produce 1.8 million tonnes of methanol annually and utilize cutting-edge clean energy technologies to ensure high energy efficiency. Around 40 Wood consultants will collaborate with TA’ZIZ’s EPC contractor, highlighting Wood’s expertise in large-scale downstream chemical projects in the Middle East.
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Saudi Arabia

  •  May 27, 2025

ARDARA and Sumou Holding have signed an MoU to jointly develop mixed-use urban communities in future phases of ..Read More

ARDARA and Sumou Holding have signed an MoU to jointly develop mixed-use urban communities in future phases of AlWadi, a 2.5 million sqm sustainable development in Aseer, Saudi Arabia. AlWadi will dedicate over 30% of its area to green spaces, feature 16 km of waterfront, 17 km of sport trails, and five distinct districts. Phase one, to be delivered in three years, includes 2,000 residential units, luxury hotels, and commercial and business spaces.
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Saudi Arabia

  •  May 27, 2025

Rua Al Madinah Holding, a PIF company, signed a masterplan design contract with DLR Group Middle East for the ..Read More

Rua Al Madinah Holding, a PIF company, signed a masterplan design contract with DLR Group Middle East for the Dar Al Hijra project in Madinah, Saudi Arabia. Spanning nearly 1 million sqm, the mixed-use urban development will include residential units, commercial spaces, educational institutions, and healthcare facilities. The project aligns with Saudi Vision 2030 and has already seen over 50% progress on ongoing constructions covering 168,000 sqm. Rua Al Madinah was also awarded the Local Content Excellence Award for mega projects.
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Saudi Arabia

  •  May 27, 2025

Egis has been appointed as the Package Administration and Supervision Consultant (PASC) for Phase 1 infrastruc ..Read More

Egis has been appointed as the Package Administration and Supervision Consultant (PASC) for Phase 1 infrastructure works at Riyadh Integrated, a key logistics hub near King Khalid International Airport, operated by SILZ Company. The scope includes roads, utilities, landscaping, and utility buildings, aligning with Saudi Vision 2030 to position the Kingdom as a global logistics leader. Egis will ensure long-term scalability and sustainable infrastructure delivery.
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