Saudi Entertainment Ventures (SEVEN), part of Qiddiya Investment Company (PIF), has partnered with TAWAL to de ..Read More

Saudi Entertainment Ventures (SEVEN), part of Qiddiya Investment Company (PIF), has partnered with TAWAL to develop advanced digital infrastructure across SEVEN’s 21 entertainment destinations in 14 Saudi cities, with investments exceeding SAR 50 billion. Announced at the LEAP Conference, the partnership will establish neutral telecom infrastructure, enhancing 4G/5G networks, IoT, and digital services for seamless visitor experiences. TAWAL, with over 21,000 telecom towers globally, will design, manage, and maintain the infrastructure to meet the highest industry standards.
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• Tourism

VA TECH WABAG secured a $371 million EPC contract from Al Haer Environmental Services for a 200 MLD Independen ..Read More

VA TECH WABAG secured a $371 million EPC contract from Al Haer Environmental Services for a 200 MLD Independent Sewage Treatment Plant (ISTP) in Saudi Arabia, part of Vision 2030. The project is developed by a Miahona-led consortium for Saudi Water Partnership Company (SWPC), with WABAG as the technology partner and MGC handling pipelines and reservoirs. WABAG also won a 20 MLD Industrial Wastewater Treatment Plant (IWWTP) at Ras Tanura Refinery, reinforcing its strong presence in the Middle East.
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• Water

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, announced the list of 90 c ..Read More

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, announced the list of 90 companies (46 local, 44 international) that submitted Expressions of Interest for the Taif International Airport project. The new airport, located 21 km southeast of the existing facility, will handle 2.5 million passengers by 2030. The project, aligned with Saudi Vision 2030 to boost the aviation sector, will follow a Build-Transfer-Operate (BTO) model with a 30-year contract duration.
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• Construction
• Transport

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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• Manufacturing

Oman Electricity Transmission Company (OETC) has broken ground on the Masirah Island interconnection project, ..Read More

Oman Electricity Transmission Company (OETC) has broken ground on the Masirah Island interconnection project, a RO 72 million initiative to enhance electricity transmission and sustainability. The project includes a 132/33 kV Masirah Grid Station, a 25 km subsea cable, 9 km underground cable, and 60 km overhead lines linking Masirah to Mahout. It will reduce carbon emissions by 80,000 tons annually by replacing diesel-based generation, ensuring efficient, cost-effective, and sustainable power. The project supports Oman’s Net-Zero 2050 goal, strengthens infrastructure, and boosts future investments.
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• Power

Saudi Electricity Company (SEC) signed an MoU with Hitachi Energy to adopt SF6-free electrical switches and ci ..Read More

Saudi Electricity Company (SEC) signed an MoU with Hitachi Energy to adopt SF6-free electrical switches and circuit breakers, reducing greenhouse gas emissions. The agreement, signed in Riyadh, aligns with Saudi Arabia’s clean energy transition, offering environmentally friendly alternatives for high- and medium-voltage equipment while maintaining performance and safety. This collaboration supports SEC’s efforts to develop sustainable infrastructure and minimize the environmental impact of energy systems.
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• Power

SWPC announced the financial close of the Al-Haer Independent Sewage Treatment Plant (ISTP) project in Riyadh, ..Read More

SWPC announced the financial close of the Al-Haer Independent Sewage Treatment Plant (ISTP) project in Riyadh, valued at SAR 1.8 billion. Developed by a Miahona, BESIX, and Marafiq consortium under the BOOT model, the 200,000 m³/day plant includes a 32 km transmission system, pumping station, and 200,000 m³ storage tanks. The project supports Saudi Arabia’s environmental goals, with commercial operations starting in Q4 2026 under a 25-year agreement.
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• Finance
• Water

Hafeet Rail, the Oman-UAE railway project, has awarded contracts to Larson & Toubro (L&T) and Power China for ..Read More

Hafeet Rail, the Oman-UAE railway project, has awarded contracts to Larson & Toubro (L&T) and Power China for constructing advanced railway logistics facilities in Al Buraimi and Sohar, and to China Railway Rolling Stock Corporation (CRRC) for supplying high-performance freight wagons. These facilities will enhance cargo efficiency, multimodal connectivity, and include provisions for locomotive and wagon maintenance. The project strengthens regional trade competitiveness, unlocks new trade routes, and positions Oman and the UAE as key logistics hubs, aligning with national economic priorities and ensuring long-term operational sustainability.
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• Construction
• Transport