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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

  •  June 01, 2025

Johnson Controls Arabia has inaugurated the Kingdom’s largest 600‑ton YORK air‑cooled chiller production ..Read More

Johnson Controls Arabia has inaugurated the Kingdom’s largest 600‑ton YORK air‑cooled chiller production line and Saudi Arabia’s first AHRI-certified testing lab in Jeddah’s KAEC, boosting local manufacturing and HVAC innovation aligned with Vision 2030
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Saudi Arabia

  •  June 01, 2025

iriyah Company and Kakao Mobility have partnered to introduce smart parking and digital mobility solutions at ..Read More

iriyah Company and Kakao Mobility have partnered to introduce smart parking and digital mobility solutions at Diriyah’s first development phase. The collaboration supports Saudi Vision 2030 and aims to serve 50 million annual visitors with seamless transport.
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UAE

  •  June 01, 2025

Gridora, backed by ADQ, IHC, and Modon, has signed a landmark AED 35 billion MoU with Abu Dhabi Projects and I ..Read More

Gridora, backed by ADQ, IHC, and Modon, has signed a landmark AED 35 billion MoU with Abu Dhabi Projects and Infrastructure Centre (ADPIC) to accelerate transport infrastructure development, including new pilot projects in the emirate.
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Kuwait

  •  June 01, 2025

HEISCO has secured a $45 million contract from Kuwait Oil Company to execute engineering, procurement, and con ..Read More

HEISCO has secured a $45 million contract from Kuwait Oil Company to execute engineering, procurement, and construction (EPC) works for critical oil and gas infrastructure, strengthening Kuwait’s energy sector capacity.
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Oman

  •  May 31, 2025

Arctech has signed a strategic contract with India’s ACME Cleantech Solutions to supply 175 MWp of solar tra ..Read More

Arctech has signed a strategic contract with India’s ACME Cleantech Solutions to supply 175 MWp of solar trackers for a 300 MTPD Green Ammonia Project in Duqm, Oman. Using its Skyline II Single Axis Solar Tracking System, Arctech will deliver systems from July 2025 to withstand the region’s extreme coastal desert conditions. The project supports Oman’s clean energy ambitions and integrates solar PV with green hydrogen production, advancing industrial decarbonization.
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Saudi Arabia

  •  May 29, 2025

ACWA Power (Saudi Arabia) signed MoUs and SPAs with key Malaysian entities during the ASEAN-GCC Summit to expl ..Read More

ACWA Power (Saudi Arabia) signed MoUs and SPAs with key Malaysian entities during the ASEAN-GCC Summit to explore up to 12.5GW of power generation by 2040 with an initial investment of USD 10 billion. Partnerships with MIDA, TNB, Terengganu Inc., and UEM Lestra aim to jointly develop projects in renewable energy, green hydrogen, FPV, CCGT, and water desalination, supporting Malaysia’s NETR and Saudi Vision 2030. The initiative aligns with Malaysia's goal to reach 70% renewable energy by 2050.
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Saudi Arabia

  •  May 29, 2025

Al Yamamah Steel Industries Co. (Saudi Arabia) has secured a SAR 167.6 million (USD 44.7 million) contract fro ..Read More

Al Yamamah Steel Industries Co. (Saudi Arabia) has secured a SAR 167.6 million (USD 44.7 million) contract from Trading & Development Partnership Company to supply steel towers for a 380 kV ultra-high-voltage line in Saudi Arabia’s western region. The contract duration is one year. Previously, the company announced USD 82.4 million worth of contracts awarded by L&T.
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Oman

  •  May 29, 2025

Hafeet Rail, the developer of the Oman-UAE cross-border railway, has signed a cooperation agreement with Brazi ..Read More

Hafeet Rail, the developer of the Oman-UAE cross-border railway, has signed a cooperation agreement with Brazil’s Itaminas, aiming to establish an integrated iron ore shipping system. The deal will leverage Sohar Port's advanced facilities and the Hafeet Rail network to enhance supply chain efficiency for the iron and steel industry. Itaminas, with a production capacity of 6.5 million tons (expandable to 15.5 million tons) annually, plans to export to the Middle East and explore setting up parts of its value chain in the GCC. Construction of the railway is actively underway.
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