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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

Oman

  •  February 25, 2025

Nama Water Services Company, Oman, signed four agreements for strategic water sector projects, including water ..Read More

Nama Water Services Company, Oman, signed four agreements for strategic water sector projects, including water distribution networks in Ibri, Yanqul, Dhank, Samail, and Izki, and wastewater networks in Al Ansab, Muscat. The company is implementing 27 projects worth over RO 700 million, enhancing water coverage to 72.80% and benefiting 937,970 people. Key initiatives include water transmission projects linking desalination plants in Sohar, Barka, and various governorates. The Omanization initiative created 885 jobs, raising local employment in sector companies to 84%.
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Saudi Arabia

  •  February 25, 2025

Group AMANA and Al Moammar Information Systems (MIS) have signed an MoU at LEAP 2025 to accelerate Saudi Arabi ..Read More

Group AMANA and Al Moammar Information Systems (MIS) have signed an MoU at LEAP 2025 to accelerate Saudi Arabia’s digital transformation by developing high-performance, ESG-compliant data centers. This partnership combines AMANA’s expertise in scalable construction with MIS’s IT solutions to support AI, cloud computing, and enterprise digitalization. Aligning with Vision 2030, the initiative ensures energy-efficient, AI-ready infrastructure for enterprises, hyperscalers, and government entities, reinforcing Saudi Arabia’s position as a global digital powerhouse.
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Qatar

  •  February 25, 2025

QatarEnergy signed a 20-year Sales and Purchase Agreement (SPA) with Guangzhou Guanggang Gases & Energy Co. Lt ..Read More

QatarEnergy signed a 20-year Sales and Purchase Agreement (SPA) with Guangzhou Guanggang Gases & Energy Co. Ltd (G-gas) to supply 100 million cubic feet per annum of helium to China, marking Qatar’s first direct long-term helium supply agreement with China. The helium will be sourced from Qatar’s Ras Laffan facilities, with capacity expected to double through North Field LNG expansion projects. This agreement strengthens QatarEnergy’s global partnerships and supports critical industries reliant on helium, including medical, technology, and space exploration sectors.
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Saudi Arabia

  •  February 24, 2025

Al-Babtain Power and Telecommunication signed a SAR 622 million contract with Saudi Service for Electromechani ..Read More

Al-Babtain Power and Telecommunication signed a SAR 622 million contract with Saudi Service for Electromechanical Works (SSEM) to design, test, manufacture, and supply a 500kV Overhead Transmission Line (OHTL) for the COA-SOA Interconnection Link (Portion III) over 24 months. Previously, the company secured a $104 million steel towers supply contract with L&T.
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Saudi Arabia

  •  February 24, 2025

Hassan Allam Holding's subsidiary, Kortech, has secured two additional MEP Enhancement Works packages at the K ..Read More

Hassan Allam Holding's subsidiary, Kortech, has secured two additional MEP Enhancement Works packages at the King Abdullah Financial District (KAFD) in Riyadh. The expanded scope covers firefighting, plumbing, HVAC, electrical, ICT, BMS, and fire alarm systems across multiple office buildings, spanning 22,000+ m². As Riyadh’s premier business district, KAFD plays a key role in Saudi Arabia’s modern urban vision, with Kortech contributing to its transformation. Hassan Allam Holding continues its global expansion, delivering high-quality construction and development projects.
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Oman

  •  February 24, 2025

Oman’s Ministry of Agriculture, Fisheries and Water Resources inaugurated the Wadi Al Jifnain Dam in A’See ..Read More

Oman’s Ministry of Agriculture, Fisheries and Water Resources inaugurated the Wadi Al Jifnain Dam in A’Seeb, under the patronage of HH Sayyid Harib bin Thuwaini Al Said. The RO 45.6 million project, completed in three years, is part of Oman’s 200-dam network, aimed at flood protection and groundwater recharge. It safeguards Al Khoudh, Al Hail, and Al Mawaleh using advanced hydrological technologies like flexible concrete structures and water monitoring systems, ensuring resilience and sustainability.
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UAE

  •  February 24, 2025

Drake & Scull International (DSI) has secured two major contracts worth over AED 1 billion for the Arabian Hil ..Read More

Drake & Scull International (DSI) has secured two major contracts worth over AED 1 billion for the Arabian Hills Project, a 224 million sq. ft. luxury development. The contracts cover infrastructure works, power systems, street lighting, and a sewage treatment plant for Sun Valley (AED 452.85M) and Park Vista (AED 557.81M). The project will utilize advanced construction methods and aligns with sustainable urban development goals. CEO Muin El Saleh emphasized the contracts as a major milestone, reinforcing DSI’s market leadership and future growth strategy.
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Saudi Arabia

  •  February 23, 2025

Raissy Trading & Contracting Co. Ltd. secured a SAR 131 million contract from Saudi Electricity Company (SEC) ..Read More

Raissy Trading & Contracting Co. Ltd. secured a SAR 131 million contract from Saudi Electricity Company (SEC) for the 110/13.8kV substation project at MAADEN BARRICK COPPER Co. in the Madinah Region. The project scope includes design, material supply, installation, testing, and commissioning, with a duration of 23 months.
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