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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

  •  March 20, 2025

Aramco, in collaboration with Siemens Energy, has launched Saudi Arabia's first Direct Air Capture (DAC) test ..Read More

Aramco, in collaboration with Siemens Energy, has launched Saudi Arabia's first Direct Air Capture (DAC) test unit, capable of removing 12 tons of CO2 annually. The facility aims to test next-gen CO2 capture materials, reduce costs, and pave the way for large-scale DAC deployment. This initiative aligns with Aramco’s goal of achieving net-zero emissions by 2050 and complements its upcoming Carbon Capture and Storage (CCS) hub in Jubail, set to capture 9 million tons of CO2 in phase one.
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Saudi Arabia

  •  March 20, 2025

SAL Logistics Services and Sela signed an agreement to develop the SAR 4 billion SAL Logistics Zone in Falcons ..Read More

SAL Logistics Services and Sela signed an agreement to develop the SAR 4 billion SAL Logistics Zone in Falcons City, north of Riyadh, covering 1.5 million sqm. Strategically located near King Khalid International Airport, the zone will feature Class A warehouses, scalable storage, and advanced infrastructure to boost Saudi Arabia’s supply chain efficiency and attract global investors. Falcons City, spanning 14.4 million sqm, will integrate logistics, aviation, commercial, and residential sectors, aligning with the National Transport and Logistics Strategy to position Saudi Arabia as a global logistics leader.
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Kuwait

  •  March 19, 2025

HEISCO Kuwait's Saudi branch has signed a SAR 275.5 million contract with main contractor Enppi for the civil ..Read More

HEISCO Kuwait's Saudi branch has signed a SAR 275.5 million contract with main contractor Enppi for the civil and mechanical works of the Debottleneck Production Facilities project in Abqaiq. The contract, awarded in January 2025, has a duration of 865 days.
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Saudi Arabia

  •  March 18, 2025

Saudi Water Partnership Company (SWPC) received a sole proposal from Alkhorayef Water and Power Technologies f ..Read More

Saudi Water Partnership Company (SWPC) received a sole proposal from Alkhorayef Water and Power Technologies for developing a small-scale wastewater treatment plant (SSTP) and a 166 km collection network in Jazan, with a treatment capacity of 74,700 m³/day. The project, set for commercial operation by Q4 2028, will be developed under a 25-year Sewage Treatment and Collection Network Implementation Agreement (STCNIA), with the collection network being handed over to the National Water Company (NWC) after construction.
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Oman

  •  March 18, 2025

Oman National Engineering & Investment Company (ONEIC) has been awarded a contract worth OMR 13.4 million by O ..Read More

Oman National Engineering & Investment Company (ONEIC) has been awarded a contract worth OMR 13.4 million by Oman Electricity Transmission Company to construct the Mahadha 220kV Grid Station on an EPC basis, with an 18-month duration. This project is part of ONEIC’s ongoing efforts to strengthen its expertise and capabilities in the engineering sector.
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Bahrain

  •  March 18, 2025

Bapco Refining, Bahrain, has received bids for the Sitra Wharf Enhancement Project, with proposals from Nass C ..Read More

Bapco Refining, Bahrain, has received bids for the Sitra Wharf Enhancement Project, with proposals from Nass Contracting (BHD 12.29M), AL HASSANAIN (BHD 16.28M), and Mohammed Jalal Contracting (BHD 19.87M). The project aims to enhance liquid cargo handling at berths 5 and 6 to accommodate larger hydrocarbon shipments, boosting efficiency and profitability at the Sitra port terminal.
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Egypt

  •  March 16, 2025

Scatec ASA, Norway, has signed a 25-year USD-denominated PPA with Egypt Aluminium for a 1.1 GW Solar PV + 100 ..Read More

Scatec ASA, Norway, has signed a 25-year USD-denominated PPA with Egypt Aluminium for a 1.1 GW Solar PV + 100 MW/200 MWh BESS project in Egypt, backed by a sovereign guarantee. The USD 650 million project aims to help Egypt Aluminium decarbonize and meet EU’s CBAM requirements by 2026. Scatec plans to finalize land allocation, grid connection, and financing within 12 months, retaining 100% ownership initially but seeking additional equity partners. Scatec will also serve as the EPC provider, asset manager, and O&M service provider.
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Saudi Arabia

  •  March 14, 2025

Doosan Enerbility, South Korea, has signed a USD 610.7 million construction contract with Saudi Electricity Co ..Read More

Doosan Enerbility, South Korea, has signed a USD 610.7 million construction contract with Saudi Electricity Company (SEC) for the PP12 Combined Cycle Power Plant, located 150 km northwest of Riyadh. The 1,800 MW plant, part of Saudi Arabia's Vision 2030 to diversify its economy and boost power capacity by 6 GW annually, will utilize efficient gas combined cycle technology. Doosan, in partnership with SEPCO3, will handle design, equipment supply, and commissioning.
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