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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 04, 2025

BYD Energy Storage (China) has begun shipping the world’s largest 12.5 GWh grid-scale Battery Energy Storage ..Read More

BYD Energy Storage (China) has begun shipping the world’s largest 12.5 GWh grid-scale Battery Energy Storage System (BESS) to Saudi Arabia, with the first batch of 120 MC Cube-T cabinets departing from Guangxi on April 27, 2025. The full project includes 2,364 cabinets and supports Saudi Arabia’s green energy transition. The contract with Saudi Electricity Company (SEC) was signed in January 2025, covering design, supply, installation supervision, and maintenance.
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Kuwait

  •  May 04, 2025

Combined Group Contracting (CGC) Company Emirates L.L.C., a subsidiary of Kuwait-based Combined Group Contract ..Read More

Combined Group Contracting (CGC) Company Emirates L.L.C., a subsidiary of Kuwait-based Combined Group Contracting Company, has secured a AED 437.4 million (USD 119.1 million) contract from Ras Al Khaimah Government Public Services Department in the UAE. The contract involves constructing roads and services in northern Ras Al Khaimah, Package C1, with a duration of 730 days. Previously, CGC was awarded another UAE contract worth AED 1.01 billion (USD 275.8 million).
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Kuwait

  •  May 02, 2025

Kuwait's Ministry of Electricity, Water & Renewable Energy has invited bids for Phase 4 of the Sabiya Power Pl ..Read More

Kuwait's Ministry of Electricity, Water & Renewable Energy has invited bids for Phase 4 of the Sabiya Power Plant expansion in Al Jahra, aiming to add 900 MW via combined cycle gas turbines. Earlier phases included 935 MW (Phase 3) by Alghanim International in 2020 (USD 439 million) and a 250 MW upgradation in Phase 2 by the same EPC. Recently, TNB REMACO (Malaysia) was awarded a maintenance contract for the facility.
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Saudi Arabia

  •  May 01, 2025

Schneider Electric hosted its Innovation Talks in Riyadh, announcing the $850M acquisition of Motivair (75% st ..Read More

Schneider Electric hosted its Innovation Talks in Riyadh, announcing the $850M acquisition of Motivair (75% stake), a leader in liquid cooling for AI and HPC data centers. This move supports Saudi Arabia’s Vision 2030 and its goal to increase data center capacity by 37% by 2027. Schneider also signed multiple MoUs with Dulb, Edarat, Mobily, and DataVolt to develop sustainable, AI-driven digital infrastructure. With Saudi Arabia accounting for 86% of Middle East’s data center capacity, Schneider is reinforcing its role as a key partner in the Kingdom’s digital and green transformation.
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Oman

  •  May 01, 2025

SOHAR Port and Freezone has initiated the construction phase of the MARSA LNG project, a USD 1.6 billion joint ..Read More

SOHAR Port and Freezone has initiated the construction phase of the MARSA LNG project, a USD 1.6 billion joint venture between TotalEnergies and OQ Oman, by signing three key contracts with WSP, Boskalis, and Six Construct for consultancy, dredging, and LNG jetty construction. The project, powered entirely by a 300MW solar plant, will be the Middle East’s first LNG bunkering hub producing one million metric tons annually, supporting Oman’s Vision 2040 and carbon neutrality goals. Completion timelines range from September 2025 for dredging to 16 months for jetty construction.
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Oman

  •  May 01, 2025

Dar Global and The Trump Organization have launched the Trump International Hotel & Tower, Dubai, the Middle E ..Read More

Dar Global and The Trump Organization have launched the Trump International Hotel & Tower, Dubai, the Middle East’s first Trump-branded luxury development, rising 350m with 80 floors along Sheikh Zayed Road. The project offers exclusive residential and hospitality amenities, including private lounges, the highest outdoor pool globally, and two penthouses with sky pools inspired by Trump Tower New York. This marks their fifth collaboration, following successful projects in Saudi Arabia and Oman, reinforcing confidence in the region’s real estate and tourism growth.
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Oman

  •  May 01, 2025

At the Advantage Oman Forum, SOHAR Port and Freezone signed a land lease agreement with JA Solar OM (FZC) SPC ..Read More

At the Advantage Oman Forum, SOHAR Port and Freezone signed a land lease agreement with JA Solar OM (FZC) SPC to establish a $565 million solar cell and module manufacturing facility. Spanning 32.5 hectares in Phase 2 of the Freezone, the project will have an annual capacity of 6 GW solar cells and 3 GW modules, with operations set to begin in Q1 2026. This initiative supports Oman Vision 2040 and reinforces Oman’s role in the global clean energy transition.
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Kuwait

  •  April 30, 2025

Kuwait Company for Process Plant Construction & Contracting (KCPC) has been awarded subcontracts worth KWD 28. ..Read More

Kuwait Company for Process Plant Construction & Contracting (KCPC) has been awarded subcontracts worth KWD 28.3 million (USD 92.3 million) by China Gezhouba Group for asphalt works in multiple residential suburbs under the South Saad Al-Abdullah residential project in Kuwait. The scope includes construction, completion, and maintenance of roads across 15 suburbs, with each project having a duration of 1,090 days. The main contract was earlier awarded by PAHW in January 2025.
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