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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

UAE

  •  January 07, 2025

Dubai Municipality has awarded contracts for the second phase of the AED 400 million Al Mamzar Beach Developme ..Read More

Dubai Municipality has awarded contracts for the second phase of the AED 400 million Al Mamzar Beach Development Project, set for completion by the end of 2025. Spanning 125,000 square meters, the project will feature innovative beach designs, recreational facilities, a women-only beach, and smart technologies to enhance visitor experiences. It aims to boost tourism, sustainability, and economic growth, reinforcing Dubai's position as a global leisure hub.
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Saudi Arabia

  •  January 05, 2025

The Roads General Authority (RGA) in Saudi Arabia, in collaboration with Al-Ahsa Municipality and the National ..Read More

The Roads General Authority (RGA) in Saudi Arabia, in collaboration with Al-Ahsa Municipality and the National Center for Waste Management, has completed the Kingdom's first road using recycled construction and demolition (C&D) waste in asphalt layers. This initiative supports Saudi Arabia’s circular economy goals, aiming for a 60% recycling rate of such waste by 2035, while promoting sustainable and cost-effective infrastructure development.
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Egypt

  •  January 05, 2025

ACWA Power, in partnership with HAU Energy, has achieved financial close for the 1.1GW Suez Wind Farm in Egypt ..Read More

ACWA Power, in partnership with HAU Energy, has achieved financial close for the 1.1GW Suez Wind Farm in Egypt, the largest single-contracted wind farm in the Middle East. The project, valued at $1.2 billion, will contribute to Egypt's renewable energy goals, reducing CO2 emissions by 1.1 million tonnes annually. It secured a $703.6 million debt facility from a consortium of banks and is expected to begin operations by Q2 2027.
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Saudi Arabia

  •  January 05, 2025

Al Yamamah Steel Industries Co. has secured a SAR 97.5 million contract with Trading & Development Partnership ..Read More

Al Yamamah Steel Industries Co. has secured a SAR 97.5 million contract with Trading & Development Partnership to supply steel towers for the construction of a 380 kV ultra-high-voltage line in eastern Saudi Arabia. The contract, which will last for one year, is set to begin in May 2025.
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UAE

  •  January 03, 2025

KEC International Ltd. has secured new orders worth Rs. 1,097 crores in its Transmission and Distribution (T&D ..Read More

KEC International Ltd. has secured new orders worth Rs. 1,097 crores in its Transmission and Distribution (T&D) business, including the setup of 400 kV transmission lines in the UAE. The company continues to see strong growth, with 72% of its order intake this year coming from the T&D sector, contributing to a 70% increase in its year-to-date order intake.
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UAE

  •  January 03, 2025

Arctech has secured a 1.5GW order for its SkyLine II single-axis solar tracking system from PowerChina for the ..Read More

Arctech has secured a 1.5GW order for its SkyLine II single-axis solar tracking system from PowerChina for the Al Ajban Solar PV plant in the UAE. This project, part of the UAE's Energy Strategy 2050, will become one of the largest single-site solar plants globally and is expected to reduce carbon emissions by 2.4 million tons annually. Arctech's expansion in the Middle East, including a new manufacturing base in Jeddah, positions it to significantly contribute to the region's energy transition goals.
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Oman

  •  January 02, 2025

Sembcorp Utilities has successfully completed acceptance tests for the Manah II Solar Independent Power Projec ..Read More

Sembcorp Utilities has successfully completed acceptance tests for the Manah II Solar Independent Power Project in Oman, marking the achievement of commercial operation more than four months ahead of schedule. With an installed capacity of 588MW, it is Sembcorp's largest solar farm and contributes to Oman's goal of increasing renewable energy to 30% by 2030. The project is backed by a 20-year power purchase agreement with Nama Power and Water Procurement Company.
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Kuwait

  •  January 02, 2025

Kuwait National Petroleum Company (KNPC) has received bidders' proposals for the construction of a new Local M ..Read More

Kuwait National Petroleum Company (KNPC) has received bidders' proposals for the construction of a new Local Marketing Depot at Matla, aimed at meeting the growing demand for petroleum products and reducing transportation costs. The proposals submitted include bids from Consolidated Contractors Group (KWD 357.25 million), SINOPEC (KWD 358.38 million), Enppi (KWD 384.54 million), Larsen & Toubro (KWD 413.7 million), and Open Tower General Trading (KWD 505.48 million).
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