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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

  •  December 05, 2024

EDF France announced plans to develop a 5GW pumped-storage hydropower plant in Ras Al Khaimah, UAE, to enhance ..Read More

EDF France announced plans to develop a 5GW pumped-storage hydropower plant in Ras Al Khaimah, UAE, to enhance energy storage and stability. The project, highlighted at the Ras Al Khaimah Municipality Department Energy Summit, aims to align with UAE's Net Zero goals. EDF is also involved in a 250MW hydroelectric project at Hatta Dam, set for completion in early 2025.
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UAE

  •  December 05, 2024

ADNOC signed a 15-year Sales and Purchase Agreement with Malaysia’s PETRONAS to supply 1 million tonnes per ..Read More

ADNOC signed a 15-year Sales and Purchase Agreement with Malaysia’s PETRONAS to supply 1 million tonnes per annum of lower-carbon LNG from the Ruwais LNG project, starting in 2028. This partnership enhances ADNOC's role as a reliable energy supplier and supports Asia's demand for cleaner energy. The Ruwais LNG facility will use clean power, making it one of the lowest-carbon LNG plants globally.
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Oman

  •  December 05, 2024

The joint venture Special Technical Services Worley Integrated Solutions (SWIS) received a three-year contract ..Read More

The joint venture Special Technical Services Worley Integrated Solutions (SWIS) received a three-year contract extension from bp to provide EPC services for Block 61 gas assets in Oman, including field development and brownfield modifications. The extension builds on an initial 2018 contract and subsequent 2022 extension, highlighting SWIS’s success in enhancing operational efficiency for bp’s gas operations.
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Saudi Arabia

  •  December 04, 2024

The Saudi Power Procurement Company (SPPC) signed Power Purchase Agreements (PPAs) for three solar IPPs under ..Read More

The Saudi Power Procurement Company (SPPC) signed Power Purchase Agreements (PPAs) for three solar IPPs under the National Renewable Energy Program (NREP). These include the Al-Masaa (1,000 MW) and Al Henakiyah 2 (400 MW) projects with SPIC Huanghe Hydropower and EDF Renouvelables, and the Rabigh 2 (300 MW) project with Al Jomaih Energy and TotalEnergies. The projects aim to support Saudi Arabia's goal of sourcing 50% of its electricity from renewables by 2030.
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Saudi Arabia

  •  December 04, 2024

Veolia has signed a memorandum of understanding with the Saudi Investment Recycling Company (SIRC) during a st ..Read More

Veolia has signed a memorandum of understanding with the Saudi Investment Recycling Company (SIRC) during a state visit by French President Emmanuel Macron. The partnership aims to enhance waste treatment capacities in Saudi Arabia, focusing on organic, industrial, and hazardous waste. By 2027, the collaboration seeks to create a national and regional leader in waste management, supporting Saudi Arabia's Vision 2030 program. Veolia plans to boost its turnover in the Middle East by 50% by 2030, leveraging its expertise in water, energy, and waste sectors.
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Saudi Arabia

  •  December 04, 2024

SUEZ and the Saudi Investment Recycling Company (SIRC) have announced a new Framework Strategic Partnership to ..Read More

SUEZ and the Saudi Investment Recycling Company (SIRC) have announced a new Framework Strategic Partnership to accelerate waste management and circular economy initiatives in Saudi Arabia. The partnership will focus on developing waste-to-energy infrastructures and providing advanced solutions for municipal, medical, and hazardous waste. Additionally, it includes decarbonization efforts such as biochar production, supporting Saudi Arabia's Vision 2030 goals for a sustainable, low-carbon economy.
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Saudi Arabia

  •  December 04, 2024

Microsoft has completed construction on all three Azure availability zones in Saudi Arabia's Eastern Province, ..Read More

Microsoft has completed construction on all three Azure availability zones in Saudi Arabia's Eastern Province, with availability expected in 2026. This new datacenter region will support government and private sector organizations in the Kingdom, providing enterprise-grade cloud services to drive innovation, AI adoption, and economic growth in alignment with Saudi Vision 2030. The initiative also includes training programs to develop AI skills among Saudi nationals.
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Saudi Arabia

  •  December 04, 2024

Aramco has partnered with Linde and SLB to develop a Carbon Capture and Storage (CCS) hub in Jubail, Saudi Ara ..Read More

Aramco has partnered with Linde and SLB to develop a Carbon Capture and Storage (CCS) hub in Jubail, Saudi Arabia, with Aramco holding a 60% equity stake. Phase one, set for completion by 2027, aims to capture and store up to 9 million metric tons of CO2 annually, supporting Aramco's net-zero Scope 1 and 2 emissions goal by 2050 and the Kingdom's 2060 net-zero target. The project highlights global collaboration in advancing decarbonization and lower-carbon energy solutions.
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