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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 Initiative in Saudi Arabia

Read about all the government initiative in Saudi Arabia

Saudi Arabia

  •  January 28, 2025

The Saudi Investment Recycling Company (SIRC) has awarded NAZ Steel Industries a contract to design, supply, a ..Read More

The Saudi Investment Recycling Company (SIRC) has awarded NAZ Steel Industries a contract to design, supply, and erect pre-engineered buildings for three medical waste recycling facilities in Jeddah, Riyadh, and Dammam. The project, aligned with Saudi Vision 2030, will be completed in four months. NAZ Steel Industries, specializing in steel structures and pre-engineered buildings, sees this as a significant milestone in supporting waste treatment sector transformation.
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Saudi Arabia

  •  January 28, 2025

Saudi Telecom Company (stc) has signed a contract worth SAR 32.64 billion with a government entity for telecom ..Read More

Saudi Telecom Company (stc) has signed a contract worth SAR 32.64 billion with a government entity for telecommunications infrastructure services. Under the contract, stc will build, operate, and provide the required services, with an 18-month preparation and execution period, followed by 15 years of operation.
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Saudi Arabia

  •  January 28, 2025

Saudi Arabia Railways (SAR) and Italian luxury hospitality company Arsenale have unveiled the final designs fo ..Read More

Saudi Arabia Railways (SAR) and Italian luxury hospitality company Arsenale have unveiled the final designs for Dream of the Desert, the Middle East’s first five-star luxury train. Featuring 34 luxury suites across 14 carriages, the train blends modern opulence with Saudi heritage, offering an exclusive travel experience aligned with Saudi Vision 2030. Departing from Riyadh, it will traverse the Northern Railway network, integrating cultural programs, fine dining, and curated art to immerse passengers in Saudi traditions.
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Saudi Arabia

  •  January 27, 2025

CESI Group has signed an MoU with Saudi Electricity Project Development Company (PDC) to enhance energy infras ..Read More

CESI Group has signed an MoU with Saudi Electricity Project Development Company (PDC) to enhance energy infrastructure in Saudi Arabia. The agreement, signed during Italian PM Giorgia Meloni’s visit, focuses on project efficiency, technological advancements, and sustainability. This collaboration supports Saudi Arabia’s Vision 2030 and strengthens CESI’s presence in the region’s energy sector.
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Saudi Arabia

  •  January 26, 2025

A consortium of leading entities, including PIF, SIRC, NEOM, SIKA, and ClimateCrete, has signed an MoU to laun ..Read More

A consortium of leading entities, including PIF, SIRC, NEOM, SIKA, and ClimateCrete, has signed an MoU to launch the NovusCrete Consortium, focusing on sustainable concrete innovation. The initiative aims to reduce the construction sector's carbon footprint by promoting seawater concrete, recycled materials, and polymer-based solutions, aligning with Saudi Vision 2030. Led by OSP, the consortium will develop standards and codes for seawater concrete use, fostering localization, environmental sustainability, and industry innovation.
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Saudi Arabia

  •  January 25, 2025

Nesma Infrastructure and Technology has signed a SAR 645 million contract with the Saudi Electricity Company t ..Read More

Nesma Infrastructure and Technology has signed a SAR 645 million contract with the Saudi Electricity Company to construct a 380kV substation in Bisha, Saudi Arabia. The project includes building the Bisha–Solar PV 380/132 KV BSP and is expected to be completed within 23 months.
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Saudi Arabia

  •  January 23, 2025

MATARAT Holding has selected the Sener engineering and technology group to update the masterplans for five key ..Read More

MATARAT Holding has selected the Sener engineering and technology group to update the masterplans for five key Saudi airports: Yanbu, Tabuk, Al-Baha, Al Jouf, and Al Gurayat. This initiative aligns with Saudi Vision 2030, aiming to transform the nation's airport sector into a global benchmark for sustainability and efficiency. Sener will conduct detailed analyses of each airport's traffic patterns, tourism potential, facility requirements, capacity, and environmental impact to provide comprehensive frameworks for future development.
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Saudi Arabia

  •  January 22, 2025

KBR has been awarded a contract to support Saudi Aramco’s Master Expansion Program, enhancing gas handling c ..Read More

KBR has been awarded a contract to support Saudi Aramco’s Master Expansion Program, enhancing gas handling capacity across the Shaybah field’s Gas-Oil Separation Plants (GOSPs) and related facilities through 2028. The project focuses on sustainability by integrating carbon-free energy, carbon capture, and resource optimization to support Saudi Aramco’s 2060 net-zero goals. KBR, with over four decades of presence in Saudi Arabia, continues to contribute to the Kingdom’s Vision 2030 in energy and infrastructure development.
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