Masarat Mobility Park, a partnership between TASARU Mobility Investments, Zamil Group, Alkhorayef Sons, and Da ..Read More

Masarat Mobility Park, a partnership between TASARU Mobility Investments, Zamil Group, Alkhorayef Sons, and Dar Al Himmah, is developing a 2 million sqm automotive hub in King Abdullah Economic City (KAEC) to support Saudi Vision 2030. The Park aims to attract global suppliers, develop local talent through educational partnerships, and boost local manufacturing. Leveraging KAEC’s Special Economic Zone (SEZ), it offers multimodal connectivity to expand regional operations and generate thousands of jobs. Masarat has secured ECZA certification to facilitate investor operations and enhance Saudi Arabia’s position as a regional automotive hub.
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• Transport

xSAL Logistics Services has signed a cooperation agreement with the Madinah Region Development Authority to en ..Read More

xSAL Logistics Services has signed a cooperation agreement with the Madinah Region Development Authority to enhance logistics services and smart facilities at Prince Mohammed bin Abdulaziz International Airport in Madinah. The agreement, signed by Saleh bin Ahmed Aldaini and Abdulmajeed Mangara, aims to boost air cargo operations, improve the logistics performance index, and support Saudi Vision 2030. Key initiatives include smart facility systems, sustainability projects, seasonal event support, and logistics workshops, reinforcing Saudi Arabia’s ambition to become a global logistics hub.
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• Power

TASARU Mobility Investments, owned by Saudi Arabia’s PIF, has launched a joint venture with Bahri and German ..Read More

TASARU Mobility Investments, owned by Saudi Arabia’s PIF, has launched a joint venture with Bahri and Germany’s MOSOLF Group to deliver integrated logistics solutions for the automotive and mobility sectors in Saudi Arabia. The JV offers services such as shipping, EV handling, and customs clearance while leveraging Bahri’s maritime expertise and Mosolf’s technical knowledge. It aims to enhance local manufacturing, support Vision 2030’s goals, attract foreign investment, and create high-value jobs. The initiative focuses on sustainable logistics innovation and strengthening Saudi Arabia’s automotive infrastructure.
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• Transport

NEOM and DataVolt signed a $5 billion agreement to develop a 1.5-gigawatt sustainable AI data center in Oxagon ..Read More

NEOM and DataVolt signed a $5 billion agreement to develop a 1.5-gigawatt sustainable AI data center in Oxagon, aligning with Saudi Arabia’s vision for a data-driven economy. The renewable-powered facility will use advanced cooling and energy-efficient architectures, aiming for net-zero operations by 2028. Oxagon’s strategic Red Sea location, fiber connectivity, and green energy access make it ideal for this large-scale project.
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• NEOM

Saudi Steel Pipe Company’s subsidiary, Global Pipe Company, secured a SAR 910 million contract from Saudi Ar ..Read More

Saudi Steel Pipe Company’s subsidiary, Global Pipe Company, secured a SAR 910 million contract from Saudi Aramco to supply LSAW pipes for its Accelerated Carbon Capture and Storage hub in Jubail. The contract duration is 15 months. SSP, a leading MENA manufacturer of ERW steel pipes, serves oil, gas, industrial, and construction segments, offering OCTG, Line Pipe, API, and related services.
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• Oil & Gas

Saudi Entertainment Ventures (SEVEN), part of Qiddiya Investment Company (PIF), has partnered with TAWAL to de ..Read More

Saudi Entertainment Ventures (SEVEN), part of Qiddiya Investment Company (PIF), has partnered with TAWAL to develop advanced digital infrastructure across SEVEN’s 21 entertainment destinations in 14 Saudi cities, with investments exceeding SAR 50 billion. Announced at the LEAP Conference, the partnership will establish neutral telecom infrastructure, enhancing 4G/5G networks, IoT, and digital services for seamless visitor experiences. TAWAL, with over 21,000 telecom towers globally, will design, manage, and maintain the infrastructure to meet the highest industry standards.
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• Tourism

VA TECH WABAG secured a $371 million EPC contract from Al Haer Environmental Services for a 200 MLD Independen ..Read More

VA TECH WABAG secured a $371 million EPC contract from Al Haer Environmental Services for a 200 MLD Independent Sewage Treatment Plant (ISTP) in Saudi Arabia, part of Vision 2030. The project is developed by a Miahona-led consortium for Saudi Water Partnership Company (SWPC), with WABAG as the technology partner and MGC handling pipelines and reservoirs. WABAG also won a 20 MLD Industrial Wastewater Treatment Plant (IWWTP) at Ras Tanura Refinery, reinforcing its strong presence in the Middle East.
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• Water

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, announced the list of 90 c ..Read More

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, announced the list of 90 companies (46 local, 44 international) that submitted Expressions of Interest for the Taif International Airport project. The new airport, located 21 km southeast of the existing facility, will handle 2.5 million passengers by 2030. The project, aligned with Saudi Vision 2030 to boost the aviation sector, will follow a Build-Transfer-Operate (BTO) model with a 30-year contract duration.
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• Construction
• Transport