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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

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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Saudi Arabia

  •  January 22, 2025

Elsewedy Electric KSA – High Voltage Projects has secured a contract to extend 110 kV underground cables in ..Read More

Elsewedy Electric KSA – High Voltage Projects has secured a contract to extend 110 kV underground cables in Saudi Arabia. The project will improve electricity transmission by connecting the new Riyadh 110/13.8 kV substation and reinforcing backup power for HP2 and KZM BSPs in Jeddah. This contract reflects the Saudi Electricity Company’s continued trust in EEKSA’s quality standards and aligns with Saudi Arabia’s Vision 2030 goals.
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Saudi Arabia

  •  January 22, 2025

Saudi Arabia’s Ministry of Industry and Mineral Resources has announced that six mining companies have quali ..Read More

Saudi Arabia’s Ministry of Industry and Mineral Resources has announced that six mining companies have qualified for the first wave of the Exploration Enablement Program (EEP). Launched at the Future Minerals Forum 2024, the initiative aims to boost mining investments, accelerate exploration, and enhance sector competitiveness. The program, aligned with Saudi Vision 2030, facilitates technical and geological data reliability while reducing risks for exploration companies.
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