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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

  •  June 04, 2025

Sumou Real Estate Company has secured a $150 million contract to develop a mixed-use project featuring residen ..Read More

Sumou Real Estate Company has secured a $150 million contract to develop a mixed-use project featuring residential, commercial, and leisure facilities in a prime UAE location.
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Saudi Arabia

  •  June 04, 2025

KEC International Ltd. has secured a major 380kV Overhead Transmission Line (OHTL) contract in Saudi Arabia, i ..Read More

KEC International Ltd. has secured a major 380kV Overhead Transmission Line (OHTL) contract in Saudi Arabia, including design, supply, installation, testing, and commissioning. The company also won tower, hardware, and pole supply orders in the Americas and a terminal station contract in Africa, along with ongoing pipeline work. Its subsidiary SAE Towers bagged a significant order in Mexico, bringing KEC’s YTD order intake to ₹4,200 crores—a ~40% increase over last year.
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African Countries

  •  June 04, 2025

KEC International Ltd. has secured a major 380kV Overhead Transmission Line (OHTL) contract in Saudi Arabia, i ..Read More

KEC International Ltd. has secured a major 380kV Overhead Transmission Line (OHTL) contract in Saudi Arabia, including design, supply, installation, testing, and commissioning. The company also won tower, hardware, and pole supply orders in the Americas and a terminal station contract in Africa, along with ongoing pipeline work. Its subsidiary SAE Towers bagged a significant order in Mexico, bringing KEC’s YTD order intake to ₹4,200 crores—a ~40% increase over last year.
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Saudi Arabia

  •  June 02, 2025

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hyd ..Read More

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hydrogen project in Oxagon, NEOM, as of early Q1 2025. The facility, a JV between ACWA Power, Air Products, and NEOM, will produce up to 600 tonnes/day of carbon-free hydrogen as green ammonia, reducing global CO₂ emissions by 5 million tonnes annually. Powered by 4 GW of solar and wind energy (completion by mid-2026), the plant aims for first product availability in 2027 and secured $8.4B in financing.
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Saudi Arabia

  •  June 02, 2025

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hyd ..Read More

NEOM Green Hydrogen Company (NGHC) has achieved 80% construction completion on the world’s largest green hydrogen project in Oxagon, NEOM, as of early Q1 2025. The facility, a JV between ACWA Power, Air Products, and NEOM, will produce up to 600 tonnes/day of carbon-free hydrogen as green ammonia, reducing global CO₂ emissions by 5 million tonnes annually. Powered by 4 GW of solar and wind energy (completion by mid-2026), the plant aims for first product availability in 2027 and secured $8.4B in financing.
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France

  •  June 01, 2025

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on ..Read More

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on the 300 MW Rabigh 2 Solar IPP project, valued at SAR 825 million (USD 220 million). A 25-year Power Purchase Agreement was signed with SPPC in Dec 2024 as part of Saudi Arabia’s Round 5 National Renewable Energy Program. The plant, set to connect to the grid by 2026, supports the Kingdom’s Vision 2030 goal of a 50-50 gas-renewables energy mix.
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Saudi Arabia

  •  June 01, 2025

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on ..Read More

Aljomaih Energy and Water Company (Saudi Arabia) and France’s TotalEnergies have achieved financial close on the 300 MW Rabigh 2 Solar IPP project, valued at SAR 825 million (USD 220 million). A 25-year Power Purchase Agreement was signed with SPPC in Dec 2024 as part of Saudi Arabia’s Round 5 National Renewable Energy Program. The plant, set to connect to the grid by 2026, supports the Kingdom’s Vision 2030 goal of a 50-50 gas-renewables energy mix.
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Saudi Arabia

  •  June 01, 2025

Johnson Controls Arabia has inaugurated the Kingdom’s largest 600‑ton YORK air‑cooled chiller production ..Read More

Johnson Controls Arabia has inaugurated the Kingdom’s largest 600‑ton YORK air‑cooled chiller production line and Saudi Arabia’s first AHRI-certified testing lab in Jeddah’s KAEC, boosting local manufacturing and HVAC innovation aligned with Vision 2030
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