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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

  •  December 23, 2024

The Knowledge Economic City (KEC) in Saudi Arabia has awarded a SAR 232.8 million contract to Alfaneyah Electr ..Read More

The Knowledge Economic City (KEC) in Saudi Arabia has awarded a SAR 232.8 million contract to Alfaneyah Electromechanical Company for electromechanical works on the Hilton Hotel Tower and the branded residences tower within the KEC Hub Project. The 18-month contract includes electrical, mechanical, and plumbing works for the towers, which feature 384 five-star hotel units and 66 luxury residences. Located in Medina, the project integrates recreation, shopping, and entertainment, with a public park and a boulevard offering diverse services.
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Saudi Arabia

  •  December 22, 2024

Aramco has partnered with Carbon Clean and SAMSUNG E&A to demonstrate CycloneCC, an innovative carbon capture ..Read More

Aramco has partnered with Carbon Clean and SAMSUNG E&A to demonstrate CycloneCC, an innovative carbon capture technology. The compact, modular system, designed to capture CO2 from natural gas turbine exhaust streams, aims to reduce the cost and footprint of carbon capture systems by up to 50% while maintaining high efficiency. The project will test the technology under real-world conditions, supporting Aramco's carbon-reduction goals.
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Saudi Arabia

  •  December 21, 2024

PVH Middle East has expanded its manufacturing headquarters in Jeddah, Saudi Arabia, covering over 100,000 m² ..Read More

PVH Middle East has expanded its manufacturing headquarters in Jeddah, Saudi Arabia, covering over 100,000 m². The facility, which creates over 400 jobs with 40% local Saudi talent, will produce 12GW of solar technology. With a 35% local content score, PVH emphasizes its commitment to sustainability and the region’s economy, reinforcing its position as a leading manufacturer of solar tracking solutions.
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Saudi Arabia

  •  December 20, 2024

The Water Transmission Company (WTCO) in Saudi Arabia has issued a Request for Qualification (RFQ) for the Ras ..Read More

The Water Transmission Company (WTCO) in Saudi Arabia has issued a Request for Qualification (RFQ) for the Ras-Mohaisen – Baha – Makkah Independent Water Transmission System (IWTS) Project. The project will have a transmission capacity of 515,000 cubic meters per day over a 300 km pipeline. It will be developed on a Design, Build, Finance, Lease, and Transfer (DBFLT) basis, with a lease term of up to 35 years. The project aims to support Saudi Vision 2030 by improving water supply and reducing reliance on non-renewable water sources.
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Saudi Arabia

  •  December 20, 2024

Aramco has appointed Ayesa to provide Project Management Consultancy (PMC) services for the construction of th ..Read More

Aramco has appointed Ayesa to provide Project Management Consultancy (PMC) services for the construction of the Aramco Stadium in Al Khobar, Saudi Arabia, set for completion in 2026. Spanning 800,000 m², the stadium will feature sports and entertainment facilities, retail zones, and a capacity for 47,000 spectators, serving as a venue for the 2027 Asian Football Confederation Cup. Ayesa brings expertise from projects like the Santiago Bernabéu Stadium and aims to support Saudi Vision 2030 with innovative, sustainable, and community-focused solutions.
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Saudi Arabia

  •  December 20, 2024

Diriyah Company has opened Bab Samhan, a luxury hotel by Marriott International, marking a significant milesto ..Read More

Diriyah Company has opened Bab Samhan, a luxury hotel by Marriott International, marking a significant milestone in the development of Diriyah, Saudi Arabia. The hotel offers 134 rooms and 23 suites, reflecting Najdi architectural design and cultural heritage. Located near the UNESCO World Heritage Site of At-Turaif, it features luxury amenities including a spa, fitness center, and Michelin-starred dining. This opening is part of a broader plan for over 40 hotels in Diriyah, aiming to become a world-class cultural destination.
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Saudi Arabia

  •  December 19, 2024

NEOM has partnered with Samsung C&T Corporation in a joint venture to invest over SAR 1.3 billion in construct ..Read More

NEOM has partnered with Samsung C&T Corporation in a joint venture to invest over SAR 1.3 billion in construction robotics, focusing on automating rebar cage assembly through advanced robotic welding and tying techniques. This technology aims to reduce manual labor by up to 80%, enhance safety and quality, and cut assembly costs by 40%. The project will create over 2,000 skilled jobs and support the construction of major developments like THE LINE in NEOM, aligning with Saudi Arabia's vision to lead in advanced industries and sustainable construction practices.
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Saudi Arabia

  •  December 19, 2024

ASX E-Mobility, through its E-FILL app, has introduced Saudi Arabia's first official EV charging tariff at 0.9 ..Read More

ASX E-Mobility, through its E-FILL app, has introduced Saudi Arabia's first official EV charging tariff at 0.99 halalas per kWh, effective January 2025, promoting transparency and affordability in line with Vision 2030. The app allows users to view costs, locate charging stations, and track charging in real-time, enhancing convenience. Currently offering free charging, ASX aims to foster sustainable mobility with a widespread network and strategic partnerships.
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