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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

  •  October 01, 2024

Elsewedy Electric PSP Awarded Contract for New 110/33/13.8 kV Substation for National Aquaculture Group in All ..Read More

Elsewedy Electric PSP Awarded Contract for New 110/33/13.8 kV Substation for National Aquaculture Group in Allith City, Saudi Arabia; Project Scope Includes State-of-the-Art Infrastructure and Advanced Systems
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Saudi Arabia

  •  October 01, 2024

ROSHN Secures SAR 9 Billion (USD 2.4 Billion) Syndicated Credit Facility to Support Growth and Expansion Plans ..Read More

ROSHN Secures SAR 9 Billion (USD 2.4 Billion) Syndicated Credit Facility to Support Growth and Expansion Plans Aligned with Saudi Arabia's Vision 2030
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Saudi Arabia

  •  October 01, 2024

Red Sea Global and Marriott International Partner to Open The Ritz-Carlton AMAALA at Triple Bay by 2025, Featu ..Read More

Red Sea Global and Marriott International Partner to Open The Ritz-Carlton AMAALA at Triple Bay by 2025, Featuring 391 Rooms with 80% Water Views, Multiple Culinary Venues, Expansive Event Spaces, and a Design by Foster + Partners Reflecting Al Wajh’s Architectural Heritage
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Saudi Arabia

  •  August 29, 2024

Xendee's advanced modeling and distributed energy expertise have helped NEOM realign its renewable energy stra ..Read More

Xendee's advanced modeling and distributed energy expertise have helped NEOM realign its renewable energy strategy, shifting from centralized power grids to high-efficiency microgrids, incorporating solar, wind, battery systems, and hydrogen fuel cells to power key locations like The Line, Oxagon, and an Archipelago of 10+ islands.
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Saudi Arabia

  •  August 22, 2024

TAQA and JERA Announce Financial Closing of $X Billion Najim Cogeneration Plant in Jubail, Saudi Arabia; New F ..Read More

TAQA and JERA Announce Financial Closing of $X Billion Najim Cogeneration Plant in Jubail, Saudi Arabia; New Facility to Supply 475 MW Power and 452 TPH Steam Using Advanced J-Class Gas Turbine Technology. Project Includes 25-Year Build, Own, Operate Agreement with Potential 5-Year Extension, and Will Support SATORP’s Strategic Expansion with State-of-the-Art Efficiency and Sustainability Features, Including Future Carbon Capture and Hydrogen Cofiring Capabilities
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Saudi Arabia

  •  August 21, 2024

ACWA Power Hosts Groundbreaking Ceremony for $260M Beruniy Wind IPP Project in Uzbekistan; 200 MW Wind Plant a ..Read More

ACWA Power Hosts Groundbreaking Ceremony for $260M Beruniy Wind IPP Project in Uzbekistan; 200 MW Wind Plant and 100 MW Battery Storage System to Generate 800 Million kWh Annually, Save 212 Million m³ of Gas, and Cut CO2 Emissions by 336,000 Tons. Partnership with NEGU Supports Uzbekistan’s Green Energy Goals and Investment Surge, with Completion Expected by Q4 2026
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Saudi Arabia

  •  August 18, 2024

ACWA Power Announces Commercial Operation for 700 MW Ar Rass Solar Plant in Saudi Arabia; Largest PV Project U ..Read More

ACWA Power Announces Commercial Operation for 700 MW Ar Rass Solar Plant in Saudi Arabia; Largest PV Project Under National Renewable Energy Programme, Valued at $450M, Powers 132,000 Homes. ACWA Power Holds 40.1% Stake, with Badeel and State Power Investment Corporation as Key Partners. Project Supports Saudi Arabia’s Goal to Produce 15,000 MW of Clean Energy by 2023 and Contributes to the Kingdom’s Renewable Energy Targets.
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Saudi Arabia

  •  August 15, 2024

Saudi Power Transformers Secures $74.9M Contract with Hyundai Engineering for Jafurah Gas Plant Expansion; 15- ..Read More

Saudi Power Transformers Secures $74.9M Contract with Hyundai Engineering for Jafurah Gas Plant Expansion; 15-Month Deal Covers Design, Manufacturing, and Supply of Power Transformers. Electrical Industries Co. Subsidiary to Deliver Transformers as Part of SAR 281 Million Agreement, Supporting the Kingdom's Major Gas Infrastructure Expansion. The Contract Marks a Significant Step in Enhancing Saudi Arabia’s Energy Sector and Industrial Growth
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