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February 21, 2025
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Saudi Arabia

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GE Vernova secures milestone gas turbine and services order for Taiba 1 and Qassim 1 power plants in Saudi Arabia

GE Vernova, Inc. (“GE Vernova”) (NYSE: GEV) today announced it has secured an order for six 7HA.03 gas turbines and two 7E.03 gas turbines from the engineering, procurement, and construction (EPC) company SEPCOIII Electric Power Construction Co., Ltd. (SEPCOIII), for two new power plants: Taiba 1 located in the western region of Saudi Arabia, around […]
Automotive Saudi Arabia

Ceer And Hyundai Transys In $2-Billion Deal For Electric Vehicle Drive Systems

For Saudi Arabia’s Home Produced EVs Ceer, Saudi Arabia’s first and only electric vehicle (EV) brand and original equipment manufacturer (OEM), has signed a $2.19 billion (SAR 8.2 billion) agreement with South Korea’s Hyundai Transys for the supply of cutting-edge Electric Vehicle Drive Systems (EDS) by the year 2027. The strategic partnership between Ceer and […]
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JAGGAER addresses priorities for CPOs at a series of industry roundtables in Saudi Arabia and the UAE

JAGGAER, the global leader in strategic sourcing and procurement, has held a series of roundtables in Saudi Arabia and the UAE to address the top priorities for Chief Procurement Officers (CPOs). The events brought together key industry leaders to discuss the strategies for navigating the evolving landscape of procurement and supply chain management. During the […]
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MSA Novo, King Abdullah University of Science and Technology (KAUST) Sign MoU to Drive Innovation and Growth in Saudi Arabia

In a significant move to bolster the Saudi start-up ecosystem, MSA Novo has signed a memorandum of understanding (MoU) with King Abdullah University of Science and Technology (KAUST). This partnership underscores MSA Novo’s commitment to fostering innovation and entrepreneurship in Saudi Arabia. “This strategic collaboration will leverage our global network and KAUST’s
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Project Management Institute (PMI ) at the Global Project Management Forum in support of Saudi Vision 2030

Project Management Institute (PMI), the world’s leading authority for project professionals, plays an integral role in Saudi Arabia’s vibrant project management landscape. With the Kingdom on an economic overdrive following the announcement of their ambitious Saudi Vision 2030, PMI is tasked with equipping the national Saudi workforce with the requisite skills to
Saudi Arabia Space

Saudi Arabia Establishes Neo Space Group

Targeting Satellite And Space Industries Saudi Arabia’s Public Investment Fund (PIF) sovereign wealth fund has announced the establishment of Neo Space Group (NSG), a wholly-owned subsidiary poised to elevate Saudi Arabia’s presence in the satellite and space sector. NSG will serve as a national champion, driving the advancement of commercial satellite operations
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Shipsy to go Bullish on Saudi Arabia’s USD 13 Billion Warehousing Market with its Cutting-Edge WMS

Shipsy, a leading SaaS-based AI-powered supply chain orchestration and execution platform provider, recently highlighted its plan to go bullish with its Warehouse Management System (WMS) offering in the GCC and KSA region. In October last year, Shipsy acquired Stockone, a cloud-based WMS that specialises in enabling manufacturers, pharmaceutical businesses, retailers, and
Aviation Saudi Arabia

Saudia Group Orders 105 Airbus A320neo Aircraft

To Meet Rising Passenger Demand Saudia Group, represented by Saudia and Flyadeal, has ordered 105 Airbus A320neo aircraft. The order, confirmed at the Future Aviation Forum in Riyadh, signifies a significant stride in the Arabian Gulf state’s pursuit of aviation goals. The undisclosed amount order encompasses 12 A320neo and 93 A321neo aircraft, catapulting Saudia