Thursday, May 22, 2025

Industry

Industrial Innovation at Riyadh International Industry Week 2025

Industrial Innovation at Riyadh International Industry Week 2025

Riyadh International Industry Week 2025 brought together industry leaders and experts to discuss the future of manufacturing and industrial innovation in Saudi Arabia. Held at the International Convention and Exhibition Center, the event focused on emerging trends, sustainable development, and the adoption of advanced technologies. Key sessions addressed the rapid transformation of the Kingdom’s industrial infrastructure, with Khalid Al-Hajri, Vice...

Industrial Advancement in Saudi Arabia Drives Investment

Saudi Arabia’s push for industrial advancement and modern technology is unlocking major opportunities for investment and economic expansion, according to industry leaders at the Riyadh International Industry Week 2025. The event brought together four major trade shows—Saudi Plastics and Petrochemicals, Saudi Printing and Packaging, Smart Manufacturing, and Saudi Smart Logistics—highlighting the Kingdom’s growing role in global industry. Kevin Lang, general...

Precast Concrete Market Growth in Saudi Arabia

Saudi Arabia’s precast concrete market is experiencing robust growth, driven by major infrastructure investments, rapid urbanization, and a shift toward efficient construction methods. According to IMARC Group, the market reached $1.2 billion in 2024 and is projected to double to $2.5 billion by 2033, with a compound annual growth rate of 7.6% expected between 2025 and 2033. This expansion is...

Saudi Arabia’s AI Ambitions: Humain Leads Innovation Drive

His Royal Highness Crown Prince Mohammed bin Salman has announced the launch of Humain, an ambitious artificial intelligence company under the Public Investment Fund, aimed at establishing Saudi Arabia as a global leader in AI. According to an official press statement, Humain will focus on developing advanced AI technologies, next-generation data centers, and robust cloud infrastructure. A major goal is...

Hyundai Manufacturing Plant Middle East: New Era Begins

Hyundai Manufacturing Plant Middle East: New Era Begins

Hyundai has started building its first manufacturing plant in the Middle East, choosing King Abdullah Economic City on Saudi Arabia’s Red Sea coast as the location. The new facility, called Hyundai Motor Manufacturing Middle East (HMMME), is part of the King Salman Automotive Cluster, according to Hyundai. This project is a collaboration between South Korea’s Hyundai and Saudi Arabia’s Public...

Saudi Arabia Lighting Market: LED Trends & Forecast 2024-2033

The Saudi Arabia lighting market is set for notable expansion, driven by rapid urbanization, infrastructure development, and evolving consumer preferences. According to IMARC Group, the market was valued at USD 1.3 billion in 2024 and is forecast to reach USD 2.1 billion by 2033, with an annual growth rate of 5.05% from 2025 to 2033. LED lighting is leading this...

Generative AI Market Growth in Saudi Arabia: 2024–2033 Outlook

Saudi Arabia's generative AI market is poised for rapid growth, driven by strong government backing and increasing investment in digital innovation. According to IMARC Group, the market was valued at $135.5 million in 2024 and is projected to reach $579.8 million by 2033, with an expected annual growth rate of 17.5% from 2025 to 2033. The Kingdom's commitment to digital...

Saudi Aviation Training Boost: IATA Partners for Workforce Skills

The International Air Transport Association (IATA) has announced new partnerships with Saudi airlines, airports, and educational institutions to enhance workforce skills in the aviation sector. These agreements, revealed at IATA’s Aviation Day MENA conference, are set to provide advanced training for over 1,000 Saudi aviation graduates and professionals, focusing on airport development, safety, airline management, and ground operations, according to...

Industrial Collaboration: Saudi Arabia & Denmark Forge Ties

His Excellency Bandar Al-Khorayef, Saudi Arabia’s Minister of Industry and Mineral Resources, is visiting Denmark to strengthen industrial ties and explore collaborative investment opportunities between the two nations. During his trip, His Excellency toured Novo Nordisk, a leading pharmaceutical company in diabetes care, where he reviewed advanced insulin and biopharmaceutical production techniques. He emphasized the strategic partnership between Novo Nordisk...

Saudi Airport Transformation: Vision 2030 Redefines Aviation

Saudi Arabia is transforming global air travel with its ambitious new airports, setting a new benchmark for innovation, sustainability, and passenger experience. Driven by Vision 2030, the Kingdom’s aviation initiatives are not just building new terminals—they are reshaping the entire industry. King Salman International Airport in Riyadh is set to become one of the world’s largest, covering 57 square kilometers...

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