Industry

South Korea and Saudi Arabia agreed to broaden industrial cooperation as both countries align around Riyadh’s Vision 2030. Talks in Seoul focused on shipbuilding, automobiles, artificial intelligence, and support for South Korean firms operating in the kingdom. South Korea’s Deputy Minister of Trade, Industry and Energy Moon Shin-hak met with His Excellency Abdullah bin Ali Al-Ahmari, Deputy Minister of Industry...

Saudi Arabia is accelerating plans to build an electronics manufacturing base to diversify the economy, create jobs, and grow non-oil exports. Central to the push is ALAT, a Public Investment Fund – controlled company with a planned $100 billion program, according to company statements. ALAT has partnered with China’s Lenovo to assemble PCs in the kingdom, tied to a $2...

Emdad Industries, the industrial arm of Egypt’s El Tholathia Group, has entered a strategic partnership with Saudi Arabia’s EMC Company to drive joint investments in industry and advanced manufacturing. The agreement was announced at the Third Saudi International Iron and Steel Conference 2025. The plan includes two integrated industrial complexes: one in Egypt’s 10th of Ramadan City and another in...

Siemens Mobility has opened a new office in Riyadh to deepen its role in Saudi Arabia’s smart, sustainable transport agenda under Vision 2030 and the Saudi Green Initiative. The expansion follows last year’s appointment of Frank Hagemeier as CEO for Saudi Arabia, underscoring long-term investment in local talent and jobs. Hagemeier said the Riyadh office will bring Siemens Mobility closer...

Kyndryl and Auj have formed a strategic partnership to speed up digital transformation across Saudi Arabia’s aviation sector, unveiled at the World Aviation Festival in Lisbon. Saudi aviation is expanding rapidly under Vision 2030. The industry contributed $53 billion (≈ SAR 198.8 billion) to the economy in 2023 and is targeting 330 million passengers annually by 2030, according to the...

Saudi Arabia has launched a high-level industrial mission to Germany, led by His Excellency Bandar Alkhorayef, Minister of Industry and Mineral Resources, to participate in K Show 2025 in Düsseldorf. The visit targets deeper industrial cooperation, technology transfer, and quality investment aligned with Saudi Vision 2030, according to the Ministry of Industry and Mineral Resources. His Excellency Bandar Alkhorayef will...

Aluminium Products Company (ALUPCO) and Asia Aluminum Group (AAG) have agreed to form three joint ventures to establish Saudi Arabia’s largest integrated downstream aluminum hub, according to Media OutReach Newswire. The plan includes AAG member companies AluHouse and MacMetal and carries a total investment of up to US$500 million. The complex in Riyadh will span 1.5 million m² and roll...

Saudi German Nonwovens (SGN), based in Dammam, Saudi Arabia, has reinforced its global position with the launch of a fifth production line at its Rabigh facility. According to company data, this expansion has elevated SGN’s 2024 nonwovens sales to $140 million. Led by President Haitham Al Hudhaif, with manufacturing sites in Dammam and Rabigh, and logistics centers in Belgium and...

Saudi Arabia’s launch of Allam, its first Arabic large language model, marks a significant move toward developing homegrown artificial intelligence tailored for the Arab world. This initiative demonstrates the Kingdom’s ambition to create technology that understands regional language and culture, rather than relying solely on imported solutions. Experts emphasize that Allam’s debut is only the beginning. The true success of...

The European Union’s Ambassador in Riyadh, Christophe Farnaud, announced that more than 2,500 companies from the 27 EU member states are now active in Saudi Arabia, according to Al-Eqtisadiah newspaper. These firms operate in sectors such as energy, manufacturing, infrastructure, digital transformation, green technologies, and logistics. Ambassador Farnaud emphasized that economic ties between Saudi Arabia and the EU are growing,...