Industry

The Saudi Arabian market for 3D printing devices, services, and supplies is expanding rapidly, driven by advancements in additive manufacturing technology. This technology facilitates the creation of complex and customized components efficiently, supporting Saudi Arabia's Vision 2030 economic diversification goals. By embracing innovative technologies like 3D printing, sectors such as aerospace, healthcare, automotive, and construction are enhancing their manufacturing capabilities....

Saudi Arabia has reported a major increase in potato production, with a 47% rise in 2023, reaching a self-sufficiency level of 86%. The country produced over 621,750 tons of potatoes, a significant jump from 423,770 tons in 2021. This achievement was made possible by cultivating more than 17,000 hectares of land with potatoes in 2023, compared to 15,890 hectares in...

Almarai, a leading dairy and food company in the Middle East, has chosen Swiss packaging systems group SIG as a key partner for its five-year expansion strategy. This decision aims to bolster Almarai's market leadership and drive sustainable innovation. Building on a successful two-decade partnership, Almarai and SIG have introduced numerous product innovations and advanced packaging solutions in the region....

Saudi Arabia's ambitious $500-billion NEOM project has selected Delugan Meissl Associated Architects (DMAA), Gensler, and Mott MacDonald to lead the initial phase of The Line, focusing on planning, design, and engineering. DMAA, an Austrian firm, will spearhead urban design, working with experts in microclimate, ecology, mobility, and sustainability to develop The Line's concept and detailed plans. Saudi Arabia is investing...

The Middle East Paper Company (MEPCO) has announced that its subsidiary, Juthur Paper Manufacturing Company, has entered into a contract with Andritz AG, an Austrian firm. This agreement is for the creation, delivery, and installation of a new tissue production line, known as TM6. The contract's value is capped at 25% of MEPCO's total revenue, according to the most recent...

Jeddah's industrial growth is set to accelerate with the development of 52 ready-built factories, thanks to a partnership between Saudi Arabia's MODON and Oman’s Osara Corp. This collaboration will establish an industrial park over 45,000 sq. meters in Jeddah’s Second Industrial City. This initiative aligns with MODON’s objectives to boost foreign direct investment and support the Kingdom’s Vision 2030. Saudi...

500 Global, a venture capital firm, and Sanabil Investments, owned by the Public Investment Fund, have launched the eighth batch of the Sanabil Accelerator. This initiative focuses on fostering innovation in various sectors such as AgTech, Health Tech, and Fintech, selecting nine promising startups from over 430 applications across the MENA region. The accelerator program supports pre-seed and seed-stage startups...

SABIC, a leader in the chemical industry, has partnered with iyris (formerly RedSea) and Napco National to develop a durable greenhouse roofing solution. This innovation uses certified circular polyethylene from SABIC's TRUCIRCLE portfolio and is part of Saudi Arabia's National Food Production Initiative, aimed at enhancing agricultural sustainability and regional food security. The collaboration involves using SABIC's linear low-density polyethylene...

Mayar Holding Company, based in Saudi Arabia, has revealed that its subsidiary, Gulf Elevators & Escalators Company, is partnering with China's Shenyang Yuanda Intellectual Industry Group. This collaboration aims to establish a new factory for producing elevator and escalator products in Saudi Arabia. Shenyang Yuanda, a leading Chinese firm in the elevator and escalator sector since 2001, will assist Gulf...

Lucid Motors, a Saudi-owned electric vehicle (EV) company, is gearing up for full production at its Jeddah facility, aiming to produce 150,000 cars annually within three years. This expansion plan was confirmed by Rockwell Automation, Lucid's robotics supplier. Initially, the production will serve local markets, but plans are in place to extend distribution across the Middle East and Asia. Ediz...