Industry

A new $186 million concrete plant is set to be established as part of the ambitious Neom development in Saudi Arabia's Tabuk Province. This facility will be developed and operated by the Saudi building materials company, Asas Al-Mohileb. The plant aims to produce over 20,000 cubic meters of ready-mix concrete daily. Notably, it will incorporate carbon capture and utilization technology,...

Wardwizard Innovations & Mobility Limited has received a Letter of Intent (LOI) from His Royal Highness Prince Abdulaziz Bin Turki Bin Talal Bin Abdulaziz Al Saud. This agreement aims to establish a Joint Venture in the Kingdom of Saudi Arabia (KSA). As a prominent manufacturer of electric vehicles, known for brands like 'Joy e-bike' and 'Joy e-rik', Wardwizard sold 1,195...

Saudi Arabia is set to host the Multilateral Industrial Policy Forum (MIPF), an important event linked with the United Nations Industrial Development Organisation (UNIDO). Scheduled for October 23-24, the forum will convene in Riyadh. The MIPF will gather a diverse group of international leaders, including ministers, experts in industrial transformation, investors, and researchers. Their focus will be on innovative industrial...

GROHE, a prominent brand in bathroom solutions and kitchen fittings, is set to embark on its inaugural nationwide tour in Saudi Arabia. This initiative, titled the “GROHE Pro Tour,” will serve as a mobile showroom across major cities, showcasing the brand's latest innovations. This tour aligns with Saudi Vision 2030, supporting the Kingdom's focus on economic diversification, sustainability, and innovation...

Wardwizard Innovations, known for its electric vehicle brands 'Joy e-bike' and 'Joy e-rik', reported the sale of 1,195 electric two-wheelers in September 2024. Over the first half of the fiscal year 2024-25, the company sold 7,201 units, including both high-speed and low-speed models. In a significant development, Wardwizard received a Letter of Intent (LOI) from Prince Abdulaziz of Saudi Arabia...

Low-Carbon Concrete Initiative in Saudi Arabia Saudi Arabia is set to welcome its first low-carbon concrete solution through a partnership between the UK’s Next Generation SCM and Nizak Mining Co., a City Cement subsidiary. This joint venture aims to produce sustainable supplementary cementitious materials (SCM) regionally, utilizing advanced technology that requires just one-sixth of the fuel used in conventional cement...

Low-Carbon Concrete Innovation Arrives in Saudi Arabia The UK’s Next Generation SCM has partnered with Nizak Mining Co. to introduce Saudi Arabia's first low-carbon concrete solution. This joint venture will produce sustainable supplementary cementitious materials using advanced technology that dramatically reduces energy consumption and emissions. The innovative process operates at lower temperatures and requires only a sixth of the fuel...

Nizak Mining Company, a subsidiary of Saudi-listed City Cement, has partnered with UK-based Next Generation SCM to produce low carbon concrete in Saudi Arabia. This joint venture (JV) marks the first production of premium calcined clay supplementary cementitious material (SCM) in the country. The JV plans to establish its inaugural factory in Riyadh, targeting production by the third quarter of...

Saudi Arabia's cement and clinker exports surpassed 8.48 million tonnes in 2023, according to the Minister of Industry and Mineral Resources, Bandar Alkhorayef. The country leads the Arab world and ranks 10th globally in cement production, boasting a capacity of over 80 million tonnes annually from its 20 factories. Local cement demand reached approximately 47.3 million tonnes last year. With...

Tetra Pak has been a key player in Saudi Arabia's economic landscape for over four decades, aligning with the nation’s Vision 2030. The company's factory in Jeddah has transformed Saudi Arabia into a central hub for packaging and manufacturing, exporting to 11 Middle Eastern countries. Local production in Saudi Arabia allows Tetra Pak to reduce production times and enhance supply...