More than 200 Russian companies are expected to take part in the upcoming international industrial trade fair “Innoprom Saudi Arabia”, set to take place at Riyadh’s The Arena Venue from February 8 to 10.
Siemens, a industrial technology major, has announced the official opening of its first Siemens Digital Industries Software office in Saudi Arabia, thus marking a significant step in its commitment to supporting the Kingdom's Vision 2030 and its rapidly expanding digital economy.
The World Advanced Manufacturing & Logistics (WAM) Saudi Summit & Expo 2026, officially concluded after three days of high-impact sessions, strategic collaborations and innovative showcases, highlighting the Kingdom’s ongoing industrial transformation led by the Saudi Vision 2030 agenda.
The Saudi Authority for Industrial Cities and Technology Zones (Modon) has sealed an agreement with Medlog, the logistics arm of Mediterranean Shipping Company (MSC), for the establishment of an integrated logistics zone over a 100,000 sq m area in Jeddah.
Kuwait International Bank (KIB) has announced the signing of a strategic co-operation agreement with ACICO Group, a leader in the construction and industrial sectors, to provide affordable financing solutions for citizens to build their residential plot.
Themed “Accelerating West Africa’s Sustainable Industrial Revolution for Economic Prosperity,” West Africa IMT 2026 is positioned as a policy-to-project platform focused on converting regional trade opportunities into factory-level investment, resilient value chains and measurable industrial capacity within the next 12–18 months.
Saleh Abdulaziz Al Rashed & Sons, a leading provider of construction materials, mining and industrial spare-parts solutions based in Saudi Arabia, has set a price range of up to SAR45 ($12) per share for its initial public offering (IPO) and launched the institutional book-building period.
The Arab Shipbuilding and Repair Yard Company (ASRY) has been named the best Ship Repair Yard at the Saudi Maritime Awards 2026 in Jeddah for its leading role in ship repair and maintenance sector as well as for the range of services it provides on par with global technical and operational standards.
Investcorp Capital, a unit of Bahrain-based Investcorp, has announced that it has acquired a diversified portfolio of industrial assets for $400 million. The deal covers properties located across coastal markets in both the eastern and western US.
In a landmark move, the Saudi cabinet, chaired by HRH Crown Prince Mohammed bin Salman, has announced the cancellation of the fees imposed on expatriate labour in industrial facilities, reported SPA. This decision reflects the kingdom’s leadership's ongoing support for the industrial sector.
