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News & Activities in Saudi Arabia and the Middle East Region
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SABIC

  • By combining PC glazing with lighting technologies, SABIC is developing car windows with integrated lighting to enhance safety and styling. Plasteurope.com. 27-1-16.

  ENERGY

  • The market for industrial gases in Saudi Arabia is anticipated to exceed $1.6bn by 2021 due to growing demand. Saudi Gazette. 3-2-16
  • King Abdullah City for Atomic and Renewable Energy (KA-CARE) and the Asir Governorate are working closely to convert solid waste to green energy that can be used to produce electricity. Arab News. 8-2-16

  CONSTRUCTION

  • The Saudi Green Building Forum believes that about 50% of current green building projects across the Kingdom face delays. Arab News. 8-2-16
  • King Abdullah Economic City awarded a $65-million contract for infrastructure and landscaping at its upcoming residential development. Trade Arabia. 7-2-16
  • Saudi Aramco and the National Shipping Company of Saudi Arabia (Bahri), among others, are engaged in the joint development of a new maritime complex in Saudi Arabia. Trade Arabia. 27-1-16

  AUTOMOTIVE

  • Saudi Arabia will pay $60 million to purchase several armored vehicles from Georgia’s State Military Scientific-Technical Center ‘Delta’. APA. 26-1-16

  CONSUMER

  • A recent university study found that about 90% of drinking water bottling plants in the KSA violate hygiene rules and have untrained workers. Al Bawaba. 4-2-16
  • Dubai-based Majid Al Futtaim will invest $3.7bn to build two malls in Riyadh—one of which will be the largest in the KSA and feature an indoor snow skiing slope. Arabian Business. 8-2-16

TRADE & FOREIGN DIRECT INVESTMENT

  • Major commercial property firms are looking to build their presence in Saudi Arabia as oil prices force a shift in the country’s economy. The Real Deal. 3-2-16
  • Lockheed Martin and Advanced Electronics have opened the first Sniper® advanced targeting pod repair support center in Saudi Arabia, creating jobs and expanding the local manufacturing base in the KSA. C4ISR & Networks. 2-2-16
  • The World Bank and the Saudi Commission for Tourism and National Heritage are teaming to promote investments for the rehabilitation of historic city centers in the Kingdom. Al Bawaba. 4-2-16
  • Saudi Arabian Airlines (Saudia) received its first Boeing Dreamliners as part of expansion plans to increase its fleet from 119 to 200 planes by 2020. Gulf Business. 3-2-16

UPCOMING & RELEVANT EVENTS/FORUMS/SUMMITS: