Justin Smith, Managing Director at Ansarada. New research finds EMEA Renewable energy infrastructure investment surges, procurement pressures intensify globally Investment in renewable energy projects in the Middle East has jumped by 28%, year-on-year, according to a new report from Ansarada, a leading M&A and infrastructure procurement platform. Global renewable energy investment has reached US$496 billion, driven increasingly by rising AI compute demand, according to the 2026 Renewable Energy Infrastructure Outlook Report by Ansarada in partnership with Infralogic. The Middle East is gaining momentum as a key growth market, attracting US$12.9 billion in investments in 2025, up from US$10.1 billion…
Author: Editorial Team
Dar wa Emaar Real Estate Development and Investment Company announced the signing of a sponsorship partnership with Al Qadsiah Club, under which it becomes the club’s Official Real Estate Development Partner, with its logo appearing on the sleeves of the club’s kits across the first football team, the women’s team, and Al Qadsiah Academy. This partnership stems from a shared geographical connection and common vision between Dar wa Emaar and Al Qadsiah Club, as both originate from the Eastern Province and share an ambition to contribute to building a more impactful and sustainable future. While Al Qadsiah continues to strengthen…
RIYADH — The Saudi Food and Drug Authority (SFDA) has notified the establishments under its supervision that it will begin classifying violations, penalties and values of fine based on the size of the establishment and its commercial activity. In a recent circular, the SFDA announced an update to its schedule of violations, in accordance with its regulations and the corresponding penalties. This update is based on royal order no. 32043, which pertains to classifying violations, penalties, and fines according to the size of the establishment and its economic activity. The SFDA stated that it aims to achieve compliance and enhance…
RIYADH — The Saudi Land Bridge project has seen significant progress after the Spanish firm Sener won the design contract. The contract was awarded following a competitive bidding process launched by the Saudi Railway Company (SAR) in 2025, with bids being evaluated until the end of last year, according to MEED magazine. The move represents a major milestone in the Kingdom’s railway program, as this reflects a renewed momentum for the long-awaited project, which aims to connect the Red Sea to the Arabian Gulf, thus bolstering the Kingdom’s logistical ambitions within the framework of Vision 2030. The selection of Sener…
Lenovo has announced the official opening of its Middle East, Türkiye and Africa (META) Regional Headquarters in Riyadh (RHQ), marking a strategic milestone in the company’s long-term investment in the Kingdom and its commitment to supporting Saudi Arabia’s Vision 2030 objectives. The official opening was marked by a formal ceremony attended by the Minister of Investment of the Kingdom of Saudi Arabia, His Excellency Mr. Fahad bin Abduljalil Al‑Saif, alongside senior government officials, strategic partners, and Lenovo leaders. His Excellency Mr. Fahad bin Abduljalil Al‑Saif, Minister of Investment of the Kingdom of Saudi Arabia, stated: “Lenovo’s decision to establish its…
Cumulocity, a global leader in industrial AIoT, has signed a strategic partnership agreement with Aramco Digital to expand the deployment of its enterprise-grade platform across the region. By combining a mature, scalable industrial AIoT platform with strong regional integration capabilities, the partnership is designed to accelerate production-ready deployments across asset-intensive industries. The partnership is already being operationalized through its first deployment, with Aramco Digital implementing Cumulocity as the core platform for an advanced fleet management program supporting Aramco’s operations in the Kingdom. The deployment signals a broader acceleration of industrial digitalization across the region, enabling scalable, real-time visibility and intelligent…
RIYADH — The Future Investment Initiative (FII) Institute announced on Wednesday that FII PRIORITY Europe Summit will take place in Rome, capital of Italy, from June 17 to 19, 2026. Global leaders will gather together to brainstorm a defining question for the continent’s future: how capital can secure Europe’s competitiveness, resilience, and strategic autonomy in a rapidly changing world? Under the theme “Europe Reimagined: Capital, Sovereignty & Strategic Autonomy,” FII PRIORITY Europe 2026 will bring together policymakers, investors, innovators, and decision-makers to examine how capital, industrial policy, and cross-border collaboration can strengthen Europe’s long-term position across energy, technology, security, and…
MAKKAH — The Makkah region police arrested an Egyptian resident for offering fraudulent Hajj services. The arrest was made after he was found involved in posting advertisements on social media offering fake permits to enter the holy sites. Legal action was taken against him and he was referred to the Public Prosecution. The General Directorate of Public Security urged Saudi citizens and expatriates to adhere to Hajj regulations and guidelines and to report about violators by calling over the number 911 in the regions of Makkah, Riyadh, Madinah, and Eastern Province, or 999 in other regions of the Kingdom. Source:…
The Ministry of Islamic Affairs, Dawah and Guidance achieved notable accomplishments in volunteer work programs during the first quarter of 2026, with active participation from its branches across the Kingdom. The ministry stated that the total number of volunteer opportunities reached 18,570, with 203,823 male and female volunteers participating. They contributed a total of 15,451,732 volunteer hours, generating an economic return exceeding SAR138 million; an indicator reflecting the expanding scope of volunteer work and its growing societal impact. It also noted that these efforts coincided with the month of Ramadan, during which volunteer activities included cleaning, sanitizing, and perfuming mosques, organizing and…
You’ve seen it a thousand times on postcards and hotel campaigns, that unmistakable white sail rising from the ocean. But Burj Al Arab has always been more than its silhouette. It is a building that, in the 1990s, catapulted Dubai onto the global luxury map and announced its arrival on the world stage. Over the years, it has become synonymous with the city’s growth story, an early and enduring testament to Dubai’s steadfast ambition. With the announcement of its closure for an 18-month restoration, it feels like a fitting moment to revisit the quirks, engineering gambles and design choices that…