ENERGY-
GCS to double manufacturing capacity to 6GW annually: US-based high-performance trackers, racking, and BOS systems manufacturer GameChange Solar (GCS) plans to double its manufacturing capacity in Saudi Arabia to 6 GW annually by September 2025, it said in a press release. “This expansion gives us the capacity to move faster on the large-scale projects coming up in the region,” VP Jason Wang said.
ICYMI- GCS and Chinese renewables firm Jiangsu Zhenjiang New Energy Equipment entered a partnership last year to build a 3 GW capacity tracker manufacturing facility in Dammam, expandable to 5 GW.
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LOGISTICS-
#1- Modon + Panattoni to cooperate on Jeddah warehouses: Saudi Authority for Industrial Cities and Technology Zones (Modon) signed a SAR 100 mn MoU with US-based logistics developer Panattoni to build and operate first-class warehouses on a 50k sqm site in Jeddah, the authority said in a post on X.
ICYMI- Modon attracted over SAR 24 bn in new investments in 2024, up 38% y-o-y. It also signed a total of 10 industrial, investment, and logistics contracts worth SAR 350 mn on the sidelines of the Saudi Food Show earlier this month.
#2- Swissport launched ground handling services for low-cost carrier Air Arabia at 13 Saudi airports simultaneously, according to a press release. The expansion includes major cities such as Riyadh, Jeddah, Dammam, Madinah, Al Qassim, Al Ula, Hail, Al Jouf, Tabuk, Yanbu, Taif, Abha, and Jizan. The company currently handles check-in, baggage, aircraft cleaning, and cargo while considering plans to add aircraft cleaning and lounge operations.
FINANCIAL SERVICES-
GreenstoneSaudi Arabia can now start operating as a manager and arranger in the securities business, after it secured the Capital Market Authority’s (CMA) approval, according to a statement.
AVIATION-
Saudia will begin operating five weekly flights to Italy, connecting Riyadh and Jeddah to Venice starting Friday, 13 June, it said in a post on X. Riyadh will see the departure of three services per week, while Jeddah will serve another two weekly flights.
MEDIA-
Saudi Signs and Rotana Signs launched in-carriage advertisement digital screens in the Riyadh Metro, according to a post on LinkedIn. The integrated digital screen network includes 2.6k digital screens installed in 448 metro wagons — six per wagon — covering 183 trains across all six Riyadh Metro lines, Gulf News reports.
EDUCATION-
London Business School will offer three Executive Education programs during the 2025–2026 academic year in Riyadh, according to a press release. Saudis may choose to enroll in Women Leadership, Leading Teams for Emerging Leaders, and Next Level Leadership at the school’s newly established executive office.