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THIS MORNING: Red Sea Film Festival canceled
Plus: Ceer unveils its first two EVs
Al Yamamah Steel leans into power and renewables as the construction pipeline thins
CEO Sahal Al Thobaiti sees a soft market and thin project pipeline, and a diversified revenue base looks well-timed against…
SWA moves to manufacture desalination energy-recovery devices domestically
The SWA partnered with Energy Recovery to build the first non-US ERD manufacturing plant
Saudi IPI rebounds 5.1% in 2025, but the gains are still running on hydrocarbons
The IPI rose by 5.1% y-o-y, with oil activities expanding by 5.4% y-o-y
Spark to get a plug-and-play factory, Asmo eyes build out, doors open at Amaala
The plug-and-play model is an answer to localization mandates tightening around major Saudi tenders
India’s Man Industries pivots to KSA localization with USD 102 mn NPC acquisition
The acquisition gives the Indian pipe manufacturer an immediate shortcut to meet Aramco’s strict local content rules
Lebanon exporters regain access to Saudi market after a five-year hiatus
Some manufacturers rerouted their businesses to neighboring countries, where they could regain access to the Saudi market
First batch of Saudi-made Lenovo devices slated for 2026 release
KSA’s Lenovo facility is expected to run at full capacity before the end of 2026
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