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Press Dossier   By Date  26/02/2026
Saudi Arabia non-oil exports hit record high, driven by machinery and electrical parts
Saudi Arabia: Saudi Arabia’s non-oil exports have surged to their highest quarterly level since 2017, reaching SR97.5 billion ($25.9 billion) in the fourth quarter of 2025, according to official data.
SAMI CEO: Advancing toward integrated, sovereign Saudi defense industry
Saudi Arabia: Saudi Arabian Military Industries is accelerating its push to deliver its 2030 strategy, aiming to anchor a sustainable national defense base built on deeper localization, advanced technology transfer and development, and an integrated industrial ecosystem spanning Saudi Arabia’s defense and security sectors.
PIF-backed EV maker Lucid hits 16k 2025 deliveries, sets sights on robotaxi deployment
Saudi Arabia: Electric vehicle manufacturer Lucid Group, majority-owned by Saudi Arabia’s Public Investment Fund, announced a surge in deliveries in 2025 with volumes reaching 15,841 units, a 55 percent increase year-on-year.
Lumi Rental profit rises 10% in 2025 on leasing growth, stronger pricing
Saudi Arabia: Saudi Arabia’s Lumi Rental Co. posted a 9.9 percent rise in 2025 net profit to SR198.1 million ($52.81 million) as higher leasing revenue and improved vehicle pricing lifted earnings.
AtkinsRéalis, Futurecity forge partnership to shape the future of Mideast cities
Saudi Arabia: AtkinsRéalis, the global design and engineering consultancy, and Futurecity, the leading cultural placemaking agency, have extended their work together on major projects in the Middle East into a strategic partnership to embed culture and placemaking as a core driver of urban development.
ONEIC lands Sultan Haitham City grid station contract
Oman: Oman National Engineering & Investment Company (ONEIC) has announced that it has secured a RO32 million ( ) contract from Oman Electricity Transmission Company for the construction of a 132/33kV grid station within the mega Sultan Haitham City development in capital Muscat.
Empower awards design contract for Business Bay district cooling plant
United Arab Emirates: Emirates Central Cooling Systems Corporation (Empower) has announced that it has awarded the design contract for the fifth district cooling plant in Business Bay, Dubai. Once operational, the plant will have a production capacity of up to 44,000 refrigeration tons (RT).
QatarEnergy awards EPC contract for 16 MTPA LNG plant
Qatar: QatarEnergy has awarded the engineering, procurement, and construction (EPC) contract for the onshore LNG plant of the North Field West (NFW) project, a key component of the world's largest liquefied natural gas (LNG) expansion.
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