Saudi Arabia

Deals/Contracts/Partnerships

• 1

  Accenture wins mega digital consulting contract with Saudi Aramco which is planning to invest $1.9 billion in digital transformation over the next three years, making it its biggest investment in digital to date.

  Q1(Jan-Feb-Mar), 2023

• 2

  Ricardo will be continuing to provide key air quality monitoring and data analysis in the Middle East with a new three-year agreement. Working in collaboration with air monitoring equipment supplier, Envirozone LLC, Ricardo will quality assure, audit and ratify data from a world class monitoring network in Saudi Arabia’s capital for the Royal Commission for Riyadh City (RCRC).

  Q4(Oct-Nov-Dec), 2021

EIIR Provider Solutions/Capabalities

• 1

  JAGGAER Opens Office in Riyadh to Support Saudi 2030 Vision

  Q1(Jan-Feb-Mar), 2022

• 2

  Schneider Electric and AVEVA Partner with Obeikan Digital Solutions to Deliver Industry 4.0 Technologies in Saudi Arabia

  Q2(Apr-May-Jun), 2021

• 3

  Aramco and Cognite will establish a new company that will focus on digitalization in Saudi Arabia and the broader Middle East and North Africa region.

  Q4(Oct-Nov-Dec), 2020

• 4

  Aramco to bring Google Cloud Services to Saudi Arabia

  Q4(Oct-Nov-Dec), 2020

• 5

  MenaBev, a multinational franchise organization of PepsiCo in Saudi Arabia, has implemented Infor WMS warehouse management solution. MenaBev’s facility is the largest operation of its kind in the world.

  Q4(Oct-Nov-Dec), 2020

• 6

  MenaBev, a multinational franchise organization of PepsiCo in Saudi Arabia, has implemented Infor WMS warehouse management solution. MenaBev’s facility is the largest operation of its kind in the world.

  Q4(Oct-Nov-Dec), 2020

EIIR Buyer GIC/R&D Best Practices/Solutions

• 1

  SEHA Virtual Hospital in Saudi Arabia is the biggest virtual hospital in the world.

  Q1(Jan-Feb-Mar), 2023

• 2

  Ceer, the first Saudi electric vehicle brand, is launched. It is a JV between Saudi Public Investment Fund (PIF) and Foxconn.

  Q4(Oct-Nov-Dec), 2022

• 3

  Johnson Controls inaugurated its YORK Manufacturing Complex in Saudi Arabia. This is also the largest in Africa, South Asia, Latin America and Europe. In addition, it is the company?s only factory equipped with its Open Blue research and development cente

  Q4(Oct-Nov-Dec), 2022

• 4

  Chinese EV startup Enovate to assemble EVs in Saudi Arabia. Plans for 100,000 unit assembly plant. JV?s US$500m cost would also include an R&D centre.

  Q4(Oct-Nov-Dec), 2022

• 5

  US firm Resecurity opens new AI-driven R&D centre in Saudi Arabia. The new R&D centre in Riyadh will focus on security innovations for smart cities and cognitive surveillance technologies.

  Q1(Jan-Feb-Mar), 2022

Other News

• 1

  Hyundai has agreed to help nurture Saudi Arabia?s nascent automotive industry. They signed a MOU to advance automotive production in the kingdom.

  Q1(Jan-Feb-Mar), 2023

• 2

  Mitsubishi Fuso announced that local assembly of its Canter light truck had begun at a facility operated by National Automobile Industries, a joint venture between local distributor Juffali Commercial Vehicles and Daimler Truck in Saudi Arabia.

  Q1(Jan-Feb-Mar), 2023

• 3

  stc and Ericsson partner to recycle decommissioned electrical equipment as part of the Ericsson Product Take-Back Program.

  Q1(Jan-Feb-Mar), 2023

• 4

  Collins Aerospace signs MoU with Saudi Arabian firm SRB Aerial Systems to support development of unmanned aerial systems and robotics in Saudi Arabia.

  Q1(Jan-Feb-Mar), 2023

• 5

  Collins Aerospace signs MoU with Saudi Arabian firm SRB Aerial Systems to support development of unmanned aerial systems and robotics in Saudi Arabia.

  Q1(Jan-Feb-Mar), 2023

• 6

  Saudi Arabia launches new airline ?Riyadh Air?, aims to connect 100 destinations. The airline is expected to add USD 20 billion to non-oil GDP growth and create more than 200,000 direct and indirect jobs.

  Q1(Jan-Feb-Mar), 2023

• 7

  New Saudi Arabian Carrier Riyadh Air to Launch with All-Boeing Fleet of up to 72 787-9 Dreamliners

  Q1(Jan-Feb-Mar), 2023

• 8

  BNY Mellon expands collaboration with SNB Capital to launch transformative data management solution in Saudi Arabia

  Q2(Apr-May-Jun), 2022

• 9

  Hyundai Motor Group to Collaborate with Aramco and KAUST on New E-fuel Development to Support Clean Mobility

  Q1(Jan-Feb-Mar), 2022

• 10

  Abengoa advances in the commissioning of the Rabigh 3 desalination plant and produces its first desalinated water in Saudi Arabia

  Q4(Oct-Nov-Dec), 2021

• 11

  Exeed, a SUV brand under Chinese automaker Chery, is set to debut in the Middle East region. Saudi Arabia, UAE, Iraq, Kuwait, Qatar and Bahrain will be the first among many to welcome the new addition.

  Q4(Oct-Nov-Dec), 2021

• 12

  Expat worker reforms in Saudi Arabia. Dubai, Singapore, Saudi Arabia are all doing expat worker reforms to attract and retain expat talent.

  Q1(Jan-feb-Mar), 2021

• 13

  Nokia and Mobily extend managed services partnership in Saudi Arabia

  Q1(Jan-feb-Mar), 2021

• 14

  Nokia and Zain KSA smarten up Saudi homes and offices with 5G-powered FWA and Wi-Fi 6

  Q1(Jan-feb-Mar), 2021

• 15

  Saudi Arabia announced that by 2024 its government would cease doing business with any international companies whose regional headquarters were not based within the kingdom. It will drastically impact Dubai. Another geopolitical event which will impact business locations decisions.

  Q1(Jan-feb-Mar), 2021

• 16

  Aramco announced the expansion of its flagship program to increase local content and boost domestic supply chains.These strategic collaborations with companies such as Shell POSCO pave the way for the launch of new businesses across multiple innovative growth sectors, including steel plate manufacturing, industrial 3D printing, digital equipment manufacturing, energy management and control; catalyst manufacturing and recycling, and advanced chip and smart sensor manufacturing.

  Q4(Oct-Nov-Dec), 2020

• 17

  Nokia and stc launch the operation of Technology Innovation Center to stimulate innovation.

  Q4(Oct-Nov-Dec), 2020

• 18

  TAWAL Selects Nokia Full Turnkey Services for 5G Expansion

  Q4(Oct-Nov-Dec), 2020

Previous Data

• 1

  Aramco in partnership with SABIC have successfully demonstrated the production and shipment of blue ammonia from Saudi Arabia to Japan with support from the Japanese Ministry of Economy, Trade and Industry. Forty tons of high-grade blue ammonia have already been dispatched to Japan for use in zero-carbon power generation.

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