Unveiling a New Era: METCO's Strategic Agreements at the World Defense Show

In a groundbreaking move, METCO, a prominent Saudi-based integrated solutions and services group, has solidified its commitment to the localization of defense and security capabilities. During the prestigious World Defense Show held in Riyadh, Saudi Arabia, METCO signed strategic localization agreements that align seamlessly with Saudi Arabia's Vision 2030 and its overarching national industrial and defense priorities. These agreements signal a significant step forward in supporting local supply chains and enhancing the domestic production of military industries.

The General Authority for Military Industries backs these initiatives, demonstrating a commitment to not only strengthen local supply chains but also to increase local content in military industries. Such efforts are crucial for fostering sustainable industrial development in this vital sector. By collaborating with local companies, METCO aims to facilitate the development, manufacturing, and support of products and services tailored for military and security entities. Consequently, this strategy promotes a robust partnership between local firms and international technology providers.

Building Bridges: METCO's International Collaborations

METCO's long-term strategy extends beyond national borders, as it actively seeks international partnerships to bolster the localization of defense and security capabilities in Saudi Arabia. Among the most noteworthy collaborations is the agreement with **Teledyne FLIR**, aimed at localizing mobile surveillance and monitoring capabilities. Additionally, the partnership with **Smiths Detection** focuses on enhancing the localization of advanced X-ray screening systems powered by artificial intelligence to effectively identify potential threats.

Moreover, METCO has also established a collaboration with **Destinus**, which was signed prior to the World Defense Show. This partnership is set to support the localization of unmanned aerial systems and their related capabilities. Collectively, these agreements not only emphasize local integration and industrial participation but also prioritize workforce development and operational readiness. As a result, these initiatives play a pivotal role in safeguarding critical infrastructure, borders, and high-security environments across the Kingdom.

METCO's recent agreements at the World Defense Show epitomize a transformative approach to localizing defense capabilities in Saudi Arabia. By merging global expertise with local execution, METCO forges a path toward sustainable industrial growth while enhancing national security resilience. As Saudi Arabia continues to invest in its defense sector, METCO stands as a trusted partner, ensuring compliance and fostering innovation in the realm of military and security solutions.

Cash Flow and Corporate Growth: Saudi Cement's Dividend Proposal

In a significant move that reflects the financial health of the company, the board of Saudi Cement Company has proposed a cash dividend payout during their meeting on February 15, 2026. This decision not only highlights the company’s commitment to returning value to its shareholders but also underscores its strong performance in the previous fiscal year. Specifically, the company plans to disburse SAR 122.40 million for 153 million eligible shares, translating to a payout of SAR 0.80 per share, or 8% of the par value.

Transitioning from past performances, Saudi Cement previously distributed SAR 153 million in cash dividends for the first half of 2025, equating to SAR 1 per share. This proposal for the second half of 2025 signifies a total dividend payout of SAR 306 million for the entire year, showcasing the company's robust financial strategy. With these dividends, investors can expect not only to be rewarded for their trust but also to witness the ongoing growth and stability of Saudi Cement in the competitive market.

Looking Ahead: What This Means for Investors

As the eligibility and distribution dates for the second half of 2025 will be announced later, investors eagerly await further details. The consistent dividend payouts signal a promising trajectory for Saudi Cement and reflect its operational efficiency and market positioning. Moreover, by maintaining a steady payout ratio, the company reassures its stakeholders about its commitment to sustainable growth.

The proposed cash dividend is more than just a financial transaction; it represents Saudi Cement’s dedication to fostering investor confidence and ensuring long-term profitability. As the company continues to navigate the evolving landscape of the construction materials sector, stakeholders can rest assured that their investments are in capable hands. Thus, this strategic approach not only benefits shareholders but also reinforces the company’s overall market presence.

Driving Change: The TASARU Supplier Hub Revolutionizes Automotive Manufacturing in Saudi Arabia

A New Era for Automotive Manufacturing

In a groundbreaking announcement during the 4th edition of the PIF Private Sector Forum, the TASARU Supplier Hub has emerged as a beacon of innovation in Riyadh, Saudi Arabia. This ambitious initiative, orchestrated by TASARU Mobility Investments, is set to redefine the landscape of the national automotive ecosystem. By partnering with five global Tier-1 critical suppliers, TASARU aims to localize manufacturing operations within the Kingdom, marking a significant milestone that reinforces Saudi Arabia's ambitions to become a competitive industrial hub.

Transitioning from a reliance on imports to fostering homegrown production, the TASARU Supplier Hub is not merely an industrial complex; it is a catalyst for economic diversification. Michael Mueller, the Chief Executive Officer of TASARU Mobility Investments, encapsulates this vision perfectly. He states, "TASARU Supplier Hub is the manifestation of Saudi Arabia’s industrial aspiration." This bold statement underscores the Kingdom's commitment to not only participating in the global automotive race but also laying down the tracks for future success.

Building a Collaborative Ecosystem

At the heart of the TASARU Supplier Hub lies a shared infrastructure model that promotes collaboration across the automotive supply chain. The presence of world-leading manufacturers such as Shin Young, JVIS, BENTELER, Fangxin, and Lear Corporation will undoubtedly transform the region. These partners will localize the production of critical components, from metal stamping to interior systems, thereby reducing dependency on international supply chains and enhancing local capabilities.

Moreover, the strategic location within MASARAT Mobility Park, part of the King Salman Automotive Cluster in King Abdullah Economic City (KAEC), provides vital access to port infrastructure and road connectivity. This advantageous positioning streamlines operations and regulatory facilitation, paving the way for a robust automotive production ecosystem. As the Kingdom strengthens its foundation for talent development and private sector participation, the TASARU Supplier Hub promises to unlock broader investments and drive production scale, ultimately contributing to the Kingdom’s local content goals.

The TASARU Supplier Hub exemplifies Saudi Arabia's commitment to innovation and industrial growth. As the Kingdom charts its course towards becoming a global automotive leader, this initiative stands as a testament to its unwavering resolve to build a sustainable and resilient industrial future.