Showing posts with label Dammam. Show all posts
Showing posts with label Dammam. Show all posts

Bridging Trust and Investment: A New Era with AmanaVest


In the ever-evolving landscape of global investment, **AmanaVest** has emerged as a beacon of opportunity. Launched by ShaikhTech, this platform aims to connect investors with curated real estate ventures in **Riyadh, Saudi Arabia**. The name itself—drawing from the Arabic word 'Amana,' meaning trust—reflects the core values of transparency and responsibility that underpin this innovative investment access platform. As the world watches Saudi Arabia's real estate market open up, AmanaVest stands as a crucial facilitator for individuals and institutional investors alike.

A Groundbreaking Launch at the Real Estate Future Forum

The official unveiling of AmanaVest took place at the prestigious **2026 Real Estate Future Forum** in Riyadh, a gathering that showcases the future of real estate on a global scale. Zeeshan Shaikh, the visionary CEO of ShaikhTech, delivered an impactful announcement, emphasizing the platform's alignment with Saudi Arabia's evolving investment landscape. This launch comes in response to the newly issued Saudi foreign property ownership regulations, allowing for greater accessibility and participation from international investors.

The invitation-only beta phase of AmanaVest offers a unique opportunity for Founding Members, granting them early access and long-term benefits as the platform grows. This selective approach not only fosters quality but also ensures that the platform remains aligned with its foundational principles. As AmanaVest begins its operations focusing on key cities such as **Madinah** and **Riyadh**, the anticipation builds for future expansions into other significant locations, including **Makkah**, **Jeddah**, and **Dammam**.

Empowering Investors with Innovative Tools

AmanaVest is not just another investment platform; it is a technology-enabled discovery and facilitation hub designed with the modern investor in mind. The platform’s comprehensive suite of search and discovery tools allows users to explore investment opportunities by city, asset type, and investment profile—all within a secure, invitation-based environment. Each opportunity presented on AmanaVest adheres to Sharia-compliance, aligning with Islamic finance principles, thereby catering to a diverse global investor community.

Moreover, AmanaVest's infrastructure facilitates seamless engagement between real estate promoters and investors, ensuring transparent documentation and structured transaction workflows. Investors can take advantage of digital investment tools, including interactive maps and secure virtual deal rooms that create a controlled environment for negotiations. This innovative approach not only enhances accessibility but also builds trust among participants, essential in today’s complex investment climate.

As Saudi Arabia embarks on this historic journey of opening its real estate market, platforms like AmanaVest are poised to play a pivotal role. By fostering connections between global capital and the Kingdom’s robust development story, AmanaVest offers a unique opportunity for investors to thrive in one of the world's most dynamic markets. For those keen on exploring the possibilities, the first step towards becoming a Founding Member can be initiated by visiting [www.AmanaVest.com](http://www.AmanaVest.com). 

AmanaVest embodies a new chapter in investment access, where trust, transparency, and innovative technology converge to create a brighter future for real estate investment in Saudi Arabia.

Driving the Future: How Rockwell Automation and Lucid Are Powering Saudi Arabia’s EV Revolution


A Landmark Partnership in Dammam

Nestled within the dynamic industrial landscape of *Dammam, Saudi Arabia*, a groundbreaking collaboration is unfolding. **Rockwell Automation, Inc.**, the world’s largest company dedicated to industrial automation and digital transformation, has deepened its partnership with **Lucid**, the maker of the world’s most advanced electric vehicles. This alliance is more than a business deal—it’s a stride into the future of sustainable mobility.  

Transitioning from concept to reality, Lucid’s expanding manufacturing facility in **King Abdullah Economic City (KAEC)** marks a historic milestone: **the first vehicle manufacturing site in the Kingdom of Saudi Arabia**. With Rockwell Automation's cutting-edge **FactoryTalk® MES software**, Lucid will integrate real-time visibility, traceability, and control across critical production areas—assembly, paint, stamping, body, and powertrain. This pipeline of efficiency will help propel the creation of mid-size electric vehicles while meeting global supply chain and local compliance standards. 

Igniting Vision 203 with Innovation

In perfect alignment with Saudi Arabia’s ambitious **Vision 2030**, this partnership stands as a beacon of innovation and industrial progress. With an unwavering focus on operational excellence, **Rockwell Automation’s** software is set to enhance production capacity, elevate quality benchmarks, and scale output efficiently. According to Ahmad Haydar, Rockwell Automation’s country leader in Saudi Arabia, this is “a proud moment” that reinforces the company’s dedication to workforce development and the nurturing of local talent.  

Beyond software, Rockwell's presence in Saudi Arabia includes **instructor-led and virtual training programs** tailored to equip Saudi professionals with cutting-edge electric vehicle manufacturing skills. These programs will cultivate a highly skilled workforce, ensuring long-term sustainable industrial growth. As Faisal Sultan, Lucid’s Middle East president, expressed, this collaboration extends far beyond machinery—it’s an enduring relationship built on trust, innovation, and the shared vision of bringing world-class EV manufacturing to the region.  



This powerful fusion of advanced automotive engineering and smart industrial automation is more than an isolated achievement—it’s a **statement to the world that Saudi Arabia is charging forward into the future of mobility.


Champions of Comfort & Performance: Haier’s Premium Sports Celebration in Dammam


A Sporting Spectacle Meets Technology

In Dammam, Saudi Arabia, the excitement is palpable as Haier Group — the world's leading IoT ecosystem brand — hosts a **Global Premium Sports Event** from **January 12 to 16**. Centered around the vibrant theme *“PLAY WITH THE NUMBER ONES”*, this event blends the thrill of sports with cutting-edge technological innovation.  
Partnering with local favorites **Al Hilal Saudi Football Club** and the globally renowned **Liverpool Football Club**, Haier has transformed Corniche Square in Al Khobar, Dammam, into a lively hub where passion for the game meets lifestyle convenience. Visitors will not only witness inspiring sports moments but will also immerse themselves in interactive on-site and online activities. With exclusive chances to win Al Hilal merchandise, home appliances, match tickets, and official collectibles, the atmosphere is one of celebration and connection.  
Innovation Tailored for the Saudi Lifestyle

Haier is showcasing more than just products — it’s presenting **solutions designed for life in the Middle East**. A striking highlight is the cooling technology that keeps air conditioners performing at full capacity, even in **extreme temperatures up to 55°C**. Using advanced inverter technology, these ACs deliver rapid cooling in 30 seconds, reduce energy consumption, and operate quietly — perfect for Saudi summers.  

Moreover, the refrigerators, equipped with **HCS Freshness Technology**, preserve fruits and vegetables for up to 7 days, while T•ABT Sterilization eliminates 99.9% of bacteria — promoting healthy living in every household. Gamers are equally thrilled with Haier’s latest **120Hz Gaming TVs**, which provide smooth, blur-free visuals, low input lag, and Dolby Vision enhancement for a truly immersive experience. Even daily chores are elevated by Haier’s large-capacity **washing machines** with FPA Direct Drive motor technology, delivering quiet, stable, and energy-efficient performance with a lifetime warranty.  

A Vision for the Future

Haier’s commitment goes beyond products. In alignment with **Saudi Vision 203**, the brand is actively participating in the nation’s transformation into a service-oriented economy. By addressing the evolving needs of young households amid rapid urban growth, Haier positions itself as a partner in crafting modern, active lifestyles.  

As Li Dapeng, CEO of Haier Middle East & Africa, emphasized: success today lies in creating **technologies that seamlessly integrate into everyday life**. With double-digit growth in the MEA market for three consecutive years and holding the No. 1 spot in *Euromonitor International Global Major Appliances Brand Retail Volume* for 17 years, Haier continues to show that innovation with purpose wins hearts.  


From spectacular sports moments to state-of-the-art home appliances, Haier’s event in Dammam is a celebration of performance both on and off the field. **It’s a glimpse into the future of living — where technology isn’t just smart, it’s deeply personal.**  


Harbors of Tomorrow: Mawani and Hizone Build a Logistics Oasis in Dammam


A New Nexus at King Abdulaziz Port
The skyline of King Abdulaziz Port now hints at fresh activity as public and private partners converge to expand logistics capacity. Moreover, the agreement between Mawani and Hizone symbolizes a practical step toward faster, more resilient supply chains. The project brings concrete benefits to importers and exporters alike, while reinforcing Dammam’s role in regional trade.

Furthermore, immediate gains will include specialized yards and warehousing that speed container offloading and storage. Consequently, businesses can expect smoother operations and reduced dwell times. In short, this initiative enhances port competitiveness and prepares the Kingdom to host larger flows of international commerce.

Strategic Impact and Future Prospects

Beyond the physical footprint, the collaboration fits squarely with national ambitions. Additionally, it supports the National Transport and Logistics Strategy by strengthening Saudi Arabia’s position as a logistics hub that bridges three continents. Therefore, public infrastructure and private expertise together create a multiplier effect for trade, jobs, and investment.

Meanwhile, Hizone plans to use the new park for storing export cargo arriving from China, including equipment and electrical components. The 20,000 m² warehouse, together with open yards, will offer flexible storage solutions. As a result, the park expects to handle up to 600,000 tons annually and generate over 100 jobs, both direct and indirect.


The Saudi Ports Authority “Mawani” and Hizone Logistics have signed an agreement to establish a logistics park dedicated to container offloading and storage at King Abdulaziz Port in Dammam. The project carries an investment value of SAR 30 million and spans an area of 47,000 square meters.
The agreement was signed by His Excellency Eng. Suleiman bin Khalid Al-Mazroua, President of the Saudi Ports Authority, and Mr. Frank Xu, President of Hizone Logistics, in the presence of several officials.
This initiative aligns with Mawani’s ongoing efforts to enhance the competitive advantage of Saudi ports and reinforce their pivotal role in supporting trade and securing supply chains. It also supports the objectives of the National Transport and Logistics Strategy, to solidify the Kingdom’s standing as a global logistics hub bridging the three continents.
Through this new logistics park, Hizone Logistics - a leading player in the logistics sector - aims to establish facilities for storing export cargo arriving from China, including equipment, electrical components, and other goods. The project also includes the development of a 20,000 m² warehouse to provide diverse storage solutions for its international clients.
The logistics park will enhance the port’s logistics service offerings by providing specialized facilities, including yards and warehouses capable of handling 600,000 tons annually, while creating more than 100 direct and indirect jobs in the logistics sector.
It worth noting that King Abdulaziz Port in Dammam is known for its advanced operational and logistical capabilities, featuring 43 fully equipped berths and a handling capacity of 105 million tons of cargo and containers. These strengths support smoother trade flows and advance the Kingdom’s ambitions to achieve regional and global leadership in logistics.

In conclusion, this partnership marks a vivid step forward. Ultimately, the logistics park will not only expand capacity but also embody a strategic vision: to make Saudi ports smarter, faster, and more globally connected. 

Pioneering Industrial Transformation: Ahmad Haydar Takes the Helm at Rockwell Automation in Saudi Arabia


In a significant development for the industrial landscape of Saudi Arabia, Rockwell Automation, the world's largest company dedicated to industrial automation and digital transformation, has appointed Ahmad Haydar as the new country manager. This strategic move underscores Rockwell Automation's commitment to supporting the Kingdom's ambitious Vision 2030 initiative, which aims to transform Saudi Arabia into a global hub for advanced manufacturing and technology. Haydar, who boasts nearly 20 years of experience in the automation industry, will be based in Dammam and will report to Ediz Eren, the regional vice president for the Middle East, Türkiye, and Africa.

Haydar’s extensive background, including a decade spent at Rockwell Automation, equips him with the necessary skills to lead the company’s efforts in helping industrial organizations across the Kingdom harness the full potential of Saudi Vision 2030. "Ahmad's appointment reflects our deep commitment to supporting the Kingdom's industrial evolution," stated Eren. His leadership and technical expertise will be instrumental in guiding Saudi companies toward embracing smart manufacturing and digitalization, aligning with the transformative goals set forth by the Vision 2030 framework.

A Vision for the Future: Commitment to Innovation and Local Talent

As the newly appointed country manager, Ahmad Haydar expressed his enthusiasm for taking on this pivotal role during a transformative period for the Kingdom. He acknowledges the bold roadmap presented by Saudi Vision 2030 and emphasizes the importance of collaborating with customers to deliver innovative solutions that enhance efficiency, sustainability, and long-term growth. His vision aligns seamlessly with Rockwell Automation's mission to foster a culture of industrial innovation within the Kingdom.

Moreover, Haydar recognizes the significance of investing in local talent and partnerships. "Equally important is our commitment to supporting knowledge transfer and helping prepare Saudi national graduates for the world of industrial digital transformation," he remarked. This commitment not only strengthens the local workforce but also ensures that Saudi Arabia continues to advance in its quest for technological excellence, ultimately positioning itself as a leader in the global manufacturing arena. 

Ahmad Haydar's appointment heralds a new chapter for Rockwell Automation in Saudi Arabia. With his expertise and dedication, the company is poised to play a crucial role in the Kingdom's industrial evolution, driving forward the ambitious goals of Vision 2030.

A Leap Towards Water Security: The Launch of Toray's RO Membrane Plant in Dammam


Pioneering Innovation in Water Treatment

The Third Industrial City in Dammam recently witnessed a significant milestone with the commencement of pilot operations at the Toray reverse osmosis (RO) membrane plant. This state-of-the-art facility, established through a Saudi-Japanese partnership, stands as the largest of its kind in the Middle East. With a production capacity of up to 300,000 membranes annually, the plant encompasses all stages of manufacturing. The event was graced by a supervisory team from the Saudi Water Authority and the Local Content and Government Procurement Authority, underscoring the project's importance in the realm of water management.

This ambitious venture stems from an agreement signed with the Saudi Water Authority in November 2021, which aimed not only at localizing membrane manufacturing but also at transferring essential technical know-how. The significance of this project extends beyond mere production; it aligns with Saudi Arabia's broader objectives to enhance local content and cultivate strategic industries. By fostering technological innovation, the plant promises to contribute substantially to the Kingdom's GDP, with an estimated economic impact of SAR 1.14 billion over the duration of the agreement.

Promoting Sustainability and Economic Growth

In tandem with the plant's launch, the opening of the Middle East Water Treatment Technical Center (MEWTEC) marks another significant development. This advanced facility, equipped with integrated pilot-scale simulation labs, aims to provide cutting-edge technical services in research and development. Collaborating with local and international partners, as well as the Water Technology Innovation and Research Development Institute (WTIIRA), MEWTEC will drive advancements in water treatment technologies. This collaboration signifies a concerted effort to enhance Saudi Arabia's capabilities in the water management industry.

Moreover, the plant is projected to create 147 direct job opportunities for Saudi nationals, fostering employment and capacity-building in the region. As it serves not only the water sector but also other key industries such as oil and gas, agriculture, and mining, the plant plays a pivotal role in promoting industrial integration. The anticipated annual growth in demand for RO membranes, estimated at 6% domestically and 7% regionally, further cements Saudi Arabia's position in the global water technology market.

The operational launch of the Toray RO membrane plant represents a practical model for successful localization of strategic industries. It exemplifies the Kingdom's commitment to advancing local content, adopting innovative technologies, and achieving long-term economic and environmental sustainability. As Saudi Arabia strides towards water security, this initiative stands as a beacon of progress, showcasing the nation's dedication to empowering its industries and promoting a sustainable future.

Transforming Dammam: The King Fahd Suburb Boulevard Project Unveiled


In a significant move towards the enhancement of urban living in Dammam, the Ministry of Municipalities and Housing (MOMAH) has initiated a transformative project that promises to redefine the King Fahd Suburb. Collaborating with Ashraq Development Company, the development arm of the Eastern Province Municipality, and the National Center for Privatization & PPP (NCP), the ministry proudly announces the launch of the Expression of Interest (EOI) phase for the King Fahd Suburb Boulevard Project. This ambitious Public-Private Partnership (PPP) initiative will follow a Design, Build, Finance, Operate, Maintain, and Transfer (DBFOMT) model, with a contract term that spans an impressive 30 years.

A Vision for Urban Excellence

Covering approximately 1,000,000 square meters, the King Fahd Suburb Boulevard Project is set to be developed in two carefully planned phases. Each phase will ensure a balanced allocation of development plots, green spaces, and critical infrastructure facilities. Central to this project is a 4 km integrated mixed-use zone that will run along a central boulevard and linear parklands, forming a vital part of a larger 7.3 km corridor. This strategic layout not only aims to optimize urban space but also aspires to create a unique urban experience for residents and visitors alike. 

The private sector partner will play a crucial role in this endeavor, tasked with developing and operating a comprehensive mixed-use environment. This environment will encompass a variety of amenities, including leisure and recreational facilities, public parks, entertainment venues, retail outlets, office spaces, hospitality zones, pedestrian walkways, and road networks. By integrating these diverse components, the project will foster a vibrant and inclusive community in the Eastern Province, enhancing the overall quality of life.

Aligning with Vision 2030

As part of Saudi Arabia’s Vision 2030 initiative, this project represents a significant leap toward advancing sustainable development and increasing private sector participation in municipal infrastructure. By reimagining urban landscapes, the King Fahd Suburb Boulevard Project will undoubtedly contribute to the kingdom’s broader goals of enhancing the quality of life for its citizens while encouraging economic growth.

Local and international investors interested in this groundbreaking opportunity are encouraged to review the EOI document available on the NCP website at www.ncp.gov.sa. The deadline for submitting EOIs is set for 16 July 2025 at 11:59 p.m. KSA time. This project presents a unique opportunity to be part of a transformative journey that will not only reshape the urban fabric of Dammam but will also serve as a model for future developments across the region. The King Fahd Suburb Boulevard Project stands as a beacon of progress, promising to deliver a thriving urban ecosystem that benefits all stakeholders involved.

Mawani’s Triumph: Saudi Arabia’s Port Authority Shines at the 2025 TLME Awards



In a remarkable demonstration of progress and innovation, the Saudi Ports Authority, known as Mawani, has garnered significant recognition at the Transport & Logistics Middle East (TLME) Awards 2025. The ceremony, held in Dubai, UAE, celebrated Mawani's outstanding achievements within the fields of 'Ports Infrastructure' and 'Logistics Hub.' These dual awards not only affirm Mawani's dedication to enhancing the Kingdom's logistical landscape but also signify Saudi Arabia's strategic position as a leader in global trade and transportation.

A Testament to Progress: Mawani's Achievements

Mawani's recent accolades underscore the robust advancements made in Saudi Arabia's port infrastructure and logistics capabilities. The Kingdom has embarked on an ambitious journey to upgrade its ports, and key milestones illustrate this commitment. Notably, Mawani has successfully facilitated the largest privatization contracts in Saudi port history. These contracts involve the development and operation of container terminals at Jeddah Islamic Port and King Abdulaziz Port in Dammam, amounting to more than SAR 16 billion in investments made in collaboration with the private sector.

These substantial investments are not merely financial statistics; they represent a transformative approach to port operations in the Kingdom. By engaging the private sector, Mawani has effectively harnessed expertise and innovation, ensuring that Saudi ports are equipped to handle increasing volumes of trade. Furthermore, the launch of infrastructure projects worth over SAR 640 million at Jeddah Islamic Port, including berth deepening and new construction, demonstrates Mawani's commitment to accommodating ultra-large container vessels of up to 24,000 TEUs. These advancements align seamlessly with the National Transport and Logistics Strategy, which aims to position Saudi Arabia as a pivotal global logistics hub bridging three continents.

Expanding Horizons: Logistics Parks and Future Investments

In addition to enhancing port infrastructure, Mawani's vision encompasses the establishment of logistics parks throughout the Kingdom. Recently, Mawani signed agreements to develop 20 logistics parks across various ports, with total investments exceeding SAR 10 billion. This initiative is poised to revolutionize the logistics landscape in Saudi Arabia by creating integrated spaces that facilitate storage, distribution, and value-added services.

Among these developments is the Middle East's largest integrated logistics park, a project launched by Maersk at Jeddah Islamic Port, which has involved a staggering SAR 1.3 billion investment. Such initiatives not only bolster the Kingdom's logistics capabilities but also generate employment opportunities and stimulate local economies. As these logistics parks come to fruition, they will play a crucial role in enhancing the efficiency of supply chains and reducing transit times, thereby making Saudi Arabia an even more attractive destination for international businesses.

Recognition and Future Endeavors

The year 2024 proved to be a momentous one for Mawani, as it received eight national, regional, and international awards, further solidifying its reputation within the industry. As 2025 commenced, Mawani continued its winning streak by securing the 'Logistics Platform Award' at the prestigious ShipTek International Awards. These accolades serve as a testament to Mawani's unwavering commitment to excellence and innovation in the transport and logistics sector.

Looking ahead, Mawani's vision remains clear: to elevate Saudi Arabia's status as a global logistics hub that not only serves the region but also connects the world. By investing in state-of-the-art infrastructure and fostering public-private partnerships, Mawani is well-positioned to meet the challenges of the future. The Kingdom's strategic location, combined with its enhanced logistics capabilities, will undoubtedly attract increased trade and investment, thereby contributing to the overall economic diversification efforts outlined in Saudi Arabia's Vision 2030.

A Bright Future for Saudi Arabia’s Logistics Sector

Mawani's dual triumphs at the TLME Awards 2025 illuminate the significant strides made by Saudi Arabia in the realms of ports infrastructure and logistics. The Kingdom's commitment to developing state-of-the-art facilities and fostering an environment conducive to innovation will undoubtedly yield long-term benefits for its economy and global trade relations. As Mawani continues to pave the way forward, Saudi Arabia is set to emerge as a formidable player in the global logistics arena, redefining the future of transportation and trade in the region.

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