New Saudi manufacturing facility to produce advanced solar tracking systems for the Middle East and North Africa region Riyadh, Saudi Arabia – January 12, 2026: Nextpower (Nasdaq: NXT, formerly Nextracker) and Abunayyan Holding today announced the completion of the incorporation of the previously announced joint venture, Nextpower Arabia, headquartered in Riyadh, Kingdom of Saudi Arabia. The new … Continue reading Energy Leaders Abunayyan Holding and Nextpower Complete Formation of Joint Venture, Nextpower Arabia
Category: Business & Investments
Middle East to draw over $100bn a year in energy, renewables, healthcare and digital investment by 2026
Dubai, Jan 12 — The Middle East is on track to attracting more than $100 billion (Dh370b) annually in strategic capital expenditure by 2026, spread across oil and gas, renewable energy, healthcare, digital infrastructure and manufacturing, according to a comprehensive industry outlook by Grand View Research (GVR). Despite the global energy transition, the region – … Continue reading Middle East to draw over $100bn a year in energy, renewables, healthcare and digital investment by 2026
CATL Sets Regional Milestone with Middle East’s Largest New Energy Aftermarket Facility in Riyadh
Riyadh, Saudi Arabia — On January 10, 2026, CATL opened the Middle East’s first and currently the largest new energy aftermarket facility outside China—the NING SERVICE Experience Center in Riyadh—strengthening its after-sales presence in the Middle East and supporting the region’s shift toward cleaner energy systems. The opening comes as Saudi Arabia and the wider Middle East advance ambitious electrification … Continue reading CATL Sets Regional Milestone with Middle East’s Largest New Energy Aftermarket Facility in Riyadh
NVIDIA CEO Jensen Huang Awarded 2026 IEEE Medal of Honor, Technology’s Most Prestigious Recognition
Dubai- January 7th, 2026 — IEEE, the world’s largest technical professional organization of more than 500,000 worldwide, dedicated to advancing technology for humanity, proudly announces that Jensen Huang, founder and CEO of NVIDIA, has been named the recipient of the 2026 IEEE Medal of Honor, the organization’s highest accolade, and its accompanying $2 million prize. Huang … Continue reading NVIDIA CEO Jensen Huang Awarded 2026 IEEE Medal of Honor, Technology’s Most Prestigious Recognition
QNB and Mastercard expand payment services in Syria
Doha, Qatar; January 5th, 2026: Mastercard announced that QNB Group, the largest financial institution in the Middle East and Africa, was granted a Mastercard license to extend its issuing and acquiring activities in Syria, enabling it to provide Mastercard payment solutions - accepted locally and internationally- to individuals and businesses. The move, which follows the memorandum of … Continue reading QNB and Mastercard expand payment services in Syria
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