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Saudi, Oman investment ministers visit clean energy facility at Alfanar Industrial City in Riyadh

RIYADH: Investment ministers from Saudi Arabia and Oman were given a tour of one of the largest private industrial cities in the Middle East in a move to highlight the Kingdom’s clean energy projects.

Alfanar, Aramco sign MoU to further promote localisation

Alfanar, Aramco sign MoU to further promote localisation , February 18, 2021 Alfanar and Aramco have signed a Memorandum ‎of Understanding (MoU) for sustainable cooperation to covers various initiatives aimed at augmenting localisation, innovation, digitisation, and sustainability in the Kingdom.   The initiatives are in line with the In-Kingdom Total Value Add (IKTVA) flagship programme launched by Aramco to support economic development through local content increment. ‎    ‎The MoU was signed by Ahmad Al Saadi, Senior Vice-President of Technical Services, Aramco and Abdul Salam Al Mutlaq, Chairman, Alfanar at the Alfanar Industrial City located in Riyadh.   The MoU was signed during a visit by Aramco’s senior management to Alfanar Industrial City, the largest privately developed manufacturing facility in the Middle East spread across 720,000 sq m.

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