INSEAD Day 4 - 728x90

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Saudi Arabia sets up $187m solar panel factory in Tabuk

It is strategically located near the Kingdom’s giga projects in NEOM and the Red Sea, and the region also has plenty of qualified locals to work in the various jobs needed by the facility.
  • Spread over more than 27,000 square meters, the factory will have an estimated production capacity of 1.2 gigawatts
  • The new Tabuk facility uses automated machines for its production, and employs latest international technologies in the field

Saudi Arabia has set up a $186.6 million worth solar panel factory in the Tabuk Industrial City to cater to growing demand for solar panels in the MENA region.

Spread over more than 27,000 square meters, the factory will have an estimated production capacity of 1.2 gigawatts.

The new Tabuk facility uses automated machines for its production, and employs latest international technologies in the field.

It is strategically located near the Kingdom’s giga projects in NEOM and the Red Sea, and the region also has plenty of qualified locals to work in the various jobs needed by the facility, Deputy Minister of Industry and Mineral Resources Osama Al-Zamil said.