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Aed Energy has secured investment from Catalyst, the Masdar City and bp-backed accelerator dedicated to advancing climate technologies across the Middle East and beyond.

This funding will support Aed Energy’s expansion in the region and accelerate the deployment of its long-duration thermal energy storage systems.

As part of the partnership, Aed Energy will establish a branch office in Masdar City, Abu Dhabi, reinforcing its commitment to developing decentralised energy, water, and cooling infrastructure across the GCC and wider MENA region.

The new office situates the company within a global centre for clean energy innovation and commercialisation.

Optimised operations

Catalyst, backed by Masdar City and bp, provides a strong platform for scaling practical, impact-driven technologies.

With access to strategic partners and deep regional expertise, Catalyst’s investment will help Aed Energy rapidly deploy its storage systems in markets where stable, dispatchable clean energy is crucial to meeting growing demand.

Aed Energy’s modular thermal batteries store surplus renewable electricity as high-temperature heat and deliver zero-carbon baseload energy on demand.

Suitable for applications in heat, power, and cooling, these MWh-scale systems are designed for reliable, low-maintenance operation.

Their flexibility makes them particularly effective in settings where conventional batteries underperform, including remote grids, heavy industry, and integrated energy–water–cooling systems.

ACCIONA, along with local firm DHCU, obtained an €35mn (US$38.15mn) contract from Egypt’s Construction Authority for Potable Water and Wastewater (CAPW) so it can operate and maintain Phase II of Cairo's Gabal El Asfar wastewater treatment complex.

The eight-year agreement rehabilitates also upgrades two major plants within the facility so that they can each treat 500,000 m³ per day.

Gabal El Asfar is known to be the largest wastewater treatment complex located in Africa as well as the Middle East. This ranks it third globally, with a total capacity of 2.5 m³ per day.

Home to more than eight million residents, it serves the vital eastern part of Cairo.

ACCIONA’s already established footprint is further reinforced by this latest contract within Egypt’s water sector.

The company led the design, construction, and commissioning in a previous expansion phase at Gabal El Asfar in 2013, adding another 500,000 m³ to its daily capacity.

ACCIONA and DHCU were entrusted not too long ago in 2022 for Phase I's operation and improvement that handles 1.5 m³ of wastewater for each day.

Other developments

Beyond Gabal El Asfar, ACCIONA has partnered together with CAPW on additional projects, and this includes the water infrastructure operations for New Cairo.

The initiative collects water from the Nile River and then transports the water. It then purifies the water and distributes to consumers in the satellite city 30 kilometers east of the capital.

The company constructed five other major drinking water treatment plants throughout Egypt.

The Almerya, Rod el Farag, Mostorod, North Helwan I, and North Helwan II plants serve collectively over six million people because they have a combined capacity that exceeds 600,000m³ per day.

Within ACCIONA’s portfolio is the Bahr Al Baqr wastewater treatment plant. It is actually another key project that is located in northwestern Egypt.

It has 5.6 m³ capacity as one of the world’s largest, designed for high-quality water production for agricultural irrigation.

Additionally, ACCIONA operates several other wastewater facilities in Egypt as these facilities include those located in Abnoub-El Fath, Sodfa-El Ghanayem, El Ayat, and Abu Simbel.

Sustainable infrastructure and renewable solutions are led by ACCIONA globally.

They have been keeping to carbon neutrality since back in 2016.

Operations are maintained in more than 40 countries, also the company reported €19.19bn (US$21bn) in sales for 2024.

The International Code Council (ICC), a global authority on building safety and construction standards, will take part in the 7th edition of Big 5 Construct Egypt, held from 17-19 June 2025 at the Egypt International Exhibition Center.

Mohammed Amer, managing director – ICC MENA, will present a session titled “Highlighting the Impact of ICC on Innovative Building Practices in the MENA.”

His address will explore ICC’s expanding role in the region, with a focus on its International Codes (I-Codes) and the wider ICC Family of Solutions.

Using real-world case studies, Amer will demonstrate how ICC works with governments, developers, and industry experts to promote international best practices throughout the MENA construction ecosystem.

In Egypt, ICC plays a vital role in advocating for modern regulatory frameworks, encouraging safer, more sustainable infrastructure. Through strategic partnerships and capacity-building initiatives, the organisation continues to support the country’s construction growth, while aligning it with global standards.

Bringing together more than 350 exhibitors from over 20 countries, Big 5 Construct Egypt showcases cutting-edge innovations driving regional construction forward.

Held under the patronage of H.E. Dr. Mostafa Madbouly, Prime Minister of Egypt, and supported by the Egyptian Armed Forces Engineering Authority, the event serves as a key platform for shaping the built environment in North Africa.

Speaking about ICC’s participation, Amer stated, “At ICC, our mission is to support governments and industry stakeholders in implementing internationally recognised codes and standards that enhance safety, resilience, and sustainability. In Egypt and across the GCC, our efforts have played a key role in advancing building regulatory modernisation, integrating smart technologies, and strengthening the professional capacity needed to apply best practices effectively.”

Also read: A low-carbon future for the GCC construction industry?

Power Metallic Mines Inc., a prominent exploration and development company, has been granted the exploration licence for the Jabal Baudan project in Saudi Arabia’s Jabal Sayid Mineralised Belt.

Power Metallic is now one of the few foreign companies to secure mining concessions in the Kingdom, following a successful bid in a competitive licensing process.

CEO Terry Lynch, said, "We are honoured to have been awarded the Jabal Baudan exploration license, marking a pivotal step in our strategy to expand our portfolio into one of the world's most promising mineral belts. This achievement underscores our commitment to advancing mineral exploration globally and highlights our ability to secure high-value assets in competitive jurisdictions."

Strategic location in a mineral-rich region

The Jabal Baudan property, spanning over 200 sq km, is the largest of seven exploration packages offered in the Jabal Sayid belt.

Located approximately 150 km south of Jeddah along the western Red Sea coastal plain, the site is highly prospective for copper, gold, and zinc mineralisation.

The region is renowned for its volcanic massive sulphide (VMS) deposits, including the world-class Jabal Sayid Mine and the promising Umm ad Damar deposit.

Situated in rugged mountainous terrain intersected by wadi systems draining to the Red Sea, Jabal Baudan is underlain by late Proterozoic volcanic, volcaniclastic, and sedimentary rocks, intruded by younger plutonic rocks ranging from gabbro to granite.

This geological setting mirrors that of the nearby Umm Hiljan deposit, indicating strong potential for VMS-style mineralisation.

Historical exploration by BRGM, Riofinex, and USGS between 1966 and 1985 identified siliceous volcanic rocks and “ironstone,” suggesting mineralising systems conducive to VMS deposits.

Exploration strategy and support

Power Metallic plans to utilise historical aeromagnetic survey data to refine its exploration approach and pinpoint priority target areas.

The project is supported by Saudi Arabia’s Exploration Enablement Program (EEP), a US$182mn initiative designed to stimulate and de-risk mineral exploration investments.

The EEP offers up to US$2mn per exploration licence, with a cap of 15 licences per company, fostering knowledge exchange and growth.

This support will enable Power Metallic to enhance its geological understanding of Jabal Baudan and prioritise high-potential zones for advanced exploration.

"The Jabal Baudan site is located at the heart of the most prospective region of Saudi Arabia. It is easily reachable by world quality infrastructure and initial samples have confirmed strong potential for a large range of minerals" Dr Remi Piet, senior partner at Embellie Advisory.

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Abu Dhabi-based petrochemicals company Borouge is collaborating with Honeywell to conduct a proof of concept for AI-powered autonomous operations, which is  is set to deliver the petrochemical industry’s first AI-driven control room designed for full-scale, real-time operation

The initiative aims to deploy the proof-of-concept technologies to enhance Borouge’s operations across its Ruwais facilities in the UAE. Autonomous operations will enable Borouge to optimise production, reduce energy use, and enhance safety while reducing costs at what will be the single largest petrochemical site in the world. Both companies will leverage their expertise in process technology and autonomous control capabilities to identify new opportunities to deploy Agentic AI solutions and advanced machine learning algorithms.

The project is a key component of Borouge's companywide AIDT programme, which is projected to generate US$575mn in value this year. In 2024, Borouge’s portfolio of over 200 AIDT initiatives—spanning operations, health and safety, sales, sustainability, and product innovation—generated $573mn in value

New systems

Borouge has already installed the world’s largest Real-Time Optimisation (RTO) system across three large-scale ethane crackers and 20 furnaces. The initiative analyses over 2,500 parameters per minute, enabling instant data-driven decisions, significantly enhancing productivity, optimising energy consumption and reducing emissions. The unique system minimises ethane dumping and optimises resource use, in line with Borouge's commitment to sustainable growth and operational excellence.

Borouge has invested in its state-of-the-art Innovation Centre located in Abu Dhabi and is now using advanced AI-powered tools to accelerate innovation, enabling the company to bring new grades of advanced polymers to market quicker. In collaboration with ADNOC AI Lab, Borouge has completed its first “Polymer Optimisation” programme, achieving a 97% accuracy, enabling Borouge to reduce its development timeline from months to weeks.

Hazeem Sultan Al Suwaidi, chief executive officer of Borouge, said, “Borouge's AI, Digitalisation, and Technology (AIDT) transformation programme is setting new standards in operations, innovation and business performance. By collaborating with global AI leaders such as Honeywell, we are accelerating growth, driving efficiency, and enhancing shareholder value. This project further strengthens Borouge’s competitive edge as we continue to deliver on our ambitious AIDT roadmap.”

George Bou Mitri, president of Honeywell Industrial Automation, Middle East, Turkey, Africa, Central Asia, said, “By integrating AI and automation technologies into core operations, we are helping unlock new levels of efficiency, safety, and performance. This agreement shows how advanced technologies, applied with purpose, can reshape industrial operations at scale.”

Saudi Global Ports Group (SGP), through its subsidiary Modern Port Services Company Limited (SGP Multipurpose Terminals, or SGPMP), has signed four 20-year concession agreements with the Saudi Ports Authority (Mawani) to operate multipurpose terminals along the Eastern Coast of Saudi Arabia.

The terminals are located at King Abdulaziz Port Dammam (KAPD), Jubail Commercial Port (JCP), King Fahad Industrial Port Jubail (KFIP), and Ras Al-Khair Port (RAK).

The agreements were signed by SGP CEO Rob Harrison and Mawani’s Acting President Mazen bin Ahmed Al-Turki, in the presence of the Minister of Transport and Logistics Services, H.E. Saleh Al Jasser, along with Saudi Global Ports chairman Eng. Abdullah Al Zamil and vice chairman Bakr AlMuhanna.

Already a key player in Saudi Arabia’s terminal operations, SGP manages container terminals at KAPD and operates the Riyadh Dry Port Ecosystem, including the Riyadh Dry Port, Riyadh Empty Yard, and Dammam Empty Container Yard.

It is also developing the Dammam Integrated Logistics Zone (DILZ). In 2024, SGP handled more than 4 million TEUs across its network, reinforcing its leadership in the sector.

Expanding logistical operations

Under the new concessions, SGP plans to invest over SAR 700 million (approximately US$187mn) to modernise the terminals and procure advanced equipment.

The group intends to integrate the four new sites with its existing network in Dammam and Riyadh to create efficient, resilient gateways that support Saudi Arabia’s rapid development and major infrastructure projects.

With the support of its technical partner PSA International, SGP will launch tailored training programmes focused on safety, operational efficiency, and sustainability, drawing on PSA’s global experience in managing multipurpose terminals.

Chairman of the Board of Saudi Global Ports Company, Eng. Abdullah Al Zamil said, “SGP, as one of the National Champions for Ports and Logistics in Saudi Arabia, is proud to be entrusted with this opportunity to nurture and grow the four multipurpose terminals along the Eastern Coast of Saudi Arabia. We will strive to provide the same reliability, integration and spirit of innovation at the multipurpose terminals as we have done so for the container terminals at KAPD, the Riyadh Dry Port Ecosystem and DILZ. We are grateful to Mawani for entrusting SGP with these concessions.”

Vice chairman of the Saudi Global Ports Board, Bakr AlMuhanna highlighted, “The agreement between SGP and Mawani is pivotal in driving economic diversification under Saudi Arabia’s Vision 2030. By integrating and modernising key terminals, SGP, together with its technical partner, PSA International, brings their expertise to enhance supply chain efficiency, support critical mega projects, and strengthen the Kingdom’s position as a global logistics hub.” 

Regional CEO Europe & Mediterranean and Middle East South Asia, PSA International, Vincent Ng said, “PSA is proud to be alongside Saudi Arabia’s growth journey for over 10 years. We are excited to continue to work alongside PIF, Mawani and other stakeholders in the Kingdom, supporting SGP with our global expertise and network as it expands its ecosystem to include capabilities that can bring new and differentiated value to the Kingdom’s ports and logistics sector.”