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Saudi Arabia signs MoUs at Hannover Messe to advance industrial localization 

admin by admin
April 28, 2026
in Business, Technology
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News of KSA Tech

RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources signed three memorandums of understanding with partners during its participation in Hannover Messe 2026 in Germany. 

The agreements, aimed at advancing electrical manufacturing, smart grid technologies and industrial localization, involve collaborations with Phoenix Contact Saudi Arabia, Alfanar Co., Abunayyan Trading, and the United Technology of Electric Substations & Switchgears. 

The deals were announced during the Kingdom’s participation in Hannover…

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