Nuwatin

Saudi energy forum secures $27.7bn in deals, launches ‘Nuwatin’ to accelerate localization

Deals represent a significant step in the Kingdom’s efforts to localize its energy sector and cover a range of industries
Nuwatin initiative already includes 63 suppliers and 59 energy components and is expected to increase the localization of energy products by up to 20% in some areas

By MANAL AL-BARAKATI · 23 October 2024