NEOM, Samsung C&T Commit to World's Largest Deployment of Rebar Construction Automation Technology

The agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia. SPA
The agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia. SPA
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NEOM, Samsung C&T Commit to World's Largest Deployment of Rebar Construction Automation Technology

The agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia. SPA
The agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia. SPA

NEOM, the sustainable development taking shape in the northwest of Saudi Arabia, has signed a joint venture (JV) agreement with Samsung C&T Corporation to unlock an initial investment of more than SAR1.3 billion in construction robotics.
According to a statement from NEOM, the agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia.
The JV aims to automate rebar cage assembly through advanced robotic welding and tying techniques, enabling the assembly of large, pre-manufactured reinforcement cages, said the statement.

Through automation, the adoption of rebar assembly technology can reduce manual workforce hours by up to 80%, based on global average installation metrics for traditional construction methods, improving safety and quality, reducing material waste, and reducing cage assembly costs by up to 40%.
"Sustainability at NEOM is a core principle that drives not only what we build, but how we build it. By automating labor-intensive processes through robotics, we are pushing the boundaries of construction innovation,” CEO of NEOM Investment Fund Majid Mufti said.
The agreement will establish rebar cage assembly factories in NEOM, creating more than 2,000 highly skilled job opportunities locally while meeting the extensive requirements for the construction of THE LINE and other key developments in the region.



Eng. Talal Al-Marri Appointed CEO of Expo 2030 Riyadh

Expo 2030 is scheduled to open on October 1, 2030, and run through March 31, 2031
Expo 2030 is scheduled to open on October 1, 2030, and run through March 31, 2031
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Eng. Talal Al-Marri Appointed CEO of Expo 2030 Riyadh

Expo 2030 is scheduled to open on October 1, 2030, and run through March 31, 2031
Expo 2030 is scheduled to open on October 1, 2030, and run through March 31, 2031

Expo 2030 Riyadh Company (ERC), wholly owned by the Public Investment Fund (PIF), announced on Thursday the appointment of engineer Talal Al-Marri as its Chief Executive Officer (CEO).

Al-Marri will be in charge of managing the company that oversees the development and operation of Expo 2030 Riyadh, considered one of the most significant events for the current decade.

Al-Marri brings decades of leadership experience across international operations.

He previously served as President and CEO of Aramco Europe, leading digital transformation and investment strategy across key global markets.

He also undertook several international assignments in London and Seoul while serving in this role, according to a statement by PIF.

With his extensive experience in spearheading large-scale initiatives and driving innovation, Al-Marri will play a pivotal role in steering the company’s efforts to ensure that Expo 2030 Riyadh becomes a landmark event and will play a key role in showcasing Saudi Arabia’s ambitions and progress, in alignment with Vision 2030.

The establishment of Expo 2030 Riyadh aligns with the PIF’s strategic mandate to achieve economic impact for Saudi Arabia while securing sustainable returns.

PIF leads the development of transformative landmark real estate initiatives across Saudi Arabia, which drive economic transformation and diversification, advancing urban innovation and enhancing quality of life.

Expo 2030 Riyadh will serve as a platform for global collaboration, bringing together nations to address the most pressing challenges through innovation and technology.

Additionally, the event will act as a catalyst for economic growth, creating new opportunities for Saudi Arabia and the wider global community.