Yanmar opens office in Riyadh, solidifying commitment to KSA

Saudi Arabia’s construction industry is rapidly evolving, fueled by technological advancements, strategies in large-scale projects, policy reforms and sustainability. Returning once again to Big 5 Construct Saudi, the International Contracting Conference, organized by the Saudi Contractors Authority and dmg events and taking place on Feb. 15-16, hosted government officials, industry leaders and policymakers to share insights into navigating the Kingdom’s construction landscape and exploring new opportunities.
ICC 2025 united top contractors and international contracting experts in the Kingdom for two days of insightful dialogues and discussions focusing on topics such as the impact of Vision 2030, innovative construction methods, digital tools for project management and government-private sector collaboration. Held at the ICC Theatre, Hall 6, Riyadh Front Exhibition and Conference Center, the event spotlighted transformative developments and opportunities, aligning with Saudi Arabia’s Vision 2030 goals.
Prominent industry leaders who headlined the conference this year included: Khalid Al-Othman, president of the National Committee for Sustainability and Green Economy, Federation of Saudi Chambers; Dr. Anas Bataw, strategy and innovation director, KEO International Consultants; Prakash Senghani, CEO and co-founder, Navatech; James Irvine, managing director, Alvarez and Marshal; Alaa Arabi, principal, TBH; Alexander Sarac, partner at Addleshaw Goddard; Ayman Alwaleedi, executive director — project management at Rua Al-Madinah; Mark Sperring, regional PMC director; and Wael Allan, chief executive at Ayar International Contracting Company.

Complementing ICC, Big 5 Construct Saudi is also hosting Big 5 Talks, featuring more than 75 expert-led sessions designed to empower professionals with actionable strategies and progressive insights over two weeks. Featuring over 150 speakers, subject-matter experts and leaders, these sessions cover various topics impacting the Kingdom’s built environment, enabling attendees to have fresh ideas, practical solutions and professional growth.
The first week (Feb. 15-18) will lay strong foundations for the construction industry, covering key topics from design to execution. Discussions will explore advancements in HVAC R, modular construction, project management, health and safety and regulatory compliance.
In the second week (Feb. 24–27), the focus will shift to transforming projects from fit-out to services, with an emphasis on sustainable solutions and operational excellence. The Architect Leaders Forum will bring together industry visionaries to discuss trends shaping architectural design, while sessions on facilities management and green buildings will highlight the best practices for maintaining sustainable structures.
With more than 5,200 construction projects currently underway, including NEOM, The Red Sea Project, Qiddiya, Diriyah and others, valued at an estimated $819 billion, the Kingdom’s development initiatives showcase the immense scale and ambition of its transformation.
“As Saudi Arabia sprints toward Vision 2030, organizations and individuals must evolve to help facilitate these ambitions,” said Muhammed Kazi, senior vice president of construction at dmg events. “The panel discussions and sessions at Big 5 Construct Saudi are therefore strategically curated to address the industry challenges and provide innovative ideas and solutions to meet the Kingdom’s goals for its dynamic contracting sector.”

STC Bank, a leading Saudi digital bank, has entered into a strategic partnership with PLDT Global Corporation, the international arm of PLDT Inc., to enhance digital financial solutions and payment accessibility for its customers in Saudi Arabia.
As part of the strategic partnership, STC Bank will be available as a payment option within PLDT Global’s digital marketplace, Tindahan ni Bossing, and include Vortex products on its marketplace. Vortex, PLDT Global’s robust, secure, and integration-ready digital distribution platform, ensures seamless transactions for users, enabling them to conduct smooth and secure digital payments.

By leveraging its digital banking infrastructure and expertise, STC Bank will facilitate financial inclusion, streamline cross-border payments, and enhance cybersecurity measures to safeguard digital transactions for PLDT’s customers in Saudi Arabia.
“At STC Bank, we are driving financial inclusion through innovation that empowers individuals and businesses alike. Our collaboration with PLDT Global aligns with our mission to enhance digital banking accessibility, ensuring seamless and efficient transactions for our customers, no matter how far they are from their home countries” said Nizar Altwaijri, CEO of STC Bank.

At STC Bank, we are driving financial inclusion through innovation that empowers individuals and businesses alike.

Nizar Altwaijri, CEO of STC Bank

“We are thrilled to join forces with STC Bank. This partnership will enable us to provide every Filipino and our other customers in Saudi Arabia with convenient and secure payment options that meet their evolving needs. Together, we are committed to empowering businesses and communities at home and abroad,” said Albert V. Villa-Real, president and CEO at PLDT Global.
This strategic alliance is in line with STC Bank’s continued expansion into global digital ecosystems, reinforcing its commitment to offering cutting-edge financial services that cater to the evolving needs of Saudi citizens and residents in an increasingly digital economy.