L&T’s Saudi GET program is in its 5th year and seeks to drive Saudisation
Localisation
Posted inPeople
Hire Emiratis or face $20,000 fines, UAE ministry warns
The move is in line with the government’s Nafis initiative, which was launched in 2021
Posted inProducts & Services
Deloitte becomes certifying body under UAE localisation programme
The ICV programme was originally created by ADNOC and implemented in its group of companies since the beginning of 2018
Posted inDRILLING & PRODUCTION
How Saudi Aramco’s localisation programme helped battle the pandemic
Mohammad A. Al Shammary, VP Procurement & Supply Chain Management at Saudi Aramco, answers our questions about the impact of iktva on the pandemic, and how localisation helps build resilience
Posted inDRILLING & PRODUCTION
ADNOC to boost in-country value to support post-Covid Economic Growth
ADNOC’s ICV program to drive over AED160 billion ($43.6 billion) back into the UAE’s economy over the next 5 years
Posted inProducts & Services
ADNOC partners with Mubadala and ENEC for ICV
The partnership brings together the companies to cooperate in further driving ICV for the country
Posted inProducts & Services
Honeywell opens gas detector factory in Saudi Arabia
oneywell becomes the first international company to produce industrial gas detectors in Saudi Arabia
Posted inProducts & Services
Saudi Aramco, McDermott break ground on fabrication facility at King Salman International Complex
The Ras Al-Khair development spans 1.2 million square metres
Posted inProducts & Services
ADDED and ADNOC ink in-country value agreement
Following this agreement, businesses can make a one-time application for a unified ICV certificate that will now be applicable for the Abu Dhabi Government’s commercial evaluation process of goods and services procurement.
Posted inProducts & Services
Saudi Aramco signs 66 MoUs worth $21 billion under IKTVA
56% of Saudi Aramco’s procurement was spent in-Kingdom in 2019 compared to 35% in 2015