Saudi construction boom calls for $34bn investment in HVAC R systems

HVAC R Expo Saudi is the region’s largest, three-day event for HVAC R industry professionals to network, do business and discover new technologies.
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Updated 25 December 2019
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Saudi construction boom calls for $34bn investment in HVAC R systems

HVAC R Expo Saudi, Saudi Arabia’s largest event dedicated to the heating, ventilation, air conditioning and refrigeration (HVAC R) industry, will return to for a 5th edition at the Riyadh International Convention & Exhibition Center from Feb. 11 to 13, organizers dmg events said.

The announcement comes as opportunities for HVAC R stakeholders in the Middle East market are growing exponentially. GCC investments in HVAC R systems over the next decade are estimated to exceed $68 billion in total, according to a recent report published by dmg events and MEED Projects.

Event Director for HVAC R Expo Saudi, Roni El-Haddad said: “On the back of a construction boom in the country, Saudi Arabia alone represents over 50 percent of the total needed investments for HVAC R solutions in the GCC over the next 10 years, with $34 billion worth of systems expected to be installed in that time.”

He adds: “As demand increases the market will need to develop in line with government goals such as energy conservation and smart initiatives, making it the perfect time for the local and overseas industry to gather under one roof at HVAC R Expo Saudi.”

Expecting to host over 80 exhibiting brands from around the world, HVAC R Expo Saudi is the region’s largest, three-day event for HVAC R industry professionals to network, do business and discover new technologies.

Saud Nasser Al-Khusaibi, secretary-general of GCC Standardization Organization (GSO), said: “The mission of GSO is to unify standardization activities among the GCC member states in order to promote the industry and boost sustained development of the collective economy in turn. Such activities adhere to the best international practices, and contribute to the protection of the customer, environment and public health.”

Products on display at HVAC R Expo Saudi will relate to climate control, air quality and ventilation, air conditioning, refrigeration and heating, HVAC equipment and services, and building automation. Industry heavyweights that have already signed up to exhibit include the likes of Carrier Middle East Equipment, Zamil Air Conditioners, Alessa-Samsung-Crafft, Conex Banninger, and for the first time GreenAire, to name but a few.


PwC Middle East and Sirar by stc’s CISO500 program advances cyber leadership

Updated 15 February 2026
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PwC Middle East and Sirar by stc’s CISO500 program advances cyber leadership

The fifth edition of the CISO500 program ran from Feb. 8-12. Delivered in partnership between PwC Middle East and Sirar by stc, the program featured five intensive days of rich discussions and hands-on practical experiences, aimed at strengthening leadership capabilities in cybersecurity and keeping pace with rapid technological transformation.

The program is designed to develop the capabilities of executive cybersecurity leaders and enhance their strategic role in supporting organizations’ digital transformation. It equips participants to address contemporary challenges in the cyber landscape and expand their influence within decision-making ecosystems.

Yasser Al-Swailem, CEO of Sirar by stc, said that the program represents an important step toward strengthening the readiness of cyber leaders in the region. He noted that the CISO500 program is a fundamental pillar in the journey toward building a secure and trusted Saudi cyberspace aligned with national ambitions. He added that investing in national cybersecurity leadership is no longer optional but a strategic necessity for ensuring sustainable digital development. The program reflects a commitment to empowering national talent to lead the digital security landscape according to the highest global standards.

He further emphasized that such initiatives contribute to strengthening digital security ecosystems and enabling organizations to confidently and sustainably address future challenges.

Samer Omar, cybersecurity and digital trust leader at PwC Middle East, added: “CISO500 is a long-term investment in Saudi leadership. Over the past year, we’ve seen how bringing together senior Saudi cybersecurity professionals in a structured executive environment accelerates capability, builds confidence and deepens collaboration. As the program enters its second year, our focus remains on equipping Saudi CISOs with the strategic perspective and technical depth required to secure the Kingdom’s digital ambitions.”

The program addressed a range of advanced topics, including common cyber transformation pitfalls, mechanisms for securing enterprise digital transformation, and cybersecurity budgeting and financial governance. These topics enhanced leaders’ ability to translate cyber risks and security investments into financial indicators that support executive decision-making.

It also covered the latest technological developments, particularly artificial intelligence, emerging technologies, quantum computing, and the protection of critical and operational infrastructure. Emphasis was placed on the importance of security governance for AI technologies and strengthening enterprise-wide risk management perspectives associated with them.

The program adopted an interactive learning methodology combining strategic discussions, collaborative work, and creative practical exercises, contributing to a deeper understanding of concepts and enabling their translation into applicable organizational practices.

Abdullah Al-Asmari, global cybersecurity director at the Saudi Research and Media Group and one of the program participants, said that the experience added significant strategic and practical value: “The program provided a rich experience that strengthened the leadership perspective of cybersecurity, particularly in linking technical practices with strategic and financial dimensions within the organization. It also offered valuable space for exchanging expertise on emerging technologies such as AI and quantum computing, and the challenges of securing critical infrastructure. This experience enhances cyber leaders’ ability to adopt a more influential role in supporting digital transformation and enabling decision-making based on a comprehensive understanding of risk and value.”

He added that the program facilitated the exchange of insights on emerging challenges and strengthened the ability to align cybersecurity with institutional objectives and executive decision requirements.

Participants said that the program constituted a valuable professional and knowledge-driven experience that enhanced the readiness of cyber leaders to keep pace with rapid digital transformation, reinforcing cybersecurity’s role as a strategic enabler that supports innovation while preserving business trust, reliability, and sustainability.