SDB partners with Italian institute to train Asir craftsmen

A partnership was signed between the Social Development Bank and the Italian Institute of Contemporary Art.
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Updated 04 August 2025
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SDB partners with Italian institute to train Asir craftsmen

  • The event witnessed the signing of a strategic cooperation agreement between the SDB and the IICA

The Social Development Bank hosted an event to train and empower local craftsmen and jewelry designers in the Asir region, in association with the Italian Institute of Contemporary Art, one of the world’s leading institutes specializing in contemporary craft design and artistic jewelry making.
The event, “Asir: Craftsmanship Celebration,” offered specialized training in creating handicrafts using copper and gold leaf, reflecting the artists’ national identity while aligning with contemporary artistic trends. It drew inspiration from local cultural heritage, particularly Asir’s Al-Qatt art form, to reimagine traditional techniques in a modern context, capturing the spirit and cultural uniqueness of the region.

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This agreement is part of the bank’s efforts to expand its international partnerships and transfer global expertise to the local market by offering specialized training programs.

This initiative enhanced participants’ technical and production skills in metal forming and professional techniques, ensuring they can produce high-quality pieces that meet market demands. Additionally, the aim is to transform these skills into sustainable economic opportunities by enabling participants to design and implement marketable models for the hospitality, hotel, and luxury gift sectors.
The event witnessed the signing of a strategic cooperation agreement between the SDB and the IICA. This agreement is part of the bank’s efforts to expand its international partnerships and transfer global expertise to the local market by offering specialized training programs in several regions of the Kingdom, supporting the empowerment of productive groups, and enhancing their competitiveness.
The event also hosted a session titled “Asir’s Most Splendid Diwaniya,” which featured a group of entrepreneurs, investors, and local experts. It addressed strategic themes related to the integration of the crafts and tourism sectors, the role of freelance work in enhancing project readiness and reducing costs for seasonal establishments, and ways to invest in local resources and develop culturally relevant products. Participants spotlighted the significance of raising the economic value of national crafts and linking them to tourism and hospitality.
The “Asir: Craftsmanship Celebration” event reflects the SDB’s commitment to empowering craft and creative project owners by transforming skills into economic opportunities. Since launching its specialized training program in 2023, the bank has trained more than 300 beneficiaries, created 250 quality products, and qualified 30 percent of participants for financing, enabling more than 150 productive families to expand their businesses. Over the last two years, the initiative has conducted more than 15 training programs, with 40 percent of participants receiving funding, resulting in a 40 percent increase in sales for existing projects. The program also organized seven dialogue forums to foster collaboration with supporting entities.
The event serves as a key interactive track within this training program, linking productive families and self-employed individuals with investors, and enhancing the integration of crafts and tourism in the Asir region. It highlights the crucial role of handicrafts in the tourism experience and the importance of self-employment in the local hospitality sector.

 

 


Alfanar Projects wins MEED Award for ‘Industrial Project of the Year’

Updated 17 December 2025
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Alfanar Projects wins MEED Award for ‘Industrial Project of the Year’

Alfanar Projects has been recognized as a “national winner” at the MEED Projects Awards 2025, for its role as the main contractor in the landmark Tuwaiq Casting and Forging Plant, which was awarded “Industrial Project of the Year.”
Developed through a strategic partnership between the Saudi Arabian Industrial Investments Company, or Dussur, Saudi Aramco, and Doosan Heavy Industries and Construction, the Tuwaiq Casting and Forging Plant represents a cornerstone in the Kingdom’s drive to establish a world-class industrial base, localize advanced manufacturing capabilities, and strengthen national supply chains.
Situated in Ras Al-Khair Industrial City, the plant spans over 400,000 square meters, encompassing 39 major buildings and an extensive network of infrastructure and external works. Alfanar Projects delivered the project on a lump-sum turnkey basis, executing more than 122,000 cubic meters of concrete, erecting 25,000 tons of structural steel, installing hundreds of kilometers of underground piping and cabling, and implementing advanced electrical and mechanical systems to global engineering standards.
With a production capacity of 60,000 tons per year, utilizing state-of-the-art sand casting and open-die forging technologies, the plant will play a pivotal role in serving critical sectors such as the oil and gas industry, maritime industries, and heavy equipment manufacturing, while advancing Saudi Arabia’s goals of industrial localization and self-sufficiency.
Jamal Wadi, president of Alfanar Projects, said: “The Tuwaiq Casting and Forging Plant embodies the pinnacle of what engineering can achieve when coupled with determination. The project brought together complex architectural and structural challenges with advanced engineering solutions, which we executed with precision and efficiency. This landmark facility stands as a testament to our deep expertise as an industrial contractor and to our ability to harness engineering excellence in building strategic projects that underpin the Kingdom’s economic future.”
The MEED Projects Awards, organized in partnership with Mashreq Bank, are among the most prestigious accolades in the region, celebrating excellence in project delivery across sectors. Alfanar Projects’ recognition underscores its role as a leading national contractor, committed to delivering world-class industrial infrastructure projects that support the Kingdom’s long-term vision for sustainable growth and industrial leadership.
The leading engineering and construction company is dedicated to advancing the Kingdom’s infrastructure and industrial landscape in alignment with Vision 2030. Through its commitment to sustainable development, Alfanar Projects supports the growth of key sectors, including building construction, urban infrastructure, renewable energy, and grid modernization across Saudi Arabia and internationally. With an emphasis on localization, innovation, and sustainability, Alfanar Projects continues to deliver world-class solutions that contribute to the Kingdom’s ambitious economic and social transformation.