Alfanar signs MoU with Aramco to develop in-Kingdom initiatives ...United Arab Emirates

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Alfanar signs MoU with Aramco to develop in-Kingdom initiatives
Saudi-based Alfanar has signed a co-operation agreement with Aramco, which aims to augment localisation, innovation, digitisation ‎and sustainability in the Kingdom. The initiatives covered under the MoU include: manufacturing, EPC, modularisation, commercialisation of intellectual properties (IP), energy efficiency and environmental protection, said a statement from Alfanar. The initiatives align with the In-Kingdom Total Value Add (IKTVA) programme that Aramco launched to support economic development through local content increment, the company noted. ‎The MoU was signed by Ahmad Al Saadi, senior VP of Technical Services at Aramco and Abdul Salam Al Mutlaq, chairman of Alfanar at the Alfan

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