Articles from MODON

MODON Attracts SAR 18 Billion in New Local Investments and SAR 12 Billion in Foreign Investments in 2025
The Saudi Authority for Industrial Cities and Technology Zones (MODON) recorded exceptional performance during 2025, attracting over SAR 12 billion in new foreign investments, a 100% growth compared to 2024, while new local investments reached SAR 18 billion, bringing total secured investments to approximately SAR 30 billion, a 25% growth rate.
By MODON · Via Business Wire · June 10, 2026
Modon Announces the Sell-Out of Tara Park on Reem Island, Abu Dhabi, Generating Nearing AED 2 Billion in Sales
Modon, an international holding company headquartered in Abu Dhabi, has announced the sell-out of Tara Park, a residential development on Reem Island in a prime location close to Abu Dhabi Global Market (ADGM), with the project generating nearing AED 2 billion in sales. The milestone reflects strong investor confidence and sustained demand, underscoring the emirate's growing position as a global safe-haven investment destination.
By Modon · Via Business Wire · May 1, 2026
MODON Launches “Motamim” to Enhance Industrial Integration and Attract Investments
The Saudi Authority for Industrial Cities and Technology Zones (MODON) has launched its distinctive investment product Motamim, aimed at strengthening industrial integration by leasing and operating production entities for small and medium enterprises (SMEs) within large existing factories in industrial cities.
By MODON · Via Business Wire · December 1, 2025
Inside the “Jeddah Food Cluster” How It’s Reshaping Food Investment in the Region
The coastal city of Jeddah in western Saudi Arabia is home to the “Food Cluster,” the largest specialized cluster of its kind in the world, according to Guinness World Records. The cluster supports the objectives of Saudi Vision 2030 by strengthening food security and enhancing Saudi Arabia’s readiness to become a leading regional and international hub for the manufacturing and export of food products.
By MODON · Via Business Wire · December 1, 2025
Modon Holding Announces a Strategic Investment in Wellington Lifestyle Partners, Expanding Its Global Portfolio in Luxury Lifestyle Destination Development
Abu Dhabi-based Modon Holding P.S.C (“Modon”) today announced a strategic investment in Wellington Lifestyle Partners (“WLP”), joining a consortium of existing investors in the company.
By Modon · Via Business Wire · November 26, 2025
Saudi MODON Strengthens Its Industrial Leadership by Launching the First Multi-Story Factory in the Arabian Gulf
MODON, the Saudi Authority for Industrial Cities and Technology Zones, has announced the launch of its landmark project, the Multi-Story Factory, in the First Industrial City in Dammam, the first of its kind in the Arabian Gulf Region. This initiative comes as part of MODON’s strategy to provide innovative products that enhance the investment climate in Saudi Arabia’s industrial sector.
By MODON · Via Business Wire · September 22, 2025