RIYADH, SAUDI ARABIA, December 2025: Omar Aldaweesh, CEO of EDF Saudi Arabia, and Faisal Al Monai, Chairman of droppRWA Limited, have officially signed a Memorandum of Understanding (MoU) to explore pioneering blockchain-based solutions for the energy sector in the Kingdom of Saudi Arabia.
The signing ceremony, held in Riyadh on December 18, 2025, formalizes a strategic partnership aimed at enhancing operational efficiency and unlocking new liquidity across energy infrastructure projects.
Strategic Collaboration for Future Energy
The MoU establishes a framework for both organizations to explore the integration of decentralized technologies within the Saudi energy landscape. The collaboration focuses on assessing the potential for blockchain-based protocols to streamline inter-company transactions, the tokenization of real-world energy assets to improve project liquidity, and the development of innovative frameworks for the carbon credit industry.
By bringing energy assets on-chain, ranging from renewable energy installations to thermal assets, the partnership seeks to modernize financing structures and drive transparency throughout the asset lifecycle.
Driving Vision 2030 Objectives
This collaboration aligns with the Kingdom of Saudi Arabia’s Vision 2030 by integrating cutting-edge financial technology into the energy transition. By leveraging droppRWA’s "Sovereign RWA" infrastructure, the initiative aims to set a new standard for how large-scale energy projects are managed and financed in the region, fostering a more sustainable and efficient economic environment.
Omar ALDAWEESH, CEO of EDF RHQ, commented: "At EDF, we are committed to supporting the Kingdom's energy goals through innovation. Exploring the potential of asset tokenization and next-generation financial technology allows us to look beyond traditional frameworks. This collaboration with droppRWA will provide valuable insights into how these technologies can drive value for our projects and contribute to a more robust carbon credit market."
