The Guardian unveils that oil-rich nations back push against Unesco recommendation to have reef placed on world heritage ‘in danger list. Australia has gained the support of oil-rich Saudi Arabia and Bahrain in its lobbying effort to keep the Great Barrier Reef off a list of world heritage sites in danger. The two nations, both […]
Saudi Arabia on July 4 reiterated its commitment to preserve and restore its marine biodiversity, Arab News reports. Deputy Minister of Environment, Water and Agriculture Dr. Osama Faqeeha, the inaugural chairman of Global Coral Reef R&D Accelerator Platform, said Saudi Arabia is home to the Red Sea’s most resilient coral reefs it will continue to […]
ACWA Power, the utility developer, backed by Saudi Arabia’s Public Investment Fund (PIF), is planning to invest $16 billion in new projects worldwide in 2021, ahead of plans for an initial public offering (IPO), Arab News reports. Early last year, CEO Paddy Padmanathan said the company planned to invest $10 billion in new projects in […]
sustainability from the US Green Building Council (USGBC), Arab News reports. The award is for applying the highest sustainability standards. KAFD also received the Leadership in Energy and Environmental Design (LEED) platinum certification to recognize its commitment to preserving the environment and contributing to social and economic development. The USGBC, a nonprofit organization founded in […]
Saudi Electricity Company (SEC) has agreed a $500 million green lending facility. The financing was guaranteed by the Japan Bank for International Cooperation (JBIC), to support SEC’s green projects across its transmission and distribution networks, the utility said in a stock exchange filing on July, 6. Several other Japanese banks participated in the 12-year facility, […]
The Saudi Green Building Forum will host a virtual event alongside the UN’s High-Level Political Forum on Sustainable Development, to be held between July 6-15, as part of the continued fight against the persistent coronavirus disease (COVID-19) pandemic, Arab News reports. The event, which seeks a “sustainable and resilient recovery from the COVID-19 pandemic that […]
A team of scientists at Jeddah-based King Abdullah University of Science and Technology is testing a technique for freezing greenhouse-gas emissions from power plants that is about half the cost of existing carbon capture techniques, Bloomberg and Arab News reported. The cryogenic technology was developed by Sustainable Energy Solutions, a private company based in Salt […]
A living museum. That is hardly a phrase usually heard to describe an ancient site whose history stretches back some 2,000 years to the time of the Nabataeans, an enigmatic people whose trading empire carved out this mysterious hidden gem, known today as AlUla. The site will soon enjoy a second chance at glory thanks […]
Jeddah Economic City – one of Saudi Arabia’s flagship megaprojects, which will include the world’s tallest tower – is nearing completion on all road construction and landscaping work, according to a senior executive on the project, Arab News reports. Speaking at the Urban Landscape Saudi 2021 event this week, Fady Nassim, executive head of urban […]
Iraq is in talks with Masdar to implement solar energy projects targeting an electricity capacity of up to 2 gigawatts, Oil Minister Ihsan Abdul Jabbar told Asharq Business, Arab News reports. There are also discussions with Saudi ACWA Power, to implement renewable energy projects, he added. “It is expected to sign contracts for renewable energy […]










