Tag: Saudi Arabia

    Saudi Electricity agrees $500m green credit facility in ESG push
    11 Jul 2021

    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 experts to find a pathway to implement UN’s Sustainable Development Goals

    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 […]

    Saudi scientists testing cryogenic technology to freeze carbon emissions
    05 Jul 2021

    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 […]

    AlUla’s ‘green pedestrian spine’: ‘journey through time’ along the ancient incense route

    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: 90% of road, landscaping work done

    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 Saudi and UAE firms to deliver clean energy, minister says
    29 Jun 2021

    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 […]

    European nature, cheap services. Why Arab tourists rush to Ukraine
    28 Jun 2021

    The sudden development of tourism from Saudi Arabia to Ukraine is a strange consequence of the post-pandemic era. This Eastern European country, which left the Soviet Union 30 years ago, attracts Arab tourists with cheap prices, no visas, and incredible European nature. Climate change has also added arguments in favor of the Slavic country – […]

    Saudi Arabia’s NEOM and KAUST partner to create the world’s largest coral garden in the Red Sea

    Officials in Saudi Arabia have announced a joint project to establish the largest coral garden in the world at NEOM, the futuristic mega-city being built in the Kingdom’s northwest, Arab News reports. NEOM and King Abdullah University of Science and Technology (KAUST) said that the project that will cover 100 hectares on Shusha Island on […]

    HH Shaikh Abdulla bin Hamad deputizes SCE’s CEO to chair GCC meeting

    HM the King’s Personal Representative and President of the Supreme Council for Environment (SCE), HH Shaikh Abdulla bin Hamad Al Khalifa, on June, 8 deputized the Special Envoy for Climate Affairs and Chief Executive Officer of the SCE, Dr. Mohammed bin Mubarak bin Daina, to chair the 23rd meeting of the GCC Ministers Responsible for […]

    Saudi Arabia has adopted several strategies to achieve sustainable agricultural development

    Saudi Arabia has adopted a number of strategies and programs to promote sustainable agricultural development and increase the agricultural area, said Ahmad Al-Fares, governor of Saudi Grains Organization (SAGO), on June 14, Saudi Gazette reports. These different strategies contribute to achieving food security at the national, regional, and international levels and preserving natural and environmental […]