Tag: Saudi Arabia

    Riyadh plans climate neutrality for 2060 but will continue to pump oil actively
    29 Dec 2021

    Leading oil exporter Saudi Arabia will strive to achieve zero carbon emissions by 2060, its de facto ruler, Crown Prince Mohammed bin Salman announced on October 23 at the Future Investment Initiative forum ahead of the UN Climate Conference (COP-26). Ben Salman stressed that Saudi Arabia would fight climate change while ensuring stability in the […]

    Suhail Al Mazrouei visited the Saudi pavilion at Expo 2020 Dubai
    29 Dec 2021

    Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has visited the Saudi Arabia Pavilion at Expo 2020 Dubai, WAM reports. The Saudi pavilion is characterized by its innovative and sustainable design, enabling it to acquire a Leadership in Energy and Environmental Design in energy and environmental design. During the visit, Al Mazrouei explored […]

    There was common ground at COP26 and ADIPEC, but fundamental differences remain
    29 Dec 2021

    There was common ground at COP26 and ADIPEC. Both conferences covered the same ground, but a conundrum sits at the heart of sustainability debate, writes Badar Chaudhry, Senior Vice President, Unit Manager at Energy Sector, Mashreq. (The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) is one of the world’s most influential events for the […]

    Gaussin – Aramco Signing Partnership
    27 Dec 2021

    Saudi Arabian energy giant Aramco announced on December 4 that it had signed five agreements with French companies on a variety of projects, Oil and Gas Middle East reports. The agreements included an announcement between Aramco and French renewable energy technology firm Gaussin to establish a modern manufacturing facility in Saudi Arabia focused on on-road […]

    Climate change leads to challenges for Gulf states
    21 Dec 2021

    Gulf state leaders at the GCC summit in Riyadh last week pushed for greater cooperation and unity among Arab nations. There is a clear understanding that in today’s climate, with economic challenges from COVID-19 and changes to global oil usage, they must pull together to fully utilize the strength of the GCC and all it […]

    Saudi Arabia: 9 held for poaching in Saudi reserve

    Saudi police had arrested nine persons for trespassing into a protected reserve for illegal hunting, local media reported. The arrests were made by the Special Forces for Environmental Security (SFES) who caught the offenders with five falcons used for hunting in their possession in the Royal Turki bin Abdullah Reserve in the region of Ha’il […]

    Saudi Arabia’s SR75b Jeddah Central Project masterplan launched in Kingdom’s next big push

    Another landmark project hits Jeddah. The Jeddah Central will generate an additional SR47 billion in economic activity by 2030. The SR75 billion Jeddah Central Project’s masterplan has been approved, which will see the development of 75 million square metres of land overlooking the Red Sea. The project will be backed by Saudi wealth fund PIF […]

    Saudi Arabia launches bid to host World Expo 2030 in Riyadh

    Saudi Arabia took part in a virtual general assembly meeting of the Bureau International des Expositions held in Paris to start the candidature process, which will take place in five stages and will end with a vote at the end of 2023. The Kingdom delivers virtual tours highlighting capital as ‘a prosperous, sustainable city of […]

    The Red Sea view of the Milky Way “must be preserved” – Dark Sky certification on The Red Sea Project

    Let’s get to know what TRSDC’s Ian Williamson and Cundall’s Andrew Bissell talk about working on a never-before-accomplished Dark Sky certification on The Red Sea Project, which is about the size of the country of Belgium. The original articl was published by Mepmiddleeast. Saudi Arabia’s Public Investment Fund (PIF)-led The Red Sea Development Company (TRSDC) […]

    ACWA Power inks deal to finance clean energy projects
    14 Dec 2021

    The agreement paves the way for Natixis CIB to finance approximately $2bn over two years for ACWA Power’s future project pipeline, Mepmiddleeast reports. Saudi Arabia’s ACWA Power, which is a leading developer, investor, and operator of power generation, desalinated water, and green hydrogen plants worldwide, has inked a Memorandum of Understanding (MoU) with Natixis Corporate […]