The kingdom’s Public Investment Fund has been investing more in businesses that benefit from a transition away from fossil fuels, mirroring Saudi Arabia’s broader strategy to diversify its economy from reliance on crude sales. Saudi Arabia’s $430 billion sovereign wealth fund plans to announce its first green debt issuance as it looks to increase the […]
Since its establishment in 1961, the Organization of the Petroleum Exporting Countries has faced many challenges. These challenges ranged from the abduction of one of its ministers, wars in member countries, and international sanctions targeting oil exports to threats and international political pressure to force the organization to change its production policy and lower oil […]
Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadhli said that Saudi Arabia is striving to strengthen the sustainability of natural resources and improving the food consumption systems to bring down food waste by 50% by the year 2030. He made the remarks while attending the UN Food Systems Summit held at the United Nations […]
Cyclone Shaheen slammed into Oman on October 3 with ferocious winds and heavy rain, flooding streets, prompting evacuations from coastal areas and suspending some flights to and from the capital Muscat. Authorities in the United Arab Emirates have said precautionary measures are being taken and Saudi Arabia has called for caution in several regions after […]
While we forget to turn off the tap when brushing our teeth, the world is already calling water “blue gold of the XXI century” and “new oil.” These names emphasize that water supplies are dwindling, and our needs are increasing. Today it becomes evident that this everyday blessing is, actually, a luxury that is not […]
The cub is the latest of 16 born to date at the Arabian Leopard Breeding Center in the Prince Saud Al-Faisal Wildlife Research Center in Taif. The Arabian leopard is classified as “critically endangered;” numbers in the wild have declined to fewer than 200 because of poaching and loss of habitat. A female Arabian leopard […]
Saudi Arabia has presented itself as a world-class mining destination with unique opportunities for investors, explorers, miners and service providers in this rapidly evolving sector, GD Online reports. Speaking at MINExpo International 2021, Las Vegas, Khalid Al-Mudaifer, Vice-Minister of Mining Affairs for the Saudi Ministry of Industry and Mineral Resources, said: “Saudi Arabia is very […]
The Fourth Industrial Revolution (4IR), a concept developed by Klaus Schwab of the World Economic Forum (WEF) as a roadmap for the 21st century, has applications across all aspects of human life, from how we communicate with each other to our relationship with the physical world. Let’s get acquainted with the Arab News article on […]
The Saudi British Bank (SABB) has been named “The Leading Bank in Financing Sustainable Projects in the Middle East” for the year 2021 by Global Finance as part of its annual Excellence Awards, GD Online reports. SABB was chosen for this award based on a set of international standards of excellence in several areas, including […]
Can the climate emergency show us how to see through the political stasis of MENA current regimes? Let’s check out the controversial pre-pandemic article written by Omar Robert Hamilton for Madamasr. The author is a filmmaker and writer. He co-founded the Palestine Festival of Literature and the Mosireen media collective in Cairo. His debut novel, […]
