Slick videos, fake moons, glow-in-the-dark sand, and fake rain. Neom? Nightmare or a futuristic green fantasy? PR stunt or a serious step in building a new Middle East green city? The authors of the following article by the Green Prophet say that they’ve already read that Saudi Arabia wants to be the new Ibiza and […]
From desert to a thriving, green land. It’s nothing short of a miracle, you might say. But this miracle was born of hard work and a vision. Let’s read the story by the Green Prophet. Al Baydha is an area in western Saudi Arabia, about 20 miles south of Mecca. It comprises nine villages inside […]
The Red Sea Development Company, which is driving the development of the giga-project The Red Sea Project, announced that its strategic alliance with global technology company SAP is helping streamline its digital innovations, Arab News reports. The Red Sea Project is a regenerative tourism destination spanning 28,000 square kilometers and more than 90 unspoiled islands […]
The Saudi Investment Recycling Company, owned by the Kingdom’s Public Investment Fund, has signed an agreement with King Faisal University in the Eastern Region’s Al-Ahsa Governorate to collaborate on research on new waste solutions, Arab News reports. The two organizations will work with the Date Palm Research Center of Excellence on recycling of agricultural waste […]
Kuwait Ports Authority (KPA) has approved a proposal to build the Middle East’s first city to serve electric vehicle manufacturers, the authority said in a statement in August. The statement does not make clear where the project, called EV City, will be located. The design and construction tendering process will be during the 2011/22 fiscal […]
The share of renewables in Gulf states’ electricity generation is marginal, and the region still utilizes fossil-fuel driven power grids, but the potential for clean energy is substantial, Al-Monitor states. Electricity consumption in the Gulf region is reaching its annual peak as armies of energy-intensive air conditioners work at full throttle to insulate populations from […]
Out of the 12 MENA green and sustainability-linked debts issuances, four deals from Saudi Arabia account for almost 63% of the region’s total volume, with the UAE holding the remaining 37% Let’s check the article written by Benjamin Grolimund, the Middle East and Africa regional manager, Financial Products – Bloomberg LP. *** Green finance is […]
Chief Administrative Officer Ahmed Darwish told CNBC Arabia that the Red Sea Development Co. will award SR1 billion ($267 million) of contracts a month as it moves to the next phase, including resorts, villas, and hotels. Until now, the company has been focused on infrastructure and related equipment, which make up most of its completed […]
Municipalities around Saudi Arabia are still looking for sustainable solutions for waste management and treatment. Let’s check Basil M.K. Al-Ghalayini story on the waste-to-energy issue for Arab News. He’s the chairman and CEO of BMG Financial Group. *** For years Saudi Arabia has witnessed rapid industrialization with high population growth, which has resulted in increased […]
Saudi Arabia has set up an air bridge to Algeria carrying urgent humanitarian aid to help the north African country “alleviate the effects” of deadly wildfires that swept across several cities, Arab News reports. The move has been directed by King Salman, who spoke to Algerian President Abdelmadjid Tebboune over the phone on last week […]
