Saturday, January 20, 2018
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Eye of Riyadh

SEC secures SR9.75 billion syndicated bridge loan
Environment & Energy | Saturday 20 January, 2018 5:03 am
Saudi Electricity Company (SEC) said on Thursday it had signed a SR9.75 billion ($2.6 billion) bridge syndicated loan. Ziyad Al-Shiha, CEO of the company, said that the unsecured debt facility, with a one-year maturity, would be used for general corporate purposes and to back the...
Al Salem Johnson Controls (YORK) Exhibits Solutions for Energy Conservation at the Saudi HVAC R Expo 2018
Environment & Energy | Thursday 18 January, 2018 4:17 pm
Al Salem Johnson Controls (YORK) - the Pioneering and specialist in providing integrated solutions in the Heating, Ventilation, Air-conditioning and Cooling (HVAC) field, fire safety systems, enterprise security and control and smart solutions for energy conservations – participated in the...
Research Groups from the USA, China and Russia Awarded for the UAE Rain Enhancement Program USD$5 Million Grant
Environment & Energy | Thursday 18 January, 2018 3:25 pm
The awardees of the UAE Research Program for Rain Enhancement Science were announced during Abu Dhabi Sustainability Week (ADSW) 2018.     In the presence of an audience comprising VIP dignitaries, ambassadors, stakeholders and leading scientists, three research teams from the USA,...
GE Showcases HA Gas Turbine at Industry-First 64 Percent Efficiency
Environment & Energy | Thursday 18 January, 2018 2:01 pm
Under the theme ‘Energy. Reimagined.’ GE (NYSE: GE) is showcasing industry-leading technologies that offer greater efficiency, flexibility, sustainability and savings for the power sector at the World Future Energy Summit (WFES) 2018 being held at the Abu Dhabi National Exhibition...
ADNOC to Expand Carbon Capture, Use & Storage Technology to Reduce Environmental Footprint and Enhance Oil Recovery
Environment & Energy | Thursday 18 January, 2018 5:08 am
The Abu Dhabi National Oil Company (ADNOC) is planning to significantly expand its use of Carbon Capture, Use and Storage (CCUS) technology to meet a six-fold increase in the utilization of CO2, for Enhanced Oil Recovery (EOR), over the next 10 years. The volume of the greenhouse gas safely locked...
Sadara Signs Agreements to Sell and Lease Back Packaging Center Assets
Environment & Energy | Wednesday 17 January, 2018 1:58 pm
Sadara Chemical Company (Sadara) has today concluded negotiations with Al Fozan, a leading Saudi conglomerate, regarding a set of agreements relating to the sale and lease back of the Sadara Solids and Liquids Handling Center, also known as the Packaging Center, located in Sadara’s Jubail...
Abdul Latif Jameel Energy to power nearly a quarter of a million homes in Chile with solar-wind energy
Environment & Energy | Tuesday 16 January, 2018 1:14 pm
Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, has been awarded a 540 GWh hybrid solar-wind project in Chile that will see it power nearly a quarter of a million homes with clean energy for 24 hours a day, 365 days a year.   Coinciding with the World Future Energy ...
Director General for UAE Space Agency highlights mars mission challenges at CABSAT 2018
Environment & Energy | Monday 15 January, 2018 2:33 pm
His Excellency Dr Mohammed Nasser Al Ahbabi, Director General for the UAE Space Agency delivered a keynote session on the importance of the country’s space programme highlighting challenges faced by his team in the region while planning for their mission to Mars.   The talk was...
Bee'ah to Add 50 All-electric Tesla Semi Trucks to its Transport Fleet
Environment & Energy | Monday 15 January, 2018 11:48 am
In line with its efforts to provide a better quality of life in the Middle East, Bee'ah, the region's fastest growing environmental management company, has underscored its unshakeable vision for sustainability by purchasing the first and largest fleet of Tesla Semi trucks in...
Coca-Cola returns 1.75 billion litres of water to nature and communities in the Middle East and North Africa
Environment & Energy | Monday 15 January, 2018 12:50 am
The Coca-Cola Company announced that it has returned 1.75 billion litres of water to nature and communities across the Middle East North Africa (MENA) region in 2017. This achievement represents a critical contribution to Coca-Cola’s global goal to replenish 100 percent of the water ...