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Eye of Riyadh
Eye of Riyadh

Phase 2 of Makkah strategic water storage project to undergo test run in 2016
Environment & Energy | Sunday 6 September, 2015 4:09 am
NWC is working on finishing the SAR 260,000 second phase of its strategic water storage project in Makkah that has a capacity of 760,000 cubic meters. The project comprises four cylindrical tanks that are each 20 meters high, 110 meters in diameter and has a capacity of 190,000 cubic meters. The...
 SABIC cuts steel prices by SR 200 in all the regions of the Kingdom
Environment & Energy | Thursday 3 September, 2015 12:40 pm
The Saudi Basic Industries Corporation (SABIC) announces the reduction in the retail price of rebar by SR 200 per ton in all regions of the Kingdom, effective Tuesday, September 1, 2015. Abdulaziz Sulaiman Al-Humaid, SABIC Executive Vice President, Metals Strategic Business Unit, said that the...
Sadara and Juffali Sign Multi-Year “BTG” Supply Agreement Following Successful “MDI” Agreement
Environment & Energy | Thursday 3 September, 2015 5:56 am
Sadara Chemical Company and E. A. Juffali & Brothers, a privately-owned Saudi company, have signed a second supply agreement, this time for Butyl Tri-Glycol ether (BTG), following the successful execution of an MDI supply agreement in July 2015. With this new agreement, Sadara will supply BTG...
NWC: The 3rd stage of strategic storage shall add one million m3 of water to Jeddah
Environment & Energy | Tuesday 1 September, 2015 5:53 am
NWC stated that it is racing time and exerting huge efforts to finish the 3rd phase of strategic storage project in Faisalyah, Jeddah. The Company is installing 4 calendric iron tanks with storage capacity of one million m3, worth SAR 452 million. NWC noted that these tanks should inter into...
KACARE Delegation Visits Masdar City
Environment & Energy | Monday 31 August, 2015 5:37 am
 Masdar officials hosted a delegation from the Kingdom of Saudi Arabia’s King Abdullah City for Atomic and Renewable Energy (KACARE) at Masdar City and provided a guided tour of the world’s most sustainable urban development. The KACARE delegation began its two-day visit to Masdar...
SR795m daily loss if oil use not checked
Environment & Energy | Sunday 30 August, 2015 5:57 am
 A group of economic experts has warned that the Kingdom stands to lose SR795 million per day by using oil to generate electricity and for water desalination, and called for tapping renewable and alternative energy resources. According to statistics, the Kingdom’s current oil...
NWC makes early arrangements for Hajj and provides electronic services for pilgrims
Environment & Energy | Sunday 30 August, 2015 5:53 am
NWC held a workshop for discussing the activities of Executive Hajj Committee in Makkah and Masha’er for serving pilgrims of Hajj season 1436h. The workshop was attended by CEO, executive management and Company Hajj team. During this workshop, NWC reviewed its readiness plan for managing...
Oman Tank Terminal Company (OTTCO) Launches Floating Storage Facility in Oman
Environment & Energy | Saturday 29 August, 2015 2:56 am
Oman Tank Terminal Company L.L.C. (OTTCO), a subsidiary of Oman Oil Company (OOC), today announced the launch of a new floating storage facility, with a 2.1 million barrel capacity at Mina Al Fahal, for global customers of Oman Export Blend. Three customers – China Oil,...
Environment & Energy | Friday 28 August, 2015 5:51 am
The consortium of ACWA Power, Mitsui& Co., Ltd.(“Mitsui”) and Dhofar International Development and Investment Holding Co (DIDIC) has achieved financial close for the development, construction, ownership and operation of a 445 MW high efficiency gas fired power generation plant along ...
AQYLON is innovating in renewable energies and energy efficiency
Environment & Energy | Thursday 27 August, 2015 1:27 pm
AQYLON designs, manufactures and installs Organic Rankine Cycle (ORC) solutions for the industrial generation of green electricity. ORC technology makes it possible to generate clean, renewable energy deployable from low to high power ratings with a minimal environmental impact and at a competitive ...
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