07 Rabi' I 1445 - 22 September 2023
Sign up for newsletter
Eye of Riyadh

Japan returns to nuclear energy
Environment & Energy | Wednesday 19 August, 2015 4:04 pm
Japanese Kyushu Electric Power Company Inc publicly announced the launch of power unit No.1 at Sendai NPP. The power unit has started generating electricity on Friday, August 14, and the second power unit at the plant will be put into operation in mid-October. Both power nuclear units at Sendai...
Saudi banking system well positioned to weather lower oil prices
Environment & Energy | Wednesday 19 August, 2015 1:00 am
The Saudi banking system is well positioned to weather lower oil prices and the growth slowdown, according to the International Monetary Fund. According to a press release, IMF executive directors welcomed Saudi Arabia’s strong economic performance while noting that the large decline in oil...
ACWA Power expands flagship Revolver facility by SAR 1,109 million
Environment & Energy | Monday 17 August, 2015 2:33 am
ACWA Power has increased its maiden revolver facility, structured on a fully sharia compliant commodity murabaha basis, by SAR 1,109 million whilst effectively extending the final maturity date by an additional year. This has been achieved through the following separate facilities (the...
NWC: eBranch to soon serve all NWC customers in four cities
Environment & Energy | Monday 17 August, 2015 1:44 am
The launch of the eBranch for customer services is an example of the multiple options offered by NWC to provide a better service and ensure a wider scale of customer satisfaction, according to Eng. Yousif Abdullah Al-Said, Senior Director for NWC Electronic Applications and General Supervisor of...
French scientists to train Saudis in nuclear energy
Environment & Energy | Saturday 15 August, 2015 4:52 am
King Abdullah City for Atomic and Renewable Energy (K.A.CARE) joined hands with the International Institute of Nuclear Energy (12EN) to train Saudi engineering graduates in nuclear energy programs to achieve its vision 2032, which aims to replace 50 percent of the dependence on traditional fossil...
Russia is ready to help Egypt become a regional leader in the nuclear industry
Environment & Energy | Thursday 13 August, 2015 4:20 am
Russia is ready to help Egypt become a regional leader in the nuclear industry: the intergovernmental agreement on the terms of nuclear power plant construction in Egypt and the contracts between the companies of two countries are almost ready for signing, said The Prime Minister of Russian...
NWC completes huge SAR 167 million expansion for wastewater treatment plant in Taif
Environment & Energy | Sunday 9 August, 2015 3:06 pm
NWC said it has finished an expansion project for a wastewater triple treatment plant in Wadi Al-Araj, north of Taif, at a total cost of SAR 167 million, increasing capacity by 80,000 m3 daily. The total capacity of Taif environment treatment plants has been raised from 67,000 m3 to 147,000 m3...
Additional 75.5 million sqft were added to district cooling systems in Middle East in 2014
Environment & Energy | Thursday 6 August, 2015 11:21 am
According to the latest International District Energy Association (IDEA)’s report on growth in District Energy, the Middle East region recorded the addition of additional 75,459,748 sqft to district cooling systems in 2014.    Emirates Central Cooling Systems Corporation...
Carbon Clean Solutions Awarded as Technology Pioneer by World Economic Forum
Environment & Energy | Thursday 6 August, 2015 1:45 am
 Carbon Clean Solutions (CCS), a London-based energy technology company, was awarded today as one of the World Economic Forum’s “technology pioneers”, a selection of the world’s most innovative companies. CCS was founded by two graduates from the Indian Institute of...
Solar power plant set to open in Aflaj
Environment & Energy | Wednesday 5 August, 2015 4:27 am
The solar-power plant, “Layla,” in Aflaj province, will be opened shortly, Saleh Al-Awaji, chairman of Saudi Electricity Company (SEC), has said. The Saudi Electricity Company (SEC) is one of the signatories, along with King Abdulaziz City for Science and Technology (KACST) and Taqnia...