ACWA Power’s Vice Chairman and Managing Director, Raad Al-Saady, said the construction cost of the three major photovoltaic (PV) solar power projects - Haden, Al-Muwayh, and Al-Khashiby - is nearly SAR 1.6 billion, some of the least expensive in the world. In an interview with Al ...
Saudi Arabian Oil Co. (Saudi Aramco) topped by a significant margin the list of the world's largest oil companies in terms of proven reserves in 2022, according to data collected by Statista from company reports. Saudi Aramco's oil and gas reserves are estimated at around 259 billion barrels...
The Ministry of Industry and Mineral Resources announced today that six companies won the fifth round of mining competitions. The ministry stated on the messaging platform X that Saudi Arabian Mining Co. (Maaden) and Almasane Alkobra Mining Co. (AMAK) were among the winners. The mining...
Saudi Arabia’s Ministry of Energy launched today, June 24, the geographical survey project for renewable energy sites and awarded contracts to Saudi companies to install 1,200 stations for measuring solar and wind energy across all regions of the Kingdom.On the sidelines of the signing ceremony,...
The UAE Research Program for Rain Enhancement Science (UAEREP) hosted an international assembly of leading scientists, experts, and stakeholders to discuss strategic research thrust areas and outline short- and long-term roadmaps for its 6th Cycle. This cycle will offer grants to up to three...
The National Water Company (NWC) announced the success of its operational and technical plan for water distribution and management for this year's Hajj season 1445H, distributing more than 45 million cubic meters of water to the pilgrims during the season. The CEO of the National Water...
The Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi Investment Office (ADIO) announced a key agreement with the Federal Government of the United Arab Emirates to streamline regulatory approvals for the food and water industry, advancing AGWA (AgriFood Growth and Water...
Saudi Arabia is one of the major investors in clean energy as it has giant projects aimed at reducing the climate change effects, Saudi Press Agency reported, citing Adel Al-Jubeir, Minister of State for Foreign Affairs and Climate Envoy. The Kingdom has a waste recycling program...
Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman bin Abdulaziz, said that oil production would gradually increase beginning in 2025 and continuing for the next three years before returning to 12.3 million barrels in 2028. Speaking at a panel discussion at the St....
H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region and Chairman of the Board of Directors of the Environment Agency – Abu Dhabi (EAD), has affirmed EAD’s commitment to preserving the environment and its biodiversity, as a unique natural heritage rooted in the...