Saudi’s ACWA Power inks clean energy deals with Chinese firms
Saudi-listed ACWA Power has signed key MoUs with two Chinese firms to promote collaboration in areas such as green hydrogen and ammonia, global renewable energies, and integrated smart energies. The agreements were inked with state-owned China Southern Power Grid International Company and clean energy integrated solution provider MingYang Smart Energy Group, during the China (Guangdong) […]
G20 Summit: 11 key highlights of the New Delhi declaration
India’s presidency of the G20 group of countries saw the adoption of the New Delhi Declaration on the first day. It was adopted on Saturday, September 9 with a full consensus on all developmental and geo-political issues. Leaders from the world’s top economies found common ground in spite of significantly different stances on topics such […]
Amanat Holdings partners with Mada International Holding
Amanat Holdings (Amanat), a leading healthcare and education listed investment company, has entered into a partnership with Mada International Holding, one of the leading and well-diversified Infrastructure developers in the Kingdom of Saudi Arabia. This partnership will allow both parties to collaborate on Ministry of Health Public-Private Partnership (PPP) projects in Saudi Arabia, focused on […]
Saudi SME Bank signs cooperation deal with India’s SIDBI
The Small and Medium Enterprises Bank (SME Bank) of Saudi Arabia has signed a joint cooperation agreement with the Small Industries Development Bank of India (SIDBI). SMEB acting CEO Mr. Abdulrahman bin Mohammed bin Mansour and SIDBI Deputy Managing Director Mr. Sudatta Mandal attended the signing ceremony in the Indian capital, New Delhi, on the […]
SITE becomes Host Partner of IDC Saudi Arabia CIO Summit
IDC has received Saudi Information Technology Company (SITE) as the Host Partner for the 13th Edition of the Annual Saudi Arabia CIO Summit, Scheduled for September 13-14 at the Fairmont Hotel in Riyadh. The annual IDC Saudi Arabia CIO Summit stands as a highly anticipated event on the region’s tech industry calendar. This year’s edition, […]
Saudi Arabia’s NCM issues ‘yellow alert’; forecasts heavy rain, thunderstorm
Saudi Arabia’s General Directorate of Civil Defence has urged caution over the prolonged spell of rain and thunderstorms forecast for most regions of the kingdom this week, as per Saudi Press Agency. The country’s National Centre of Meteorology (NCM) has issued a “yellow” warning forecasting heavy rains and thunderstorms for most cities. Yellow alert due […]
Saudi Arabia establishes Global Water Organization
The Kingdom of Saudi Arabia has established a Global Water Organization, to be headquartered in Riyadh. The organization aims to integrate and enhance the efforts made by governments and organizations in securing global water sustainably. It plans to exchange expertise, advance technology, foster innovation, and share research and development experiences. Moreover, it will promote the […]
AFC Energy & TAMGO sign exclusive distribution agreement
AFC Energy, a leading provider of hydrogen energy solutions, has signed an exclusive distribution agreement with Saudi Arabia’s The Machinery Group (TAMGO) to market and sell AFC Energy’s zero-emission hydrogen-fueled H-Power Generators. Under the agreement, TAMGO will market and sell or lease to end-customers AFC Energy’s zero-emission hydrogen-fueled H-Power Generators in the industrial and off-grid […]
Saudi Arabia: King Salman Energy Park’s Logistics Zone to begin operations in 2024
King Salman Energy Park (SPARK) has said that its Logistics Zone will begin operations in 2024. The Logistics Zone, an advanced, fully automated district, will feature the first and largest private dry port in the region, on-site customs clearance services and bonded warehouses. It will be operated and maintained by SPARK Logistics, a joint venture […]
Saudi Arabia receives 7.8 million tourists in Q1 2023
Saudi Arabia’s Ministry of Tourism said that the country received 7.8 million tourists during the first quarter of 2023. That figure, it says, represents its highest quarterly performance, and was achieved on the back of a 64 per cent growth compared to the same period in 2019. It added that the kingdom achieved second place […]