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Saudi Foreign Minister Adel Al-Jubeir Meets with Secretary of State Rex Tillerson in Washington, Says ‘No Blockade’ of Qatar
- June 14,2017
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- SUSTG Team
Secretary of State Rex Tillerson met with his Saudi counterpart, Foreign Minister Adel Al-Jubeir in Washington yesterday to discuss the ongoing diplomatic situation in the GCC and other regional challenges. In brief remarks to reporters before the meeting, Foreign Minister Al-Jubeir said that there was no “blockade” of Qatar and that Saudi Arabia was exercising […]
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Saudi Arabia’s Vice Minister of Economy and Planning Mohammed Al Tuwaijri Gives Interview to Bloomberg News
- May 10,2017
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- SUSTG Team
Saudi Arabia’s powerful vice minister of economy and planning Mohammed Al Tuwaijri gave an interview to Bloomberg News on Tuesday and discussed the government’s borrowing plans, infrastructure spending and how the kingdom still intends to balance its budget by 2020. Al Tuwaijri, who is also head of the finance committee at Saudi Arabia’s powerful Council of Economic […]
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Yemen’s President Hadi Says Saudis Gave $10 Billion to Rebuild War-Torn Nation
- February 23,2017
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- SUSTG Team
Yemen’s President Hadi said that Saudi Arabia has given his nation $10 billion to rebuild following nearly two years of civil war, according to reports. The funds will go to restoring electricity and water supply, healthcare, education and communications, according to RT. Hadi defined these as the “urgent priorities” for his government. Saudi officials have yet to […]
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Photos Show Severe Floods Hitting Saudi Arabia’s Asir Region
- February 15,2017
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- SUSTG Team
At least one person was killed and hundreds rescued on Wednesday after severe flooding in Saudi Arabia’s Asir region. Videos and photos emerging online of the floods show fast-moving currents sweeping away cars and motorists stranded in water. Saudi Arabia’s Civil Defense said that 10 others were injured and over 280 people were rescued while dealing with […]
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Saudi Arabia Approves $24.5b for Water, Agriculture, and Environment Spending to Meet Vision 2030 Goals
- February 13,2017
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- SUSTG Team
Saudi Arabia has approved $24.5b for water, agriculture, and environment spending to allow government leaders to meet 16 goals set as part of its Vision 2030 development plan, Reuters reports. The figure was stated by Abdulrahman Al-Fadhli, Saudi Arabia’s minister for environment, water and agriculture at a speech at an industry conference in Riyadh. Reuters reports that […]
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Raw Video Emerges of Houthi Attack on Saudi Frigate as U.S. Sends Destroyer to Red Sea
- February 7,2017
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- SUSTG Team
Raw video has emerged online of a Houthi attack on a Saudi frigate that damaged the ship and drew the condemnation of Saudi Arabia and its allies. Suicide boats belonging to the Houthi militias from Yemen struck the Saudi frigate off Hodeida port in the Red Sea. Two crew members were killed and three were […]
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Saudi Arabia May Cancel $20b in Projects to Cut Costs, Hires PwC
- January 9,2017
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- SUSTG Team
Saudi Arabia is reportedly working with accounting and consulting firm PricewaterhouseCoopers (PwC) on plans to cancel up to $20 billion of projects as the Kingdom continues to seek ways to cut costs as part of economic reforms, Bloomberg reports. The Ministry of Economy and Planning has appointed PwC to review $69 billion of government contracts and aims […]
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Saudi Arabia Needs $53b in Water Investment as Sector Looks Toward Privatization
- November 28,2016
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- SUSTG Team
Saudi Arabia will need $53 billion in water sector investment supported by private funds as the Ministry in charge of the sector said it was looking to privatize in order to meet demand, government leaders said. The comments were made by officials from Saudi Arabia’s Ministry of Environment, Water and Agriculture, and Saudi Arabia’s […]
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Updated LinkedIn Profiles Indicate Key Hires by Saudi Arabia’s PIF
- November 17,2016
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- SUSTG Team
Recently updated LinkedIn profiles indicate a hiring spree by Saudi Arabia’s Public Investment Fund (PIF) as the Kingdom looks to use the sovereign wealth fund to jump-start its reform plans. Reuters reports that several executives have updated their LinkedIn profiles to indicate a new affiliation with the PIF, but the PIF did not comment directly on […]
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CEDA Cancels $267 Billion in Projects
- November 8,2016
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- SUSTG Team
Saudi Arabia’s powerful Council of Economic and Development Affairs (CEDA) has cancelled projects valued at up to 1 trillion Saudi riyals ($266.7 billion), the SPA and other news outlets report. “The CEDA has also stopped awarding a big number of projects whose spending does not go in line with the expected economic and development return […]
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MUST-READS
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UN releases dire warning about water scarcity in Middle East and North Africa
An August 2021 report from UNICEF stated that the region’s groundwater began to be over-exploited to meet agricultural needs starting in the 1970s when motorized pumps were introduced. The problem has since been exacerbated by “inadequate governance arrangements, including weak water resource management policies and a lack of regulation,” according to the report. Relatedly, agriculture on average takes up 70% of water use internationally, but in the Middle East and North Africa, this figure is 80%, according to UNICEF. UNICEF added that 11 out of the 17 most water-stressed countries in the world are in the Middle East and North Africa.
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Saudi Aramco receives bids for wastewater treatment plant
According to sources close to the project, the Sumitomo Mitsui Banking Corporation (SMBC) has been appointed as financial adviser, with White & Case and ILF Consulting Engineers appointed as legal and technical consultants respectively. The water treatment plant will treat water from the Zuluf oil field, before reinjecting the water back into the oil field.
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NEOM launches ENOWA to ensure sustainable energy and water systems
ENOWA will represent NEOM as the principal shareholder in the world's largest green hydrogen production plant in an equal joint venture with Air Products and ACWA Power.
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Saudi Arabia to unveil 60 water projects worth $9.33bn
“We are developing strategic water reserves that should supply enough water to Saudi consumers in case of emergency. By 2029, we plan to raise the capacity to hold 45.7 million cubic metres of water — that will serve the entire country for a few days, if the water supply stops for some reason," Mr Al Qureshi said.
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Saudi Arabia’s water PPP program surges ahead
At this week’s Saudi Water Forum in Riyadh, central privatisation body the Saudi Water Partnership Company (SWPC) said that the amount of water produced at privately owned desalination plants was set to grow from 2.54 million m3/d at the end of last year to 7.48 million m3/d by 2027 as key plants come online and more contracts are pushed out to the market. And SWPC chief executive Khaled Al-Qureshi said the growth in private desalination would be matched by similar investment surges in wastewater treatment, water transmission, storage, and local sewerage networks.
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Cloud seeding could be another renewable water source for Saudi Arabia
“The Kingdom is considered one of the countries with the least rainfall, with an average of 100 mm annually," said Ayman Ghulam, chief executive officer of the National Center of Meteorology. "Cloud seeding is one of the most promising solutions in Saudi Arabia,” he told a conference in Riyadh on Sunday.
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Krones builds one of the world’s most modern water factories in Saudi Arabia – Krones
The new plant began operation in mid-2021. And though it was, by definition, a “greenfield” project, the verdant imagery certainly doesn’t apply here – the factory is situated in the middle of the desert outside Riyadh, as a film by JWBF impressively shows:
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El Seif-ALEC JV Inks $750mn Deal For KSA’s First Water Theme Park In Qiddiya
Ahmed Al-Bassam, CEO of El Seif, commented: “El Seif is one of the kingdom’s leading engineering and construction companies that has built some of Saudi Arabia’s and the region’s best known iconic projects such as the Kingdom Tower, Princess Noura University and Haramain High Speed Rail Rabigh Station.
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Oman, Saudi Arabia sign food and water security pact
The signing of the MoU came on the sidelines of the International Council for Dates, held in Al Ahsa, the KSA.
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Independent oil exports land Iraq’s Kurds in hot water once again
The KRG first started to independently export crude oil to Turkey back in 2014. In the first half of last year, it exported more than 77M barrels of oil—generating 4.1B USD in revenues. Most of these exports transited Ceyhan port in neighbouring Turkey. Of note, the Kurdistan region of Iraq also produces 5B cubic meters of natural gas annually. Some observers maintain that output could increase to 40B cubic meters a year by 2035.
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