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$5 Billion Hydrogen Project JV Planned for NEOM Hires Financial Advisor – Report
- January 13,2021
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- SUSTG Team
A three-organization joint venture hydrogen project between Air Products, NEOM, and ACWA Power has hired financial firm Lazard to advise on a planned $5 billion hydrogen project in the NEOM high-tech business zone in Saudi Arabia, according to a Reuters report, citing sources.
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Road to the G20: G20 Leader’s Summit Publication Released Ahead of Virtual 2020 Summit
- November 20,2020
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- SUSTG Team
Organizers of the G20 in Riyadh released the summit’s Annual Publication ahead of the G20 leadership summit, beginning tomorrow and taking place virtually due to the Coronavirus pandemic. Saudi Arabia as host has prioritized empowering people, safeguarding the planet and shaping new frontiers as themes for this year’s event, the first G20 to be chaired by a nation […]
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New Digital Art Museum, with ‘Crowdpleasing Immersive Experiences’, to Launch in Jeddah in 2023
- September 15,2020
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- SUSTG Team
Tokyo-based multimedia collective group teamLab has signed a partnership agreement with Saudi Arabia’s Ministry of Culture to provide immersive experiences for a new digital art museum in Jeddah, according to reports, the latest investment by the Saudi government into the culture and lifestyle industry in the Kingdom.
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U.S. Corporation Air Products and Chemicals, NEOM, and ACWA Power Sign Accord for $5b Renewable Energy-Powered Ammonia Plant
- July 8,2020
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- SUSTG Team
U.S. corporation Air Products and Chemicals signed an accord with Saudi-based ACWA Power International and the kingdom’s planned futuristic city of NEOM to develop a $5 billion hydrogen-based ammonia plant powered by renewable energy, according to reports.
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KAUST Studies How Saudi Arabia’s Red Sea’s Coral Reefs Help Protect the Kingdom’s Coastline
- July 2,2020
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- SUSTG Team
Modeling done by Saudi Arabia’s King Abdullah University for Science and Technology (KAUST) reveals the important role of offshore reefs in the Red Sea in protecting the Kingdom’s coastal zones and highlights the need to conserve the region’s coral reefs.
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U.S., Saudi Forces Conduct Joint Military Exercises on Saudi Islands
- May 27,2020
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- SUSTG Team
Forces from the United States and Saudi Arabia are conducting “routine and joint sustainment training” on and around Karan and Kurayn islands, Kingdom of Saudi Arabia this week, according to a statement from the U.S. Naval Forces Central Command.
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Saudi Arabia’s progress toward food security, water conservation accelerated by Coronavirus crisis
- May 13,2020
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- SUSTG Team
Saudi Arabia is adjusting to the new realities of the Coronavirus by making strategic investments domestically and internationally into its food supply and agriculture sectors, according to reports.
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Saudi Arabia Makes First Purchase of Wheat from Kingdom-Owned Farm
- April 27,2020
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- SUSTG Team
Saudi Arabia has made its first purchase of wheat grown from an overseas farmland investment in Ukraine, Reuters reports, as the Kingdom makes progress on a years-long shift toward agricultural imports and water conservation goals.
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Saudi Authority Calls on UNESCO to Protect Traditional Khawlani Coffee Cultivation Techniques
- January 20,2020
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- SUSTG Team
The Saudi Heritage Preservation Society has called on UNESCO to protect traditional Khawlani coffee cultivation techniques in Saudi Arabia in a press release, noting that the Arabian tradition “has been passed down for generations by the ancient tribes of Khawlan who have grown and processed Khawlani coffee beans in the verdant valleys of Jazan, a region […]
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Saudi Aramco Energy Ventures Prepares New $500m Fund, Opens Office in China
- January 13,2020
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- SUSTG Team
Saudi Aramco Energy Ventures (SAEV), a unit of the kingdom’s energy company, is preparing to start a new $500 million fund this year after completing $500m in investments, Bloomberg reports.
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MUST-READS
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How floating solar farms can help the Middle East deal with water and power challenges
Some studies suggest that the efficiency of FPVs is about 11% more than ground-mounted solar panels on average. The cooling effect of water and reduced panel temperature would be especially beneficial in the Middle East to counter increasingly common heatwaves and hotter-than-average days. Also, because of their placement over water, FPVs are less susceptible to dust deposition, meaning the panels remain cleaner for longer and, consequently, receive more sunlight on average than regular PV solar farms.
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Move over, Maldives: Saudi Arabia’s luxury Sheybarah Island resort wants be the world’s next eco-tourism destination, complete with dazzling overwater pod villas suspended above the Red Sea
Maldivian-style modular villas were delivered by construction delivery and transport specialist Mammoet to the forthcoming destination. Part of the Red Sea Project, Sheybarah Hotel is a hyper-luxury resort on the uninhabited island, located 45 minutes by boat from the mainland.
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Move over, Maldives: Saudi Arabia’s luxury Sheybarah Island resort wants be the world’s next eco-tourism destination, complete with dazzling overwater pod villas suspended above the Red Sea
Maldivian-style modular villas were delivered by construction delivery and transport specialist Mammoet to the forthcoming destination. Part of the Red Sea Project, Sheybarah Hotel is a hyper-luxury resort on the uninhabited island, located 45 minutes by boat from the mainland.
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Water entertainment set to boost Saudi Vision Plan
The total number of entertainment venues in the Kingdom is expected to exponentially grow, with licenses being granted for more than 24 amusement parks and 421 entertainment centres in January 2023. Whether visiting animals at the zoo and seeing a splash pad for kids, shopping at the mall and witnessing a FlowRider surf simulator, or staying at a hotel with a full set of water slides, these attractions are growing rapidly due to their contribution in raising the overall quality of life, helping to form healthy relationships, and driving economic growth.
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Tech advances offer new hope for easing looming Middle East water crisis
American, European and Japanese satellites have produced accurate and reliable data about water resources in America, Europe and parts of Asia. In the Middle East, however, there continued to be a significant lack of accuracy in the available satellite data and imagery related to water issues, mainly as a result of lack of participation in initiatives to collect it.
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Inside Jeddah’s Waterfront megaproject
The new Saudi Arabian megaproject is part of the Jeddah Historical Rejuvenation Project, which was launched in 2021 by His Royal Highness Crown Prince Mohammed bin Salman. Jeddah’s Waterfront Project is currently projected to take two years. The plan is to reconnect Al Balad with the Red Sea. Upon completion, it aims to revitalise the historic Al Bunt Port and transform the Al Balad area into a tourist destination.
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Saudi Arabia launches mega Jeddah waterfront development
The project is part of the larger Jeddah Historical Rejuvenation Project, launched in September 2021 by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. Lauding HRH the Crown Prince’s efforts to preserve, restore and rejuvenate historic sites, Prince Badr bin Abdullah bin Mohammed bin Farhan Al Saud, the Minister of Culture, said the two-year project will reconnect the Red Sea with Al Balad – downtown Jeddah’s popular moniker – and vitalize the historic Al Bunt Port.
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KAUST-invented mobile wastewater plant installed successfully in Saudi Arabia
A decentralized wastewater treatment and reuse unit invented at King Abdullah University of Science and Technology (KAUST) has been installed in Rabigh, Saudi Arabia. The first of its kind in the Kingdom, the technology features the research of Environmental Science and Engineering Professor Pascal Saikaly and Dr. Muhammad Ali, a former research scientist at KAUST and currently an assistant professor at Trinity College Dublin.
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Desalination could give the Middle East water without damaging marine life
Desalination - the process of removing salt from seawater - is increasingly being used to tackle water scarcity worldwide. Roughly 16,000 desalination plants now produce 35 trillion litres of freshwater annually. And Jordan, a country located north of the Red Sea, is planning a major desalination plant on the Gulf of Aqaba that will increase its desalination capacity from 4 billion to 350 billion litres each year.
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Saudi Aramco awards contract to develop $690m seawater desalination plant
Saudi Aramco has awarded a contract to Lamar Holding to develop a seawater desalination plant valued at SR2.6 billion ($693 million). The seawater reverse osmosis desalination plant includes a water distribution network, and is a part of the Jafurah gas development scheme. The project has a design capacity of 80,000 cubic meters a day, and includes power and utility facilities, according to a MEED report.
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