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  • Egypt postpones nuclear power plant amid tensions with Russia over Nile dam

    Egypt pauses El-Dabaa nuclear power plant project for two years amid tensions hanging over the relationship with Russia due to its recent position on the Grand Ethiopian Renaissance Dam crisis and its rapprochement with Ethiopia.

  • Saudi Passport Become The 71st Most Powerful Passport In The World

    79 countries can be entered without a prior visa for Saudi passport holders, according to international organizations. The scale of the world’s most powerful passport is based on travel to countries without a visa in advance. Japan, Singapore, Germany, the United States, the United Kingdom, Switzerland, South Korea, the Netherlands, Austria, and France are among the top 10 countries. On the other hand, at the bottom of the list are Syrian, Iraqi, and Afghan passports.

  • Iran spokesman says powerful body rejects nuclear deal with US

    The statement by the spokesman for the moderate government confirmed a push by hard-liners in Tehran to make it impossible for a deal between the outgoing Rouhani government and the US administration to get final approval.

  • Bipartisan group of senators unveils legislation to bolster Congress’ foreign policy powers

    The bill by Senators Chris Murphy, a Democrat from Connecticut, Mike Lee, a Republican from Utah, and Bernie Sanders, an independent from Vermont who caucuses with Democrats, would require the president to consult with congressional leaders and obtain congressional authorization before exercising certain national security powers.

  • Japanese bank syndicate signs US$500 million loan for Saudi power grid

    The loan is intended to provide SEC with the funds necessary for projects in the field of electricity transmission and distribution that contribute towards mitigating environmental impact, such as constructing a new substation and transmission lines to integrate renewable energy to the grid networks and introducing smart meters in Saudi Arabia.

  • Saudi Electricity powers up for Hajj with SR480m ($127.9 million) spending plan

    The Saudi Electricity Company (SEC) is spending more than SR480 million ($127.9 million) on new projects around Makkah and the holy sites in preparation for the upcoming Hajj season. The new spending aims to boost the efficiency of the electricity network and will include the replacement of 7,785 old mechanical meters with smart ones, said CEO, Khaled Bin Hamad Al-Gnoon.

  • Iran takes steps to make enriched uranium metal; U.S., Europe powers dismayed

    U.S. and European officials made clear that Iran's decision would complicate, and potentially torpedo, indirect U.S.-Iranian talks seeking to bring both nations back into compliance with the 2015 deal, which was abandoned by former President Donald Trump.

  • Siemens Energy to power 30,000 new homes in Riyadh

    “One of our main values as Siemens Energy is to care for the communities where we live and so it is an honor for us to be able to contribute to such a great project.” The energy company will this month start work on the project that will be fully completed by August 2023.

  • Saudi CMA Approves ACWA Power IPO

    The Saudi Capital Market Authority (CMA) approved the request of the International Company for Water and Power Projects (ACWA POWER) application for public offering of 81.2 million shares, representing 11.1 percent of its share capital.

  • Masdar signs deal to install 2GW of solar power plants in Iraq

    Abu-Dhabi-based solar energy specialist Masdar signed a deal last week to provide more than 2GW of photovoltaic projects in Iraq. The projects will form part of Iraq’s plan to mitigate its chronic energy shortages and capitalise on its reliably sunny climate by installing up to 10GW of solar power projects by 2025.