by Said Al-Abyad | Nov 3, 2016 | Business
Jeddah- Saudi Arabia is planning to create SAR225 billion (USD60 billion) worth of investment opportunities in the desalination sector in the coming five years. Through these opportunities, the Saline Water Conversion Corporation (SWCC) aims at partnering with the...
by Obaid Al-Suhaymi | Jun 10, 2016 | Saudi Arabia
Dammam-Saudi Arabia needs investments worth USD53.3 billion in the water sector till 2025, to cope with the population growth and the increased demand for desalinated water. The Kingdom faces a heavy challenge by getting 60% of its water needs from the desalination of...
by Obaid Al-Suhaymi | Apr 23, 2014 | Business
Dammam, Asharq Al-Awsat—Saudi Arabia’s Ras Al-Khair desalination and power plant began its second stage of operations on Tuesday, with the event overseen by Abdullah Bin Abdul-Rahman Al-Haseen, Saudi Arabia’s Minister of Water and Electricity and head of the board of...
by Asharq Al-Awsat | Dec 15, 2013 | Business
Kuwait City, Reuters—Kuwait is set to secure 1.43 billion US dollars in financing from a consortium of banks for a power and desalination plant, one of the major projects in the Gulf Arab state’s development plan, National Bank of Kuwait (NBK) said. The Az-Zour...
by Asma Al-Ghabiri | Jul 21, 2013 | Features
Riyadh, Asharq Al-Awsat—In the sunny skies of Saudi Arabia, and amid temperatures topping 45 degrees Celsius, solar energy is considered among the most important alternative sources for producing electricity. It is one of the fields that is capturing growing interest...
