Middle-east Arab News Opinion | Asharq Al-awsat

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A large diameter pipe that exports fresh water. (REUTERS/Mike Blake)

Saudi Private Sector: USD60 Billion Investment Opportunities in Desalination

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...

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Saudi Water Desalination Makes First Privatization Step

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...

Media ID: 55331510
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The Ras Al-Khair water Desalination and power plant (Asharq Al-Awsat)

World’s largest hybrid desalination plant starts pumping

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...

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Hyundai Heavy Industries will build the first phase of the project, which comprises a 1,500 megawatt natural gas-fired power plant and seawater desalination plant (AFP).

Kuwait: $1.4 bn in financing for major power project

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...

Media ID: 55310645
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Worshipers visit the Prophet’s Mosque in Medina, Saudi Arabia. (AP Photo/ Hadi Mizban)

Saudi Arabia’s Solar Future

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...