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  • Saudi Arabia and France Agree to Enhance Cooperation in Hydrogen and Electricity Production From Renewable Resources

    Saudi Arabia and France have agreed to enhance multifaceted aspects of cooperation in the energy sector. Both countries have placed hydrogen and electricity produced from low emission and renewable resources at the core of their respective energy cooperation, according a joint communiqué issued following the meeting of Saudi Minister of Energy Prince Abdulaziz bin Salman and French Minister for Energy Transition Agnes Pannier-Runacher, the Saudi Press Agency reported. Additionally, both countries agreed to enhance cooperation in the field of electricity, and exchange experiences in the field of electricity generation from renewable energy resources, grid interconnection projects, as well as encouraging the participation of private sectors in power sector projects including generation, transmission, distribution, storage and network automation technologies.

  • Prince Saud bin Talal Launches First Hydrogen-Powered Bus in Saudi Arabia

    Al-Ahsa Governor Prince Saud bin Talal bin Badr on Thursday inaugurated the trial of the first hydrogen-powered bus in Saudi Arabia. The bus boasts the ability to travel up to 635 kilometers on a single charge and has a capacity of 45 passengers. It will connect the city of Dammam with Al-Ahsa Governorate, covering a total distance of 359 kilometers daily as part of intercity transportation services operated by SATCO, a licensed company in the southern concession area.

  • Saudi Arabia will be most competitive in hydrogen production: SABIC CEO

    In a session during the Saudi Green Initiative, he said that the company is working to remove carbon and carbon emissions from hydrogen and is coordinating with Saudi Aramco and other companies to produce ammonia, which has proven to be the most competitive. He indicated that there is a need for all partners and value chains to cooperate in technical works and others. Al-Faqeeh also indicated that the logistical aspect is important, pointing to the need for an integrated logistics services chain for hydrogen producers and consumers, as well as financing and more time for the project to become successful.

  • How Saudi Arabia is leveraging artificial intelligence to tackle land degradation

    The UN Office for Disaster Risk Reduction defines land degradation as the reduction or loss of land’s biological or economic productivity caused by human-induced activities, including deforestation, overgrazing and unsustainable agricultural practices. Saudi Arabia’s Climate Envoy and Minister of State for Foreign Affairs Adel Al-Jubeir believes land degradation is driving the displacement of millions and destabilizing entire regions across the globe. “When people cannot grow food, they migrate,” he told delegates at the COP16 summit in Riyadh on Tuesday.

  • Generation Amazing Foundation and Saudi Sports for All Federation Strengthen Capacity-Building with Sports for Development Training

    The Generation Amazing Foundation (GA), in partnership with the Saudi Sports for All Federation (SFA), successfully conducted a sports for development training program in Jeddah, designed to be implemented at Neighborhood Clubs across the Kingdom. This specialised training marks a significant milestone in the partnership announced last spring, aiming to integrate the values of sports and development into education and community life. The training equips coaches with the tools and skills to deliver specialized football sessions that enhance life skills and install community values, promoting a healthier, more active society. by training Neighbourhood Clubs master trainers to train all 90 trainers. Led by GA Master Coach Hamad Abdulaziz, the program follows a Training of Trainers (ToT) model. Coaches first completed eight modules on GA's e-learning platform before attending a four-day in-person session for 30 participants, including 30 Neighborhood Club coaches who will return to their cities to train volunteers and other trainers.

  • COP16 to Begin in Saudi Arabia as World Seeks Urgent Solutions to Land Degradation, Desertification and Drought

    The largest-ever meeting of the United Nations Convention to Combat Desertification (UNCCD) is set to kick-off in Riyadh, with an action-packed agenda to drive multilateral action on land degradation, drought and desertification. Dignitaries, policymakers, global institutions, businesses, NGOs and key stakeholders are arriving in Saudi Arabia's capital ahead of a critical conference to accelerate global land restoration and drought resilience initiatives.

  • Saudi Arabia’s NEOM gigaproject a ‘generational investment,’ minister says

    "NEOM was not meant to be a two-year investable opportunity. If anybody expected NEOM to be foreign investment in two, three or five years, then they have gotten (it) wrong - it's a generational investment," Minister Khalid al-Falih said on the sidelines of the World Investment Conference in Riyadh. "The flywheel is starting and it will gain speed as we go forward, as some of the foundational assets come to the market," he said.
    The world's top oil exporter has poured hundreds of billions of dollars into development projects through the kingdom's $925 billion sovereign fund, the Public Investment Fund (PIF), as it undergoes an economic agenda dubbed Vision 2030 to cut dependence on fossil fuels.

  • Saudi Arabia Smart Grid Network Market Research 2024-2029: Generation, Transmission, Distribution, Consumption Trends, Opportunities, and Forecasts 2023-2029

    The Saudi Arabia Smart Grid Network Market was valued at USD 765.59 Million in 2023, and is expected to reach USD 1.77 billion by 2029, rising at a CAGR of 14.92%. The trend towards grid digitalization and automation is reshaping the Saudi Arabia Smart Grid Network Market. Digitalization involves the adoption of advanced technologies such as smart meters, sensors, and communication systems that enhance the functionality and efficiency of the power grid. Automation further enhances grid performance by enabling real-time data collection, analysis, and response to grid conditions.

  • Saudi Arabia general insurance sector to beat $28bn by 2029

    General insurance in Saudi Arabia is set to grow at a CAGR of 8.9% from SAR68.8bn ($18.4bn) in 2024 to SAR105.3bn ($28.1bn) in 2029, in terms of gross written premiums. This is according to GlobalData, which also forecast that Saudi Arabia’s general insurance industry is expected to grow by 9.4% in 2024. Economic recovery, regulatory developments, as well as governmental push for healthcare support this.

  • STC shifts narrative around the Saudi lost generation

    STC, a tech and digital enabler in Saudi Arabia, has unveiled its latest campaign for the “Sawa” prepaid packages, reflecting the evolving spirit of today’s youth. Developed by VML Riyadh, the campaign, titled “For every vibe, there’s sawa,” aims to redefine perceptions around the young generation often labelled as indecisive or “جيل ضايع” (lost generation). Firas Ghamman, Executive Creative Director at VML Riyadh, explained the campaign’s vision: “We’re not just shifting perceptions of this generation, we’re celebrating their freedom to change their minds from one day to the next. They say this generation is lost, we say they’re constant explorers. With Sawa, they can explore without limits.”