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  • Energy minister: Saudi Arabia is rapidly progressing through energy transformation phases

    Minister of Energy Prince Abdulaziz bin Salman said that Saudi Arabia is rapidly progressing through energy transformation phases and it is benefiting financially from this transformation. Addressing a dialogue session at the fourth Saudi Green Initiative Forum in Riyadh on Tuesday, he noted that Saudi Arabia is living in the "energy transition" phase instead of just talking about it. "Replacing one million barrels of oil with gas and renewable energy is a remarkable achievement," he said. Earlier on the day, Prince Abdulaziz inaugurated the SGI Forum, which is being held on the sidelines of the 16th session of the Conference of the Parties to the United Nations Convention to Combat Desertification (COP16) that kicked off in Riyadh on Monday.

  • Saudi Arabia and China sign 24 agreements to enhance economic cooperation

    Saudi Arabia and China have signed 24 agreements aimed to further enhance economic cooperation between the two countries. The agreements were signed on the sidelines of the Saudi-Chinese Business Council Forum, which was held in the presence of the visiting Minister of Health Fahd Al-Jalajel in Beijing. The forum emphasized the importance of strengthening economic partnerships and expanding cooperation horizons to achieve common interests and the future vision that brings the two countries together. Addressing the forum, Al-Jalajel said that the partnership between the Kingdom and China is deep and is embodied in the shared commitment to advancing global health and addressing global health challenges. "Our discussions today highlight our cooperation, especially in the field of encouraging innovation and creativity in the field of biotechnology and robotic technologies, and localizing the healthcare industry to ensure flexibility and sustainability," he said.

  • Saudi Arabia, France to collaborate on 3 renewable energy projects: Al-Falih

    Three renewable energy projects are set to be developed in Saudi Arabia with the involvement of French companies, according to Minister of Investment Khalid Al-Falih. The initiatives, which will be officially announced by the Saudi Energy Minister Prince Abdulaziz bin Salman in the presence of French President Emmanuel Macron, are part of the Kingdom’s growing efforts to lead the global transition toward sustainable energy. “I don’t know if the news is out, but I’ll break it in. There will be three major renewable projects announced by His Royal Highness Prince Abdulaziz and signed in the presence of President Macron,” Al-Falih said during the Saudi Green Initiative Forum held in Riyadh at COP16.

  • France and Saudi Arabia partner on SAF development

    A new collaboration to develop sustainable aviation fuel (SAF) production in Saudi Arabia has been announced during French President Emmanuel Macron’s visit to the Kingdom. The agreement involves Aramco, TotalEnergies, and the Saudi Investment Recycling Company (SIRC), a major player in transforming organic waste into sustainable products. The agreement, signed in the presence of Saudi Energy Minister Prince Abdulaziz bin Salman Al Saud, will see the three partners assess plans for a production facility utilising residues from the circular economy, such as used cooking oil and animal fats. The announcement reflects deepening cooperation between France and Saudi Arabia in advancing energy innovation and sustainability in aviation, particularly as SAF gains traction as a critical part of global decarbonisation efforts.

  • Special Envoy Lipstadt’s Travel to Egypt, Bahrain, Saudi Arabia, and the UAE

    The U.S. Special Envoy to Monitor and Combat Antisemitism, Ambassador Deborah Lipstadt, departed this week for travel to Egypt, Bahrain, Saudi Arabia, and the United Arab Emirates from December 3-14.  This is Ambassador Lipstadt’s fourth trip to the Middle East and North Africa since assuming office in May 2022; her last trip to the region was to Israel in December 2023.

  • FIFA urged not to give 2034 World Cup to Saudi Arabia in report alleging abuses of migrant labor

    FIFA is set to ask members to acclaim Saudi Arabia and the sole candidate to host the 2030 World Cup — Spain, Portugal and Morocco, plus single games in each of Argentina, Paraguay and Uruguay — without an itemized vote. FIFA has resisted calls from independent rights activists and lawyers calling for greater scrutiny of the Saudi World Cup plan including access for international observers. They say FIFA risks repeating a decade of similar issues that tainted preparations for the 2022 World Cup in Qatar despite consistent warnings by groups like Human Rights Watch and Amnesty International.

  • Saudi Arabia signs PPA for 1,700MW Solar PV Projects

    The Saudi Power Procurement Company (SPPC) has signed the Power Purchase Agreement (PPA) for 3 Solar IPPs as part of the fifth round of solar projects under the National Renewable Energy Program (NREP) which is led and supervised by the Ministry of Energy. The PPA was signed with the Consortium of SPIC Huanghe Hydropower Development Co. Ltd and EDF Renouvelables S.A. The consortium submitted the price of 5.13228 Halala/kWh (1.36861 USDc/kWh). The PPA was signed the Consortium of Al Jomaih Energy and Water Company, TotalEnergies Renewables. The Consortiums submitted the price of 6.68019 Halala/kWh (1.78138 USDc/kWh).

  • TotalEnergies, Aljomaih Secure 300-MW Solar Project in Saudi Arabia

    TotalEnergies SE TTE, Saudi developer Aljomaih Energy and Water Company have signed a 25-year power purchase agreement (PPA) with the Saudi Power Procurement Company related to the 300 megawatt (MW) solar power project, Rabigh 2. This renewable project is a new milestone for TotalEnergies in Saudi Arabia where TotalEnergies is currently building the 119 MW Wadi Al Dawasir solar power plant, which will start operations in early 2025.

  • Macron: France, Saudi Arabia will co-chair conference on creating Palestinian state

    French President Emmanuel Macron announced on Tuesday that he and Saudi Arabia’s Crown Prince Mohammed bin Salman would co-chair a conference on the establishment of a Palestinian state in June. “We have decided to co-chair a conference for the two states in June next year,” Macron said, referring to Israel and a potential Palestinian state. “In the coming months, together we will multiply and combine our diplomatic initiatives to bring everyone along this path,” he added. Responding to a question on whether France would recognize a Palestinian state, the French president said he would do so “at the right moment” and at a time “when it triggers reciprocal movements of recognition.”

  • Saudi Arabia’s network of spending and influence detailed before getting 2034 World Cup from FIFA

    More Saudi commercial deals are expected after the 2034 World Cup decision, either for the 2026 edition being played in North America or the revamped Club World Cup being staged by the United States next year. “It’s very complex — there’s lots of interlinked parts,” Dan Plumley, sports finance expert at Sheffield Hallam University, told The Associated Press in a telephone interview on Monday. “We are living in a utopia if we think that sport and politics can be separated in the modern world because that’s impossible,” Plumley said. “There is always power, influence and money, which ultimately dictates the direction of travel.”