We like to keep up with news and events in NEOM, Saudi Arabia and the surrounding area. Here are some of the news sites we read regularly.
A surge in construction activities due to The Red Sea Development Co., AMAALA and other development projects in Saudi Arabia such as NEOM and Qiddiya is expected to drive the recovery of the cement industry after the demand dwindled last year and early this year on account of the pandemic.
Global inspection specialist, Element Materials Technology (Element) has invested $1 million in a new laboratory in north western Saudi Arabia to provide civils and environmental testing for the NEOM new city project. The project will create a futuristic destination and community incorporating smart city technology and entirely fuelled by renewable energy.
Saudi's King Salman has announced urgent medical and shelter aid worth $10 million to Ukrainian refugees who have fled to neighbouring countries to flee the Russian invasion.
He has instructed the country’s humanitarian charity to do the necessary arrangements, local media reported.
At the first-ever conference devoted exclusively to carbon-free hydrogen in the Middle East and North Africa (MENA), participants looked in depth at the technical and financial complexities of getting major projects off the ground. They covered projects announced by various consortiums worldwide, all in early-stage development. An exception appeared in Saudi Arabia’s $5bn hydrogen-based ammonia plant, a project of the NEOM Energy & Water Company.
The company said it has signed a contract with the Ministry of Defence to join its system to connect disparate and remote systems.
Saudi-listed Arab Sea Information Systems Co. has completed the establishment of cloud computing unit, Era Data, with SR5 million ($1.33 million) capital.
The usage of clean and renewable energy sources in Saudi households recorded a remarkable increase, according to the General Authority for Statistics (GASTAT). GASTAT issued on its official website a statistical bulletin about the increased usage of clean and renewable energy sources in Saudi houses in 2021. It clarified that 100% of the Saudi population benefits from electricity services.
Saudi Arabia’s construction market may go back to the pre-pandemic levels this year as the Public Investment Fund, or PIF, is pushing for more projects. In 2021, the contracts industry registered a 78 percent rise in activities as compared to 2020 and this upward momentum is expected to continue in 2022, according to the US-Saudi Business Council.
ACWA Power, a leading developer, investor and operator of power generation, desalinated water and green hydrogen plants, along with King Abdullah University of Science and Technology (KAUST), Saudi Arabia’s foremost education and research institution, hosted ‘Innovation Days 2022’ which took place between 23- 24 March 2022
The conference followed a close alliance between the two institutions, which have jointly operated the KAUST- ACWA Power Centre of Excellence for Desalination and Solar Power, a research and development (R&D) hub, since 2019.
Saudi oil giant Aramco has begun operating the largest fully manufactured electric induction motor in Saudi Arabia, as it aims to localize the industry. The 10,000-horsepower engine will power the compressor at the onshore gas plant, which is responsible for feeding the Kingdom's main gas network, Saudi Press Agency reported.
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