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- Beyon Money, EazyPay to launch POS solution for Bahrain's merchants
- Bahrain EDB draws over $250m in investments from UK
- Saudia, WestJet to boost international air connectivity
- ADIB mobilises $4bn for sustainability, sets 2030 targets
- Bahrain All Share Index, Islamic Index close higher
- Gulf Bank signs MoU with global cybersecurity leader CrowdStrike
- Oman to unveil initiatives in Cybersecurity, AI at COMEX 2025
- Sur Industrial City attracts investment worth $25mn
- Saudi Arabia sees 51% surge in blockchain business registrations by Q2
- Dubai gold price drops to 'shopper-friendly' level - can it go down to even Dh360?
24/01/2018 07:22 AST
Saudi Arabia is set to build nine desalination plants on the Red Sea coast at an investment of more than SR2 billion ($530 million), said a report.
The plants will have capacity of 240,000 cu m of water per day and will be completed in less than 18 months, reported The Saudi Gazette citing Minister of Environment, Water and Agriculture Abdulrahman Al-Fadhli.
The project, which the minister said was ordered by Custodian of the Two Holy Mosques King Salman in a royal decree, will help government-owned Saudi Saline Water Conversion Corp (SWCC) raise production efficiency and cut operating and capital costs, stated Fadhli.
The Kingdom is the largest producer of desalinated water in the world.
According to SWCC, the Kingdom has raised its desalinated water production to five million cubic meters per day (m3/d) at the end of 2017.
Trade Arabia
| Ticker | Price | Volume |
|---|
09/07/2025
The Bahrain Economic Development Board (Bahrain EDB) has attracted over $250 million in investments from United Kingdom-based companies in the past three years (2022-2024) spanning across key sectors
Trade Arabia
09/07/2025
The Ministry of Transport, Communications and Information Technology (MTCIT) has announced plans to launch several digital initiatives in the fields of cybersecurity and artificial intelligence (AI)
Muscat Daily
09/07/2025
Sur Industrial City has signed a contract with Al Ghaith Industries for the establishment of a factory for the production of Trichlorosilane.
As per this agreement, the city, under the Publi
Muscat Daily
09/07/2025
Business registrations for blockchain technologies in Saudi Arabia surged by 51 percent year-on-year by the end of the second quarter of 2025, according to figures released Tuesday by the Ministry of
Bloomberg
09/07/2025
Mwani Qatar announced that Hamad Port, Qatar's Main Gateway to World Trade, welcomed today MSC CHARLESTON, marking the inaugural voyage of the new direct CHINOOK-CLANGA service by Mediterranean Shipp
QNA
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