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- Beyon reinforces regional leadership with Group presence at GITEX Global 2025
- Gold nears fresh record high on safe-haven demand
- QNB 'Official Bank' of Big 5 Construct Qatar Exhibition 2025
- Commercial Bank honoured with 9 Global Finance Awards in 2025
- First phase of Zain Great Idea regional edition kicks off with intensive bootcamps
- Agreements inked to localise projects in Khazaen Economic City worth over OMR276mn
- Bank Muscat reports 12.2% rise in nine-month net profit to RO191.57mn
- World Bank Group to open office in Muscat
- Karwa Motors to Build Mercedes-Benz Buses in Oman, pact signed in Brussels
- Dukhan Bank announces October Thara'a draw winners
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 |
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16/10/2025
Khazaen Economic City in South Al Batinah Governorate signed 19 new investment agreements during the first half of 2025, to localise a number of local and foreign projects with a total value exceedin
Times of Oman
16/10/2025
The Government of the Sultanate of Oman has signed an agreement with the World Bank Group (WBG) to open a representative office in Muscat. The new office will serve as a base for the group's affiliat
ONA
16/10/2025
In a major boost to Oman's vehicle manufacturing sector, Karwa Motors has signed a strategic partnership with Mercedes-Benz (Daimler Truck Middle East & Africa) to produce Mercedes-Benz buses for bot
Muscat Daily
16/10/2025
The State of Qatar, represented by the Ministry of Finance, has signed an agreement with the World Bank Group (WBG) to establish an office in Doha that will serve the State of Qatar and support the w
The Peninsula
16/10/2025
Saudi Deputy Foreign Minister for International Multilateral Affairs and General Supervisor of the Public Diplomacy Deputyship Abdulrahman Al-Rassi met with Deputy Speaker of the Federation Council o
Asharq Al Awsat
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