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- Saudi Arabia emerges as top MICE hub as region targets $100bn
- How AI is empowering event tech in KSA
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- Bahrain inks deal to extend PPA for 950MW power plant
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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28/11/2025
Saudi Arabia is attracting strong global interest in its business events sector as the MICE - meetings, incentives, conferences and exhibitions - industry across the Middle East and North Africa is s
Arab News
28/11/2025
Getting lost at a large event is never fun. Whether it's a business conference, a concert, or a bustling festival, finding one's way through massive crowds or locating help can often be frustrating.
Arab News
28/11/2025
The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from Nov. 16-20, 2025 reached QAR 714,376,122.
Gulf Times
28/11/2025
Bahrain's Electricity and Water Authority (EWA) has signed an agreement to extend the power purchase agreement (PPA) with Al Ezzel Power Company, one of Bahrain's independent power producers, which h
Trade Arabia
28/11/2025
The Saudi Public Investment Fund (PIF) announced on Wednesday the completion of the sale of part of its stake in Umm Al Qura for Development and Construction, the company behind the Masar project in
Asharq Al Awsat
Financial Information Co.
Saudi Arabia