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- European shares close higher
- Nvidia to invest $5 billion in Intel
- NBK-Egypt funds 4th stage of solar power plant at Shefaa' Al-Orman Hospitals
- Al Maha signs diesel supply agreement for Fahud heavy oil production Facility
- Gold price in Qatari market increases by 0.44% this week
- As of today, Estithmar Holding's listing on FTSE Mid Cap Index is effective
- Mena's electricity demand surge as countries diversify sources: IEA
- Kuwait Oil Minister Expects Demand Boost after US Rate Cut
- Al Seer Marine announces delivery of its third ammonia-capable VLGC
- AD Ports Group awards deal for two shallow-draft container vessels for Caspian Sea ops
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
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19/09/2025
Kuwait's Oil Minister Tariq Al-Roumi said on Thursday he anticipated higher oil demand following the recent US interest rate cut, particularly from Asian markets.
The US Federal Reserve, goa
Asharq Al Awsat
19/09/2025
As the UAE moves forward on its path to becoming a knowledge-based and sustainable economy, Emiratisation plays a vital role than ever before. The government policy implemented to increase Emirati pa
Khaleej Times
19/09/2025
At 10 p.m. in Riyadh, a marketing executive checks her inbox one last time. She has already answered over 100 emails, managed a constant stream of Teams messages, and sat through five back-to-back me
Arab News
19/09/2025
One deal can change everything in real estate, and Tamara Cortan is living proof. A former flight attendant who lost her job during the pandemic, Tamara turned to real estate, a sector that kept movi
Khaleej Times
19/09/2025
Saudi Arabia's ports saw robust growth in 2024, with exports climbing 9.3 percent to 222.4 million tonnes, pushing total cargo volumes to 334.5 million tonnes and reinforcing the Kingdom's expanding
Arab News
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