The ‘lower for longer’ oil price environment is hurting hydrocarbon dependent economies worldwide. Despite a higher cushion of cash reserves in the region, GCC states saw their budgets fall into deficits over the past 18 months, and with oil prices...
Inaugurated by the Minister of Water & Electricity, Al Ha’er Wastewater conveyor from Manfouha STP TP project, represents a new era for the water utilities sector in Saudi Arabia if not the region. For the last 3 years, the project...
In the majority of buildings in Saudi Arabia the single largest source of power consumption is the HVAC (Heat, Ventilation and Air Conditioning) system. Yet up to 40 percent of the energy required to run the system is wasted through...
Using oil revenue to maximise investment and diversify the economy to create jobs for the Kingdom’s rapidly increasing population is not the only natural resource challenge facing Saudi Arabia. The Kingdom is also facing a serious water challenge and present...
Over the last decade, industrialization and its accompanying development in Saudi Arabia have led to steady and progressive growth reflected in its business landscape by way of milestone projects and initiatives. This paradigm shift has reaffirmed the importance of the...