Saudi Arabia aims to be Egypt’s top trading partner – Saudi Arabia Saudi Arabia plans to be Egypt’s top trading partner within five years, said Saudi Commerce Minister Majid Al-Qasabi. He made the pledge at the Egyptian-Saudi Joint Trade Committee on Monday. The minister highlighted the presence of 6,225 Saudi companies operating in Egypt with investments amounting to some $30 billion. (LINK). Saudi Arabia aims to be Egypt’s top trading partner – Saudi ArabiaDME GmbH2021-06-15T17:53:33+02:00
Drought-hit Jordan to build Red Sea desalination plant – Jordan Jordan said Sunday it plans to build a Red Sea desalination plant operating within five years, to provide the mostly-desert and drought-hit kingdom with critical drinking water. The cost of the project is estimated at „around $1 billion“, ministry of water and irrigation spokesman Omar Salameh told AFP, adding that the plant would be built in the Gulf of Aqaba, in southern Jordan. The plant is expected to produce 250-300 million cubic meters of potable water per year, and should be ready for operation in 2025 or 2026, Salameh […] Drought-hit Jordan to build Red Sea desalination plant – JordanDME GmbH2021-06-14T21:35:13+02:00
GE to build turnkey substation for Yanbu 4 desalination plant in Saudi Arabia – Saudi Arabia GE Renewable Energy’s Grid Solutions has won a deal from Doosan Heavy Industries and Construction Co. Ltd., to build a turnkey substation that will power the Yanbu-4 independent water producer (IWP) plant. This is the first integrated, seawater reverse osmosis project in the Kingdom that uses clean energy. Scheduled to be operational in 2023, Yanbu-4 will have a capacity of 450,000 cubic meters per day of fresh water to be supplied to households in Makkah and Madinah. GE to build turnkey substation for Yanbu 4 desalination plant in Saudi Arabia – Saudi ArabiaDME GmbH2021-06-13T15:14:19+02:00
MCWD guarantee: No water rate hike before 2024 – Philippines THERE will be no increase in water rates until consumers really feel the abundance of the water supplied to them by the Metropolitan Cebu Water District (MCWD). The assurance came from MCWD as it begins to enter into water desalination projects with private companies. “Considering that desalination is expensive, that will have an effect on the price. We expect that there will be an increase, but our direction is we will not increase water rates if the consumers cannot feel there is enough water,” said MCWD’s acting corporate […] MCWD guarantee: No water rate hike before 2024 – PhilippinesDME GmbH2021-06-12T16:20:39+02:00
MCWD to hike rates once supply is available – Philippines THE increase in water rates will only be imposed once the consumers feel water supply is available. This was what the Metropolitan Cebu Water District (MCWD) assured its consumers as it enters into a water desalination project with FDC Utilities Inc., a subsidiary of Filinvest Development Corp. (FDC). John Neville Macabenta, MCWD’s acting corporate planning department manager, said the FDC targets to start the distribution of desalinated water by next year. MCWD to hike rates once supply is available – PhilippinesDME GmbH2021-06-11T11:50:28+02:00
Saudi Arabia’s SWCC partners with China to develop new seawater desalination technology – Saudi Arabia The Saline Water Conversion Corporation (SWCC) is in the process of developing a new technology for seawater desalination in cooperation with the Chinese Ministry of Natural Resources through its Institute for Research and Desalination Technologies Establishment. The cooperation includes developing projects using reverse osmosis technology and evaporation technology, adopting a multi-stage effect method, in addition to projects related to future technologies, and standardizing desalination techniques. This cooperation also contributes to strengthening relations between the Kingdom and China, and pushes for more communication through diplomatic channels and economic sectors in […] Saudi Arabia’s SWCC partners with China to develop new seawater desalination technology – Saudi ArabiaDME GmbH2021-06-09T13:10:34+02:00
China issues 5-year action plan for seawater desalination – China China has issued an action plan for seawater desalination utilization development over the next five years, according to China Science Daily on Friday. The action plan, jointly issued by the National Development and Reform Commission (NDRC) and the Ministry of Natural Resources, is expected to promote the large-scale utilization of seawater desalination and ensure the safety of water resources in coastal areas. China’s seawater desalination scale will exceed 2.9 million tonnes per day by 2025, an increase of more than 1.25 million tonnes per day, according to the action […] China issues 5-year action plan for seawater desalination – ChinaDME GmbH2021-06-05T14:40:10+02:00
Saudi Arabia plans to raise $55bn from privatization – Saudi Arabia Saudi Arabia aims to secure about $55 billion out of this privatization plan, of which $16.5 billion in the form of public-private partnerships, Minister of Finance Muhammad Al-Jadaan said on Thursday. Al-Jadaan the remarks during the high-level “G20 Infrastructure Investors Dialogue: Financing Sustainable Infrastructure for the Recovery“ event which was attended by G20 finance ministers, international and regional organizations, and major investors and asset managers representing the private sector. Al-Jadaan pointed out that the Kingdom has recently announced a privatization plan that includes a pipeline of 160 projects across […] Saudi Arabia plans to raise $55bn from privatization – Saudi ArabiaDME GmbH2021-06-04T09:55:40+02:00
China makes desalination push to ease water scarcity – China China will invest in new desalination plants over the 2021-2025 period and raise capacity to 2.9 million tonnes a day in a bid to boost water supplies, the country’s state planning agency said in a new „five-year plan“ for the sector. As much as 1.25 million tonnes per day of new capacity will be commissioned over the period, including 1.05 million tonnes in coastal cities and 200,000 tonnes in „island regions,“ the National Development and Reform Commission said on Wednesday. Demonstration seawater desalination projects will be built in the […] China makes desalination push to ease water scarcity – ChinaDME GmbH2021-06-03T15:10:29+02:00
GE, Shandong Tiejun complete substation for Saudi’s Rabigh-3 IWP – Saudi Arabia An Independent Water & Power (IWP) bulk supply joint project from Rabigh Three Company, co-owner, and operator of Rabigh-3 IWP plant, was secured by GE’s Grid Solutions. The Rabigh-3 IWP is majority-owned by ACWA Power. Meanwhile, the original agreement for the contract was signed between GE’s Grid Solutions and Shandong Tiejun Electric Power Engineering Co with project ownership under Rabigh Three Company. GE’s Grid Solutions completed the design, civil works, equipment supply, installation, testing, and commissioning of the 380/110 kV substation despite the challenges of the COVID-19 pandemic. The […] GE, Shandong Tiejun complete substation for Saudi’s Rabigh-3 IWP – Saudi ArabiaDME GmbH2021-06-02T15:44:53+02:00