Skip to content Skip to Search
Skip navigation

Saudi water agency seeking global partnerships

Saudi water agency Global Water Organisation Reuters/SWCC
A desalination plant in Jubail, Saudi Arabia: The kingdom's new water agency aims to collaborate with like-minded organisations around the world
  • Global Water Organisation established
  • Climate collapse imperils water systems
  • Mena facing extremely high water stress

A Saudi government body set up this week to address global water challenges hopes to collaborate with other organisations across the world to meet its goals, the kingdom’s environment minister said on Friday. 

“The vision for this initiative is not just about creating a research and policy platform,” said Abdul Rahman Al Fadhli, Saudi Arabia’s minister of environment, water and agriculture. 

“We aim to ensure that every international voice contributes to shaping the dialogue and decision-making process in water resource management.”

Saudi Arabia established the Global Water Organisation, a government agency to tackle water issues regionally and globally, including water scarcity, quality and access.  

The new Saudi water agency will now start collaborating with partners across the world and roll out “critical” projects to improve sustainable water management, he added. 

It aims to prioritise knowledge exchange on global water issues, and support communities most in need, for example the less developed Global South. 

Demand for fresh water is forecast to increase by up 25 percent by 2050 as the world population ticks up to 9.8 billion, the World Resources Institute said in August.

The entire population of the Middle East and North Africa face “extremely high water stress by 2050”, according to the WRI’s Aquaduct Water Risk Atlas. 

The impacts of climate change – drought, floods and pollution – “can further destabilise economic and geopolitical stability, food and energy security and environmental sustainability,” making the need for such work more acute, said Al Fadhli. 

The Saudi Arabian government said it has invested more than $6 billion of development funding to water and sanitation projects across four continents to date.

Latest articles

PIF's Starbucks shareholdings were cut almost by half from 6.3 million shares to 3.8 million

PIF slashes Starbucks stake as it cuts US stocks by $15bn

Saudi Arabia’s Public Investment Fund (PIF) has slashed its US equity holdings by 42 percent to $20.6 billion, including its stake in Starbucks, the global coffee chain that has suffered calls for a boycott as a result of the Gaza conflict. The latest US government data highlights funding challenges facing the Saudi giga-projects.  The filing […]

Tunisia olives

Soaring olive oil exports help Tunisia balance books

Tunisia’s soaring olive oil exports have almost doubled to close to $1 billion in just five months, helping it claw back its current account deficit.   However the increased revenues merely “paint over the cracks” and the country is still probably heading towards a sovereign default, according to an economic expert. Tunisia’s current account deficit narrowed […]

Iraqi prime minister Mohammed Shia Al-Sudani attends licensing rounds for 29 oil and gas exploration blocks at the oil ministry's headquarters in Baghdad

Falling oil prices deepen Iraq’s fiscal imbalances, says IMF

Iraq’s fiscal imbalances have worsened due to significant fiscal expansion and lower oil prices, according to the International Monetary Fund (IMF). “The ongoing fiscal expansion is expected to boost growth in 2024 at the expense of a further deterioration of fiscal and external accounts and Iraq’s vulnerability to oil price fluctuations,” the Washington-based fund said in […]

Saudi aluminium producer Talco is offering 12 million shares

Aluminium producer Talco announces Saudi IPO

Aluminium producer Al Taiseer Group Talco Industrial Company (Talco) is the latest entity to reveal initial public offering (IPO) plans in Saudi Arabia. The Riyadh-based company, which was set up in 2009, is offering 12 million shares, a 30 percent stake, on the Saudi Exchange (Tadawul) at a nominal value of SAR10 ($2.67) per share. […]