Energy ‘We’re serious about net zero’ says Saudi’s PIF chief PIF establishing new hydrogen company Fund plans to develop 70 percent of renewable energy targets Kingdom to phase out almost all liquids Saudi Arabia’s Public Investment Fund (PIF) is committed to achieving its goal of developing 70 percent of the kingdom’s renewable energy by the end of the decade, PIF’s governor confirmed today. Despite it […] May 20, 2022
Saudi Arabia Vision 2030 Inside NEOM: Saudi’s $500bn smart megacity Arguably the most ambitious project taking shape in the kingdom is NEOM, a vast region in the northwest of the country that is slowly being transformed into a vision of the future. At the heart of Crown Prince Mohammed bin Salman’s drive to diversify the country’s economy, it is being built at an estimated cost […] May 18, 2022
Insight Saudi Arabia Vision 2030 Saudi Arabia: A kingdom in transformation Four giga-projects symbolise Saudi’s transformation and economic diversification from oil to technology and tourism – but global problems could delay progress In December last year the neighbourhood of Al-Balad in Jeddah played host to the first edition of the Red Sea International Film Festival. Held only three years after Saudi Arabia allowed cinemas to reopen […] May 18, 2022
Tourism Could alcohol be allowed at Saudi’s NEOM? The issue of legalising the sale of alcohol in Saudi Arabia is “not off the table”, according to a senior executive from one of the kingdom’s most high profile giga projects. “On alcohol, Saudi has a view NEOM will be its own authority, that’s not off the table,” Andrew McEvoy, managing director tourism at NEOM, […] May 10, 2022
