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Saudi Arabia announces 13 new renewables projects in latest move towards net-zero​


Tamara Abueish, Al Arabiya English

Published: 11 November ,2022: 01:51 PM GST
Updated: 11 November ,2022: 04:33 PM GST

Thirteen new renewables projects are currently under development, the Kingdom’s Minister of Energy Prince Abdulaziz bin Salman announced as the country pushes towards its goal of achieving net-zero by 2060.

The projects have the capacity of 11.3 Gigawatts and the ability to reduce approximately 20 million tons of carbon emissions per year, he said at the Saudi Green Initiative (SGI) Forum on Friday– held in Sharm el-Sheikh in tandem with COP27.

The move comes as part of the country’s commitment to produce 50 percent of its power come from renewable sources by 2030. The past year alone, Saudi Arabia has managed to reduce emissions by about one million tons, the minister added.


Saudi Arabia’s Crown Prince Mohammed bin Salman had pledged late last year that the Kingdom would cut its carbon emissions to net-zero by 2060.

Prince Abdulaziz also announced that the Ministry of Energy and Saudi Aramco – one of the world’s largest oil producers – have partnered to establish a carbon capture and storage (CCS) hub, in the Kingdom’s latest move towards achieving net-zero by 2060.

“I’m very pleased to announce the establishment of a carbon capture and storage hub through a partnership with Aramco, which will help the Kingdom to meet its net-zero ambition by 2060. Don’t be very surprised if we achieve this net zero even before that period,” the Kingdom’s Minister of Energy Prince Abdulaziz bin Salman said at the Saudi Green Initiative (SGI) Forum on Friday– held in Sharm el-Sheikh in tandem with COP27.

“We honor our commitments and deliver them. We have to showcase that we are honorably achieving our commitments,” Prince Abdulaziz said.

The new CCS hub will be located on the east coast of Saudi Arabia in Jubail and will be able to safely store up to 9 million tons of carbon dioxide a year by 2027, Saudi Aramco’s CEO Amin Nasser at the Saudi Green Initiative (SGI) Forum on Friday.

Saudi Aramco plans to store around six million tons of its own CO2 emissions at the capture and storage unit, and three million from other companies, the CEO added.

“At Aramco, we aim to contribute around 6 million tons, and the remaining 3 million tons from other industrial sources. As overall capacity ramps up, we will start other phases of our carbon-capture sequestration process,” Nasser said.



1 minute read
November 7, 20224:55 PM GMT+1
Last Updated 5 days ago

Saudi Arabia commits $2.5 bln to Middle East green initiative - Crown Prince​

Reuters

SHARM EL SHEIKH, Egypt, Nov 7 (Reuters) - Saudi Arabia's Crown Prince Mohammed bin Salman said on Monday the kingdom would contribute $2.5 billion to a green initiative in the Middle East over the next 10 years, and host its headquarters.

The Middle East Green Initiative was launched by the crown prince last year as part of efforts to reduce regional carbon emissions.

Saudi Arabia had said last year it aimed to contribute 15% of the $10.4 billion required for the fund's clean energy projects.

The crown prince, known as MbS, also said the kingdom's Public Investment Fund, would aim for net-zero emissions by 2050.

The Middle East Green Initiative aims to reduce carbon emissions from regional hydrocarbon production by more than 60%.

It also plans to plant 50 billion trees across the Middle EAst and restore an area equivalent to 200 million hectares of degraded land. The initiative will help reduce global carbon levels by 2.5%.

Saudi Arabia plans to rely on renewables for 50% of its electricity generation by 2030, the prince said, removing 44 million tonnes of carbon emissions by 2035.

Register for free to Reuters and know the full story​

Reporting by Maha El Dahan, Aziz El Yaakoubi, Nayera Abdallah and Moaz Abd-Alaziz; Editing by Jan Harvey and Ed Osmond
Our Standards: The Thomson Reuters Trust Principles.


Saudi Arabia progresses with its 2030 climate action plan: Energy Minister​


Participants attend the Saudi Green Initiative Forum to discuss efforts by the world's top oil exporter to tackle climate change, in Riyadh, Saudi Arabia, October 23, 2021. REUTERS/Ahmed Yosri
Participants attend the Saudi Green Initiative Forum to discuss efforts by the world's top oil exporter to tackle climate change, in Riyadh, Saudi Arabia, October 23, 2021. (Reuters)

Jennifer Bell, Al Arabiya English

Saudi Arabia on Friday unveiled its progress on its Saudi Green Initiative (SGI) under which the Kingdom plans to plant more than 600 million trees, protect 30 percent of the country’s land and sea from climate change and build the world’s green hydrogen plant.

Energy Minister Prince Abdulaziz bin Salman discussed the updates at the country’s SGI forum on the sidelines of COP27 in Sharm el-Sheikh, Egypt.

Inaugurated in October 2021 by Crown Prince Mohammed bin Salman, SGI is a roadmap for Saudi Arabia’s climate action, paving the way for the Kingdom’s plan to reach net zero emissions by 2060.

Over the past year, Saudi Arabia has accelerated the pace of its climate action.

Saudi Arabia has revealed updates on its three Saudi Green Initiative (SGI) targets on the first day of the Saudi Green Initiative (SGI) Forum– held in Sharm el-Sheikh in tandem with COP27. (Supplied)

Saudi Arabia has revealed updates on its three Saudi Green Initiative (SGI) targets on the first day of the Saudi Green Initiative (SGI) Forum– held in Sharm el-Sheikh in tandem with COP27. (Supplied)

he Kingdom has increased the number of trees its will plant to more than 150 million from the initial goal of 450 million by 2030, state news agency SPA reported Saturday.

Pledges​

The country’s pledge to reduce emissions by 278 mtpa by 2030 through the Circular Carbon Economy (CCE) approach is also on track, the forum heard.

In line with the Kingdom’s ambition to achieve 50 percent power generation capacity from renewables by 2030, 13 new renewable energy projects with a total capacity of 11.4GW, at an estimated investment value of US$ 9 billion (SAR 34 billion), are under development.

The projects, once operational, are set to reduce around 20 million tons of CO2e per year.

World’s largest hydrogen plant​

Supporting delivery of the SGI emissions reduction target and the Kingdom’s ambition to become the world’s foremost low-cost producer and exporter of clean hydrogen, the world’s largest green hydrogen plant is under construction and set to start producing up to 600 tons per day in 2026.

Aramco, SABIC and Ma’aden have received the world’s first independent certifications recognizing blue hydrogen and ammonia production, further enabling Saudi Arabia’s export infrastructure for clean fuels.

In his keynote speech Prince Abdulaziz bin Salman, Saudi Arabia’s Minister of Energy said: “The entire government is working in unison to deliver the Saudi Green Initiative.

“Next year, we will be finalizing the plans for developing 10 more renewable energy projects and connecting an additional 840 MW of solar PV power to our grid.”

“Today, we are announcing that we will launch a GHG crediting and offsetting scheme at the beginning of 2023 to support and incentivize efforts and investments in emission reduction and removal projects in all sectors in the Kingdom.”

During the SGI Forum, the Minister of Energy announced the signing of a Joint Development Agreement with Saudi Aramco for one of the largest planned Carbon Capture and Storage (CCS) hubs in the world.

The center in Jubail Industrial City will start operating by 2027 and be able to extract and store 9 million mtpa of CO2 in its first phase, supporting Saudi Arabia’s aim to extract, use and store 44 mtpa of CO2 by 2035.

Pilot projects​

At this year’s SGI Forum, the Crown Prince also witnessed the launch of three pilot projects for carbon capture and utilization led by KAUST, NEOM and SEC; Alsafwa Cement Company and Ma’aden and Gulf Cryo, to further the implementation of the circular carbon economy framework and reduce emissions in hard-to-abate sectors.

At the Forum, the Saudi Arabian Mining Company (Ma'aden), one of the world's fastest growing mining companies and the largest mining and multi-commodity metals company in the Middle East, announced its plans to export blue ammonia as it seeks to support the global transition to sustainable energy.

Ma’aden has been given accreditation for a quantity of 138,000 tons of blue ammonia, representing one of the largest quantities approved in the world to date, while the company is also seeking to decarbonize its existing operations by adopting carbon capture technologies.

During the forum, Ma'aden signed a 20-year agreement with Gulf Cryo to build and operate a carbon dioxide capture plant at the Ma'aden Phosphate Complex in Ras Al Khair Industrial City.

‘Taking climate action international’​

Also speaking on the opening morning of the SGI Forum, Abdulrahman AlFadley, Saudi Arabia’s Minister of Environment, Water and Agriculture said: “Saudi Arabia is taking environmental action on a national, regional and international level. As a global community, we have to work comprehensively and take multiple actions in parallel. In Saudi Arabia we have a clear strategy that identifies the gaps we have in our environmental policy and works to find nature-based solutions.”

Tree planting pledge​

Since the launch of the Saudi Green Initiative, over 18 million trees have planted, and 17 new initiatives launched across the country to restore natural greenery and protect against the impacts of climate change.

Out of the total, 13 million trees planted in the Kingdom this year have been mangroves.

The regeneration of Saudi Arabia’s natural wetland forests is a living barrier against shoreline erosion and a natural defense against climate change, with the trees sequestering five times more carbon than tropical forests.

In contribution to the 10 billion trees target, this year NEOM has announced that 1.5 million hectares of land will be rehabilitated, and 100 million native trees, shrubs and grasses planted by 2030.


Protecting marine biodiversity​

To protect marine biodiversity, an institution has been established to preserve coral reefs and protect the habitats of sea turtles in the Red Sea.

Saudi Arabia also announced that 60 thousand hectares of degraded land in the country have been rehabilitated.

Approximately 100 carefully chosen species of native and adaptive trees are being cultivated in dedicated nurseries before being planted in 62 approved sites around the country to restore natural vegetation cover, protect biodiversity and bind the soil to protect against dust storms.

These coordinated national measures have enabled the Kingdom to increase the size of areas under protection fourfold from what it was 2016.

Detailed information and updates on SGI initiatives are on display at the SGI Gallery in Sharm El Sheikh. Open until 18 November, the gallery will allow visitors to immerse themselves in the multitude of different projects being implemented across the country.

SGI was launched in 2021 to unify and amplify Saudi Arabia’s climate action, in line with the Kingdom’s Vision 2030. The initiatives under SGI demonstrate Saudi’s dedication to addressing climate change and regional environmental challenges including high temperatures, low rainfall, dust storms and desertification.



Very positive news.
 
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Corruptistan

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Saudi Arabia’s real GDP grows by 8.6% in Q3 2022​


Domestically, real non-oil GDP growth expanded by 5.9 per cent, following six consecutive quarters of growth

byGulf Business
November 5, 2022

1668251663909.png


Despite a slowing economic growth outlook, Saudi Arabia registered real GDP growth of 8.6 per cent year-on-year in Q3 2022.

Inflation was also contained at 2.9 per cent – one of the lowest rates among the G20 nations, the Saudi Press Agency (SPA) reported.

These figures were published in a new report from Saudi Arabia’s Ministry of Economy and Planning (MEP).

Going forward, the report will be published quarterly by the ministry to provide a regular, accurate, and detailed update on the performance of both the global economy and the kingdom’s local market.

Domestically, real non-oil GDP growth expanded by 5.9 per cent, following six consecutive quarters of growth, a run that stretches back to the first quarter of 2021.

Manufacturing, wholesale, retail trade, restaurants and hotels, construction and transport were among the key contributors to the kingdom’s non-oil GDP growth in the third quarter of 2022, according to the report.

Despite persistent supply-chain bottlenecks clogging up global trade, the kingdom’s trade balance climbed by 87 per cent to SAR72 bn in August 2022.

Exports to China, Japan and the US increased, while India and South Korea doubled imports of Saudi Arabian goods year-on-year.



“The Ministry of Economy and Planning’s first quarterly report is a milestone in our efforts to become more transparent by providing access to the latest data and statistics on the kingdom’s economic performance,” said Faisal F Alibrahim, Minister of Economy and Planning. “The report outlines our country’s strong economic performance, continued progress toward achieving Vision 2030 and drive to deliver sustainable diversification that remains pivotal to the long-term prosperity of our people and nation.”

He added: “Looking ahead, our growth prospects remain strong, and investors should be bullish about the near-term performance of the economy thanks to strong energy prices, non-oil growth, robust trade and the kingdom’s growing ability to attract talent, tourism and investment. As we continue to catalyse greater flows of foreign direct investment in new areas including the broader energy transition and circular economy, we will add greater resilience to our economy at a time when the global economic landscape is affected by multiple crises.”

Covering eight categories, MEP’s quarterly economic report aims to provide a comprehensive overview of the economy across real GDP, monetary policy, fiscal measures, diversification, markets and business, households, investment and trade, and labour markets.

Data comes from a variety of government sources including the General Authority for Statistics and the Saudi Central Bank.


This is pretty insane.


Compare KSA's natural resources with their population combined with the other countries on this list. They are FAR ahead of everyone. It is not even funny.

Or the vast potential for alternative energy in KSA such as solar, wind, nuclear energy (KSA has 5-10% of all uranium reserves in the world), green and blue hydrogen etc.

Such numbers are also a good confirmation and a good sign of the industrialization process going full speed ahead.

 

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The Saudi "SAMI" company presents a model of a new advanced Vtol UAV

1668739410511.png


The manufacturer of the drone revealed to the “Arab Defense” website that the new drone is easy to integrate with warships, and that it can take off from a small helicopter platform..

The UAV can also display the images in real-time, or at a later time on networked displays and WiFi devices throughout the ship..


For his part, the CEO of the Saudi Company for Military Industries SAMI, Eng. Walid bin Abdul Majeed Abu Khaled, said that the second Saudi International Maritime Forum is an opportunity to discuss practical solutions that can be invested in the fields of maritime industries in the Kingdom and the world, adding that the company has developed integrated protection solutions for ports and strategic assets at all levels. Sea, using a command and control system to integrate underwater, surface and air sensors with multiple systems and vehicles to respond to any type of threat.
 

The SC

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Tengden TB-001 with ridiculous load. It has max take off weight of 3,000+ kg, 8,000km range in reconnaissance role with service ceiling of 10,000 meters. It’s reconnaissance variant is in service with PLA that frequently flies through islands of Japan & Taiwan.

1668991018651.png


The family of Tb001 is the Saudi IQAB drones..

1668991364285.png


1668991656162.png
 
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hamza gareeb

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Tengden TB-001 with ridiculous load. It has max take off weight of 3,000+ kg, 8,000km range in reconnaissance role with service ceiling of 10,000 meters. It’s reconnaissance variant is in service with PLA that frequently flies through islands of Japan & Taiwan.

View attachment 899116

The family of Tb001 is the Saudi IQAB drones..

View attachment 899118

View attachment 899119
i think china will tot it to ksa with name of iqab1. I am Enthusiastic for Chinese president visit to ksa in December.
 

Gomig-21

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Tengden TB-001 with ridiculous load. It has max take off weight of 3,000+ kg, 8,000km range in reconnaissance role with service ceiling of 10,000 meters. It’s reconnaissance variant is in service with PLA that frequently flies through islands of Japan & Taiwan.

View attachment 899116

That payload really is ridiculous in the most impressive way. Being able to carry what looks like around 12 hellfire/brimstones type PGMs (not very familiar with Chinese PGMs) is incredible.

Toughest part for birds of this size since they need to be large enough to carry such loads is survivability. UAVs & UCAVs take a beating in the attrition column, but that's just the way it is because of their makeup and roles. If it flies high enough and has decent defensive capabilities, that will certainly increase its survivability.

10,000 meters is roughly what, 30,000 feet service ceiling in the reconnaissance role? If that's the case with this UCAV version, then that would certainly improve its survivability. The ToT aspect is invaluable also.
 

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A huge Saudi deal after the Zhuhai Airshow

Chinese military sources said that a deal took place between Saudi Arabia and China
The current general list is as follows:

1. CKD TB001 Twin-Tailed Scorpion Production Line, US$200 Million..

1669487120671.png


2. Set N of the Silent Hunter laser weapon system, valued at $1.3 billion..

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3. 300 Rainbow 4 attack drones..

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4. 15 sets of Eagle Strike 21E supersonic anti-ship missiles! ! !

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The most interesting are 15 sets of Eagle Strike 21E. There are three types of missiles: ship-borne, airborne, and shore-based..

 

The SC

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Saudi Arabia's acquisition of 15 anti-ship batteries of the Eagle Strike-21E hypersonic missiles will change the balance of power in the region..

The superpowers are still trying to develop defensive methods to confront this type of threat..

The missile has a speed of around Mach 10 and has a twin cone head capable of taking a floating trajectory and changing its orbits in the terminal stage..

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The SC

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December 01, 2022

In the presence and patronage of His Royal Highness Prince Khalid bin Salman bin Abdulaziz, Minister of Defense, and His Excellency the Minister of Industry, Trade and Tourism of the Kingdom of Spain, Ms. Maria Reyes Maroto, the Ministry of Defense and the General Authority for Military Industries signed a memorandum of understanding with the Spanish company Navantia to acquire and build a number of multi-mission combat ships For the Royal Saudi Naval Forces.

The memorandum was signed on behalf of the Ministry of Defense, His Excellency Assistant Minister of Defense for Executive Affairs Dr. Khaled bin Hussein Al-Bayari, and on the authority’s side, His Excellency Eng. Ahmed bin Abdulaziz Al-Ohali, Governor of the Authority, and on the side of the Spanish company, Navanita, Chairman and CEO of Navanita, Mr. Ricardo García Baguro.The MoU aims to raise the level of readiness of the Royal Saudi Naval Forces. To enhance maritime security in the region, protect the vital and strategic interests of the Kingdom, and support the strategic, operational and tactical goals of the Ministry of Defense.

The agreement includes that the Spanish company will localize up to 100% of naval shipbuilding, integration of combat systems and ship maintenance, in line with the goals and vision of the Kingdom 2030.

The MoU focuses on integrating combat systems into new ships, systems design and engineering, hardware design, software development, testing, verification systems, prototyping, simulation and prototyping, as well as logistical support and training program design.


On this occasion, His Excellency the Assistant Minister of Defense for Executive Affairs, Dr. Khaled Al-Bayari, confirmed that this memorandum of understanding comes within the vision of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister - may God protect him - to create a base for advanced marine industries in the Kingdom, as well as in accordance with the directives of His Highness His Royal Highness Prince Khalid bin Salman bin Abdulaziz, Minister of Defense, with the aim of raising the readiness of the armed forces, sustaining systems, localizing military industries, and maximizing the use of local content.

His Excellency said that this event is of great importance to the Ministry of Defense and a milestone in our cooperation with Navantia. With the aim of strengthening the naval capabilities of the Royal Saudi Navy, indicating that this memorandum enhances the contribution to raising military readiness, enhancing joint operation between all security and military agencies, in addition to raising transparency and spending efficiency.

For his part, His Excellency the Governor of the General Authority for Military Industries, Eng. Ahmed Al-Ohali, affirmed: “This memorandum promotes the process of localization in the military industries sector by achieving the goals of the Kingdom’s vision to localize more than 50% of the total military spending by 2030, which will enable it to achieve the national priorities represented in In strengthening the strategic independence of the Kingdom, in addition to developing a sustainable local military industries sector that enhances the building of local industrial capabilities and various supply chains, in addition to the localization of human cadres.

His Excellency added that the memorandum of understanding comes under the guidance of the wise leadership to strengthen the Kingdom's global position in the military industries sector, especially through its strategic geographical location that connects three continents, which makes it the ideal destination for investment in this sector.

For his part, the Chairman and CEO of Navanita, Mr. Ricardo García Baguro, expressed his happiness at signing the Memorandum of Understanding with the Ministry of Defense to build a number of multi-tasking combat ships, after the success of the first project, the Sarawat Project, which is a qualitative leap for Navantia and the Royal Saudi Navy.

And he considered that the timely completion of the first project contributed to renewing the confidence of the Kingdom of Saudi Arabia in the Navantia company, as two of the project’s ships were launched: the “His Majesty the King Jubail” and the “His Majesty the King Diriyah”.
Baqero indicated that the project ships are characterized by their incorporation of the latest combat systems to deal with all air threats, surface and subsurface, and are the latest of their kind in the world. He also affirmed the company's commitment to transfer technology to Saudi engineers, and to contribute to the localization of the Kingdom's technical capabilities.

On the Saudi side, the signing ceremony was attended by His Excellency the Chief of the General Staff, Lieutenant General Fayyad bin Hamed Al-Ruwaili, His Excellency the Assistant Minister of Defense, Eng. Talal bin Abdullah Al-Otaibi, His Excellency the Commander of the Royal Saudi Naval Forces, Lieutenant General Fahd bin Abdullah Al-Ghafili, and the Director General of the Office of the Minister of Defense Hisham bin Abdulaziz bin Saif, Undersecretary of the Ministry of Defense for Procurement and Armament Ibrahim bin Ahmed Al-Suwaid, and Deputy Governor of the Public Authority for Military Industries, Muhammad bin Saleh Al-Athel.

On the Spanish side, the Ambassador of the Kingdom of Spain to the Kingdom, Jorge Ipia, the Military Attaché at the Embassy of the Kingdom of Spain to the Kingdom, Colonel Jose Maria Bonastri, Vice President of the Spanish Navanita Company Agustin Alvarez Blanco, and Adviser to the President of the Spanish Navanita Company Admiral Javier Romero Caramillo.

 

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