Tag Archives: Investment

Saudi Arabia is in talks with regional and global investors for its first mega entertainment and sports city that’s being developed as part of the kingdom’s plans for life after oil.

SP Energy Networks has revealed major plans to support a low carbon economy across the country and ensure it hits net-zero targets in the future.

The government is consulting on a new financing model to attract ‘significant’ private investment for future nuclear projects.

Saudi Arabia is seeking to develop new industries to wean its economy off oil.

The government is proposing to use the Regulated Asset Base (RAB) financing model. which would allow developers to charge customers in advance through their existing bills.

CEO Andrew Mackenzie has endorsed drastic action to combat the issue of climate change. which he said was indisputable.

The consortium behind the project claims the facility now makes up around 17% of the country’s installed capacity.

Foreign entities have shown interest in investing in Chabahar port in Southeastern Iran. and 11 investment agreements have been signed to be implemented by the end of this Persian year.

Development of the new technologies will be led by industry and academia and supported by more than 130 organisations.

It claims the move will see the city become the first in the world to introduce a double decker fleet powered by the clean gas.