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GE unit completes contract to power Saudi desalination plant

A renewable energy unit of General Electric (GE) has completed a turnkey substation contract to power a saltwater desalination plant in Saudi Arabia that will supply drinking water to Makkah and Jeddah. The Rabigh-3 plant is considered one of the largest seawater reverse osmosis (SWRO) plants in the world, with a capacity of 600,000 cubic meters of drinking water for the two

Riyadh confirmed as host of 2023 World Combat Games

Riyadh has been confirmed as the host for the 2023 World Combat Games (WCG), an event featuring 15 combat sports and martial arts that are members of the Global Association of International Sports Federations (GAISF). The Kingdom “is looking forward to welcoming athletes from all parts of the world,” said Prince Abdul Aziz bin Turki Al-Faisal Al-Saud, president of the Saudi

Saudi Arabia issues steel, cement export licenses amid construction surge

JEDDAH: The Saudi Arabian Ministry of Commerce has granted six steel export licenses and six cement export licenses so far this year. In 2020, the ministry issued a total of 21 cement export licenses and 19 steel licenses, and is currently reviewing two other export requests. The new licenses come as construction activity begins to recover following the postponement of many

Egypt raises price of subsidized vegetable oil as commodity markets surge

CAIRO: Egypt has raised the price of subsidised vegetable oils by 23.5 percent to 21 Egyptian pounds ($1.34) per one liter bottle effective June 1 following a jump in raw material costs globally, the Supply Ministry said on Sunday. The ministry said that global markets for raw oilseeds had recently seen a “notable increase” and that a committee would be formed to review prices

Exclusive: Iran s Reza Pahlavi pessimistic on nuclear deal but optimistic about future of ties with Saudi Arabia, Israel

DUBAI: Reza Pahlavi, the crown prince of Iran in exile, sees the outcome of the talks on a new nuclear deal as “futile” as long as the current regime is in place in Tehran. “Regardless of what is trying to be negotiated here, the net outcome is that it’s futile. The regime is simply using whatever it has as a means of blackmail forcing the world to deal with it so it can

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