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Saudi-made air conditioners win first place RIYADH, 5 hours, 15 minutes ago The Secretariat of the Arab Ministerial Council of Electricity (AMCE), an offshoot of the Arab League's Energy Department, has honoured the Saudi Energy Efficiency Centre (SEEC) for its High Efficiency Air Conditioners (HEAC) Initiative. HEAC had won the first place in this year's Arab Energy Efficiency Day Competition.   During a virtual awards ceremony, SEEC President Nasser Al-Ghamdi said that winning the award is a motivation for the centre to achieve more successes, adding that the HEAC initiative was launch...

"This development reflects the larger economic transformation underway in Saudi Arabia to grow the non-oil economy through investments in manufacturing, downstream petrochemicals, and other emerging sectors through the Public Investment Fund and programmes like the National Industrial Development & Logistics Programme," the USSBC said. Saudi Arabia is attempting to diversify its economy away from oil under the Vision 2030 programme announced in 2016. In a television interview last month to mark the fifth year since the strategy was first outlined, Saudi Crown Prince Mohammed Bin Salman said t...