wind

ACWA Power signs $263m deal for Nukus2 wind project in Uzbekistan 

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RIYADH: Carbon markets are set to play a pivotal role in achieving climate goals, with efforts from Saudi Arabia and the UAE, paving the way for a smooth energy transition.  According to a new report from the International Energy Forum, carbon markets are capable of effectively lowering the costs associated with greenhouse gas removal by … Read more

Saudi utility company ACWA Power signs $1.5bn wind energy deal with Egypt

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RIYADH: In a bid to attract global talent and diversify its economy away from oil, Saudi Arabia has added five new products to its premium residency program. The program, launched in 2019, aims to allow eligible foreigners to live in the Kingdom and receive benefits such as exemption from paying expat and dependents fees, visa-free … Read more