IsDB Finances Sudan’s Upper Atbara Dam Complex Project with $135 Million

IsDB Finances Sudan’s Upper Atbara Dam Complex Project with $135 Million
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IsDB Finances Sudan’s Upper Atbara Dam Complex Project with $135 Million

IsDB Finances Sudan’s Upper Atbara Dam Complex Project with $135 Million

The Islamic Development Bank (IsDB) announced on Sunday a $135 million financing package for the Upper Atbara Dam Complex project in eastern Sudan. This significant investment aims to bolster the region's water and energy infrastructure.

The Upper Atbara Dam Complex project is regarded as a groundbreaking initiative for sustainable water and energy resource management. It is designed to harness 3.6 billion cubic meters of water and generate 320 megawatts of renewable energy at the Rumaila power station.

In addition to boosting renewable energy production, the project will provide clean water to eastern Sudan, benefiting the surrounding communities.

According to the IsDB, the project sets a new benchmark for sustainable development in the region, focusing on boosting economic growth through improved infrastructure for water and energy resources.

The initiative also aims to expand access to renewable energy and clean water, contributing to long-term development and stability in eastern Sudan.



Riyadh Air Orders 34 Boeing, Airbus Widebody Jets in Expansion Push

A Riyadh Air Boeing 787-9 Dreamliner is seen before the opening of the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 13, 2025. (Reuters)
A Riyadh Air Boeing 787-9 Dreamliner is seen before the opening of the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 13, 2025. (Reuters)
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Riyadh Air Orders 34 Boeing, Airbus Widebody Jets in Expansion Push

A Riyadh Air Boeing 787-9 Dreamliner is seen before the opening of the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 13, 2025. (Reuters)
A Riyadh Air Boeing 787-9 Dreamliner is seen before the opening of the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 13, 2025. (Reuters)

Saudi Arabia's Riyadh Air placed orders for 34 widebody aircraft with both Boeing and Airbus on Monday, as it accelerates its plans to reach more than 100 destinations by 2030.

The airline said it would exercise options for 28 Boeing 787 Dreamliners from an order placed in 2023 ‌and convert ‌20 of those options into ‌the ⁠larger 787-10 variant.

Separately, ⁠the carrier confirmed the purchase of six Airbus A350-1000 aircraft, firming up previously held purchase rights and bringing its total confirmed A350-1000 orders to 31 aircraft.

The aircraft orders, the ⁠first announced at this year's Farnborough ‌Airshow, come ‌as Riyadh Air ramps up operations following ‌the launch of several new routes ‌since June, seeking to establish Riyadh as a major hub in the Middle East.

The carrier has already ‌taken delivery of six 787-9 aircraft and currently serves six ⁠cities.

Backed ⁠by Saudi Arabia's sovereign wealth fund, Riyadh Air is central to the Kingdom's strategy to diversify its economy beyond oil and boost tourism and connectivity under its Vision 2030 plan.

The carrier has said it aims to connect the Saudi capital to more than 100 destinations worldwide by the end of the decade.