Saudi Project to Prepare Executive Guidelines to Rationalize Sustainable Energy

Saudi Shura Council
Saudi Shura Council
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Saudi Project to Prepare Executive Guidelines to Rationalize Sustainable Energy

Saudi Shura Council
Saudi Shura Council

Saudi Arabia is currently working on enhancing energy efficiency through a huge project to prepare executive guidelines to implement the directives and principles of rationalizing sustainable energy.

This step aims at bolstering the Kingdom’s strategic approach to control energy use and ensure its sustainability in accordance with its Vision 2030.

The Saudi Shura Council has reviewed with officials of the Saudi Energy Efficiency Center the developments of the project in cooperation with specialists from the Ministry of Municipal and Rural Affairs.

The Council’s Economic and Energy Committee held a meeting on Friday to review the annual report of the Saudi Energy Efficiency Center.

The videoconference was chaired by Dr. Faisal al-Fadel and attended by the Center’s President, Nasser al-Ghamdi, and a number of officials.

They discussed the executive and administrative obstacles and challenges facing the Center and the most prominent solutions to overcome the difficulties in order to improve its achievements.

Discussions stressed on means to localize technologies and use digital technology to boost energy efficiency in the Kingdom.

They highlighted the role of digital technology in modernizing energy efficiency and increasing its value, in addition to removing regulatory barriers to innovation and improving access to energy-related data, while ensuring equitable access to digital technology and infrastructure.

The Committee is one of the Shura Council’s several specialized committees with a focus on energy consumption, rationalization of power, and innovation in the sector.

Separately, the Saudi Ministry of Commerce and Investment revealed on Saturday that it has licensed 3.4 thousand shops and stores to announce discounts for commercial establishments and e-stores on the occasion of the Kingdom's National Day during the period from Sep.22 till 24.

These included more than 1.7 million food and consumer products displayed at commercial and e-sales outlets in the Kingdom’s various regions.

Electrical and electronic devices, clothes, and other commodities and other products topped the list of the most discounted commodities.

According to a statement on Saturday, the Ministry’s monitoring teams launched 497 commercial reports about discount violations received by the Consumer Reports Center.

Regulatory measures were taken in accordance with the Anti-Commercial Fraud Law, the statement affirmed.



Saudi Arabia Boosts Strategic Partnership with Indonesia in Mining, Food, Pharmaceutical Industries

Saudi Arabia Boosts Strategic Partnership with Indonesia in Mining, Food, Pharmaceutical Industries
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Saudi Arabia Boosts Strategic Partnership with Indonesia in Mining, Food, Pharmaceutical Industries

Saudi Arabia Boosts Strategic Partnership with Indonesia in Mining, Food, Pharmaceutical Industries

Minister of Industry and Mineral Resources Bandar Alkhorayef is leading a high-level delegation from the Kingdom’s industry and mining ecosystem on an official visit to Indonesia from April 15 to 17 to strengthen bilateral economic ties.
The visit aims to attract high-quality investments to the Kingdom and explore mutual investment opportunities in the mining sector and various industrial fields, particularly food, pharmaceuticals, and auto parts, aligning with the objectives of the Kingdom Vision 2030 to diversify the economy and position the Kingdom as a leading global industrial power, SPA reported.
The delegation will participate in high-level strategic meetings with senior government officials from various Indonesian ministries and will also meet with leaders of major Indonesian companies in mining, food, pharmaceutical, and other strategic industrial sectors.

Key meetings in Jakarta will include sessions with the minister of energy and mineral resources and the minister of industry, in addition to discussions with private sector leaders such as the CEO of PT Vale and the chairman of BioPharma.
Indonesia is considered a strategic partner for the Kingdom in Southeast Asia. By the end of 2023, bilateral trade between the two countries reached SAR22.5 billion, with Saudi exports amounting to SAR15 billion and Indonesian imports totaling over SAR7.5 billion.

These figures reflect the strength of economic relations and the mutual interest in expanding areas of cooperation and capitalizing on available opportunities in key sectors. Globally, Indonesia’s exports reached approximately SAR814 billion in 2024, marking a 1.3% annual increase.
Alkhorayef’s visit sets the stage for a new phase in bilateral relations, with both sides focused on building a long-term strategic partnership that supports their local economies and enhances economic integration between the two nations.