Saudi Arabia to Host Conference on Water Desalination in Space

Saudi Arabia will host a conference to discuss the future of water desalination and the latest industrial developments. (Asharq Al-Awsat)
Saudi Arabia will host a conference to discuss the future of water desalination and the latest industrial developments. (Asharq Al-Awsat)
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Saudi Arabia to Host Conference on Water Desalination in Space

Saudi Arabia will host a conference to discuss the future of water desalination and the latest industrial developments. (Asharq Al-Awsat)
Saudi Arabia will host a conference to discuss the future of water desalination and the latest industrial developments. (Asharq Al-Awsat)

Saudi Arabia’s capital Riyadh will host the Future of Desalination International Conference (FDIConf 2022).

It is the first global gathering of its kind that explores the prospects and solutions for the future of water in the world to develop the industry and research and propose sustainable solutions.

The three-day event, “Desalination in Space”, is being organized by the Saline Water Conversion Corporation (SWCC) and will be held on September 11.

Policymakers, innovators, financiers, marketers, operators, contractors, developers, and technology suppliers from around the world are set to participate.

The event will draw a roadmap for the development of the unconventional water resources industry until 2030 through workshops and a 3D presentation on desalination in space, undersea and in snowy areas, and virtual simulation stations that operate without humans.

It seeks to present a progressive and ambitious reading of the future in the field of water desalination, in line with advanced research, to benefit from space sciences and related experiments.

Experts will discuss new visions related to water desalination activity according to the available information, requirements and future research in the field of space.

It aims to suggest solutions that may held reduce carbon emissions by 50%, developing revenues in the industry, and controlling the cost of water desalination to reach the world record price of $0.32 per cubic meter.

The event will kick off with a ministerial session and an inaugural session, as well as an accompanying exhibition on water desalination.

Relevant parties will sign agreements and memoranda of understanding to underscore Saudi Arabia's pioneering role in water desalination.

The SWCC was established in 1974 as an independent governmental institution with a legal personality, mandated and entrusted with desalination of seawater and delivery of desalinated water produced to various regions across the Kingdom.



China to Focus on Stabilizing Housing Market in 2025, Housing Regulator Says

 A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)
A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)
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China to Focus on Stabilizing Housing Market in 2025, Housing Regulator Says

 A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)
A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)

Efforts will continue in 2025 to stabilize and prevent further declines in China's real estate market, China Construction News reported, citing a work conference held by the housing regulator on Tuesday and Wednesday.

China will vigorously promote the reform of the commercial housing sales system, and expand the scope of urban village renovation beyond the addition of 1 million units, the report said.

China will strictly control the supply of commercial housing, while increasing the supply of affordable housing to help solve the living problems of a large number of new citizens, young people and migrant workers, it said.

Policymakers have stepped up efforts to revive the real estate by introducing new measures to encourage home demand after a government-led campaign to rein in highly leveraged developers triggered a crisis in 2021.

Since September, measures aimed at encouraging homebuying have included cutting mortgage rates and minimum down-payments, as well as tax incentives to lower the cost of housing transactions.

The real estate market has shown some momentum of stabilizing, with home transactions in October and November seeing year-on-year and month-on-month growth for two consecutive months, said the conference.

China's home prices fell at the slowest pace in 17 months in November, supported by government efforts to revive the sector, official data showed.

An official of the Central Financial and Economic Affairs Commission in December called for policy measures with direct impact on stabilizing the real estate market to be adopted as soon as possible, with local governments getting greater autonomy to buy housing stock.