SPARK to Launch Organic Fertilization to Lock Humidity in Saudi Arabia’s Sands

A visualized scene of the King Salman Energy Park in eastern Saudi Arabia, which operates according to a policy of sustainability in energy and environment. In the frame, CEO Saif Al-Qahtani (Asharq Al-Awsat)
A visualized scene of the King Salman Energy Park in eastern Saudi Arabia, which operates according to a policy of sustainability in energy and environment. In the frame, CEO Saif Al-Qahtani (Asharq Al-Awsat)
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SPARK to Launch Organic Fertilization to Lock Humidity in Saudi Arabia’s Sands

A visualized scene of the King Salman Energy Park in eastern Saudi Arabia, which operates according to a policy of sustainability in energy and environment. In the frame, CEO Saif Al-Qahtani (Asharq Al-Awsat)
A visualized scene of the King Salman Energy Park in eastern Saudi Arabia, which operates according to a policy of sustainability in energy and environment. In the frame, CEO Saif Al-Qahtani (Asharq Al-Awsat)

With the launch of the 2022 United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, which will witness the holding of the largest regional gathering in support of the two Saudi initiatives - the Green Middle East and Green Saudi Arabia - the King Salman Energy Park (SPARK) is emerging as a sustainable global energy center in the east of the Kingdom, with the vision of becoming a regional gateway for logistics services in the energy sector.

In an interview with Asharq Al-Awsat, SPARK Chairman and CEO Saif Al-Qahtani revealed a number of initiatives and future plans to minimize environmental impacts and achieve maximum benefits from green investment, by providing world-class infrastructure in the refining, petrochemical, electric power and water production industries.

Integrated system

Al-Qahtani said that work was underway to develop an industrial zone, a business district, a residential and commercial district and a training zone, in addition to the dry port and logistics services area, which stretches over an area of 3 square kilometers and includes warehouses, modern storage facilities and a customs clearance area.

With the rapid progress of the mega project, the environmentally friendly and sustainable building techniques and advanced materials adopted by SPARK will ensure that the environmental impacts are minimized and the maximum benefit is achieved, by creating opportunities and reducing operational costs, according to the CEO.

He added that SPARK sought to provide world-class infrastructure for global investors in the crude oil and gas industries, refining, petrochemical industries, electric power and water production and treatment, pointing out that the project is expected to contribute $6 billion annually to the GDP by 2035.

Maximizing sustainability

Al-Qahtani noted that the project would witness the implementation of transformational initiatives and practices, based on sustainability in line with the objectives of the Green Saudi Initiative.

He stated that SPARK sought to become an industrial city that supports the circular carbon economy and achieve zero emissions by 2040. He cited the lighting of city streets with thousands of solar lamps, which are powered by vertical photovoltaic cells and lithium-ion batteries to store energy during the day.

SPARK is expected to become an international model city that facilitates the development of sustainable energy and environmentally-friendly technical solutions, he underlined.

Soil fertilization

Al-Qahtani disclosed efforts to rationalize water consumption, noting that most of the water is reused after treatment. He added that the rainwater drainage system was designed in proportion to the natural terrain surrounding the city, to eventually pour into a natural basin located on the outskirts of the project.
Al-Qahtani unveiled an experiment conducted by SPARK to fertilize the soil with the Liquid Nano Clay technology, an organic mixture that locks humidity and essential nutrients when sprayed on the arid desert sands, thus allowing plants to receive the much needed resources that are often scarce in this type of soil.

Investors’ flow

According to Al-Qahtani, SPARK provides an integrated and flexible business environment through its advanced infrastructure and world-class ICT systems that support the success of investors and the growth of their businesses.

SPARK is committed to helping investors meet environmental, social and corporate governance requirements and standards, he emphasized.

“As part of a leading global ecosystem at the heart of energy markets... SPARK’s design provides investors with an easy access to global markets, as the joint venture with Hutchison Ports will provide a fully automated, advanced logistics area supported by a world-class multimodal dry inland port, warehouses, and support services,” Al-Qahtani said.

“Through its advanced infrastructure, readiness and integration of services, SPARK aims to support all investors, and help them document their participation in the project at every step,” he added.

He noted that, during the past three years, the city was able to attract a large number of investors and partners, stressing that 40 major companies in the field of energy and technology have started investing in the project.

In the coming years, the total direct investment in King Salman Energy Park is expected to exceed $3 billion, the CEO said.

Presented projects

Al-Qahtani stated that SPARK would encompass the largest dry port in the region with a capacity of 10 million tons, with all the necessary services to facilitate exports and imports.

He added that the dry port would be managed and operated according to the highest international standards, under a partnership agreement with Hutchison Ports, a global port operator.

In addition, Al-Qahtani stressed that SPARK supported a number of national programs that aim to increase productivity in the labor market and create more employment opportunities.

He noted that partnerships and agreements have been concluded with national universities, such as King Faisal University and Prince Mohammad Bin Fahd University, in line with the values and principles of environmental responsibility and improving operational efficiency.

Sustainability practices

The CEO of SPARK indicated that the project would adopt integrated sustainability practices, and its master plan has been developed to attract local and international industrial investors.

He added that SPARK was working to create a world-class city with industrial, commercial and residential assets that will enable its community to function and live sustainably.

Moreover, Al-Qahtani revealed that the city has launched a number of initiatives that enhance its international efforts to lead sustainability in the energy sector, including the use of fiber-reinforced polymer rods in bridges, which is the first of its kind in the Middle East, as well as the use of green concrete, which replaces almost 30% of cement in concrete mixes with recycled asphalt residues, achieving the same results in terms of durability while reducing the carbon emissions.



Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
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Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)

Türkiye Petrolleri (TPAO) has signed a partnership agreement with Shell to carry out exploration work in Bulgaria's maritime zone, the Turkish energy ministry and British oil major said on Wednesday.

European Union member Bulgaria, which had been totally dependent on Russian gas until 2022, has been seeking to diversify its gas supplies and find cheaper sources, Reuters reported.

TPAO and Shell will jointly explore the Khan Tervel block, located near Türkiye's Sakarya gas field, and will hold a five-year licence in Bulgaria's exclusive economic zone, Minister Alparslan Bayraktar said.

Shell will continue as operator of the block, while TPAO will take a 33% interest in the licence, a Shell spokesperson said.

Since the start of this year, TPAO has signed energy cooperation agreements with ExxonMobil, Chevron and BP for possible exploration work in the Black Sea and the Mediterranean.

In April, Shell signed a contract with Bulgaria's government to allow the oil major to explore 4,000 square metres in the block.


Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
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Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA

Saudia Airlines has signed a five-year strategic partnership with Six Flags and Aquarabia Qiddiya City, becoming the official premier partner exclusively in the airline category.

As part of the partnership, Saudia will develop special travel packages designed to enable visitors to experience world-class attractions. The collaboration also brings the spirit of Six Flags and Aquarabia Qiddiya City to the skies through special aircraft branding across Saudia’s fleet, SPA reported. 

Chief Marketing Officer of Saudia Group Khaled Tash said in a press release: "Saudia is committed to supporting national development projects as part of its contribution to Vision 2030, aligned with our strategy to bring the world to the Kingdom. Partnerships of this scale with national partners play a key role in positioning Saudi Arabia as a leading global destination for entertainment and tourism."

Park President of Six Flags and Aquarabia Qiddiya City Brian Machamer added: "Our partnership with Saudia not only reflects a shared ambition to connect the Kingdom to the world through world-class entertainment experiences, but strengthens our ability to attract visitors from around the world and realize our vision of setting a new global benchmark for immersive, world-class theme park entertainment and reinforcing Saudi Arabia’s growing presence on the global tourism stage."

Six Flags Qiddiya City sets a new benchmark for exceptional entertainment regionally and globally. Spanning six iconic themed lands, the theme park takes visitors on an immersive journey across 28 rides and attractions designed to world-class standards. Beyond the scale and diversity of its offerings, Six Flags Qiddiya City stands out for pushing the boundaries of engineering and entertainment, featuring five exclusive, record-breaking rides that have redefined global benchmarks. Leading these innovations is Falcons Flight, the roller coaster that has captured global attention as the fastest, tallest, and longest in the world.

Aquarabia Qiddiya City delivers a distinctive aquatic entertainment experience, offering 22 rides and water attractions, along with a man-made river designed for both relaxation and family-friendly water fun. For guests seeking privacy and elevated comfort, Aquarabia features 91 luxury cabanas, positioning the destination as a fully integrated leisure offering that redefines water-based entertainment to the highest international standards.

Located in the Tuwaiq Mountains near Riyadh, Qiddiya City is an emerging destination bringing together entertainment, sports, and culture. Six Flags and Aquarabia Qiddiya City form part of its entertainment offering.


Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
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Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)

Moody’s Corporation announced that it has established its regional headquarters in Riyadh, reflecting ongoing commitment to support the development of the Kingdom’s capital markets and economy.

“This investment aligns to the Kingdom's Vision 2030 initiative and underscores its dynamism and growth,” Moody’s said in a statement this week.

The new regional headquarters marks an expansion of Moody’s presence in Saudi Arabia, where the company first opened an office in 2018, and reflects its longstanding commitment to the Middle East.

“The headquarters will strengthen Moody’s engagement with Saudi institutions and enable broader access to Moody’s decision grade data, analytics and insights,” said the statement.

“Our decision to establish a regional headquarters in Riyadh reflects our confidence in Saudi Arabia’s strong economic momentum, as well as our commitment to helping domestic and international investors unlock opportunities with our expertise and insights,” said President and Chief Executive Officer of Moody’s Rob Fauber.

“We are well positioned to provide the analytical capabilities and market intelligence that investors and institutions need to navigate evolving markets across the Middle East,” the statement quoted him as saying.

Mahmoud Totonji will lead the regional headquarters as General Manager.