Saudi Arabia Launches First Water, Agriculture, Environment System Portfolio

Officials at the forum for innovation and modern technologies in Riyadh. (Asharq Al-Awsat)
Officials at the forum for innovation and modern technologies in Riyadh. (Asharq Al-Awsat)
TT
20

Saudi Arabia Launches First Water, Agriculture, Environment System Portfolio

Officials at the forum for innovation and modern technologies in Riyadh. (Asharq Al-Awsat)
Officials at the forum for innovation and modern technologies in Riyadh. (Asharq Al-Awsat)

The Saudi Ministry of Environment, Water and Agriculture revealed on Sunday the establishment of a portfolio aimed at achieving water and food security and environmental sustainability, in an initiative that is the first of its kind in the three sectors.

The portfolio was announced at a forum for innovation and modern technologies held at the ministry’s headquarters in Riyadh.

The forum, which is held in tandem with an exhibition, was inaugurated by the Deputy Minister of Environment, Water and Agriculture Mansour bin Hilal Al-Mushaiti.

Al-Mushaiti explained that the forum focuses on the importance of adopting innovations and localizing modern technologies in Saudi Arabia’s environmental system.

He pointed to the launch of a portfolio for innovation and the localization of modern technologies as well.

According to Al-Mushaiti, the forum showcased the most prominent initiatives that enhance the localization of technology in the ministry’s sectors, and their role in achieving national goals.

Moreover, targeted localization of modern technologies in the environment, water, and agriculture sectors will be conducted by monitoring and exploring technologies, testing and evaluating them, and supporting and enabling them.

Later, these technologies will be adopted and localized by the Saudi environment, water and agriculture system. This will contribute to achieving food and water security and environmental sustainability.

It will also help in developing local content and raising its contribution to the local product.

The forum witnessed the signing of several memoranda of understanding between the ministry and participating parties.

One of the MoUs was dedicated to developing frameworks and policies for the applications of the Fourth Industrial Revolution to promote the adoption of modern technologies in the sectors of the ministry.

Another MoU, signed with Oracle Corporation, will work to support technical solutions in the sectors of the ministry.



ACWA Power Signs Agreements with European Companies to Export Renewable Energy

The European companies included France's TotalEnergies, Italy's Edison and Germany's EnBW (file photo)
The European companies included France's TotalEnergies, Italy's Edison and Germany's EnBW (file photo)
TT
20

ACWA Power Signs Agreements with European Companies to Export Renewable Energy

The European companies included France's TotalEnergies, Italy's Edison and Germany's EnBW (file photo)
The European companies included France's TotalEnergies, Italy's Edison and Germany's EnBW (file photo)

Saudi Arabia's ACWA Power company signed several memoranda of understanding with European companies to export renewable energy and green hydrogen from the kingdom to Europe, the Saudi energy ministry said on Sunday, Reuters reported.

The European companies included France's TotalEnergies, Italy's Edison and Germany's EnBW.

The Saudi company also signed separate agreements with other companies including Germany's Siemens Energy to develop energy transmission corridors.