NEOM

Four Seasons to Expand Saudi Arabian Portfolio Alongside Dar Al Omran Company with New Hotel in Madinah

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火曜日, 5月 7, 2024
Steps, Islam, Prophet, HKS, Residence, Corniche, Heart, City, Sobhi, Kingdom Centre, LW, NEOM, Quba Mosque, Museum, Hotel

TORONTO, May 7, 2024 /PRNewswire/ -- Leading luxury hospitality company Four Seasons and Saudi-based development firm Dar Al Omran Company announce plans for continued expansion in the Middle East with Four Seasons Hotel Madinah, anticipated to open in late 2024.

Key Points: 
  • "As we continue to grow our portfolio in the Kingdom, we are thrilled to introduce Four Seasons Hotel Madinah to one of Saudi Arabia's most fascinating markets," says Bart Carnahan , President, Global Business Development, Portfolio Management and Residential, Four Seasons.
  • Four Seasons Hotel Madinah will feature 246 guest rooms and suites, multiple distinct restaurant and lounge concepts, expansive meeting and event space, a fitness centre and a well-appointed spa.
  • The new Hotel will be led by General Manager Waleed Sobhy , whose Four Seasons tenure began 20 years ago as Outlet Manager at Four Seasons Hotel Cairo at Nile Plaza.
  • The Hotel will join the growing portfolio of Four Seasons properties in Saudi Arabia including Four Seasons Hotel Riyadh At Kingdom Centre and the upcoming Four Seasons Hotel Diriyah, Saudi Arabia , Four Seasons Hotel and Private Residences Jeddah at the Corniche , Four Seasons Resort Red Sea at Shura Island , Four Seasons Resort NEOM at Sindalah , and Four Seasons Resort and Residences AMAALA at Triple Bay .

Baker Hughes Awarded Significant Gas Technology Scope for Phase 3 of Saudi Arabia’s Master Gas System

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火曜日, 4月 23, 2024
MGS3, Natural gas, Partnership, Saudi Aramco, Carbon, NEOM, Project management, Workforce, Hughes, Arabian Peninsula, Oil

Award builds on Master Gas System Phase 1 & 2 agreement, which saw Baker Hughes deliver 18 centrifugal compressors driven by aeroderivative gas turbines

Key Points: 
  • Award builds on Master Gas System Phase 1 & 2 agreement, which saw Baker Hughes deliver 18 centrifugal compressors driven by aeroderivative gas turbines
    New pipeline aims to increase gas distribution across Saudi Arabia, supporting the Kingdom’s ambition to reduce carbon emissions
    HOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment for the third phase of Saudi Arabia’s Master Gas System project.
  • Baker Hughes will supply 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbines for Aramco’s project.
  • The order follows the delivery of 18 of Baker Hughes centrifugal compressors driven by aeroderivative gas turbines for Phase 1 and 2 of the Master Gas System projects executed by Baker Hughes.
  • “Baker Hughes solutions are advancing the efficient use of natural gas, and we are proud to be delivering a reliable system to transport and distribute gas across Saudi Arabia.”
    Baker Hughes is also investing in expanding its manufacturing site in Modon, Saudi Arabia.

Saudi Arabia Construction Industry Report 2024: Market to Expand by 4.6% in Real Terms this Year, Supported by Public and Private Investments - Forecasts to 2028 - ResearchAndMarkets.com

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水曜日, 5月 1, 2024
Energy, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Utilities, Construction, Shareek, Saudi Ports Authority, Risk, Housing, Commercial, Climate, Sport, City, Tourism, Yoy, FDI, Sector, Growth, Transport, NEOM, Assessment, SAMA, Central bank, Ministry of Investment, Government, Saudi Vision 2030

The "Saudi Arabia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Saudi Arabia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.
  • Construction industry in Saudi Arabia to expand by 4.6% in real terms in 2024, supported by public and private investment in the development of transportation, energy, tourism and housing projects.
  • As of early March 2024, the Kingdom has SAR121.9 billion (32.5 billion) transport infrastructure projects in the bidding stage.
  • Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Saudi Arabia, featuring details of key growth drivers.

Global Fund Startup Wise Guys Launches Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia

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月曜日, 4月 22, 2024
Invention, Ecosystem, Investment, Safety, SWG, Mentorship, Partnership, Research, Environment, NTDP, MENA, Property technology, NEOM, General partnership, Government, Growth, Saudi Vision 2030, Video game

RIYADH, Saudi Arabia, April 22, 2024 /PRNewswire/ -- In a significant move toward fostering innovation in the construction and real estate sectors, Startup Wise Guys (SWG), in partnership with SEEDRA Ventures and sponsored by the National Technology Development Program (NTDP), is proud to announce the launch of the first Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia.

Key Points: 
  • RIYADH, Saudi Arabia, April 22, 2024 /PRNewswire/ -- In a significant move toward fostering innovation in the construction and real estate sectors, Startup Wise Guys (SWG), in partnership with SEEDRA Ventures and sponsored by the National Technology Development Program (NTDP), is proud to announce the launch of the first Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia.
  • The Construction Tech specialized fund, spearheaded by Startup Wise Guys, boasts two seasoned General Partners, Jourdan Younis and Aya Zaghnin.
  • The collaboration between Startup Wise Guys and SEEDRA Ventures marks a new update in Saudi Arabia's startup ecosystem as well as its impact in the global startup ecosystem.
  • Accompanying the fund, Startup Wise Guys introduces their signature accelerator program in the region, leveraging its expertise in nurturing B2B startups.

Global Fund Startup Wise Guys Launches Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia

Retrieved on: 
月曜日, 4月 22, 2024
Invention, Ecosystem, Investment, Safety, SWG, Mentorship, Partnership, Research, Environment, NTDP, MENA, Property technology, NEOM, General partnership, Government, Growth, Saudi Vision 2030, Video game

RIYADH, Saudi Arabia, April 22, 2024 /PRNewswire/ -- In a significant move toward fostering innovation in the construction and real estate sectors, Startup Wise Guys (SWG), in partnership with SEEDRA Ventures and sponsored by the National Technology Development Program (NTDP), is proud to announce the launch of the first Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia.

Key Points: 
  • RIYADH, Saudi Arabia, April 22, 2024 /PRNewswire/ -- In a significant move toward fostering innovation in the construction and real estate sectors, Startup Wise Guys (SWG), in partnership with SEEDRA Ventures and sponsored by the National Technology Development Program (NTDP), is proud to announce the launch of the first Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia.
  • The Construction Tech specialized fund, spearheaded by Startup Wise Guys, boasts two seasoned General Partners, Jourdan Younis and Aya Zaghnin.
  • The collaboration between Startup Wise Guys and SEEDRA Ventures marks a new update in Saudi Arabia's startup ecosystem as well as its impact in the global startup ecosystem.
  • Accompanying the fund, Startup Wise Guys introduces their signature accelerator program in the region, leveraging its expertise in nurturing B2B startups.

WFES 2024: Sungrow Showcases its Advanced All-Scenario Renewable Energy Solutions in Abu Dhabi

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木曜日, 4月 18, 2024
SBH, PCS, Partnership, Kyōto Station, Plant, EV, LCOE, NEOM, AC, C&I, Renewable energy

ABU DHABI, UAE, April 18, 2024 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system provider, exhibited its cutting-edge and comprehensive renewable energy solutions at the World Future Energy Summit (WFES) 2024.

Key Points: 
  • ABU DHABI, UAE, April 18, 2024 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system provider, exhibited its cutting-edge and comprehensive renewable energy solutions at the World Future Energy Summit (WFES) 2024.
  • The Middle East countries are quickly moving forward with their energy transformation and are actively developing clean energy.
  • This will result in a significant increase in renewable energy power generation, from 7% in 2020 to 21% by 2030.
  • Sungrow's renewable energy solutions aim to address the challenges and seize the opportunities in this region.

thyssenkrupp nucera Selected for $50 Million Grant from the U.S. Department of Energy

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水曜日, 4月 10, 2024
NEOM, Cell, Doe, AWE, DOE, Government, Electrolysis, Renewable energy

thyssenkrupp nucera Selected for $50 Million Grant from the U.S. Department of Energy

Key Points: 
  • thyssenkrupp nucera Selected for $50 Million Grant from the U.S. Department of Energy
    thyssenkrupp nucera has been selected for a $50 million grant by the U.S. Department of Energy (DOE) as part of the Bipartisan Infrastructure Law's funding of clean hydrogen and electrolysis manufacturing.
  • Bringing over 50 years of expertise in high-efficiency electrolysis technology and with the largest global AWE order backlog, thyssenkrupp nucera is dedicated to growing into the U.S. hydrogen market.
  • Houston, March 18, 2024 – The US Department of Energy (DOE) has selected thyssenkrupp nucera USA Inc. for a $50 million grant (pending negotiations) under the Bipartisan Infrastructure Law's investment in clean hydrogen and electrolyzer manufacturing.
  • With this major funding from the U.S. government, thyssenkrupp nucera aims to further expand its footprint in the North Amercian hydrogen market and support the global transition towards a cleaner, more resilient energy infrastructure.

Baker Hughes to Supply Snam with Hydrogen-Ready Technology to Support Decarbonization and Resilience of the Italian Gas Network

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水曜日, 4月 3, 2024
Hydrogen, Natural gas, NEOM, Air Products, Partnership, Baker Hughes, Transport, Carbon, Industrial, Renewable energy

The adoption of Baker Hughes NovaLT™12 turbines, which provide the option to run on 100% natural gas or hydrogen blends up to 10%, represents a significant milestone in decarbonizing the Italian gas network infrastructure and aligns with Snam’s strategy to achieve carbon neutrality on direct emissions by 2040.

Key Points: 
  • The adoption of Baker Hughes NovaLT™12 turbines, which provide the option to run on 100% natural gas or hydrogen blends up to 10%, represents a significant milestone in decarbonizing the Italian gas network infrastructure and aligns with Snam’s strategy to achieve carbon neutrality on direct emissions by 2040.
  • “This milestone in our long-standing collaboration with Snam demonstrates that the energy transition requires continuous partnership.
  • Together, we are innovating and delivering critical world-firsts for the decarbonization of gas networks,” said Ganesh Ramaswamy, executive vice president, Industrial & Energy Technology at Baker Hughes.
  • Baker Hughes’ advanced technologies and solutions serve the entire hydrogen value chain, from production to transportation and utilization.

GACA: GLOBAL AVIATION LEADERS TO ADDRESS AVIATION CHALLENGES AND OPPORTUNITIES AT 2024 FUTURE AVIATION FORUM IN RIYADH, MAY 20-22

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火曜日, 4月 9, 2024
SAS, NEOM, Growth, ACI, General authority, Forum, Aviation, Airports Council International, GACA, Vision 2030, IATA, ICAO, King Salman International Airport, FAF, International Civil Aviation Organization, Airport, Airline

FAF24 will propose a plan to solve aviation's biggest challenge, and feature awards recognizing achievements and innovations in global aviation.

Key Points: 
  • FAF24 will propose a plan to solve aviation's biggest challenge, and feature awards recognizing achievements and innovations in global aviation.
  • RIYADH, Kingdom of Saudi Arabia, April 9, 2024 /PRNewswire/ -- The Future Aviation Forum (FAF) returns to Riyadh from 20-22 May 2024, bringing together 5,000 experts and aviation leaders from over 100 countries, including ministers, regulators, manufacturers, airlines, and airports.
  • His Excellency the President of GACA, Abdulaziz-Al Duailej, said:
    "The 2024 Future Aviation Forum will once again unite global aviation leaders to solve aviation's biggest challenges, including manufacturing supply chain issues, capacity constraints and the development of human capital across the world.
  • The Forum will also progress the Saudi Aviation Strategy's (SAS) transformation of the Kingdom into the Middle East's leading aviation hub.

GACA: GLOBAL AVIATION LEADERS TO ADDRESS AVIATION CHALLENGES AND OPPORTUNITIES AT 2024 FUTURE AVIATION FORUM IN RIYADH, MAY 20-22

Retrieved on: 
火曜日, 4月 9, 2024
SAS, NEOM, Growth, ACI, General authority, Forum, Aviation, Airports Council International, GACA, Vision 2030, IATA, ICAO, King Salman International Airport, FAF, International Civil Aviation Organization, Airport, Airline

FAF24 will propose a plan to solve aviation's biggest challenge, and feature awards recognizing achievements and innovations in global aviation.

Key Points: 
  • FAF24 will propose a plan to solve aviation's biggest challenge, and feature awards recognizing achievements and innovations in global aviation.
  • RIYADH, Kingdom of Saudi Arabia, April 9, 2024 /PRNewswire/ -- The Future Aviation Forum (FAF) returns to Riyadh from 20-22 May 2024, bringing together 5,000 experts and aviation leaders from over 100 countries, including ministers, regulators, manufacturers, airlines, and airports.
  • His Excellency the President of GACA, Abdulaziz-Al Duailej, said:
    "The 2024 Future Aviation Forum will once again unite global aviation leaders to solve aviation's biggest challenges, including manufacturing supply chain issues, capacity constraints and the development of human capital across the world.
  • The Forum will also progress the Saudi Aviation Strategy's (SAS) transformation of the Kingdom into the Middle East's leading aviation hub.