Royal Commission for Jubail and Yanbu

Saudi Industrial City Giga-Project Adds New Direct Investments and Contracts to its Total Investments of 26,7 billion USD

Retrieved on: 
Thursday, November 24, 2022

JAZAN, Saudi Arabia, Nov. 24, 2022 /PRNewswire/ -- The Kingdom of Saudi Arabia implements the ambitious strategies of Vision 2030 to diversify the economy and unlock the potential of non-oil sectors. One of the giga-projects launched in alignment with Vision 2030 is Jazan City for Primary and Downstream Industries (JCPDI), an industrial city and strategic logistics hub in the southwestern region of the country, on the Red Sea. Today JCPDI announced several investment agreements and projects worth over 267 million USD. New investments in JCPDI aim to promote the economic diversification of the Kingdom, increase the private sector contribution in the economy and attract new foreign direct investments. Overall investments in JCPDI now exceed 26,7 billion USD.

Key Points: 
  • Today JCPDI announced several investment agreements and projects worth over 267 million USD.
  • New investments in JCPDI aim to promote the economic diversification of the Kingdom, increase the private sector contribution in the economy and attract new foreign direct investments.
  • Overall investments in JCPDI now exceed 26,7 billion USD.
  • The newly signed agreements will generate around 300 new direct and indirect high-quality jobs and contribute to the local GDP".

Calysta and Adisseo Developing Plan to Bring Major Alternative Protein Facility to Kingdom of Saudi Arabia

Retrieved on: 
Monday, November 7, 2022

Calysseo, a joint venture between world-leading alternative protein company Calysta and worldwide animal nutrition leader Adisseo, has announced it intends to build an alternative protein facility in Al Jubail in the Kingdom of Saudi Arabia in partnership with Food Caravan.

Key Points: 
  • Calysseo, a joint venture between world-leading alternative protein company Calysta and worldwide animal nutrition leader Adisseo, has announced it intends to build an alternative protein facility in Al Jubail in the Kingdom of Saudi Arabia in partnership with Food Caravan.
  • The partnership is aiming to build a 100,000 tonne-capacity fermenter in the Kingdom of Saudi Arabia to produce Calystas novel protein ingredients, which require no animal or plant ingredients to produce.
  • To do that, we need more sustainable protein, and to produce protein in places we are not currently able to.
  • This would be our second industrial-scale plant and an important step on delivering enough sustainable protein to meet growing and pressing global demand.

FII Institute Partners with Global Leaders at Visionary Riyadh Conference

Retrieved on: 
Thursday, October 20, 2022

The list of partners includes major global and regional players, such as HSBC, BNY Mellon, Soft Bank, Reliance and Standard Chartered, which will join and contribute to the discussions at this year's conference.

Key Points: 
  • The list of partners includes major global and regional players, such as HSBC, BNY Mellon, Soft Bank, Reliance and Standard Chartered, which will join and contribute to the discussions at this year's conference.
  • FII Institute convenes leaders from business, investment, government, NGOs and beyond, to explore the vital economic, political and social trends and challenges of our age.
  • The FII 6th Edition will be taking place from the 25-27 October in Riyadh under the theme of 'Investing in Humanity: Enabling a New Global Order'.
  • The Future Investment Initiative (FII) Institute is a new global nonprofit foundation with an investment arm and one agenda: Impact on Humanity.

FII Institute Partners with Global Leaders at Visionary Riyadh Conference

Retrieved on: 
Thursday, October 20, 2022

The list of partners includes major global and regional players, such as HSBC, BNY Mellon, Soft Bank, Reliance and Standard Chartered, which will join and contribute to the discussions at this year's conference.

Key Points: 
  • The list of partners includes major global and regional players, such as HSBC, BNY Mellon, Soft Bank, Reliance and Standard Chartered, which will join and contribute to the discussions at this year's conference.
  • FII Institute convenes leaders from business, investment, government, NGOs and beyond, to explore the vital economic, political and social trends and challenges of our age.
  • The FII 6th Edition will be taking place from the 25-27 October in Riyadh under the theme of 'Investing in Humanity: Enabling a New Global Order'.
  • The Future Investment Initiative (FII) Institute is a new global nonprofit foundation with an investment arm and one agenda: Impact on Humanity.

YASREF Awards Jacobs General Engineering Services Contract for Saudi Arabia Refinery

Retrieved on: 
Thursday, June 14, 2018

DALLAS, June 14, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC), through its local subsidiary in Saudi Arabia, Jacobs ZATE , has been awarded a three-year, general engineering services (GES) contract from Yanbu Aramco Sinopec Refining Company Ltd. (YASREF) to help optimize the production at Yasref's Yanbu Industrial City facilities in Saudi Arabia.

Key Points: 
  • DALLAS, June 14, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC), through its local subsidiary in Saudi Arabia, Jacobs ZATE , has been awarded a three-year, general engineering services (GES) contract from Yanbu Aramco Sinopec Refining Company Ltd. (YASREF) to help optimize the production at Yasref's Yanbu Industrial City facilities in Saudi Arabia.
  • "This new contract reaffirms our world-class engineering services that will be delivered through our local expert teams, with reach-back to our global subject matter expertise", said Jacobs Energy, Chemicals and Resources Vice President and General Manager EMEA David Zelinski.
  • The YASREF full conversion refinery is the key facility in Yanbu Industrial City, covering about 5.2 million square meters.
  • Jacobs has been operating in Saudi Arabia for more than 40 years, developing strong partnerships with the Kingdom's industrial leaders including, Saudi Aramco, Saudi Basic Industries Corporation (SABIC) and Saudi Arabian Mining Company (Ma'aden).