Saudi Arabia strategic Projects: news, discussions & updates
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The SC
INT'L MOD
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- #572
#NEOM gets $ 3 billion financing facilities through the Italian Export Credit Agency, and with the support of an alliance that includes 9 global financial institutions, in a move aimed at supporting the progress of its development projects, which include infrastructure, urban development, construction, and transportation.
The SC
INT'L MOD
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- #573
#Aquapower operating in the field of energy transformation expect 5 memoranda of understanding with 4 Italian companies to enhance cooperation in the fields of project financing, insurance, energy generation and water desalination technologies, and a memorandum with Italian "Sanam" signed to explore the opportunities for cooperation and joint investment to create a series of green hydrogen supply from #Saudi Arabia to #Europe . 
The SC
INT'L MOD
- Thread starter
- #576
Prime Minister of Italy "Georgia Miloni":
I was held with Prince #Muhammad Ben_Salman, wide and very important discussions, and there is a common interest in making a qualitative leap in our bilateral relations, which we translated by signing today the establishment of the Strategic Partnership Council
Prince #Muhammad_Ben_Salman and the Italian Prime Minister signs the agreement to establish a strategic partnership council between the Kingdom's government and the Italian government
I was held with Prince #Muhammad Ben_Salman, wide and very important discussions, and there is a common interest in making a qualitative leap in our bilateral relations, which we translated by signing today the establishment of the Strategic Partnership Council
Prince #Muhammad_Ben_Salman and the Italian Prime Minister signs the agreement to establish a strategic partnership council between the Kingdom's government and the Italian government
The SC
INT'L MOD
- Thread starter
- #578
Black Rock founder "Larry Fink":
The source of anxiety is always for us as investors, the issue of not adhering to the principle of the rule of law, and through my presence in Saudi Arabia I have realized in a real way the application of the principle of the rule of law
The source of anxiety is always for us as investors, the issue of not adhering to the principle of the rule of law, and through my presence in Saudi Arabia I have realized in a real way the application of the principle of the rule of law
The SC
INT'L MOD
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- #580
Reuters about two Russian sources: The Trump and Putin Summit may be held in Saudi Arabia or the Arab Emirates
@AlArabiya_Brk
Reuters agency:
#Russia sees that Saudi Arabia #Saudi Arabia is the most appropriate country to host the summit of US President Donald Trump's gathering with Russian President Vladimir Putin
@AlArabiya_Brk
Reuters agency:
#Russia sees that Saudi Arabia #Saudi Arabia is the most appropriate country to host the summit of US President Donald Trump's gathering with Russian President Vladimir Putin
The SC
INT'L MOD
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- #581
The largest global hydrogen production factory
The largest green hydrogen production plant in the world is located in the city of Oxagon in the Saudi NEOM region, with a total area of approximately 300 square kilometers.
- 2020 witnessed the first steps of NEOM to become a major player in the hydrogen market
- The NEOM site qualifies it to produce green hydrogen in large quantities
- Completion of the factory implementation in 2026 and allocating its export production
- It aims to produce 600 metric tons per day of green hydrogen
The implementation of the largest green hydrogen production factory in the world in the Saudi NEOM region - one of the giant projects in the country - comes within the framework of the Kingdom's efforts towards continuing its leadership role in the global energy market, which is witnessing a shift towards low -emissions technologies, in order to achieve the goals of carbon neutrality by 2050, especially as they are It has tremendous potential to play a major role in the low -carbon world.
Saudi Arabia - which is classified as the second largest oil producer and the largest supply of it globally - hopes to assume a leadership location in the green hydrogen market, by taking advantage of the natural capabilities that are characterized by it, and helps it to produce that fuel at a lower cost.
The NEOM of green hydrogen company in Oxagon will take advantage of up to 4 GB of solar energy and wind energy, to produce up to 600 tons per day of carbon -free hydrogen, and with the operational capacity of the factory by 2026, the company will issue 100 % Of the total green hydrogen that is produced to various parts of the world, in the form of green ammonia, and through a long -term exclusive purchase agreement that extends to 30 years with Air Products.
In May 2023, the NEOM of Green hydrogen Corporation reached the financial closure phase of its new project with total investments of $ 8.4 billion, including financing without the right to return at a value of $ 6.1 billion from 23 local, regional and international banks and investment. After the financial closure phase, the company entered into the implementation of engineering, purchases and construction businesses at the beginning of this year with "Air Products" with a value of $ 6.7 billion.
NEOM of green hydrogen company is one of the main parties to contribute to the preparation of the industrial system based on renewable energy, which is being built today in Oxagon. In light of the achievement of more progress in this regard, and the speed of construction work in various parts of "NEOM", "NEOM Port" seeks to enhance its logistical capabilities to meet the increasing demand for imported goods, facilitate the import and export of materials smoothly, and contribute to pushing the economic growth on The level of the region.
The SC
INT'L MOD
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- #582
Advanced negotiations to acquire Avibras by Saudi Arabia
Avibras Indústria Aeroespacial and Black Storm Military Industries hereby announce that they have been engaged in advanced discussions to facilitate a potential investment aimed at the economic and financial recovery of Avibras.
This partnership aims to maintain its manufacturing facilities in Brazil, resuming operations as soon as possible, and ensuring the fulfillment of the company obligations with the Brazilian government and other clients, their creditors, and especially Avibras´ workforce.
Both companies are committed and diligently working to finalize the specific terms and conditions of the investment and will keep the market informed.
https://shorturl.at/2OiRC
The Astros rocket and missile launchers are used in the Saudi ground forces since 40 years ago, and a second order was purchased six years ago ... it is a very excellent and premium rocket launcher..
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