Saudi Arabia strategic Projects: news, discussions & updates

[The SC]

In progress for the Saudi nuclear programme, the Kingdom completed basic administrative arrangements for the nuclear regulatory framework, including requirements for implementing the Comprehensive Safeguards Agreement, and submitted a request to cancel the Small Quantities Protocol (SQP) in July 2024, to begin construction of the first nuclear power plant.

the details?

⁃Work is currently underway with the International Atomic Energy Agency to finalize the subsidiary agreements necessary to abolish the Protocol by December 2024.

⁃Within the framework of strengthening cooperation with the International Atomic Energy Agency, on August 7, 2024, Saudi Arabia submitted a document of its acceptance of the agency’s agreement on privileges and immunities, which strengthens its cooperation with the international community in the nuclear field.

⁃ The Kingdom benefited from the integrated regulatory review mission presented by the International Atomic Energy Agency in October 2023, which contributed to evaluating the Kingdom’s efforts in developing the nuclear regulatory framework.

 

[The SC]

The largest Saudi factory for producing green hydrogen in the world is close to starting its operations, which will feed the Hydrogen City with a production exceeding 600 tons of green hydrogen

Details and updates:

⁃The project will include the construction of a future octagon factory

⁃The project in NEOM will include the construction of one of the largest renewable energy plants in the world, at a cost of up to $8.4 billion.

⁃The goal of the project is to produce 4 gigawatts of renewable energy that will be used to produce 600 tons per day of green hydrogen, and it will be exploited to generate 1.2 million tons per year of liquid ammonia.

⁃NEOM Green Hydrogen Company (NGHC) is responsible for the project in partnership between Saudi ACWA Power and the American company Air Products, in addition to the main developers of the NEOM project.

⁃Construction work began in March 2023, the assembly hall is almost completed, and two ammonia tanks with a capacity of 70,000 tons are currently being built.

⁃The electrolyzers, which will be produced by the German company Thyssenkrupp Nucera, will be installed and ready to start production in 2026.









@inSaudi

 

[The SC]

Saudi Arabia's investments in blue ammonia made it one of the world's leading producers of this clean fuel, which is classified as a gateway to clean energy, and thus began a circular economy that grows and integrates rapidly.

Let us mention the most important details of the report regarding the points and importance of blue ammonia:

⁃Blue ammonia (NH3) is a versatile chemical compound, traditionally used in agriculture as a fertilizer and in various industrial processes

⁃The blue ammonia production process relies on capturing up to 90% of the carbon dioxide produced by manufacturing, making it an attractive option for difficult to decarbonize sectors such as shipping, aviation and heavy industry.

⁃The shift towards blue ammonia production is part of Saudi Arabia’s plan to achieve Vision 2030

⁃Aramco is playing a leadership role in promoting the hydrogen economy by shipping the first carbon-neutral ammonia to Japan in 2020, a global achievement that strengthens the Kingdom’s position as a leader in blue ammonia production and export.

⁃The Saudi mining company “Ma’aden” @ManaraMinerals also plays
Significantly in the export of blue ammonia, as it exported 138,000 tons of blue ammonia to South Korea, which is one of the largest exports approved globally.

 

[The SC]

Chinese-Saudi cooperation New maps based on artificial intelligence for efficiency and accuracy in a partnership that brings together the General Authority for Survey and Geospatial Information (GEOSA) with Huawei to enhance cooperation in developing the “KSA MapGPT” project

Details and importance of the project?

⁃The project aims to use artificial intelligence technologies to improve the maps and geospatial infrastructure of the Kingdom, which helps raise the level of data accuracy and analysis and provide better location-based services.

⁃It will contribute to supporting the development of various sectors such as urban planning, agriculture, transportation, and natural resource management.

⁃ “KSA MapGPT” will be a major tool for enhancing geospatial capabilities in the Kingdom, as Huawei’s expertise in information and communications technology (ICT) and artificial intelligence will be utilized to develop advanced solutions in this field.

⁃Cooperation places the Kingdom at the forefront of countries that benefit from advanced technologies in managing and analyzing geospatial data

 

[The SC]

Chinese-Saudi cooperation New maps based on artificial intelligence for efficiency and accuracy in a partnership that brings together the General Authority for Survey and Geospatial Information (GEOSA) with Huawei to enhance cooperation in developing the “KSA MapGPT” project

Details and importance of the project?

⁃The project aims to use artificial intelligence technologies to improve the maps and geospatial infrastructure of the Kingdom, which helps raise the level of data accuracy and analysis and provide better location-based services.

⁃It will contribute to supporting the development of various sectors such as urban planning, agriculture, transportation, and natural resource management.

⁃ “KSA MapGPT” will be a major tool for enhancing geospatial capabilities in the Kingdom, as Huawei’s expertise in information and communications technology (ICT) and artificial intelligence will be utilized to develop advanced solutions in this field.

⁃Cooperation places the Kingdom at the forefront of countries that benefit from advanced technologies in managing and analyzing geospatial data

View attachment 65962

View attachment 65963

View attachment 65964

View attachment 65965

 

[The SC]

Renewable energy giant, ACWA Power, in expanding its footprint for international projects, stated that it will complete the first phase of its ambitious green hydrogen project in the Suez Canal Economic Zone in Egypt by the end of 2028.

the details?

⁃The project is worth $4 billion
⁃It aims to produce 600,000 tons of green ammonia annually in its first phase.

⁃The second phase of the project will see the production capacity expanded to 2 million tons of green ammonia annually

⁃ Which will make it one of the largest green hydrogen plants in the region.

⁃ACWA Power is also working on several renewable energy projects in Egypt worth more than $10 billion, including a 1.1 gigawatt wind station in the Gulf of Suez and Gabal El-Zeit.

 

[The SC]

One of Saudi Arabia's ambitions and main goals regarding high technology and artificial intelligence is for its income in the Saudi economy to constitute 12% of the gross domestic product by the end of 2030.

Let us mention in detail the objectives:

⁃Who is leading this technical revolution is the Public Investment Fund (PIF), according to a report by the Saudi Data and Artificial Intelligence Authority.

⁃There are plans to create a $40 billion artificial intelligence fund in partnership with Andreessen Horowitz and other partners.

⁃Saudi Arabia’s enormous natural wealth is being exploited in the right ways to finance projects to create a regional “Silicon Valley” and investments in electric vehicles and green hydrogen for an economy that does not depend on oil.

⁃The Public Investment Fund plays a pivotal role in the artificial intelligence strategy through its investments in Riyad Bank, ACWA Power, the Saudi Artificial Intelligence Company, and the Alat factory.

⁃This advanced Saudi environment has also become a global attraction for leading technology companies, and the latest development in this is Accenture, which will open an office in Riyadh next year to provide training on artificial intelligence in sectors such as tourism and energy, and train more than 4,000 people on data and artificial intelligence.

 

[The SC]

South Koreans are strategic partners of the Saudi Vision 2030, and in this context the agreements continue with new cooperations, the most recent of which is with Naver, the operator of the largest internet platform in Korea, with the Saudi Data and Artificial Intelligence Authority.

Details of the agreement?

⁃Developing a large linguistic model (LLM) based on the Arabic language.
The memorandum includes cooperation in multiple fields such as:
⁃ artificial intelligence
⁃ Cloud computing
⁃Data centers
⁃ Robots.

Last year, Naver had signed an agreement with the Saudi government to create a “digital twin” platform for the city of Riyadh and four other cities, a technology that aims to improve urban planning and infrastructure management by digitally simulating cities.

 

[The SC]

Saudi-Chinese integration continues with new agreements announced by the global energy giant, #Aramco with key partners from China during the visit of a high-level Chinese delegation led by Chinese Prime Minister Li Changkang to the Kingdom .

Details and goals?

⁃The agreements aim to enhance Aramco’s contributions to China’s long-term energy security and development.

⁃The agreements include preliminary documents on a development framework agreement with Rongsheng Petrochemical Company and a strategic cooperation agreement with Hengli Group.

⁃The agreement with Rongsheng includes the possibility of developing and expanding the facilities of Aramco’s Jubail Refinery Company (@SASREF_Jubail)
SASREF).

⁃The deal includes the possibility of Rongsheng acquiring 50% of SASREF, and expanding the liquids-to-chemicals project.
⁃Aramco may acquire 50% of Rongsheng’s Zhongjin complex and develop its expansion project.
⁃The agreement with Hengli Group includes discussions about the possibility of Aramco acquiring 10% of Hengli Petrochemical.

 

[The SC]

A strategic partnership between AramcoDigital and America Groq, the second largest artificial intelligence semiconductor company in the world, to establish the largest data center for artificial intelligence extrapolation in the world in the eastern region to serve 4 billion people across the three continents .

Details and superior capabilities of the project:

⁃The new artificial intelligence model “Nawras” was unveiled at the Global Artificial Intelligence Summit in Riyadh.

⁃The project aims to transform the Kingdom into a computing center serving 4 billion people in Europe, Africa, and Asia.

⁃The partnership will leverage Groq's advanced chips to reach 25 million tokens per second by 2025, scaling to 1 billion tokens!

⁃Fast chips from Groq @GroqInc
It can process 544 codes per second, making it one of the fastest in the world.

⁃Saudi Arabia seeks to export artificial intelligence technologies to serve Europe, Africa, and parts of India, according to Groq’s vision.

 

[The SC]

Saudi digital development has no limits to its ambition, with the energy giant, #Aramco, signing a new partnership to develop advanced artificial intelligence infrastructure using Cerebras CS-3 global supercomputing systems, the most advanced in this field.

Details and goals?

⁃Cerebras Systems is a leading company in designing supercomputers specialized in artificial intelligence, as it is based on the Wafer-Scale Engine-3 processor, which is the largest and fastest artificial intelligence processor in the world!

⁃The goal of this partnership is to accelerate innovation in artificial intelligence by developing and training large language models (LLMs) that suit the requirements of the local market.

⁃The CS-3 system can be easily assembled to form the world's largest artificial intelligence supercomputers, allowing companies and research institutions to easily work on artificial intelligence models without complexity.

⁃Organizations in Saudi Arabia will have the opportunity to develop large, optimized language models, with performance tuning to improve productivity and support local businesses.

 

[The SC]

Huawei

announced the completion and operation of the world’s largest microgrid power plant with a production capacity of up to 1 billion kilowatt hours per year for the Saudi Red Sea destination

.the details?⁃ The station will provide 400 MW of solar power and 1.3 GWh of energy storage.⁃ Huawei has been pioneering this technology for 10 years and started providing green energy to the project since September 2023.⁃ The Red Sea mega tourism project is part of Saudi Vision 2030 and aims to be the first city of 50 islands to run entirely on renewable energy.⁃ covers an area of 28,000 km² and includes the transformation of 50 islands into luxury tourist destinations with an airport and hotels.