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    Saudi Arabia’s agricultural GDP grew 38% to $26.6bn in 2022

    Saudi Arabia’s agricultural GDP grew 38% to $26.6bn in 2022

    Arab states imported 1.73 million agricultural commodities from Egypt

    Arab states imported 1.73 million agricultural commodities from Egypt

    Wheat yield boom boosts Oman’s food security

    Wheat yield boom boosts Oman’s food security

    Saudi Arabia seeks $20 bln investment in food industry, aims to double exports

    Saudi Arabia seeks $20 bln investment in food industry, aims to double exports

    Saudi Arabia’s ambitions for food production advancement supported by ICRISAT-FAO partnership

    Saudi Arabia’s ambitions for food production advancement supported by ICRISAT-FAO partnership

    Egypt’s agriculture exports rise 17.2 percent in 5 months

    Egypt’s agriculture exports rise 17.2 percent in 5 months

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    • Business & Economy
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      Saudi: 53 new industrial licenses issued in April 2023

      Saudi: 53 new industrial licenses issued in April 2023

      Qatar’s non-oil sector maintains growth as PMI hits 53.8 in June

      Qatar’s non-oil sector maintains growth as PMI hits 53.8 in June

      Saudi transport authority approves 15 licensing, technical guides for railways

      Saudi transport authority approves 15 licensing, technical guides for railways

      Number of industrial decisions up by 10.56% to 356 in 2021

      Number of industrial decisions up by 10.56% to 356 in 2021

      Egypt’s macroeconomic conditions improving, says minister

      Egypt’s macroeconomic conditions improving, says minister

      Number of BIA passengers up by 26.90% annually YTD APRIL 2023

      Number of BIA passengers up by 26.90% annually YTD APRIL 2023

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      • CES 2017
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      Oman’s health ministry expected to award construction contract for two health centres in Q3

      Oman’s health ministry expected to award construction contract for two health centres in Q3

      Properties sold in May 2023 jump 114.6%, says Qatar’s PSA

      Properties sold in May 2023 jump 114.6%, says Qatar’s PSA

      Oman releases more Sultan Haitham City details

      Oman releases more Sultan Haitham City details

      Construction activity in Saudi Arabia reaches highest level in years: Survey

      Construction activity in Saudi Arabia reaches highest level in years: Survey

      Oman gears up for its first smart city

      Oman gears up for its first smart city

      Saudi real estate ‘booming’ on big office space demand

      Saudi real estate ‘booming’ on big office space demand

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        NEOM’s green hydrogen project is formally under execution: ACWA Power

        NEOM’s green hydrogen project is formally under execution: ACWA Power

        Ministry of Petroleum announces $9B investment towards oil refining and petrochemical projects

        Ministry of Petroleum announces $9B investment towards oil refining and petrochemical projects

        Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions

        Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions

        UN-HABITAT partners with LCEC, expanding efforts to provide responsible renewable energy solutions in Lebanon

        UN-HABITAT partners with LCEC, expanding efforts to provide responsible renewable energy solutions in Lebanon

        Clean energy technology manufacturing market to reach $790bln by 2030: IEA

        Clean energy technology manufacturing market to reach $790bln by 2030: IEA

        Total-led consortium to start drilling offshore Lebanon in September

        Total-led consortium to start drilling offshore Lebanon in September

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        • Hospitality
          Qatar: Over 700 hotel keys added in Q1

          Qatar: Over 700 hotel keys added in Q1

          Jordan’s tourism income surges 88% as visitors flock to the country

          Jordan’s tourism income surges 88% as visitors flock to the country

          Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

          Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

          Leisure sector in Qatar stronger after World Cup 2022

          Leisure sector in Qatar stronger after World Cup 2022

          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

          Saudi to be among world’s big leisure tourism hubs by 2030

          Saudi to be among world’s big leisure tourism hubs by 2030

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        • Agrofood
          • All
          • Agriculture
          • Environment
          • Food
          Saudi Arabia’s agricultural GDP grew 38% to $26.6bn in 2022

          Saudi Arabia’s agricultural GDP grew 38% to $26.6bn in 2022

          Arab states imported 1.73 million agricultural commodities from Egypt

          Arab states imported 1.73 million agricultural commodities from Egypt

          Wheat yield boom boosts Oman’s food security

          Wheat yield boom boosts Oman’s food security

          Saudi Arabia seeks $20 bln investment in food industry, aims to double exports

          Saudi Arabia seeks $20 bln investment in food industry, aims to double exports

          Saudi Arabia’s ambitions for food production advancement supported by ICRISAT-FAO partnership

          Saudi Arabia’s ambitions for food production advancement supported by ICRISAT-FAO partnership

          Egypt’s agriculture exports rise 17.2 percent in 5 months

          Egypt’s agriculture exports rise 17.2 percent in 5 months

          Trending Tags

          • Business & Economy
            • All
            • Business
            • Economy
            • Finance
            • Industry
            • Technology
            • Trade
            • Transport & Logistics
            Saudi: 53 new industrial licenses issued in April 2023

            Saudi: 53 new industrial licenses issued in April 2023

            Qatar’s non-oil sector maintains growth as PMI hits 53.8 in June

            Qatar’s non-oil sector maintains growth as PMI hits 53.8 in June

            Saudi transport authority approves 15 licensing, technical guides for railways

            Saudi transport authority approves 15 licensing, technical guides for railways

            Number of industrial decisions up by 10.56% to 356 in 2021

            Number of industrial decisions up by 10.56% to 356 in 2021

            Egypt’s macroeconomic conditions improving, says minister

            Egypt’s macroeconomic conditions improving, says minister

            Number of BIA passengers up by 26.90% annually YTD APRIL 2023

            Number of BIA passengers up by 26.90% annually YTD APRIL 2023

            Trending Tags

            • CES 2017
            • Election Results
            • eSports
          • Construction
            • All
            • Infrastructure
            • Real Estate
            Oman’s health ministry expected to award construction contract for two health centres in Q3

            Oman’s health ministry expected to award construction contract for two health centres in Q3

            Properties sold in May 2023 jump 114.6%, says Qatar’s PSA

            Properties sold in May 2023 jump 114.6%, says Qatar’s PSA

            Oman releases more Sultan Haitham City details

            Oman releases more Sultan Haitham City details

            Construction activity in Saudi Arabia reaches highest level in years: Survey

            Construction activity in Saudi Arabia reaches highest level in years: Survey

            Oman gears up for its first smart city

            Oman gears up for its first smart city

            Saudi real estate ‘booming’ on big office space demand

            Saudi real estate ‘booming’ on big office space demand

            Trending Tags

            • Energy
              • All
              • Oil & Gas
              • Power & Electricity
              • Renewable Energy
              NEOM’s green hydrogen project is formally under execution: ACWA Power

              NEOM’s green hydrogen project is formally under execution: ACWA Power

              Ministry of Petroleum announces $9B investment towards oil refining and petrochemical projects

              Ministry of Petroleum announces $9B investment towards oil refining and petrochemical projects

              Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions

              Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions

              UN-HABITAT partners with LCEC, expanding efforts to provide responsible renewable energy solutions in Lebanon

              UN-HABITAT partners with LCEC, expanding efforts to provide responsible renewable energy solutions in Lebanon

              Clean energy technology manufacturing market to reach $790bln by 2030: IEA

              Clean energy technology manufacturing market to reach $790bln by 2030: IEA

              Total-led consortium to start drilling offshore Lebanon in September

              Total-led consortium to start drilling offshore Lebanon in September

              Trending Tags

              • Hospitality
                Qatar: Over 700 hotel keys added in Q1

                Qatar: Over 700 hotel keys added in Q1

                Jordan’s tourism income surges 88% as visitors flock to the country

                Jordan’s tourism income surges 88% as visitors flock to the country

                Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

                Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

                Leisure sector in Qatar stronger after World Cup 2022

                Leisure sector in Qatar stronger after World Cup 2022

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

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              Jordan looks ahead to renewable options

              Oxford Business Group

              October 1, 2015
              in Power & Electricity, Renewable Energy
              0
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              Plans are under way to significantly boost Jordan’s energy independence over the coming years with a range of renewable power projects, including the largest solar power plant in the region.

              A heavy reliance on energy imports has long represented a significant economic burden for the kingdom, with energy supplies becoming increasingly unreliable. Prior to 2011, four-fifths of Jordan's electricity was produced from natural gas channeled through a pipeline with neighboring Egypt, but a series of attacks on the pipeline over the last four years forced Jordan to turn to expensive oil imports, which now account for more than half the country's energy supply.

              Under Jordan’s Vision 2025 strategy, launched in May this year, the authorities aim to raise the proportion of energy consumption met by local supplies from around 2% last year to 39% over the course of the next decade.

              Following a number of delays, the country has made important progress this year towards improving its energy independence. This is particularly true in the case of renewable energy, the contribution of which the government intends to raise from 1.5% of the total energy mix to 11% by 2025, while aiming to reach a 15% contribution from nuclear power over the same timeframe.

              Inking deals
              The kingdom took a major step towards developing its nuclear power generation capacity in March when it signed a $10bn agreement with nuclear energy firm Rosatom to build Jordan’s first nuclear power plant. The state-owned Russian firm will conduct a feasibility study, site evaluation and environmental impact assessment for the construction of the plant at Amra in northern Jordan. The plant, which will have two reactors with a combined electricity generation capacity of 2000 MW, is due to be completed by 2022, according to the state-run Petra News Agency.

              Jordan has also been making significant strides in developing capacity from other renewable energy sources. In April the government announced that it had pre-qualified 15 companies for the construction of a $150m solar power plant in Quweira in southern Jordan, with a capacity of 65-75 MW.

              The country is also looking to expand the electricity grid to absorb more power generated by renewable energy projects. In May the authorities announced Chinese renewable energy firm Hanergy would provide the kingdom with a $310m grant to expand the grid.

              Shortly after the announcement of the new grant, the government signed a memorandum of understanding with Hanergy subsidiary, Hanergy Thin Film Power Group, for the construction of 1 GW of wind and solar energy projects, worth an estimated $1.5bn, and an associated 20-year power purchase agreement.

              Harnessing solar energy
              Jordan has made considerable inroads in other solar energy projects this year. In May the kingdom selected four companies in a second-round tender to develop 50 MW of solar capacity each, taking advantage of irradiance levels in southern Jordan that are amongst the highest in the world, at around 6.4 KWh/sq meter/day. Even in the relatively shady parts of the north and the Rift Valley, irradiation averages 4.4-4.8 KWh/sq meter/day, giving the country overall an average of 5.6 KWh/sq meter/day, according to Ministry of Energy and Mineral Resources (MEMR) figures.

              The government had already awarded licenses for 14 projects (12 solar and two wind) with a combined capacity of 200 MW earlier this year.

              The biggest development to be approved under the first tender round was the 52.5-MW Shams Maan Solar Photovoltaic Project – also the largest solar energy project in the Middle East according to Jordan’s Prime Minister Abdullah Ensour. Construction on the $170m development began in June with the project due to be completed next year.

              Household capacity
              More major renewables projects are also being considered. In June local media reported that the government was conducting studies for the construction of a JD80m ($112m) solar power plant to provide energy to the Disi water project, which will pump water from the Disi aquifer in the south of the kingdom to other parts of Jordan.

              Smaller-scale solar electricity generation is also expanding at a rapid pace. Since the passage of the Renewable Energy and Energy Efficiency Law in 2012, households and businesses have been permitted to generate 100% of their electricity consumption through their own solar panels and to sell excess output back to the grid. This has led to the installation of around 25 MW of capacity over the last year or so.

              In order to further boost uptake, MEMR’s Jordan Renewable Energy and Energy Efficiency Fund recently signed agreements to fit 600 houses in northern Jordan with photovoltaic panels. The fund is also set to disburse JD25m ($35.26m) of funding for sustainable energy projects over the next three years with the aim of supporting households, including small and medium-sized enterprises, the tourism and health industries − both of which complain of high electricity costs − and government institutions.
              Oxford Business Group
              1 October

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