SEC, GE Power partner to promote research in power sector

The two agreements are part of SEC’s ongoing collaboration with GE to promote R&D in the power generation sector.
Updated 09 November 2017
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SEC, GE Power partner to promote research in power sector

The Saudi Electricity Company (SEC) and GE Power have signed two technical agreements to promote scientific research and development (R&D) for the power sector in the Kingdom. The collaborations will identify innovative solutions to develop and install new systems that will boost gas turbine efficiency and productivity. The research will also focus on reducing the amount of ash that results from fuel combustion.
Khalid Al-Rashed, executive vice president of engineering and projects, SEC, said: “The first agreement aims to promote research that will help reduce the cost of power generation and power plant maintenance. The second will focus on installing a new system of fuel additives in gas turbines to reduce the water-washing cycle and increase capacity by reducing the amount of ash that results from fuel consumption during the power generation process. The agreements highlight our commitment to leverage advanced technologies to reduce costs and dependence on oil resources, and to meet environmental standards.”
The two agreements are part of SEC’s ongoing collaboration with GE to promote R&D in the power generation sector. “It underlines the commitment of both companies to drive a culture of localized innovation and to identify cutting-edge solutions that will help boost the efficiency of the Kingdom’s power infrastructure,” a press statement said.
“We have a long-term relationship with SEC, and we are committed to further strengthening it through these technical collaboration agreements,” said Hisham Al-Bahkali, president and CEO, GE Saudi Arabia & Bahrain. “The focus on localized R&D to enhance the efficiency and productivity of the power sector supports the goals of Saudi Vision 2030.”
“The new agreements underline our commitment to co-create localized solutions that will support the Kingdom’s power infrastructure,” added Eissa Aqeeli, president & CEO of GE’s Power Services business in Saudi Arabia. “We are confident the collaborations will lead to innovative solutions that will benefit SEC and the Kingdom — not only through greater optimization in resource use but also by nurturing the skills of Saudi professionals in energy-sector research.”
GE and SEC have long supported the development of Saudi Arabia’s power generation sector by bringing industry-leading innovations to the country. In 2016, GE and SEC inaugurated the Saudi PowerGen Efficiency Center (SPEC) for gas and steam turbines, which is operated by SEC across its power plants.


Ascott launches Festive50 offer in Jeddah, Turkey

Updated 21 October 2018
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Ascott launches Festive50 offer in Jeddah, Turkey

The Ascott Limited (Ascott) has announced a special offer across selected properties, in celebration of the festive season.

The Festive50 offer is available across Ascott’s Jeddah properties — including Ascott Sari Jeddah, Ascott Tahlia Jeddah, Citadines Al-Salamah Jeddah and Spectrums Residence Jeddah — as well as Somerset Maslak Istanbul in Turkey. Guests can enjoy 50 percent off their stay until the end of 2018. 

Properties are located close to various restaurants and attractions for travelers to enjoy. The serviced residences also provide guests with a range of facilities and amenities to further aid in their convenience, including fully equipped gymnasiums, swimming pools, lounges, restaurants, parking and meeting facilities.

Ascott Sari Jeddah is located among prominent shopping malls and the Jeddah corniche, a key attraction for visitors to the city. Various entertainment and lifestyle offerings are available in the vicinity, including the tallest fountain in the world, King Fahd’s Fountain.

Ascott Tahlia Jeddah is situated in the heart of the city, providing guests with easy access to many multinational companies, fashion boutiques, restaurants and cafés. 

Citadines Al-Salamah Jeddah, in the north of the city, is surrounded by a variety of culinary hotspots. Given the city’s close proximity to the Red Sea, guests are often spoilt for choice due to the number of top seafood restaurants in the area.

Spectrums Residence Jeddah, on Prince Sultan Road in the Al-Salamah district, is in the vicinity of shopping malls, international schools and hospitals. Its prime location allows travelers to enjoy balanced living in the bustling city. 

Those looking to venture out of the Middle East for a quick escape, can head to Turkey to avail the Festive50 offer at Somerset Maslak Istanbul. The property lies within Europe’s largest lifestyle development, the new Maslak 1453. Providing an oasis of calm in the bustling city, the property is the perfect balance between work and play.

The Ascott Limited is an international serviced residence owner-operator. The Singapore company has more than 55,000 operating serviced residence units in key cities of the Americas, Asia Pacific, Europe, the Middle East and Africa, as well as over 39,000 units which are under development, making a total of more than 94,000 units in over 630 properties. The company’s brands include Ascott, Citadines, Somerset, Quest, The Crest Collection and lyf. Its portfolio spans more than 160 cities across over 30 countries.

Ascott, a wholly owned subsidiary of CapitaLand Limited, pioneered Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984. In 2006, it established the world’s first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust.