Saline Water Conversion Corporation receives its Guinness Book of Records certificate

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A confirmation certificate is presented to Abdul Rahman Bin Abdul Mohsen Al-Fadhli, Minister of Water and Electricity, from the Guinness Book of Records. (ARAB NEWS)
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A confirmation certificate is presented to Abdul Rahman Bin Abdul Mohsen Al-Fadhli, Minister of Water and Electricity, from the Guinness Book of Records. (ARAB NEWS)
Updated 10 February 2018
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Saline Water Conversion Corporation receives its Guinness Book of Records certificate

ALKHOBAR: The Saline Water Conversion Corporation has received a certificate from the Guinness Book of Records showing that it holds the world record for seawater desalination.
The government-owned company, which has its headquarters in Riyadh, produces five million cubic meters of water a day.
A confirmation certificate was presented to Abdul Rahman Bin Abdul Mohsen Al-Fadhli, Minister of Water and Electricity, and Ali bin Abdul Rahman Al-Hazmi, the company’s governor, at a board meeting in the city of Al-Khobar on Feb. 9.
Al-Fadhli praised the increase of the company’s production of desalinated water to 5 million cubic meters a day, reinforcing the Kingdom’s position as world leader in desalination development.
He added that it also demonstated the government’s keenness to provide a good standard of life for residents and visitors to the Kingdom. Desalination plays a leading role in providing water security, a fundamental development structure which is one of the most important goals of Vision 2030, he added. At its 2016 launch, Crown Prince Mohammed bin Salman described Vision 2030 as providing a roadmap for economic and developmental action in the Kingdom.
The board then discussed its agenda for the meeting, incuding a report on safety, security and the environment and an audit of the last financial year. It also discussed a progress on the drive to strengthen performance culture at the plant.
Research findings on boosting plant efficiency were also discussed, including the push to find new economic technologies to support the desalination industry.


‘Davos in the Desert’ brings 150 global leaders to Riyadh

Updated 16 October 2018
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‘Davos in the Desert’ brings 150 global leaders to Riyadh

  • The Future Investment Initiative (FII) runs from Oct. 23 to 25
  • The three key themes of this year’s event are investing in transformation, technology as an opportunity, and advancing human potential

RIYADH: The Public Investment Fund (PIF) of Saudi Arabia has revealed the program for a high-profile gathering of global leaders, business chiefs and innovators in Riyadh next week.

The Future Investment Initiative (FII) runs from Oct. 23 to 25 with US Treasury Secretary Steve Mnuchin and IMF Managing Director Christine Lagarde among those scheduled to take part.

More than 150 speakers from 140 different organizations have confirmed their attendance for the event which was hosted for the first time a year ago and was quickly dubbed “Davos in the Desert” — a reference to the annual World Economic Forum hosted each year in the Swiss resort.

The three key themes of this year’s event are investing in transformation, technology as an opportunity, and advancing human potential.



“FII is a global platform focused on identifying future economic trends and opportunities, defining the future of industries and discussing how investment can contribute to overall global prosperity and development,” the PIF, Saudi Arabia’s sovereign wealth fund, said on Monday.

“Ten years on from the global financial crisis, the world is undergoing a period of large-scale economic and technological transformation. FII will convene global leaders, investors and innovators to discuss how businesses, governments and global institutions can work together to drive long-term growth and prosperity.”

The next installment of FII will include a panel called “One World” — a look at how leaders from business and government develop a collective vision for the future.

Other sessions cover digital currencies, capital flows, market drivers, immersive technology, sustainability and giga-projects such as NEOM, the vast development announced at last year’s FII.