US welcomes Saudi-led coalition’s humanitarian efforts in Yemen

Saudi soldiers stand guard as workers unload aid from a Saudi air force cargo plane at an airfield in Yemen's central province of Marib, in this February 8, 2018 photo. (AFP)
Updated 24 February 2018
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US welcomes Saudi-led coalition’s humanitarian efforts in Yemen

JEDDAH: The US on Saturday has welcomed the Saudi-led coalition’s humanitarian efforts in Yemen.
A statement from White House Press Secretary Sarah Huckabee Sanders said: “The coalition released a humanitarian operations plan on Jan. 22, 2018, and as part of that plan, it has agreed to transfer $930 million to United Nations agencies in support of the 2018 Yemen Humanitarian Response Plan by March 31. Four World Food Programme (WFP) mobile cranes funded by the United States have now begun offloading supplies at Yemen’s Hudaydah port.
“We appreciate the coalition’s willingness to contribute to Yemen’s reconstruction, including investment in key ports and transportation infrastructure, and to work with the United Nations, WFP, and NGOs to meet the needs of millions of desperate Yemeni people.”
“The United States stands ready to assist Saudi Arabia and the United Arab Emirates in accomplishing critical objectives, including expanding access to food and medicine for Yemenis suffering after nearly four years of civil war, and reiterates the continuing necessity for unfettered access for delivering humanitarian and commercial goods through all ports of entry,” the statement said.
“We urge the Houthis to work with the international community to ensure all essential supplies reach the millions in predominately Houthi-controlled areas who are in the greatest need. Alleviating these vital humanitarian needs and legitimate security concerns of countries in the region depends on a political settlement to the conflict, and therefore the US applauds the recent public commitments of several important parties to the conflict to renew diplomatic efforts and stands ready to support UN-led efforts to achieve peace.”


Saudi Arabia’s up-and-coming energy park set to transform KSA into a global industrial powerhouse

Situated in the Kingdom’s Eastern Province, between Dammam and Al-Ahsa, the project will be developed in three phases. (Supplied)
Updated 12 December 2018
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Saudi Arabia’s up-and-coming energy park set to transform KSA into a global industrial powerhouse

  • The first phase is scheduled for completion by 2021
  • SPARK will localize more than 300 new industrial services and facilities and will have specialized training centers to cater to the huge influx of manpower

JEDDAH: Saudi Arabia is fast catching up with the world’s ever-growing energy and technology scene ahead of 2030. In fact, the King Salman Energy Park (SPARK) may soon prove a global destination for energy industry investors.

The new energy city mega-project is being developed by Saudi Aramco, which received authoritization to embark on the initiative in the summer, and is operated, managed and maintained in partnership with the Saudi Authority for Industrial Cities and Technology Zones (MODON). 

With projections that the megacity will create more than 100,000 jobs, it is considered one of the most up-and-coming energy parks in the world.

SPARK will localize more than 300 new industrial services and facilities and will have specialized training centers to cater to the huge influx of manpower.

Situated in the Kingdom’s Eastern Province, between Dammam and Al-Ahsa, the project will be developed in three phases. 

The first phase is scheduled for completion by 2021, while the final phase of the project is set for completion in 2035. With all this on track, the 50-square-kilometer project is poised to be a magnet for foreign and domestic investment. 

Crown Prince Mohammed bin Salman inaugurated the King Salman Energy Park at the King Abdulaziz Center for World Culture (Ithra) on Monday. (SPA)

What’s more, Aramco’s espousal of SPARK will also help businesses indulge in technological development, manufacturing and exports channels and build a world-class energy supply chain. Crown Prince Mohammed bin Salman inaugurated the King Salman Energy Park at the King Abdulaziz Center for World Culture (Ithra) on Monday.

During the groundbreaking ceremony, Energy Minister and Aramco Chairman Khalid Al-Falih declared SPARK a special economic zone (SEZ) in which businesses can enjoy exclusive benefits. 

“We are looking forward to collaborating with our first anchor partners at SPARK,” said Saudi Aramco President and CEO, Amin Nasser.

SPARK has already attracted investment from foreign and local companies to produce and manufacture goods and services. The first phase of the project is expected to cost about $1.6 billion. 

The park is set to attract industrial investors in the water, power, petrochemical and wastewater sectors, among others. 

Facilities at SPARK will also help investors bridge gaps in local production back home, increasing competition in the long run. 

“This energy city is exciting because it brings together a multitude of businesses,” Mark McCollum, president and CEO of Weatherford Corp, told SPARK.

“We firmly believe that collaboration and cooperation among service companies and individual providers to the energy sector is vital in breaking new ground.”

The King Salman Energy Park is also set to promote small and medium-sized enterprises. With focus on energy production, it also provides opportunities for investment in residential and commercial real estate projects.

Nasser said that the “King Salman Energy Park will spur a new era of growth for one of the Kingdom’s already thriving sectors. What’s more, it will serve as a central gateway to the region’s economies since Aramco is at the heart of the global oil and gas industry.”