Saudi Arabia intercepts two missiles fired by Yemen’s Houthis on Jazan

Saudi Arabia intercepted a ballistic missile fired by the Iran-backed Houthi militia towards Jazan. (File photo / AFP)
Updated 10 August 2018
0

Saudi Arabia intercepts two missiles fired by Yemen’s Houthis on Jazan

JEDDAH: Saudi Arabia intercepted two missiles on Friday fired by Yemen’s Houthi group at its southern Jazan province, the Saudi Press Agency reported.
Saudi-led Coalition spokesperson Col. Turki Al-Maliki said that at exactly 4:55 p.m. local time coalition air defense forces detected the launch of two ballistic missiles by the Iran-backed Houthi militia from Saada province toward the Kingdom.
Col. Al-Maliki said the two missiles were targeted in the direction of Jazan city and were launched deliberately to target civilian and populated areas. 
The Saudi Royal Air Defense Force was able to intercept and destroy the two missiles and prevent any casualties.
The spokesperson added that this hostile action by the Houthi militia proves the Iranian regime’s continued involvement in supporting the terrorists in clear and explicit defiance of UN resolution 2216 and resolution 2231.
He noted the Houthi attacks are aimed at threatening the Kingdom’s security, as well as regional and international security and the firing of ballistic missiles at populated towns and villages is contrary to international humanitarian law.
The Houthis’ Masirah TV earlier announced firing “a number” of ballistic missiles at Jazan, and one missile at a Saudi military base in Aseer province.
Both Jazan and Aseer provinces lie on the border with Yemen.


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
0

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.”