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The new energy park sparks a new era of growth in KSA

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Saudi Arabia is building a new energy park that is to transform KSA to a global industrial powerhouse, the project is called the King Salman Energy Park (SPARK) , and is expected to catch up with the growing energy scene in the world before 2030, in addition to attracting energy industry investors.

The project is being developed by Saudi Aramco, which was given the green light to work on the initiative in the summer. The mega project is managed and operated with the cooperation of the Saudi Authority for Industrial Cities and Technology Zones (MODON).

It will be located the Kingdom’s Eastern Province, between Dammam and Al-Ahsa , and is expected to create job vacancies of up to 100,000 jobs and will localize around 300 new industrial facilities and services.

The project’s completion will be divided into three phases, where the first one is scheduled to be done by 2021, and the third phase by the year 2035.

This will serve and benefit not only local citizens but also will work as a magnet for domestic and foreign investment; seeing how SPARK has already managed in attaining both local and foreign companies to invest in the project by manufacturing goods.

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Princess Reema bint Bandar Meets With US Treasury Chief Steven Mnuchin

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Saudi ambassador Princess Reema bint Bandar met earlier with US Treasury Secretary Steven Mnuchin where the two of them got to discuss opportunities to further enhance the relationship between the two countries.

The Saudi Arabian embassy in the US said in a tweet that the two senior officials explored “ways to strengthen Saudi Arabia’s close partnership with the United States on countering the financing of terrorism, as well as US support for the Kingdom’s economic reforms.”

Princess Reema assumed her new office earlier this month, and has since met with the political figures of the US in the attempt of strengthening the relationship between the two countries.

She presented her credentials in the presence of US President Donald Trump as the Kingdom’s top diplomat in Washington.

 

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Princess Reema Bint Bandar Meets Donald Trump At The White House

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Saudi Arabia’s ambassador to the United States, Princess Reema bint Bandar, has met with President Donald Trump to present her credentials as the Kingdom’s top diplomat in Washington.

“HRH stated that the Saudi-U.S. partnership is essential to the interests of both countries and expressed confidence that the two countries are capable of overcoming any challenges at the regional or global levels,” the embassy said.

The 44-year-old diplomat expressed her enthusiasm on social media, writing, “Looking forward to starting this chapter of my life in Washington DC.”

“Presented credentials today at the White House,” she wrote on Twitter. “Conveyed the well wishes of Kingdom’s Leadership. Looking forward to working on strengthening and solidifying the historic Saudi – U.S partnership.”

Princess Reema Bint Bandar became the 11th Saudi diplomatic representing the Kingdom to Washington since 1945, marking an opening for more women to participate and take roles in government positions.

 

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Main Road in Sharm El-Sheikh Gets Named After King Salman

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According to a report from the Saudi Press Agency, the main road in the Egyptian Red Sea resort town of Sharm El-Sheikh has been named after King Salman. 

Governor of South Sinai, Khaled Fouda, announced the decision during a ceremony that was held to celebrate the 37th anniversary of Sinai Liberation Day.

Osama Nugali, Saudi Arabia’s Ambassador and the Kingdom’s permanent representative to the Arab League, took part in the event where the announcement was made.

He thanked President Abdel Fattah El-Sisi and several senior officials, for such a kind gesture and for bestowing the honor on King Salman.

 

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