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Saudi Aramco unveils direct air capture tech to reduce emissions

Aramco emphasized that the pilot plant, developed in partnership with Siemens Energy, represents a crucial step in enhancing DAC capabilities. File
Aramco emphasized that the pilot plant, developed in partnership with Siemens Energy, represents a crucial step in enhancing DAC capabilities. File
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Updated 20 March 2025

Saudi Aramco unveils direct air capture tech to reduce emissions

Saudi Aramco unveils direct air capture tech to reduce emissions

JEDDAH: Saudi Aramco has unveiled the Kingdom’s first direct air capture test unit, marking a significant milestone in its mission to reduce emissions and advance carbon capture technology for a sustainable future.

The unit is capable of removing 12 tonnes of carbon dioxide from the atmosphere each year, according to an official statement from Aramco.

As the world’s leading integrated energy and chemicals company, Aramco emphasized that the pilot plant, developed in partnership with Siemens Energy, represents a crucial step in enhancing DAC capabilities.

Ali A. Al-Meshari, Aramco’s senior vice president of technology oversight and coordination, highlighted that direct carbon dioxide capture technologies will play a pivotal role in mitigating greenhouse gas emissions, particularly in industries that are difficult to decarbonize.

“The test facility launched by Aramco is a key step in our efforts to scale up viable DAC systems, for deployment in the Kingdom of ֱ and beyond. In addition to helping address emissions, the CO2 extracted through this process can in turn be used to produce more sustainable chemicals and fuels.” Al-Meshari said.

The development is in line with ֱ’s commitment to achieving net-zero emissions by 2060, following a circular carbon economy approach that emphasizes reducing, reusing, recycling, and removing carbon.

This initiative also supports the Saudi Green Initiative, which aims to reduce carbon emissions by 278 million tonnes annually by 2030 and transition 50 percent of the country’s energy sources to renewables.

The project reflects Aramco’s strong commitment to carbon capture, a critical component of its goal to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly-owned and operated assets by 2050.

Aramco plans to use the new facility as a testing ground for next-generation CO2 capture materials specifically designed for ֱ’s unique climate. Additionally, the company aims to drive down costs, promoting the quicker adoption of DAC technologies in the region.

As part of its circular carbon economy strategy, Aramco is exploring methods for capturing CO2 both at emission sources and directly from the atmosphere, incorporating cutting-edge technological solutions, as stated in the company’s announcement.

In partnership with Siemens Energy, Aramco intends to scale up the technology and lay the groundwork for large-scale DAC facilities in the future.

Furthermore, the DAC test facility launch comes shortly after Aramco, along with its partners Linde and SLB, signed a shareholders’ agreement to develop a carbon capture and storage hub in Jubail. Phase one of the hub will have the capacity to capture 9 million tonnes of CO2 from three Aramco gas plants and other industrial sources.

In October 2023, Saudi Aramco announced its collaboration with major international companies to develop emissions reduction solutions, including lower-carbon hydrogen, direct air capture of CO2, and an innovative approach to CO2 storage.


Riyadh Air is ready for take-off this October

Riyadh Air is ready for take-off this October
Updated 4 sec ago

Riyadh Air is ready for take-off this October

Riyadh Air is ready for take-off this October
  • Here’s a sneak peek at its first flight, luxury lounge launch, and new partnerships

RIYADH: Announced at its headquarters in the Kingdom’s capital, Riyadh Air is officially taking to the skies — and it’s earlier than you think.

The airline’s maiden flight will depart from Riyadh to London’s Heathrow on Oct. 26 with a Boeing 787-9 technical spare aircraft named “Jamila,” which means “beautiful” in Arabic.

Riyadh Air, the newest national airline for ֱ, was announced in 2023 and is owned by the Kingdom’s Public Investment Fund.

As well as revealing the maiden flight, the airline also announced a string of fresh updates — from its opening of a luxury lounge, launching of a loyalty program, as well as new high-profile partnerships.

“We are not just selling tickets; we are selling an experience,” Osamah Al-Nuaiser, senior vice president of marketing and corporate communications, told Arab News in an exclusive interview.

The first daily launch flights will carry select guests, allowing the airline to refine operations and the overall experience before general commercial passengers are welcomed.

Flights to Dubai will soon follow, with winter 2025 and summer 2026 destinations to be announced imminently.

It was also announced that travelers will be welcomed into Riyadh Air’s first premium airport experience — the “Hafawa Lounge” at King Khalid International Airport, located between Terminals 1 and 2. 

“Hafawa” is an Arabic word that embodies warmth and hospitality. Spanning nearly 2,000 sq. meters and accommodating 370 guests, the lounge is exclusively for Business Elite and Business Class travelers and will have private and communal spaces and dining areas.

Riyadh Air is also launching its loyalty program “Sfeer”, now open to travelers via the Riyadh Air website. 

Meaning “Ambassador” in Arabic, early registrants will receive priority bookings and other perks. 

When fully activated in 2026, “Sfeer” will feature gamified challenges, leaderboards, invitations to exclusive events, complimentary onboard Wi-Fi and a range of benefits from global partners.

A cornerstone of Riyadh Air’s international strategy is its partnership with Saudia Airlines, the Kingdom’s national carrier, Alnuaiser emphasized.

“Saudia Airlines is very important. We started the first airline partnership with Saudia and the reason being we need to integrate not compete. Of course, we need to make sure that there’s synergy between both national carriers,” Al-Nuaiser told Arab News.

The arrangement allows travelers to earn and redeem loyalty points across both carriers, Riyadh Air and Saudia, strengthening integration and connectivity rather than competition.

A partnership with Saudi wellness brand Kayanee was also announced, which will see the company provide loungewear and amenity kits for Business Elite, Business, and Premium Economy cabins. 

Another major announcement focuses on Riyadh Air’s partnership with the popular ride-sharing brand Uber, which is already widely-used in ֱ. This collaboration will provide seamless ground transportation for travelers and integrate loyalty benefits, marking a key step in connecting the seamless transport of passengers from doorstep to departure.

Cabin crew uniforms are designed by Paris-based Saudi designer Mohammed Ashi, and were unveiled in June, 2024, at Haute Couture Week in the French capital.

As announced earlier this year, Riyadh Air’s catering will be handled by Saudi company Catrion under a five-year, SR2.3 billion ($610 million) contract, ensuring consistent food and beverage quality across all flights. Menus promise to blend Saudi and international flavors for a premium culinary experience— and plenty of Saudi coffee.

Since its launch two years ago, Riyadh Air has partnered with 10 other global carriers including Delta, Virgin Atlantic, and Turkish Airlines, as well as China Eastern, Singapore Airlines, and EgyptAir, enabling gradual network expansion.

Underlining the pace of its development, Riyadh Air has grown from fewer than 10 employees to nearly 600.

“I’m employee number nine in the airline. So I’m part of the founding members of Riyadh Air. Never been prouder than seeing the establishment of this airline come to life, but also to have been blessed with the team that has been growing the trajectory,” Al-Nuaiser said.

He also emphasized Riyadh Air’s Saudi roots and cultural mission, saying: “We are from Riyadh and we will serve the people of Riyadh and the people of the Kingdom first. At the same time, we want to attract tourists and business travelers as part of the national strategy for tourism.”

Al-Nuaiser added: “We want to take the hospitality and generosity of the people and make sure that we also carry that and connect Riyadh to the world and the world to Riyadh. Flying is such a beautiful privilege— we want to bring a little bit of glamor back to the skies. We want to create an icon that we all are proud of.”


Abu Dhabi signs multi-sector agreements in US investment push

Abu Dhabi signs multi-sector agreements in US investment push
Updated 08 October 2025

Abu Dhabi signs multi-sector agreements in US investment push

Abu Dhabi signs multi-sector agreements in US investment push

JEDDAH: The UAE strengthened its economic partnership with the US during a three-day visit to New York, where Abu Dhabi officials signed a series of agreements in technology, finance, energy, and manufacturing. 

The high-level delegation, led by Ahmed Jasim Al-Zaabi, chairman of the Abu Dhabi Department of Economic Development, met with US government officials and business leaders to boost trade and investment cooperation, according to the Emirates News Agency, also known as WAM. 

The visit witnessed the inking of agreements to enhance cooperation in sectors including startups, family businesses, and small and medium enterprises, as well as digital infrastructure, new energy, advanced manufacturing, and financial services. 

The two countries share a strong and growing economic relationship, with bilateral trade reaching $34.4 billion in 2024 — an 8.5 percent increase year on year — making the UAE the largest US trading partner in the Middle East, with trade spanning all 50 US states and supporting over 184,000 jobs. 

In a statement, Al-Zaabi said: “We are proud of our strong and evolving partnership with the US. This visit has enabled us to build more collaborative initiatives to harness new trends, mega shifts, and technological transformations witnessed by the global economy.” 

He added: “Backed by five decades of fruitful cooperation, our trade and investment ties with the US continue on an upward trajectory,” noting that mutual investments are also increasing and expanding, supercharging growth across various sectors and industries, and creating thousands of jobs. 

He emphasized that this growth reflects the depth and strength of their cooperation with the US and affirmed their commitment to further enhancing it, enabling businesses and investors to grow, thrive, and expand. 

In recent years, Abu Dhabi’s non-oil trade with the US has grown by 28.4 percent, while US companies operating in Abu Dhabi have seen a 52.9 percent compound annual growth rate, reflecting deepening ties in key economic sectors. 

According to a report released in May by the White House, US President Donald Trump announced over $200 billion in commercial deals between the two countries — bringing the total of investment agreements in the Gulf region to over $2 trillion. 

This builds on the UAE’s commitment to a 10-year, $1.4 trillion investment framework that will contribute to the US boom in AI infrastructure, semiconductors, energy, quantum computing, biotechnology, and manufacturing, as per the US official release. 

The New York event brought together 15 of Abu Dhabi’s largest listed companies from diverse sectors, with a combined market capitalization exceeding $300 billion, and featured more than 100 one-on-one meetings with leading US institutional investors managing assets of over $10 billion. 

The delegation included senior officials from Abu Dhabi’s public and private sectors, among them Ghannam Al-Mazrouei, chairman of the Abu Dhabi Securities Exchange Group, Hamad Sayah Al-Mazrouei, undersecretary of ADDED, and Badr Al-Olama, director general of the Abu Dhabi Investment Office. 


Egypt’s inflation eases to 10.3% in September as price pressures cool 

Egypt’s inflation eases to 10.3% in September as price pressures cool 
Updated 08 October 2025

Egypt’s inflation eases to 10.3% in September as price pressures cool 

Egypt’s inflation eases to 10.3% in September as price pressures cool 

RIYADH: Egypt’s inflation slowed for a fourth consecutive month in September, easing to 10.3 percent year on year as consumer price pressures continued to moderate, official data showed. 

The Central Agency for Public Mobilization and Statistics said the Consumer Price Index rose 1.5 percent month on month to 260.9 points, driven mainly by higher housing and utility costs. 

Egypt’s inflation peaked at around 33.2 percent in September 2023 but has steadily eased since the government secured an $8 billion loan program from the International Monetary Fund in March 2024, which helped stabilize the currency and support policy reforms. 

In its latest release, CAPMAS stated: “Housing, water, electricity, gas and fuel section recorded an increase of 3.4 percent due to an increase in prices of the actual rental group of houses by 1.3 percent, calculated rent group of houses by 7.1 percent, and group of maintenance and repair of houses by 1.4 percent.”  

The report added that expenses for water and miscellaneous services related to housing increased by 0.2 percent, while electricity, gas, and fuel prices rose by 0.3 percent. 

Another key driver in September was the food and beverages sector, which increased by 1.9 percent. This section saw a 12.2 percent rise in vegetable prices, a 3.5 percent increase in fruits, and a 0.3 percent rise in meat and poultry expenses. 

The alcoholic beverages and tobacco segment witnessed a monthly rise of 0.8 percent, while the health care sector saw an increase of 0.4 percent. 

Within healthcare, outpatient service costs climbed 0.8 percent in September compared to the previous month, while hospital expenses rose 1 percent over the same period. 

On an annual basis, alcoholic beverages and tobacco prices surged 25.3 percent, followed by housing, water, electricity, and fuel, which went up 18.2 percent. 

The food and beverages category recorded a 0.3 percent increase year on year, while clothing and footwear costs advanced 14.4 percent during the same period. 

In February, global credit rating agency Moody’s affirmed Egypt’s Caa1 long-term foreign and local currency rating with a positive outlook. 

It stated that the positive outlook reflected the government’s measures to control inflation and interest rates. 

Earlier this month, Egypt’s Central Bank slashed interest rates by 100 basis points, marking the fourth reduction this year, citing subdued inflationary pressures amid economic growth of about 5 percent in the second quarter. 


ֱ’s POS transactions rise 26.4% to $4.30bn  

ֱ’s POS transactions rise 26.4% to $4.30bn  
Updated 08 October 2025

ֱ’s POS transactions rise 26.4% to $4.30bn  

ֱ’s POS transactions rise 26.4% to $4.30bn  

RIYADH: ֱ’s point-of-sale transactions climbed to SR16.14 billion ($4.30 billion) in the week ending Oct. 4, representing a 26.4 percent rise compared to the previous seven days, driven by an increase in spending across the majority of sectors.  

According to the latest report released by the Saudi Central Bank, also known as SAMA, the number of transactions also grew by 14.3 percent to 252.99 million. 

The robust momentum in POS spending in ֱ reflects rising consumer confidence and the Kingdom’s ongoing digital payments transformation under the Vision 2030 initiatives. 

SAMA revealed that the food and beverages sector remained the top driver for POS spending at SR2.67 billion, representing a 44.5 percent rise compared to the previous week.  

Restaurants and cafes witnessed spending amounting to SR1.77 billion, up 12.1 percent, while transactions in the transportation sector rose by 28.1 percent to SR1.18 billion.  

Spending on apparel, clothing, and accessories rose by 20.5 percent to SR1.14 billion, followed by transactions in the health sector at SR1.06 billion, a 25.9 percent increase.  

Expenditure at gas stations reached SR1.13 billion, while professional and business services totaled SR1 billion. 

By contrast, spending on furniture and home appliances fell 4 percent to SR654.71 million. 

The central bank’s latest data show consumer confidence remains firm despite global economic headwinds, providing vital support to ֱ’s broader transformation agenda. 

In April, SAMA reported that non-cash retail transactions in the Kingdom reached 12.6 billion in 2024, up from 10.8 billion in 2023, highlighting the continued expansion of electronic payment systems across the Kingdom.  

It added that electronic payments accounted for 79 percent of total retail transactions in 2024, up from 70 percent in 2023. 

Geographically, ֱ’s capital city, Riyadh, recorded POS transactions totaling SR5.50 billion, representing a weekly rise of 20.8 percent.  

The number of transactions in Riyadh also increased by 12.2 percent to 82.02 million.  

In Jeddah, the total value of transactions amounted to SR2.13 billion, followed by Dammam at SR790.57 million, Madinah at SR621.01 million and Makkah at SR612.15 million.  

Alkhobar recorded POS transactions totaling SR453.30 million, while Buraidah and Abha stood at SR391.75 million and SR199.74 million, respectively.  


ֱ to invest in solar-powered desalination project in Senegal, says minister

ֱ to invest in solar-powered desalination project in Senegal, says minister
Updated 07 October 2025

ֱ to invest in solar-powered desalination project in Senegal, says minister

ֱ to invest in solar-powered desalination project in Senegal, says minister

JEDDAH: ֱ is poised to sign an agreement to harness solar energy for a water desalination project in Senegal, alongside additional investments totaling €250 million ($291.57 million), Investment Minister Khalid Al-Falih said.
Al-Falih, leading a high-level Saudi delegation to the “Invest in Senegal Forum 2025” on behalf of Crown Prince Mohammed bin Salman, said the 300-megawatt photovoltaic project will be integrated with the desalination facility and other development initiatives. 
The delegation includes public sector representatives and 400 private sector delegates, with ֱ serving as the forum’s guest of honor.
According to the Observatory of Economic Complexity, Saudi exports to Senegal reached SR9.21 million in February 2025, while imports totaled SR105,000, resulting in a positive trade balance of SR9.1 million. Between February 2024 and February 2025, exports declined by SR1.28 million (12.2 percent), and imports fell by SR913,000 (89.7 percent).
Speaking in the presence of Senegal’s President Bassirou Diomaye Faye, Al-Falih said: “Senegal and Africa are a top priority for our external investments.” 
He expressed confidence that Saudi companies participating in the forum would soon announce new investments and partnerships in Senegal.
“Relations between ֱ and Senegal are historic, deeply rooted in Islamic brotherhood and shared values,” Al-Falih added, highlighting leadership-level visits since Senegal’s independence. He noted that Senegal’s Vision 2050 and the Invest in Senegal Forum signal a strong commitment to development and international partnerships.
The minister also highlighted Africa’s growing role in global investment, referencing Crown Prince Mohammed bin Salman’s announcement at the Saudi-African Summit of $25 billion in new investments across the continent.
Al-Falih detailed one of the Kingdom’s flagship initiatives: the Grande-Cote seawater desalination project. ACWA Power has signed an agreement to invest nearly €750 million to build a renewable energy-powered desalination plant, capable of supplying up to 400,000 cubic meters of potable water per day to Dakar and surrounding areas. 
“This project addresses climate change and advances energy transformation in Senegal,” he said.