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Nova Water signs MoU with Saudi NCVC to plant 200,000 trees

Nova Water signs MoU with Saudi NCVC to plant 200,000 trees
The agreement was officially signed by Dr. Khalid bin Abdullah Al-Abdulqader, CEO of NCVC, and Sulayman Serdar Seyhanli, CEO of Nova Water.
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Updated 21 June 2025

Nova Water signs MoU with Saudi NCVC to plant 200,000 trees

Nova Water signs MoU with Saudi NCVC to plant 200,000 trees

Nova Water, a bottled drinking water company, has signed an MoU with the Saudi National Center for Vegetation Cover Development and Combating Desertification to plant 200,000 trees across the Kingdom by 2030.

This initiative underscores Nova’s ongoing environmental mission to reduce its ecological footprint and protect local ecosystems — while directly contributing to the overarching goals of the Saudi Green Initiative. It marks the latest step taken by the company to combat desertification, advance the development of a sustainable water ecosystem and safeguard the Kingdom’s future.

The agreement was officially signed by Dr. Khalid bin Abdullah Al-Abdulqader, CEO of NCVC, and Sulayman Serdar Seyhanli, CEO of Nova Water. The collaboration focuses on four core areas: identifying key locations for reforestation, prioritizing the use of native plant species, engaging Nova employees in afforestation activities, and supporting the rehabilitation of Saad National Park, located near the company’s facilities in Rumah, 120 km east of Riyadh.

Seyhanli said: “At Nova Water, we understand the importance of implementing innovative environmental solutions in the water sector. Our agreement with the NCVC is a testament to our unwavering support for national sustainability initiatives. Together, we are building a greener future while aligning with the ambitions of Vision 2030 and contributing to the protection and expansion of the Kingdom’s natural green cover.”

He added: “As a natural partner of the Saudi Green Initiative, this agreement represents a carefully planned execution strategy — covering irrigation, planting, and the ongoing care of seedlings across agreed-upon areas.” 

Our reforestation efforts will span the next six years, from 2025 through to 2030, and will culminate in the successful planting of 200,000 trees and shrubs across ֱ. We are fully committed to seeing this goal through.”

This ambitious program seeks to create long-term environmental and social impact, including restoring native wildlife habitats, rehabilitating decertified lands, and enhancing biodiversity. Ultimately, it will support rainfall regeneration, provide shelter and food for local fauna, and contribute to rebalancing fragile ecosystems — which are the very objectives the NCVC was established to fulfill since its inception in 2021.


Sahm App first in MENA region to empower investors with Nasdaq TotalView

Sahm App first in MENA region to empower investors with Nasdaq TotalView
Updated 04 November 2025

Sahm App first in MENA region to empower investors with Nasdaq TotalView

Sahm App first in MENA region to empower investors with Nasdaq TotalView

Sahm App, powered by Sahm Capital, has been officially recognized by Nasdaq as the first platform in the MENA region to launch Nasdaq TotalView, giving local investors unprecedented access to real-time market depth data.

With Nasdaq TotalView, eligible investors can now enjoy unparalleled market transparency and depth. The service displays the entire order book on Nasdaq — showing every single quote and order at every price level for Nasdaq-, NYSE-, NYSE American-, and regional-listed securities traded on Nasdaq. 

Offering full depth of book, Nasdaq TotalView delivers investors a far more complete picture of market liquidity, revealing the true supply and demand behind price movements.

“Data is the key to successful trading. It empowers investors to see opportunities, manage risks, and make informed decisions in the market.,” said Steven Chou, chairman of Sahm Capital. “We are committed to empowering Saudi investors with the same depth, transparency, and efficiency long enjoyed by global market participants.”

As part of Sahm’s continued commitment to enhance investor experience, Sahm App now offers a complete suite of US market data solutions — from real-time top-of-book prices (Nasdaq Basic, NBBO) to institutional-level market depth (Nasdaq TotalView, NYSE ArcaBook) and comprehensive options data.

These advanced data solutions enable local investors to have greater transparency and confidence in making informed investment decisions.

Developed by Sahm Capital, licensed by the Capital Market Authority, the Sahm App is a trading platform tailored for investors in ֱ. 

It provides seamless access to both the Saudi and US markets within a secure, regulated environment. 

With its intuitive interface and advanced investment tools, the app has quickly become one of the top three in the Free Finance category on Google Play, with more than 1 million users.