Latest news with #Jubail
Zawya
16 hours ago
- General
- Zawya
Saudi Aramco launches Regional Fisheries Development Center in Jubail
DHAHRAN — Saudi Aramco announced on Thursday the launch of the Regional Center for Sustainable Development of Fisheries (RCSDF) on Abu Ali Island in Jubail on the Arabian Gulf coast. The center, the Arabian Gulf Branch, was established in cooperation with the Ministry of Energy and the Ministry of Environment, Water, and Agriculture. Through this collaboration, Saudi Aramco aims to highlight its investments in citizenship initiatives and its efforts to drive economic growth, support local fishermen and their livelihoods, build expertise, and adopt the best practices to enhance production and cultivate fish of marketable sizes that can compete globally. The center is part of the company's broader efforts to protect marine life in the Arabian Gulf. It involves the establishment of a fish hatchery on Abu Ali Island, designed to produce local fish species that have experienced population declines due to fishing practices and to release them into Gulf waters. The center's operations are designed to encompass the complete fish life cycle within designated tanks, from broodstock for egg production to larval rearing using plankton produced on-site and finally to the release of juvenile fish into the Arabian Gulf. The hatchery employs advanced aquaculture technologies to ensure fish health, and it utilizes top-tier water recycling techniques to enhance performance and meet the company's circular economy objectives. The project aligns with Saudi Aramco's mangrove plantation initiative, under which more than 43 million trees have been planted to date. Mangrove forests provide vital nursery habitats for the juvenile fish released into the Gulf, further supporting the sustainability of marine ecosystems. Commenting on the center, Salem Al-Huraish, senior vice president of Community Services at Aramco, said: 'The center supports local economies through responsible and sustainable practices and contributes to improving the marine ecosystem. It also stems from Aramco's commitment to sustainability, as it aspires to achieve a positive impact on biodiversity.' He said that the company believes this center will make a significant contribution to the Arabian Gulf ecosystem, while simultaneously aligning with the objectives of the desired national aquaculture vision. It embodies a model for integrating biodiversity protection with economic sustainability. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Asharq Al-Awsat
12-06-2025
- Business
- Asharq Al-Awsat
Mawani Boosts Saudi Ports with New MSC Himalaya Express Service
The Saudi Ports Authority (Mawani) has announced the addition of MSC's Himalaya Express shipping service to King Abdulaziz Port in Dammam and Jubail Commercial Port. This strategic move aims to bolster national exports and elevate the competitiveness of both ports regionally and internationally, SPA reported. The new service directly links the two ports to 12 key regional and international destinations: Jebel Ali and Abu Dhabi (UAE), Hamad Port (Qatar), Nhava Sheva, Mundra, and Vizhinjam (India), Sines (Portugal), Gioia Tauro and Genoa (Italy), and Valencia, Barcelona, and Malaga (Spain). The service boasts a substantial capacity of up to 14,000 TEUs. This initiative is part of Mawani's ongoing efforts to enhance the Kingdom's standing in global performance indicators and increase operational efficiency at its ports. It aligns directly with the objectives of the National Transport and Logistics Strategy, which seeks to solidify Saudi Arabia's position as a global logistics hub connecting three continents.
Zawya
12-06-2025
- Climate
- Zawya
Minor earthquake hits eastern Saudi Arabia, causing no impact
JEDDAH — A minor earthquake, with a magnitude of 3.35 point on the Richter Scale, struck eastern Saudi Arabia in the Arabian Gulf. The quake that hit approximately 85 kilometers east of Jubail at 5:12:55 p.m. on Tuesday, according to the Saudi Geological Survey (SGS). The SGS detected it through its National Seismic Network stations. SGS spokesperson Tariq Aba Al-Khail confirmed that the earthquake is considered minor and poses no threat to the Saudi border. He emphasized that the situation remains safe and under control. Tariq Mansoob, head of the detection center at SGS, said that the latest quake has no impact on Saudi Arabia. "Activity along the Arabian and Eurasian plates along the Zagros and Makran mountains in Iran and Pakistan led to the quakes. The pressure created by this activity resulted in the tremors," he said while speaking to a local television. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Trade Arabia
05-06-2025
- Business
- Trade Arabia
Lamar, Asyad break ground on major Aramco housing project
Lamar Holding, a leading developer of large-scale PPP projects in the region, has joined hands with its consortium partner Asyad Group for the ground-breaking of Saudi oil giant Aramco's prime residential project - Abu Ali Housing - in the kingdom's Eastern Prrovince. A leading Saudi family conglomerate, Asyad Group has major interests in key sectors including real estate, capital, aviation and investments. Located north of Jubail industrial city, the Abu Ali Housing project features serviced residential compounds that will cater to the needs of 500 employees working at Abu Ali Island. This project marks the third iteration of its significant partnership with Saudi Aramco, the visionary institution focused on the wellbeing of its people, said Lamar in its LinkedIn post. It is being implemented in co-ordination with Asyad Holding Group and its key collaborator Sinohydro and chief lender Riyad Bank. The project is set to be operational in 2027 and has a concession tenor of 20 years, it added. "At Lamar, we've always believed that infrastructure is more than buildings and utilities. It is about people. It's about delivering places that foster dignity, wellbeing, and pride for those who serve in demanding conditions," said a company spokesman. "Building on our successful delivery of the East-West bachelor compound ahead of schedule and within budget, this project continues our consortium's commitment to providing high-quality and accessible housing for Aramco's brave remote staff. We aim to raise the bar and exceed the high standard developed previously," he noted.
Argaam
29-05-2025
- Business
- Argaam
SIIG says additional feedstock allocated
Saudi Industrial Investment Group (SIIG) received on May 28 approval letters from the Ministry of Energy to allocate additional feedstock to utilize the available capacity in its current assets and also support the company's plans to expand its production capabilities. In a statement to Tadawul, SIIG explained that additional ethane was allocated for the expansion of its 65%-owned subsidiary, Saudi Polymers Company (SPCo) in the Jubail Industrial City. This expansion is expected to ramp up the production of end products. SPCo is currently working on related engineering studies and designs for this expansion project. It is anticipated that the expansion will start up by the beginning of 2029. SPCo is expected to benefit from a portion of this allocation before the actual expansion project is completed, as it currently has unutilized capacities. SIIG also received an additional allocation of natural gasoline for its 50:50 joint ventures (JVs), Saudi Chevron Phillips and Jubail Chevron Phillips companies. This should increase the overall production at the entire complex. The JVs are expected to start benefiting from this feed before the end of this year. These additional allocations are expected to have a positive impact on SIIG's financial results gradually over the next three years, as the additional feed becomes available, and may eventually exceed an estimated total of SAR 470 million annually in net profit by the end of the expansion project and startup in 2029, based on forecasted product prices.
