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by Rania Sanjar Agence France-Presse RIYADH, Saudi Arabia (AFP) – Top crude exporter Saudi Arabia will aim to achieve net zero carbon emissions by 2060, its de facto ruler said on Saturday, days before the COP26 global climate summit. The kingdom, one of the world’s biggest polluters, said it would also join a global effort to cut methane emissions by 30 percent by 2030. The UN says more than 130 countries have set or are […]
RIYADH, Saudi Arabia (AFP) — Saudi Arabia, the world’s top crude exporter, announced Sunday the launch of an eco-city “with zero cars, zero streets and zero carbon emissions” at its futuristic NEOM mega development. The $500 billion NEOM project, set to be built from scratch along the kingdom’s picturesque Red Sea coast, is billed as a development evocative of a sci-fi blockbuster. Crown Prince Mohammed bin Salman unveiled plans for a city, dubbed “THE LINE”, in […]
RIYADH, Saudi Arabia (AFP) — Saudi Arabia announced Saturday it had boosted stipends and benefits for citizens to cushion the impact of economic reforms including the kingdom’s first ever taxes after an oil price slump. Most working Saudi Arabians are employed by the state and, like nationals in other energy-flush Gulf monarchies, have long benefited from a generous welfare system. After the 2014 oil market crash, Saudi Arabia, as well as the neighbouring United Arab […]
