KAPSARC’s new energy-economics products support Vision 2030

Updated 05 January 2020
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KAPSARC’s new energy-economics products support Vision 2030

  • The annual growth for data insights was around 200 percent, as the center has published nine this year compared with three in 2018

King Abdullah Petroleum Studies and Research Center (KAPSARC) has created four new energy-economics products during 2019, aiming to highlight the hottest topics locally and globally.
The new products are seeking to support decision-makers to reach Vision 2030 goals by providing pivotal insights and recommendations to ensure energy security, diversify economic resources, and curb climate change.
Five podcasts, 20 instant insights, nine commentaries, and 12 open models and tools have launched in 2019, seeking to discuss new challenges in the areas of the economy, water, energy, environment, and technology, with analyses and solutions by the center’s researchers.
During this year, the center’s publications in 10 initiatives — including energy, the economy, oil, electricity, transportation, and climate change — rose by 32.5 percent compared with last year, from 86 to 114 studies.

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10 - Initiatives KAPSARC focused on: Evaluation of public investment projects, future of transport and fuel demand, future of energy, oil and gas markets, climate change, electricity sector transition, economic diversification, energy and economic vulnerability and models, data, and tools.

The annual growth for data insights was around 200 percent, as the center has published nine this year compared with three in 2018. KAPSARC focused on 10 key initiatives, which include: Evaluation of public investment projects, future of transport and fuel demand, future of energy, oil and gas markets, climate change, electricity sector transition, economic diversification, energy and economic vulnerability and models, data, and tools.
This year, the center introduced more than 1,250 open access models and research tools to advance the understanding of energy economics and environment policy pathways. The yearly average increase was 13.6 percent, as the number of open access tools last year was 1,100. KAPSARC also offers 12 new models and tools this year.
KAPSARC is a nonprofit global institution located in Riyadh, dedicated to independent research into energy economics, policy, technology, and the environment across all types of energy. The center is focused on finding solutions for the most effective and productive use of energy to enable economic and social progress nationally, regionally, and globally.


LuLu Walkathon: 22,000 participants champion greener future

Updated 12 February 2026
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LuLu Walkathon: 22,000 participants champion greener future

Alkhobar’s New Corniche transformed into a vibrant hub of energy and community spirit when more than 22,000 people gathered for the highly anticipated “LuLu Walkathon.” Organized by LuLu Saudi Hypermarket, the 3-km event was held under the patronage of the Ministry of Sport and Alkhobar municipality on Jan. 31. The walkathon successfully united the community under the themes of health and environmental sustainability.
The event was held with the cooperation of Meshaal Al-Harbi, head of Alkhobar municipality, and Tareq Al-Qahtani, director of the Ministry of Sport’s Eastern Province branch. The official flag-off was performed by Mohammed Haris, director of LuLu Hypermarket Saudi Arabia.
This year’s walkathon went beyond fitness, offering a rich tapestry of entertainment including soulful traditional Arabic music, a contemporary violin performance, and a playful “donuts dance,” which ensured a festive atmosphere for families of all ages.
A major highlight of the morning was the presence of Khadra. Khadra served as a living reminder of the Kingdom’s deep-rooted cultural artistry, posing for photos with the thousands of participants who lined the coast. To ensure every attendee felt the spirit of the celebration, participants were geared up with a premium merchandise kit containing custom-branded T-shirts and caps. Furthermore, every individual who successfully completed the 3-km route was rewarded with an exclusive LuLu goodie bag at the finish line to celebrate their achievement.
Sustainability remained a core pillar for the LuLu Walkathon this year, reflecting the brand’s long-term environmental vision. LuLu’s staff managed the route with a strict focus on environmental responsibility, while strategically placed refreshment stalls kept walkers hydrated without compromising the pristine condition of the corniche.
The massive success of the event was supported by key partners, including MasterCard as the commercial sponsor and Nada, which provided vital refreshments, alongside significant support from Radio Mirchi and Alyaum newspaper.
“The walkathon concluded not just as a race, but as a meaningful tribute to the Kingdom’s past and a definitive step toward a sustainable future,” a statement said. “By blending physical activity with cultural celebration and environmental stewardship, LuLu Hypermarket reaffirmed its commitment to the Saudi community, promoting an active, engaged, and responsible lifestyle for all residents.”