Jordan working to achieve green economy goals, says top official

Jordan has established the necessary regulations to support renewables. (Social media)
Short Url
Updated 15 November 2021
Follow

Jordan working to achieve green economy goals, says top official

  • The share of electricity from renewables in Jordan grew from 0.7 percent in 2014 to over 13 percent in 2019

GLASGOW: Jordan has very ambitious plans to achieve its green economy targets and the country is working to increase the share of renewables by more than 25 percent in its power mx by 2030, said Mohammed Khashashneh.

Talking to Arab News on the sidelines of the COP26, the secretary-general in Jordan’s Environment Ministry said Jordan also also signed an agreement with an Australian company to produce green hydrogen.

Experts say green” hydrogen,  a carbon-friendly nontoxic gas produced using renewable energy, can play a significant role in achieving a green gas-neutral economy. It will also prove helpful in combating global warming.

Referring to a strategic project of his country “National Water Carrier,” the Jordanian official said plans are afoot to run the project on renewables.

The share of electricity from renewables in Jordan grew from 0.7 percent in 2014 to over 13 percent in 2019, making Jordan a regional front-runner in renewable energy. The country has established the necessary policies and regulations to support renewables, including solar photovoltaic and onshore wind development, according to a recent report.

It said Jordan boasts significant renewable energy resource potential that if realized will reduce consumer energy costs, improve national energy security, create jobs and stimulate sustainable growth. Khashashneh expressed very optimistic about the Arab world’s plans in tackling climate change and achieving carbon emissions cuts targets.

He told Arab News that Jordan also planned to plant 10 million trees in the next 10 years. Khashashneh praised the recently announced Saudi Green Initiative and called it a source of inspiration for other regional countries to follow suit.


Real Estate Registry signs 10 agreements at forum in Riyadh

Updated 50 min 48 sec ago
Follow

Real Estate Registry signs 10 agreements at forum in Riyadh

RIYADH: The Real Estate Registry concluded its participation in the Real Estate Future 2026, as a partner of the forum, with a distinguished presence that included the launch of its business portal, the signing of 10 agreements and memoranda of understanding with entities from the public and private sectors, the organization of specialized workshops, and the awarding of the Gold Award at the Real Estate Excellence Awards.

During his participation in the forum, the CEO of the firm, Mohammed Al-Sulaiman, reviewed the latest developments in real estate registration in the Kingdom in a keynote speech, highlighting the pivotal role of the Real Estate Registry in building a unified and reliable system for data. He also announced the launch of the national blockchain infrastructure, which aims to enable the microcoding of real estate assets, enhance transparency, expand investment opportunities, and support innovative ownership models within a reliable regulatory framework.

On the sidelines of the forum, Al-Sulaiman met with Nigeria’s Minister of Housing and Urban Development, Ahmed Dangiwa. During the meeting, they discussed areas of joint cooperation, exchanged experiences and advice on shaping the future of the real estate sector, and reviewed best practices in implementing real estate registration systems that enhance reliability and improve the efficiency of property registration.
efficiency of property registration systems.

The Real Estate Registry’s participation included organizing three specialized workshops that focused on the role of geospatial technologies in identifying ownership, enhancing transparency, and improving the quality of real estate data. 

The workshop “Empowering the Real Estate Registry for the Business Sector” reviewed digital solutions that enable the business sector to manage its real estate assets more efficiently and enhance governance and technical integration. The workshop “From Off-Plan Sales to Title Deed” focused on the journey of documenting real estate ownership and the role of the registry in linking the stages of development and documentation within an integrated digital system.

On the sidelines of the forum, the Real Estate Registry signed 10 agreements and memorandums of understanding, including a deal with Yasmina Information Technology Co. to utilize real estate data in developing smarter insurance solutions that support the real estate sector and enhance service reliability. 

Partnerships were also signed with Haseel, NewTech, and Sahl, as well as HissaTech and Droub, to develop innovative digital solutions in property ownership, fractional ownership, and asset tokenization, as well as real estate finance and investment within a trusted regulatory framework.

Further collaborations included an MoU with ROSHN Group, an agreement with the Saudi Water Authority to enable data integration and quality enhancement, an agreement with the Saudi National Bank, and a partnership with Saudi Post to link the national address with the property registry as a unified geospatial identifier supporting data accuracy and integration.

The registry’s participation was crowned with the Golden Award at the Real Estate Excellence Awards in the category of Excellence in Property Documentation, in recognition of its role in building a model based on transparency, accuracy, and speed, as well as advanced digital technologies and specialized legal expertise, contributing to rights protection and increasing the sector’s attractiveness.

The Real Estate Registry emphasized that its participation reflects its continued role as a key enabler of the real estate sector, a trusted data source, and an active partner in driving digital transformation, enhancing market efficiency, and building investor and financier confidence, in line with Saudi Arabia’s Vision 2030 objectives for a fully integrated and sustainable digital real estate ecosystem.