SABB supports UK-Saudi investment opportunities in renewable energy

Tony Cripps, CEO of Saudi British Bank.
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Updated 02 July 2022
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SABB supports UK-Saudi investment opportunities in renewable energy

The Saudi British Bank sponsored the UK-Saudi Renewable Energy Forum organized by the Saudi British Joint Business Council on June 28 in London.

The forum brought together a group of UK and Saudi ministers, senior government officials, businessmen and investors for a series of interactive talks and panels on investment opportunities in clean energy programs in the UK and Saudi Arabia.

The discussions focused on the vital role of green financing in assisting with the energy transition, opportunities for private sector participation in developing clean technologies, and promoting collective cooperation for a more sustainable future.

“We are honored to be a part of this incredibly important forum to explore the various opportunities for renewable energy collaboration between the two Kingdoms,” said SABB CEO Tony Cripps, during the forum’s discussion sessions. “We are proud of our role as a financial institution in the process of sustainable development led by the Kingdom’s Vision 2030.”

“At SABB, we are deeply committed to sustainability, and it is central to our strategy. We will do everything we can to support green initiatives to create a more sustainable future and achieve leadership in environmental, social, and corporate governance, and we are taking significant steps to lead in the Kingdom and the region as a whole.

“We have recently launched the first green deposit product in the region with HSBC Group. We have also acted as lead arrangers for the Red Sea giga-project financing, the first green loan in the Kingdom.

“In addition to our contribution to the Green Saudi Initiative, SABB is fully prepared to support sustainable development and the Kingdom’s Vision 2030,” Cripps added.

The forum follows the hugely successful Sustainable Investment Forum in London in July 2021, demonstrating the UK and Saudi Arabia’s growing commitment to investing in sustainable energy, combating climate change, and achieving zero-carbon emissions.

SABB is one of the leading banks in financial innovation, offering various products and services aimed at promoting digitization and innovation, in line with the Kingdom’s Vision 2030 initiatives.

The bank was established in 1978 as a Saudi joint stock company and is an associate company of the HSBC Group.

It offers integrated financial and banking services including retail banking, corporate banking, investment, private banking and treasury. SABB’s paid-up capital is SR20.5 billion ($5.46 billion).


Aramco Digital to launch National Industrial Network on 450 MHz band

Updated 12 January 2026
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Aramco Digital to launch National Industrial Network on 450 MHz band

Aramco Digital, the digital and technology arm of Aramco, is preparing to launch its National Industrial Network operating on the 450 MHz spectrum, a network designed to enable secure, resilient, and high-reliability industrial communications across Saudi Arabia. The network has been engineered as a mission-critical industrial infrastructure to deliver high levels of security, flexibility, and reliability to meet the needs of industrial sectors. It provides wide-area coverage with advanced protection standards, supporting operational environments that require continuous performance and dependable connectivity for critical facilities and assets.

“The National Industrial Network has been designed to support the advanced operational requirements of modern industrial environments, aimed at enhancing efficiency, strengthening business continuity, and enabling a new class of highly reliable industrial communications. Together with next-generation mission-critical smart radios, the network aims to help build a future-ready industrial infrastructure that enables real-time data insights, supports industrial digital transformation, and aligns with the ambitions of Saudi Vision 2030,” said Nabil Al-Nuaim, Aramco Digital CEO.

Unlike public networks, the National Industrial Network has been purpose-built for industrial environments, enabling connectivity for critical assets, supply chains, logistics operations, and autonomous mobility systems. The network seeks to elevate smart industrial services, supporting real-time monitoring, automation, enhanced safety, and higher operational efficiency across industrial sectors.

As part of the launch, Aramco Digital plans to introduce an integrated portfolio of industrial digital solutions powered by the 450 MHz network. These include specialized connectivity packages tailored to diverse sector needs, along with a new generation of mission-critical smart radios designed specifically for industrial operations. The devices combine rugged high-performance design and industrial safety compliance with advanced artificial intelligence capabilities, enhanced sensing technologies, extended battery life, and real-time on-device data processing, helping improve accuracy, safety, and operational continuity in complex environments.

The network has also been designed to support a wide spectrum of industrial IoT applications, including asset condition and performance monitoring, fleet tracking, air-quality and environmental sensing, intelligent video monitoring, smart metering, lighting and infrastructure control, as well as mobility and fleet-management solutions. These capabilities enhance operational transparency, automation, and efficiency across both industrial and public sectors.

The National Industrial Network aims to help establish a strong technological foundation for Saudi Arabia’s next industrial phase, contributing to the objectives of Vision 2030 by delivering highly reliable, nationwide industrial connectivity that enables automation, intelligence, and advanced digital services across vital sectors. By developing connectivity solutions aligned with the needs of modern industrial operations, Aramco Digital is helping shape the future of mission-critical digital infrastructure in the Kingdom, moving beyond traditional telecommunications to enable continuous interaction between devices, machines, and AI-powered systems, and strengthening real-time decision-making through edge processing.

The 450 MHz National Industrial Network represents more than an improvement in coverage or performance. It is a strategic step toward smarter, more autonomous, and technology-driven industrial ecosystems that enhance operational excellence and set a new benchmark for advanced digital infrastructure in Saudi Arabia.

With the accelerating pace of digital transformation in the Kingdom, secure and reliable connectivity has become a fundamental pillar in supporting operational requirements and driving economic growth. Organizations across various sectors— including industrial sectors and those enabling future economies — are increasingly relying on advanced connectivity solutions and technologies to enhance safety and reliability, improve operational efficiency, and unlock new horizons for sustainable economic development.