Saudi water reforms hand Kingdom’s economy a head start as global supply problems increase

At least 112 countries are facing high or even extreme water stress (Shutterstock)
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Updated 04 January 2023
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Saudi water reforms hand Kingdom’s economy a head start as global supply problems increase

RIYADH: Reforms to Saudi Arabia’s water sector are set to give the Kingdom a “competitive advantage” over other countries which face supply problems, according to a new analysis by the Saline Water Conversion Corp..

The report from the organization highlights how Saudi Arabia — one of the most water-stressed countries in the world — is taking a range of measures to ensure its water security as a foundation to achieve the socioeconomic transformation targeted in the Vision 2030 plan.

The actions include reducing water demand by optimizing use in agricultural production, increasing water supplies by increasing desalination and storage capacity, and improving the resilience of the water system by boosting transmission and interlinkage projects.

SWCC notes that at least 112 countries are facing high or even extreme water stress entirely or in parts of their territory, with countries in the Middle East and North Africa, among the hardest hit.

“With increasing water stress across the world, water will soon emerge as a key limiting factor to socioeconomic development, giving countries that have invested in creating a water-resilient system a competitive advantage,” the report said.

As Saudi Arabia has limited natural water sources, with most of its total water supply sourced from non-renewable groundwater, the Kingdom is ramping up investment in desalination plants and strategic storage.

“SWCC is investing in increasing its capacity to desalinate, transmit, and store water to meet increasing demand and further enhance water supply security. Today, Saudi Arabia can store 21 million cubic meters, which is equivalent to 2.2 days of current municipal water demand,” said the report.

The analysis further pointed out that projects are ongoing in the Kingdom to expand storage capacity by 14 percent, and the expansion of a further 225 percent is planned to reach seven days of strategic storage by 2030.

The Kingdom is also planning to increase desalination capacity by an additional 17.4 percent by 2030.

Saudi Arabia is also reducing water demand by optimizing water usage in agricultural production.

In the past, farmers in Saudi Arabia who primarily cultivate wheat mostly relied on non-renewable groundwater, which ultimately resulted in its depletion.

To combat this, it was decided to change the policy and phase out the production of water-intensive crops – such as wheat and alfalfa – between 2008 and 2016, said SWCC in its report.

The Kingdom also aims to increase treated wastewater and reuse it for irrigation.

“Vision 2030 targets achieving 100 percent treated wastewater, of which 70 percent will be reused. In 2021, 86 percent of wastewater is being treated, and 26.12 percent is being reused,” SWCC said in the report.

The full report can be read here.


Egypt-born Dina Powell McCormick appointed Meta president and vice chairman

Updated 13 January 2026
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Egypt-born Dina Powell McCormick appointed Meta president and vice chairman

  • The former Goldman Sachs partner and White House official previously served on Meta’s board of directors
  • Powell McCormick, who was born in Cairo and moved to the US as a child, joins the management team and will help guide overall strategy and execution

LONDON: Meta has appointed Egypt-born Dina Powell McCormick as its new president and vice chairman.

The company said on Monday that the former Goldman Sachs partner and White House official, who previously served on Meta’s board of directors, is stepping up into a senior leadership role as the company accelerates its push into artificial intelligence and global infrastructure.

Powell McCormick, who was born in Cairo and moved to the US as a young girl, will join the management team and help guide its overall strategy and execution. She will work closely with Meta’s Compute and infrastructure teams, the company said, overseeing multi-billion-dollar investments in data centers, energy systems and global connectivity, while building new strategic capital partnerships.

“Dina’s experience at the highest levels of global finance, combined with her deep relationships around the world, makes her uniquely suited to help Meta manage this next phase of growth as the company’s president and vice chairman,” Meta founder and CEO Mark Zuckerberg said.

Powell McCormick has more than 25 years of experience in finance, national security and economic development. She spent 16 years as a partner at Goldman Sachs in senior leadership roles, and served two US presidents, including stints as deputy national security adviser to Donald Trump, and a senior State Department official under George W. Bush.

Most recently, she was vice chair and president of global client services at merchant bank BDT & MSD Partners.