Saudi green efforts paying off as Kingdom ranks first globally in renewable production 

Saudi Arabia also ranked first in the Arab world, and 20th globally in terms of carbon dioxide emissions reduction. (Supplied)
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Updated 28 March 2023
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Saudi green efforts paying off as Kingdom ranks first globally in renewable production 

RIYADH: Saudi Green Initiative has started reaping the results as the Kingdom has been ranked first globally in renewable energy production, according to the latest Green Future Index report.

Saudi Arabia’s Ministry of Energy announced that the Kingdom has also advanced 10 places in the overall ranking of the Green Future Index to garner the 51st spot — a milestone achievement made just two years after the launch of the SGI by Crown Prince Mohammed bin Salman.

The Green Future Index ranking is published by the Massachusetts Institute of Technology in the US, and it is widely considered one of the most authentic reports that signal the progress made by countries in terms of sustainability.

Saudi Arabia also ranked first in the Arab world, and 20th globally in terms of carbon dioxide emissions reduction.

The SGI is considered one of the most effective plans adopted by any country to fight climate change. Under this program, 10 billion trees will be planted in the Kingdom to revive the health of the environment.

Since the launch of the SGI, Saudi Arabia has planted 18 million trees within the Kingdom and of those 13 million are mangroves.

Under the goals outlined in SGI, Saudi Arabia is also eyeing to achieve the target of placing 30 percent of its land and sea territory under protection by 2030.

Regionally, the SGI plans to plant 50 billion trees across the Middle East and restore an area equivalent to 200 million hectares of degraded land, which will in turn reduce global carbon levels by 2.5 percent.

Apart from planting trees to ensure sustainability, the SGI is also steadily steering the Kingdom to become a global leader in carbon capture technology and renewable energy production.

Earlier in March, a report released by S&P Global revealed that Saudi Arabia and the UAE are leading the region’s fight against climate change by producing 90 percent of the Gulf’s renewable energy.

According to S&P Global, installed solar capacity in the two countries surged from 165 megawatts in 2016 to 3 gigawatts by the end of 2021.


Dar Global launches $1bn Trump Plaza project in Jeddah 

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Dar Global launches $1bn Trump Plaza project in Jeddah 

RIYADH: A $1 billion Trump-branded mixed-use development has been launched in Jeddah, expanding Saudi Arabia’s pipeline of high-end real estate projects.  

Dar Global, a London-listed luxury real estate developer majority-owned by Saudi developer Dar Al-Arkan, said the project marks its third collaboration with the Trump Organization in the Kingdom. 

The development, called Trump Plaza Jeddah, will include executive and premium residences, home offices, retail outlets and curated dining offerings, the company said in a statement. 

The launch follows the unveiling of Trump Tower Jeddah in December 2024 and comes as Saudi Arabia steps up efforts to attract private capital and foreign buyers into its real estate sector. 

Eric Trump, executive vice president of the Trump Organization, said: “Expanding our presence in Saudi Arabia with Trump Plaza Jeddah underscores our commitment to world-class quality and iconic design.”  

He added: “This project reflects the strength of our relationship with Dar Global and our confidence in Jeddah as a dynamic, globally relevant city. Trump Plaza Jeddah will set a new benchmark for integrated urban destinations.” 

The lifestyle project will also have a 4,000 sq. meter members-only Vitality Club, featuring golf simulators, a spa, sports medicine and recovery facilities. 

The Vitality Club will also include swimming pools, fine dining, a cigar and library lounge, a coffee bar, and high-performance wellness spaces. 

“The launch of Trump Plaza Jeddah represents a major milestone in our Saudi portfolio. This is not a single-use development, but a carefully curated urban ecosystem designed for global residents who want to live, work, and connect within the best address in Jeddah,” said Ziad El Chaar, CEO of Dar Global. 

He added: “Anchored by a private park and supported by world-class amenities, Trump Plaza Jeddah introduces a new model for modern city living in the Kingdom.” 

The destination will also feature retail and dining concepts, including Trump Grill, Trump Daily, an artisan bakery, and a fitness pro shop, reinforcing the project’s positioning as a district that operates day and night. 

Trump Plaza Jeddah is located within the 1,000,000-sq.-meter Amaya development and is supported by foreign-ownership incentives, a 0 percent capital gains tax and accelerated infrastructure investment, the company said. 

Earlier this month, Dar Global unveiled the first of two Trump-branded projects planned for Riyadh, launching a 2.6 million-sq.-meter Trump International Golf Club in Wadi Safar.