Aramco urges joint efforts to boost sustainability

Aramco Executive Vice President of Technology and Innovation Ahmad O. Al-Khowaiter speaks at an event in Bahrain on Tuesday. (Supplied)
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Updated 09 September 2025
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Aramco urges joint efforts to boost sustainability

  • Al-Khowaiter highlights the company’s commitment to advancing solutions in water conservation and energy efficiency

RIYADH: Aramco Executive Vice President of Technology and Innovation Ahmad O. Al-Khowaiter on Tuesday emphasized greater collaboration to advance innovative solutions in water conservation and energy sustainability.

According to a press release, the top official was speaking at the Global Water, Energy and Climate Change Congress in Bahrain. It said that Al-Khowaiter highlighted the company’s commitment to advancing solutions in water conservation and energy efficiency, emphasizing that collaborative innovation is key to meaningful change.

On the need for greater collaboration, Al-Khowaiter said: “Meeting these global challenges requires a level of collaboration that is faster, deeper, and more inclusive than ever before. For me, collaboration is the catalyst for innovation — and innovation is the driver of global transformation. This cross-pollination of ideas is key to gaining fresh perspectives and scaling up cutting-edge solutions. By working together — truly as one team — we can accelerate the transformation needed to secure a more sustainable water and energy future for all.”

Addressing the importance of a realistic energy transition, he added: “Even with trillions of dollars invested in alternatives, we cannot simply abandon the oil and gas infrastructure that continues to power modern civilization. That is why technologies such as carbon capture and storage, direct air capture, and AI-driven efficiency improvements are not just promising — they are essential to achieving meaningful emissions reductions and a sustainable future.”

On Aramco’s water conservation initiatives, the official said: “At Aramco, we are committed to water stewardship through a range of initiatives, including diversifying our water supply. We are increasing wastewater reuse and we are minimizing water losses across our operations and communities. We are leveraging digital solutions to drive greater efficiency, and I am proud to share that last year alone, we reduced our freshwater consumption in Aramco by nearly 8 percent.”

The Global Water, Energy and Climate Change Congress, held from Sept. 9 to 11 under the patronage of Shaikh Khalid bin Abdulla Al-Khalifa, deputy prime minister of Bahrain, gathers over 5,000 international policymakers, researchers, and industry leaders. 

This year’s event is organized in collaboration with Aramco, the UN Environment Program, and Bahrain’s Ministry of Oil and Environment.


Closing Bell: Saudi main index closes in red at 10,414 

Updated 17 December 2025
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Closing Bell: Saudi main index closes in red at 10,414 

RIYADH: Saudi Arabia’s Tadawul All Share Index closed lower on Wednesday, shedding 38.85 points, or 0.37 percent, to finish at 10,414.06. 

Total trading turnover on the benchmark index reached SR3.46 billion ($920 million), with 123 stocks advancing and 134 declining. 

The Kingdom’s parallel market Nomu also shed 41.61 points, or 0.18 percent, to close at 23,428.67. 

The MSCI Tadawul Index edged down 0.45 percent to 1,368.36. 

Arabian Drilling Co. was the best-performing stock on the main market, with its share price rising 6.8 percent to SR102.90. 

Naqi Water Co. gained 4.30 percent to SR58.25, while Saudi Ground Services Co. advanced 3.78 percent to SR38.42. 

Tihama Advertising, Public Relations and Marketing Co. saw its share price fall 4.95 percent to SR16.31. 

AlAhli REIT Fund 1 also declined 3.53 percent to SR6.29. 

On the announcements front, United Mining Industries Co., listed on the parallel market, said it has begun commercial production of gypsum board at its plant in Yanbu. 

In a Tadawul statement, the company said the financial impact of the project’s commercial production will be reflected in the first quarter of 2026. 

United Mining Industries Co.’s share price was unchanged, closing at SR42.54.  

Dkhoun National Trading Co. said its shareholders approved the board’s recommendation to distribute interim dividends on a semi-annual or quarterly basis for 2025. 

According to a Tadawul statement, shareholders also approved transferring the balance of the company’s statutory reserve, valued at SR2.43 million, to retained earnings. 

Dkhoun National Trading Co.’s shares saw no trades and closed at SR65.