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BE2C2 | BE2C2 | Irshad Salim Associates

Iceland drills 4km deep into volcano to tap clean energy

Open data reveals Pakistan’s huge solar potential –specially in Balochistan

Japan keen to invest in Karachi and other parts of Sindh, Pakistan

Finance creating new alliances across Asia –including benefits of rivalry

Solar Power is Making a Huge Difference in Sub-Saharan Africa

Dubai’s 360 degree rotating tower: Italian firm secures GCC patent

Top global, local experts conference in Riyadh –to focus on Saudi Vision 2030

Can crowdfunding help scale up solar power for Africa’s and So Asia’s poor?

Global halal cosmetics, hair care market to reach $54bln by 2022

First solar-powered gas station (petrol pump) opens in Dubai

Kingdom’s Alfanar Group enters Egypt renewables sector with $200m solar, wind projects

Trump Seeking to Reduce Corporate Tax Rate From 35 Percent to 15 Percent

Saudi Arabia to Offer 1GW of Renewable Energy Contracts in 2017

Sri Lanka battles labor shortage amid massive construction boom, Pakistan could be next

Court of Appeals denies full-bench review of Trump travel ban, 162 tech firms file brief

Internet Access More Important than Laundry Facilities for Apartment Dwellers in U.S.

Saudi Kingdom May Offer Cheap, Interest-Free Loans to Spur Job-Rich Industries

Chinese discuss ‘Tianjin-Karachi twin cities’ with Pakistan officials, investment in Sindh

Saudi Arabia launches renewable energy data center for investors, project developers

Major Western leaders to skip China’s New Silk Road Summit in May

Nationals of 18 countries including GCC can now visit Russian Far East without visas

Saudi Arabia Seeks 30 Solar, Wind Projects in $50Bln Public-Private Partnership Pledge

Bangladesh targets 42 billion dollar energy investment by 2030

Italian contractor Salini awarded $300m contract to refurbish Riyadh icon ‘Al Faisaliah’

14 Arab states sign MoU to establish joint electricity market, cooperate on renewables

President Xi discusses gasline investment in Alaska –on way back to China

Pakistan to outsource three major airports on public-private partnership

A ‘solar boom’ is coming to India and companies are lining up to profit

51 firms shortlisted for Saudi solar, wind energy projects

Saudi Public Investment Fund announces plans for entertainment city with Six Flags theme park, safari

China invites U.S., UK to participate in One Belt One Road Intitiative

CO2 levels heading towards values not seen in 200m years, the sun gradually getting stronger over time

Chinese economist advises Pakistan to move away from agriculture

Saudi Aramco installs 80 meter high wind tower– first in the Kingdom

Trump Meets with Women-Owned Small Business Enterprises at the White House

Saudi developer makes foray in Europe with $320m investment in Irish mall, waterfront project

Coal Ash Demand in US Leads to Imports From China, India, Poland

Big 5 Saudi construction expo includes 48 free Continuing Professional Development (CPD-certified) workshops

China-led Asian Infrastructure Investment Bank adopts debarment list of major multilateral banks

A giant U shaped skyscraper designed for New York City could be the longest building in the world

China-led Asian Infrastructure Investment Bank adds 13 new members including Canada, extending its reach into North America

Egypt moves from electricity deficit to sufficiency– with 8 fossil fuel plants, renewable energy and Saudi-Egypt electricity connectivity

Dubai consortium for world’s largest solar park inducts new partner: Paris-based EDF Group

Singapore tops world’s most expensive city list for the fourth year running

Saudi Binladin creditors agree to $1.1bn financing extension on Makkah Grand Mosque project

‘Trump wall’ is out for bid– calls for 30 feet high structure ‘aesthetically pleasing’ on U.S. side

China says its coal fired power plants in Pakistan’s Balochistan will benefit 4 million households

Saudi Aramco opens contractors, suppliers relations center in Riyadh

On front line of climate change fighting rising seas, Maldives open to investment from all

Saudi Arabia announces 90-day amnesty for visa and iqama violators

Spiders eat 400 to 800 million tons of insects every year

Indian group Larsen & Tourbro bags $76m contract for Doha Metro Ph 1

Saudi Arabia considers self-sponsorship scheme for expats wanting to do business

North Carolina auctions right to develop offshore wind energy, hailed as job creator

Boeing Inks $3.27Bln Deal to Produce Apache Helicopters for Saudi Arabia

Snapchat is Most Important Social Network Among Millennials: LendEdu Report

Brazil’s Meat-Processing Giants Accused of Selling, Exporting ‘Rotten Meat’

These are the books that Princeton, Harvard and Yale professors recommend we should read

Saudi, U.S. $200bn joint investment program a ‘historical turning point’

World Women Mayors Meet to Tackle Climate Change, Pledge to Use Their ‘Growing Global Power’

More salt water in Egypt’s Nile Delta may make parts of Africa, Middle East uninhabitable by 2100: study

Pakistan’s Farming Sector Faces Serious Threat From Climate Change

Saudi Arabia Plans To Create 1.2M Jobs For Locals By Ending Domination Of Foreigners In Crucial Occupations

Solar-powered cooled safety helmet developed by Qatar University draws interest

These maps show 92pct of us are breathing unsafe air. That’s how bad the problem is

Kuwait to build pipeline, refinery with storage facility in Pakistan

Saudi Arabia readies design for 958km ‘Landbridge’ rail project—linking Jeddah, Riyadh

Parsons Brinckerhoff named one of the top work places in UAE

Saudi artist Abdulnasser Gharem to have his first solo US show in Los Angeles

Pakistan, Switzerland to exchange bank accounts info for monitoring tax evasion

Worlds’ first certified commercial flying car hits the market

German company to store 20MW of wind energy in batteries in Texas

A Made in Pakistan robot serves food at a pizzeria (Video)

Expat remittances from Saudi Arabia fall by 3pct in 2016

India to issue 5-yr multiple entry business visas to Emiratis, expats in UAE

Scientists create super-fast computer using DNA molecules…it ‘grows as it computes’

GCC Rail: Gulf States to discuss 6-nation railway network at April meeting

Rapid aging, shrinking workforce, makes China consider incentives for couples to have second child

NASA Takes Solar Power Generation To A Whole New Level– From Outer Space

Saudi Aramco to invest $7bln in Petronas oil refinery, petrochemical complex

Riyadh Metro’s driverless railcar showcased for journalists, project on schedule for completion in 2019

These Six Men Have as Much Wealth as Half the World’s Population

New Saudi stock market ‘Nomu’ for SMEs opens with gains of 20pct on debut

If Trump Wall Could Cut Illegal Immigration By Only 10%, It Would Pay For Itself: CIS Study

Qatar introduces new arbitration law to help resolve commercial business disputes

Bechtel awarded contract to run key Saudi projects body– the National Project Management Organization (NPMO)

This remarkable video shows how humans spread across the Earth over 200,000 years– from 1m to 7b

Kingdom eyes investment, skills on rare Asia tour of Japan, Indonesia, Malaysia, China, the Maldives

Best days for investors in Pakistani stocks may be behind rather than ahead: Forbes

Saudi Binladin Group receives fresh payments from government on projects -sources

A successful entrepreneur has opened a new meditation studio in New York to cash in on a $1 billion market

How can we prepare our kids for jobs of the future, education systems are failing them

Saudi Arabia wooing Asian investors for stock market; top officials, 14 companies’ executives to tour Singapore and Hong Kong

Air pollution claims two lives every minute in India, says a study

These countries could be the world’s new education superstars, outstripping the BRICS nations

Qatar spending $500m a week ($200bn total) on infrastructure projects for football World Cup 2022

Canada’s Entrepreneur Start-Up Visa Program Will Process 2750 Applications a Year, for 5 Years

Saudi Aramco IPO: JPMorgan, Morgan Stanley and HSBC set for major roles in the largest global offering next year

New storms could imperil California’s massive earthen dam where 200,000 were evacuated

Which industries attract the most venture capital? These countries have the most VC investments

Bright future for solar energy jobs in U.S. and GCC

In a first, Indian Navy uses solar power to light up its warship

GCC gears up for 5pct VAT– starting January 2018

Tata Motors of India launches ‘World Smart Truck’ brand PRIMA in Saudi Arabia

Emerging markets to see $642bn in railway investments in next 10 years; GCC dominates with $240bn in planned projects

Solar becomes ‘cheapest new power source’ in India

UAE-owned Masdar’s 402MW offshore wind farm supplying electricity to British homes

Nine Common Legal Mistakes Small Business Owners Make

100 Saudi educators to study leadership at Oakland University in U.S.

By 2050, global economic power will shift to emerging economies: PWC Report

French company ENGIE builds in Indonesia its first geothermal power plant in the world

TAQNIA to provide connectivity services to its airline clients passengers over MENA, Mediterranean, Europe

Abu Dhabi launches zero waste to landfill project, announces waste to energy plant in Sharjah

Saudi Arabia seeks elimination of $146bn shadow economy

Saudi Arabia Will Invite Bids for Solar and Wind Projects in April

New York State to build the largest offshore wind farm in USA

The Immigrant Entrepreneurs Behind Major American Companies (Infographic)

Jobs of tomorrow “won’t map directly to roles, skillsets, industries we know today”

World’s First Tidal Power Plant (320MW) Is Feasible: Report

Riyadh Metro infrastructure being built with 100-year concrete design mix

This Chilean startup figured out how to pull clean drinking water out of thin air

 China seeeks to build $15b massive rail corridor between Peru, Brazil and landlocked Bolivia

Renewable energy becoming new economic sector in Saudi Arabia; up to $50bn to be invested by 2032

 Four local investors seek licenses to install 200MW solar plants in Pakistan

World Bank revises growth rate of Pakistan (fastest-growing Muslim economy) upwards

Pakistani expats “own” a $587M organization

Saudi plans largest artificial oil canal — aims at transforming the Empty Quarter (Rub Al-Khali)

Saudi Arabia intends to establish a 1,000 km-long canal linking the Arabian Gulf with the Arabian Sea, passing by the Kingdom to facilitate transport of oil, avoiding the Strait of Hormuz. The proposed canal, which is expected to cost $80 billion, would cut in half the current travel time it takes for ships to sail through the Strait of Hormuz…

U.S. Govt. Approves First Wind Farm Off Virginia Coast; 12MW Turbines Will Power 3000 Homes

The first wind research turbines in U.S. waters totaling 12 MW and to be built off the Virginia coast, would power about 3,000 homes – for a price tag of $300 million. Dominion Virginia Power leads the developer team

Chinese scientists develop solar panel that turns raindrops into electric power

BE2C2 Report — Scientists in China have developed an innovative solar panel technology that could turn raindrops into electric power. “The new solar cell can be excited by incident light on sunny days and raindrops on rainy days,” the scientists say.

World’s biggest floating offshore wind farm to be built in Scotland

The world’s largest floating offshore wind farm is to be built in the North Sea, positioning Scotland as a “world leader in floating wind technology” according to Climate Minister Aileen McLeod….

The more you’re connected the more you’ll prosper, says a report; Saudi Arabia most connected in MENA

McKinsey & Co, have found that the more tied-in a country is to the rest of the world, the better its economy fares. It’s a lesson everyone from a Mafia member to an Ivy-League applicant knows only too well: It pays to be connected…

Harvard Business School publishes a case study about Istanbul-based TAV

One of the world’s most prestigious business schools, Harvard Business School, published a case study about the successful operating model and growth strategy of TAV, world’s second largest airport constructors and management companies headquartered in Turkey…

New report on GCC construction firms highlights need for flexible operating models

Construction companies in the Gulf Cooperation Council must reduce manpower and procurement costs and seek flexible operating models to cope with the slowing economy, a new report has urged…

Study: 58,495 bridges in the U.S. found to be ‘structurally deficient’

Nearly 10% of bridges in the United States – 58,495 out of 609,539 – were considered structurally deficient last year and needed repairs, the American Road and Transportation Builders Association reported Thursday…

U.S.-Led Consortium To Build Strategic $2.5B Black Sea Port In Georgia

According to a report, the winning team for the deep-water port in Georgia, includes New Jersey-based Conti Enterprises and California-based designer Moffatt & Nichol…

US firm to use skycranes for installing power transmission towers in Kashmir (Video)

US-based aviation services provider Erickson Incorporated will provide skycranes and other such equipment to install power transmission towers in Indian-administered Kashmir…

$1.1bn Bahrain airport expansion: Arabtec-TAV JV awarded main contract; construction begins

Bahrain has launched its $1.1 billion project to expand the Bahrain international airport with financial assistance from the UAE, aimed to increase its capacity to accommodate 14 million passengers a year…

Saudi business: Kolin Construction, 200 Turkish firms to gain from royal order

Saudi Arabia is encouraging Turkish companies to seek business including its construction sector — the Middle East’s largest construction market with $3 trillion (SR11.25 trillion) worth of planned projects to commence by 2020…

Google’s $200 Million Man: Sundar Pichai, Best-Paid Boss in the US

Google’s parent company known as Alphabet disclosed that its directors elected to give Sundar Pichai — the CEO of Alphabet’s money-making Google unit — the equivalent of stock worth nearly $200 million…

Saudi business leader appeals to king to aid construction firms hit by payment delays

A leading Saudi businessman has asked Custodian of the Two Holy Mosques King Salman to intervene to ensure that the government makes delayed payments to construction companies…

‘Small black holes could be harnessed to provide enough power for the Earth’

Small black holes could be harnessed and provide easily enough power for the Earth, but they might also fall through the ground and into the center of the Earth, Stephen Hawking — the world’s most famous scientist says…

Saudi youths build water pumps for export to US market

A group of young Saudi engineers and technicians are now running one of the largest companies in the kingdom which specializes in the production of pipes, pumps, valves and fluid control equipment. Sixty percent of the company’s products are exported to the US…

Facebook’s next data center in Ireland; will rely completely on renewable energy

BE2C2 Report — Social Media giant Facebook announced today it will be constructing a data center facility from the ground up in a small village in Ireland called Clonee. The 227-acre site of the $18.3b internet company with more than 1.39 monthly active users, will rely completely on renewable energy — wind, specifically

Hill & Knowlton launches financial communication services in Saudi Arabia

RIYADH (BE2C2 Report) – Hill & Knowlton – the world’s leading global communications company last evening launched here H&K Financial — a financial communication and investor relations firm to help businesses navigate uncertainties in emerging markets like the kingdom.

Hyperloop: By 2018, passengers could be traveling from Los Angeles to San Francisco in under 30 minutes

The Hyperloop concept involves firing a train full of people through a low-pressure tube at speeds of up to 740 mph. It has been described by Elon Musk as a mix between Concorde, a rail gun, and an air hockey table. It could take you from Los Angeles to San Francisco in under 30 minutes…

Philadelphia using friction of trains’ brakes to generate electricity at subway stations

The Market-Frankford subway line in Philadelphia is part of a regenerative braking experiment. It has been so successful that officials at the Southeastern Pennsylvania Transportation Authority, or Septa, said on Thursday that they are expanding to seven more stations…

NEW China: Xi’s Middle East visit touts development, connectivity, free trade, and more

China and Egypt signed $15 billion worth of agreements during President Xi Jinping’s five-day visit to the Middle East this week during which he also visited Saudi Arabia and Iran and discussed regional peace, connectivity and development prospects…

UAE, Saudi Arabia upbeat on creating economy beyond oil

BE2C2 Report: Saudi Arabia and the UAE — MENA’s two biggest players have embarked on creating economies beyond oil as the low oil price environment is beginning to look like a catalyst for reforms in these countries whose combined GDP exceed $1.15 trillion…

More plastic than fish in oceans by 2050

Plastic has become one of the world’s most popular materials, combining amazing functionality and very low production costs. Its use has increased 20-fold in the past 50 years and is expected to double again in the next 20 years. Only 14% of plastic packaging is recycled, while 58% of paper and up to 90% of iron and steel gets recycled.

Video: Riyadh Metro scheduled for completion in 2018

BE2C2 Report — Riyadh Development Authority (ADA) released a video highlighting construction progress on the Riyadh Metro development in the Saudi capital.Reports have previously claimed that construction work on the project is delayed behind its original schedule.

U.S. to INVEST billions in SELF-DRIVING cars – to REDUCE pollution, FUEL USAGE, accidents

Self-driving cars got a $4 billion shot in the arm from the US government Thursday, giving Google, Nissan, Mercedes-Benz, Volkswagen, Bosch, Delphi Automotive, Tesla Motors and others a boost in their efforts to compete for the emerging market…

Climate Change: California approves 1500 electric vehicle charging stations

As part of its transportation electrification goal to mitigate climate change, the California Public Utilities Commission has approved a $22-million pilot program that will allow Southern California Edison (electric utility company) to develop a strategy for deploying up to 1,500 electric vehicle charging stations…

62 Percent of American Billionaires Are Self-Made

Of the 585 billionaires in the U.S., 363 — or 62 percent — made their fortunes themselves, says the report by Singapore-based market research company Wealth X in collaboration with Wall Street Journal’s Custom Studio….

S. Arabia to invest $109 billion in renewable energy sector

More than $100 billion in Saudi renewable energy projects will help meet its skyrocketing energy demand and diversify its energy sector, industry experts said in the build-up to the World Future Energy Summit, reported Gulf Today. Renewable energy, like solar and wind power, will also provide room for oil accumulation that increases kingdom’s oil exports, analysts say.

Irish team to operate new airport terminal in Riyadh; privatization of Saudi airports to begin in 3 mos

According to a report in The Irish Independent, the international arm of DAA, which operates Dublin and Cork airports, is poised to sign a major deal to manage the new terminal 5 at Riyadh’s King Khalid International Airport. Al-Sugair, confirmed at the press conference that the Irish team has been selected to run the new terminal 5 at the airport, according to news agencies.

GCC has ‘growing opportunities’ despite a ‘temporary’ slowdown

The GCC region along with the wider MENA region continues to offer opportunities despite slowdown, Frederic Oudea, Chief Executive of French banking giant Societe Generale, says. Oudea’s comment to Gulf News comes at a time when the GCC economies are facing a slowdown in growth and are in the process of trimming their public spending to cope with a decline in government revenues resulting from fall in oil prices…

Google to help small to medium sized Saudi firms grow on Web

Google has announced its intention to increase its efforts in supporting small to medium sized businesses (SMBs) in Saudi Arabia get online through its dedicated SMB Partner program launched earlier this year. The announcement was made in Riyadh the global search giant’s first ever ‘Think with Google’ event in the kingdom…

26 nationalities control 90 professions in Saudi Arabia, Pakistanis top the list

Expatriates belonging to 26 nationalities are in control of about 90 professions in Saudi Kingdom, a local Arabic daily reported on Monday quoting the study of a survey. The study, conducted by the Saudi Medical Center for Consultations and Studies (SMC), said the Saudis came at the bottom of the list working in only nine professions…

Riyadh to become a leading “global metropole”

The Saudi capital Riyadh is expected to become a leading “global metropole”, its Emir, Prince Faisal Bin Bandar who is also the Chairman of Arriyadh Development Authority, told Oxford Business Group (OBG) in an exclusive interview…

Qatar signs contracts to build 7 cities for 180,000 workers

Qatar signed contracts Thursday for a mega-accommodation project which will see almost 180,000 migrant workers housed in seven specially built “cities.” All seven sites could be in operation within two years, said officials…

Big 5: Mideast’s largest construction show expected to have record year

The Middle East’s largest construction show ‘Big 5’ with technology in focus kicked off on Monday as nearly $3 trillion worth of projects are in the pipeline in the GCC. GCC countries are expected to award approx $196 billion-worth of construction contracts this year, up almost $35 billion compared with 2013, several reports said…

Earth’s Crust Full of Groundwater: Six Quintillion Gallons in Upper 1.2 Miles

Scientists report there are six quintillion gallons of groundwater in the upper 1.2 miles of the Earth’s crust. If you could magically pump it all out of the ground and spread it across the continents, it would form a layer of water 600 feet high, or twice the height of the Statue of Liberty.

What Drones Can Do For Construction Sites

Autodesk, the company, which makes software for 3D design and engineering, has invested in drone start-up Skycatch, which sees a huge opportunity in data from construction as well as mining sites. With automated drones, a contractor could analyze progress on a construction site far quicker than if a human was tracking progress…

Drake & Scull reports 28% drop in 2015 revenues, net loss of $268m in 9 mos

DUBAI — Drake & Scull International (DSI) have reported a 28% decline in revenue for the first nine months of 2015 from $980 in 2014 to $762m. The decline is due to the more conservative approach to revenue recognition and to adjustments for uncertified variations orders and disputed extensions of time claims…

President Obama rejects Keystone XL pipeline from Canada

US President Barack Obama has announced he is rejecting an application to build the Keystone XL pipeline from Canada. Speaking from the White House, he said it would not have served the “national interests” of the US…

China Pakistan Economic Corridor (CPEC): A Game Changer

The $46 billion China Pakistan Economic Corridor (CPEC) is expected to become a game changer in the region. A number of countries were contacting the Pakistan government to enter into the corridor as the mega project would not only benefit the two countries but it would also benefit the entire region…

Are UAVs the Future of Disaster Response?

In October 2015, the United States watched with concern as Hurricane Joaquin created floods in South Carolina at staggering 500-year event levels. The disaster’s impact for residents and businesses is difficult to contemplate, but one innovation that gave us a better perspective was the “reporting” done by unmanned aerial vehicles (UAVs)….

Events of Interest

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