Dakar and CATRION team up to elevate catering experience at Dakar Rally Saudi Arabia 2025    Projected funding needs for 2025 estimated at SR139 billion as per annual borrowing plan    Red alert issued in Jeddah as NMC forecasts heavy rain on Monday    Riyadh Emir offers funeral prayer for mother of Prince Al-Waleed bin Talal    60 trucks cross to Jordan in first convoy of Saudi Relief Land Bridge for Syria    Elon Musk confirms Starlink application to launch internet services in Pakistan    Elm enhances brand identity by introducing 'Human, Ambition and Technology' elements The move comes as part of the company's efforts to position itself as a leader in digital landscape, further establishing KSA's presence in global digital economies    GASTAT: Per capita water consumption falls by 10%, reaching 102 liters per day, in 2023    Major winter storm sweeps central U.S., bringing snow, ice, and plunging temperatures    South Korea court rejects President Yoon's objections to detention order    Israeli attacks in December killed 10 Palestinian journalists    Georgia to deport 25 foreign nationals arrested during anti-government protests    KSrelief delegation carries out field visits to Syrian hospitals; meets UNHCR officials Saudi Arabia opens door to volunteering in over 20 medical specialties to support Syria    Bahrain stage dramatic comeback to defeat Oman and claim Khaleeji Zain 26 title    AC Milan beats Juventus 2-1 to reach Supercoppa final against Inter    Ronaldo eyes AFC Champions League glory with Al Nassr    Meghan announces new Netflix lifestyle show    SFDA warns against using SHTINE bottled water due to high bromate levels    Angelina Jolie and Brad Pitt reach divorce deal    Philip Morris leverages tech, innovation for smoke-free world    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







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Assistant Minister of Petroleum and Mineral Resources for Petroleum Affairs: The World We Live in Is Changing Faster than Ever Leading to the Emergence of New Patterns of Economic Relations 7 Riyadh

term energy market fundamentals, and our strong conviction the region will play a key role in meeting the expected increase in energy demand, every effort is being taken by GCC governments to maintain and improve their standing in the global political, economic and energy system. In order maintain its export capability, the GCC has been working hard on new programmes to increase the efficiency in its energy use. As I argued recently in an article 'although the growth in energy demand is partially attributed to the industrial growth and growing economic prosperity in the Kingdom, a rather significant portion of it results from the inefficient use of energy; deeming this accelerated growth unsustainable.'
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19:51 LOCAL TIME 16:51 GMT
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