Middle East Economic Survey

VOL. LIII

No 17

26-April-2010

Saudi Arabia Pursues Energy Diversification Via Nuclear/Renewable City

The Saudi Arabian authorities took a step towards energy diversification on 17 April by announcing they would set up a nuclear and renewable energy city. The worlds largest oil exporter believes alternative energy is needed to meet escalating needs from the electricity generation and desalinated water sectors. A royal decree issued by King 'Abd Allah said that this...