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Saudi Red Sea project secures $3.8 billion ‘green’ loan for new hotels

The hotels form part of a new high-end tourism development across islands, deserts and mountains near the country’s west coast, powered by renewable energy. DUBAI: Saudi Arabia’s flagship tourism project developer, The Red Sea Development Company (TRSDC), has raised a 14.12 billion-riyal ($3.77 billion) ‘green’ loan from four Saudi banks for 16 new hotels, Chief […]

Construction of 5 solar parks underway across Iran -EQ