ADQ partners with Dutch agritech firm on Abu Dhabi greenhouse facility: Abu Dhabi’s investment and holding company ADQ signed a partnership agreement with climate-smart agriculture technologies firm Safe Haven Solutions to build a carbon-neutral greenhouse at ADQ’s AgTech Park in Khalifa Economic Zones Abu Dhabi, Wam reports. No financial details or a timeline for the project were disclosed. The first phase of the facility will span 10 hectares, with plans to later double its capacity in the commercial stage to 20 hectares. The greenhouse will be powered by net-zero cooling systems to enable year-round cultivation of tomatoes and cucumbers.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• KSA + Argentina will work on geological cooperation: Saudi Arabia and Argentina inked an agreement to explore and evaluate mineral resources and groundwater reservoirs, conducting risk and impact mitigation reports, and assessing data management techniques. (Saudi Press Agency)
• KSA adopts USB Type-C to cut e-waste: The Saudi government is adopting USB-C chargers as the country’s standard charging ports starting 1 January, 2025. The move will push down annual domestic consumption of charging cables by over 2.2 mn units, reducing some 15 tons of electronic waste annually, and saving consumers SAR 170 mn annually. (Gulf News)
• KSA’s IsDB extends helping hand to Tajikistan: The Islamic Development Bank (IsDB) signed a financing agreement with the government of Tajikistan aimed at improving water management for the country’s agriculture sector through various Islamic financing methods including Murabaha, Salam, Ijara and Musharaka systems. (Saudi Press Agency)
• KSA’s SIRC expands reach globally: PIF-backed Saudi Investment Recycling Company (SIRC) has joined the European Petrochemical Association under a strategic plan to expand its recycling business and bolster cooperation with global counterparts. (Saudi Press Agency)