Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Saudi Arabia and the Netherlands put energy and clean hydrogen first

Saudi Arabia and the Netherlands put energy and clean hydrogen first

Saudi Arabia and the Netherlands strengthen their cooperation in the field of energy, with a focus on clean hydrogen.

Saudi Arabia and the Netherlands signed a memorandum of understanding on Thursday to work together to develop green energy and hydrogen. The Netherlands may be the primary destination for the transport of hydrogen derived from renewable energy sources from Saudi Arabia to Europe, Saudi energy minister Prince Abdulaziz bin Salman stated at the World Hydrogen Summit in Rotterdam.

Recently, Saudi Minister of Energy Abdulaziz bin Salman and Dutch Minister of Foreign Affairs Wopke Hoekstra met to discuss the possibility of using the port of Rotterdam as the doorway to export clean hydrogen from Saudi Arabia to Europe. Besides, the Saudi Green Initiative and the Middle East Green Initiative were also a part of discussion, highlighting Saudi Arabia’s commitment to promote clean energy and combating climate change.

"Rotterdam would be our hub to Europe," the prince said, adding the Netherlands and Germany would be Saudi Arabia's most trusted "natural partners" in the green hydrogen trade and export. This brand new cooperation between Saudi Arabia and the Netherlands on clean hydrogen is part of a broader trend of countries, which are working together to develop a global hydrogen economy.


Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...