Saudi Crown Prince Mohammed bin Salman launched a project on Monday to build the kingdom’s first nuclear reactor.
Described as a low-energy nuclear research reactor by the state-run Saudi Press Agency, the project is among seven other strategic developments which the prince launched during a visit to King Abdulaziz City for Science and Technology, a government research facility in Riyadh.
Saudi officials say they plan to build 16 nuclear facilities over the next 20 years at an estimated cost of $80 billion (Dh294 billion).
The crown prince also laid the foundation stone for an aircraft research centre at King Khalid International Airport.
The other projects will be directed towards renewable energy, water desalination, and genetic medicine.
The projects form part of the crown prince’s Vision 2030, an ambitious plan to rebrand the kingdom as a modern economy, diversifying away from a reliance on oil revenue.
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Read more:
Saudi Arabia's non-oil economy expands on higher output growth and orders
UAE non-oil private sector growth slows in July to three-month low, Emirates NBD says
Saudi non-oil economy grows to its highest so far this year
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BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
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Du Plessis plans his retirement
South Africa captain Faf du Plessis said on Friday the Twenty20 World Cup in Australia in two years' time will be his last.
Du Plessis, 34, who has led his country in two World T20 campaigns, in 2014 and 2016, is keen to play a third but will then step aside.
"The T20 World Cup in 2020 is something I'm really looking forward to. I think right now that will probably be the last tournament for me," he said in Brisbane ahead of a one-off T20 against Australia on Saturday.
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The%20Specs
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The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
