Beneath the Sands: How GeoMap™ Middle East Unveils a Geothermal Renaissance

Revealing the Gulf’s Geothermal Promise

Project InnerSpace today announced the launch of GeoMap™ Middle East, a groundbreaking geothermal exploration tool that reveals vast geothermal potential in the Gulf region for cooling, long-duration energy storage, and round-the-clock power applications.

Geothermal energy, the heat naturally occurring in the Earth's crust, is an abundant and ubiquitous source of energy. Advances in drilling and subsurface technologies are making geothermal affordable and scalable in regions once thought inaccessible. In the Middle East, that progress is especially important, since geothermal can deliver the constant, low emissions energy needed to meet rising demand for cooling in some of the world's hottest, fastest-growing cities.

Technical Insights and Regional Opportunities

In the Middle East, geothermal can also complement record-breaking solar investments by providing long-duration energy storage. Importantly, the Middle East is uniquely positioned to scale geothermal quickly, given the region's decades of drilling expertise and robust oil and gas industry presence, providing the know-how, workforce, and assets needed for rapid deployment.

`GeoMap™` evaluates geothermal development potential by integrating millions of subsurface data points into an interactive, freely accessible platform. Initial findings in the Gulf region identify:

Urban cooling applications: In Gulf states, cooling drives up to 70% of peak electricity demand. Geothermal district cooling could slash that peak, easing grid strain in cities like Riyadh, Dubai, and Doha. GeoMap™ shows ~14,000 GW of cooling potential, with Iran, Egypt, Iraq, and Turkey providing two-thirds of capacity; Saudi Arabia, UAE, and Qatar also hold major opportunities.

Subsurface storage opportunities: Geological formations across Iraq, Syria, the Gulf states, northern Saudi Arabia, and Yemen could serve as "earth batteries," storing excess solar and wind energy as heat in deep sedimentary basins and releasing it on demand to balance the growth of intermittent renewables.

High-potential geothermal zones: The Red Sea Rift (western Saudi Arabia/northern Yemen) holds potential for gigawatt-scale power production and desalination; eastern Turkey and northern Iran also have strong power potential. Both areas hold opportunities for geothermal powered data centers.

Strategic and Economic Implications

“One of the most exciting things about the geothermal development potential in the Gulf region is the fact that the resource sits below some of the world's most capable and resourced oil and gas companies - the very entities with the required expertise to develop these resources, and the ability to deliver the speed and scale necessary to make geothermal relevant for the world,” said Jamie Beard, Executive Director of Project InnerSpace.

`GeoMap™ Middle East` builds on previous releases of GeoMap™ in Africa, North America, India, Asia, and Oceania, advancing a global effort to map geothermal opportunities and make next-generation geothermal data freely accessible. Consequently, policymakers, investors, and industry leaders can now evaluate concrete projects, accelerate pilot deployments, and leverage existing drilling capacity to transform regional energy systems.

A New Dawn for Iraq: Alkhorayef Industries Expands Horizons

Commitment to Iraq’s Growth

In a remarkable demonstration of its commitment to Iraq's industrial and agricultural development, Saudi Arabia’s Alkhorayef Industries Company recently inaugurated a new factory in Iraq. With an initial annual production capacity of 1,500 irrigation systems, this facility emphasizes Alkhorayef’s dedication to enhancing Iraq's food security and water sustainability. The establishment of this factory not only signifies investment in local industry but also illustrates a collaborative spirit aimed at addressing pressing agricultural challenges.

The inauguration ceremony took place in the presence of esteemed dignitaries. His Excellency Dr. Khaled Batal Al-Najm, Iraq’s Minister of Industry and Minerals, graced the event alongside the Deputy Ambassador of Saudi Arabia to Iraq. They were received warmly by Engineer Mohammed bin Abdullah Alkhorayef, Chairman of Alkhorayef Industries, who presented a comprehensive overview of the project. This gathering highlighted the importance of fostering cooperation between Alkhorayef Industries and the Ministry of Industry and Minerals, emphasizing shared goals for growth.

A Catalyst for Change

Furthermore, the launch of this factory represents a significant milestone in bolstering Iraq’s agricultural sector. By directly addressing the irrigation needs of farmers, Alkhorayef Industries establishes itself not only as a manufacturer but as a key partner in the country's long-term development strategy. The facility serves as a catalyst for technological advancement in irrigation practices, which can lead to improved crop yields and sustainable farming.

Moreover, this initiative holds promise for creating job opportunities within the region. As the factory begins its operations, local economies may experience revitalization through employment and training programs. Consequently, the ripple effects of this investment may contribute positively to the community, reinforcing the notion that sustainable industrial practices are essential for the progressive development of Iraq’s agricultural landscape. In essence, Alkhorayef Industries is paving the way for a brighter future while reaffirming its role as a trusted ally in Iraq's journey towards self-sufficiency and prosperity.

Bridging Borders: The Emergence of Fintech in Riyadh

The Flourishing Fintech Landscape in Saudi Arabia

Riyadh, Saudi Arabia, stands at the forefront of a transformative era in the financial technology sector. As highlighted by Saudi Arabia's National FinTech Strategy, the Kingdom is rapidly establishing itself as the Middle East's fintech hub. With projections indicating that the fintech market will burgeon from USD 64 billion in 2024 to over USD 87 billion by 2029, the momentum is palpable. Currently, more than 200 fintech companies are operational within the Kingdom, positioning Riyadh as the natural destination for innovators seeking to make their mark in the region.

This burgeoning ecosystem is not limited to local enterprises; it also provides a fertile ground for international players. A notable example is Digital Zone, Iraq's fastest-growing digital commerce platform. Founded in 2020, Digital Zone has quickly garnered a significant user base, serving over five million active customers and processing more than 41 million orders. The platform's success underscores the potential for cross-border collaborations and the sharing of expertise within the region.

Digital Zone: A Beacon of Innovation and Growth

Amidst a backdrop of limited venture capital and a nascent entrepreneurial ecosystem in Iraq, Digital Zone has emerged as a beacon of success. It is among the first Iraqi platforms to achieve national scale and is now strategically exploring growth opportunities in Saudi Arabia. Saif Al-Mufti, the Founder and CEO of Digital Zone, recognizes the significance of this move. He states, "Saudi Arabia's fintech trajectory is unmatched in the region. For Digital Zone, connecting with this ecosystem is a natural step."

The company's recent participation as a strategic sponsor of Bridge Baghdad exemplifies this ambition. Organized by Value Makers Studio (VMS) and KAPITA Business Hub, and supported by Orange Corners Baghdad, the program held at the Center of Digital Entrepreneurship (CODE HQ) in Riyadh from September 13–15, facilitated meaningful interactions between Iraqi startups and Saudi investors, regulators, and ecosystem leaders. This initiative not only highlights the collaborative spirit between the two nations but also paves the way for future innovations and partnerships that could redefine the fintech landscape in the Middle East.

As Riyadh continues to rise as a fintech hub, opportunities for collaboration and growth will only expand. The presence of pioneering companies like Digital Zone serves as a testament to the region's potential and the possibilities that lie ahead in the world of financial technology.

Heat Waves and High Hopes: JETOUR’s Epic Endurance Challenge

Alright, folks! Buckle up because JETOUR is about to take us on a wild ride across the scorching sands of the Middle East! After nailing its extreme cold challenge, the brand is ready to tackle the heat with an epic cross-border expedition. Picture this: starting at the end of June and stretching for a full month, JETOUR will cover over 3,000 kilometers through some of the hottest climates imaginable. From Oman, they’ll cruise through the UAE, Bahrain, Qatar, Iraq, and Kuwait, before culminating at the breathtaking “Edge of the World” in Saudi Arabia. Yep, you heard that right!

Now, you might be wondering what’s behind this crazy adventure. Well, the star of the show is none other than the T2 i-DM, JETOUR’s first hybrid SUV, making waves since its debut in Qatar last December. This vehicle isn’t just here to look pretty; it’s ready to prove its mettle. With a series of demanding test scenarios lined up, including extended desert driving and solar load testing, the T2 i-DM will showcase its performance capabilities under extreme conditions. Can you say “ultimate road trip challenge”? 

The Star Performer: T2 i-DM

Let’s talk about the real MVP here—the JETOUR T2 i-DM! This hybrid upgrade of the popular T2 is not just a pretty face; it’s loaded with features that make it a standout in the SUV market. With a combined fuel consumption of only 0.8L/100km and a pure electric range of 139 km, it’s the perfect companion for everything from your daily commute to adventurous camping trips. Plus, it even supports high-power external discharge for those outdoor escapades! Talk about versatility!

And don’t forget, JETOUR is not just about performance; they’re also about building a community. They’ve invited top auto media, influencers, and professional drivers from the Middle East to join this specialized team for the expedition. It’s all about putting the T2 i-DM through its paces and showcasing its strength in harsh environments. With JETOUR already ranking 4th in SUV sales in 2025, this challenge is sure to boost its recognition and growth even further. So, keep your eyes peeled for updates on this thrilling journey—this is one road trip you won’t want to miss!

Strategic Alliances in Oil Production: KBR's Continued Partnership with Basra Oil Company

In an important development for the oil industry in Iraq, KBR announced today that it has secured the renewal of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon Oil Field for an additional two years. This contract extension not only underscores the robust partnership between KBR and BOC but also highlights their collective commitment to enhancing Iraq's energy sector. Under this renewed contract, KBR will continue to provide comprehensive EPCM services, which are critical for sustaining forecasted production capacity at the Majnoon Oil Field.

The Majnoon Oil Field, known for its strategic significance, requires a collaborative approach to maximize operational efficiency. KBR's involvement will undoubtedly enhance local content, thereby promoting sustainable growth within the region. Jay Ibrahim, President of KBR Sustainable Technology Solutions, emphasized the importance of this contract extension, noting that it reinforces KBR's ongoing commitment to Iraq’s national energy strategy and the sustainable development of the Majnoon field. Clearly, KBR is dedicated to not only supporting the immediate needs of BOC but also contributing to Iraq's long-term domestic capacity enhancement.

Commitment to Local Development and Safety

Moreover, KBR’s strategy involves employing a high number of local professionals in Iraq, which is essential for meeting targeted percentages at the Majnoon site and other regional hubs. This local workforce enables KBR to ensure the seamless execution of ongoing and upcoming projects, particularly as part of the Growth II Program. By focusing on local talent, KBR not only fosters community development but also aligns with global best practices in project execution.

Mr. Kadhim Kareem, CEO of the Majnoon Field at Basra Oil Company, clearly articulated the mutual benefits of this partnership. He stated, “KBR will continue to be our strategic partner in EPCM projects in Majnoon, successfully supporting our long-term development goals and maximizing field potential through safe, efficient, and sustainable project execution.” This statement reflects the shared vision between KBR and BOC, emphasizing a commitment to safety and efficiency in all operations. 

The renewal of KBR's contract with Basra Oil Company represents a significant milestone in Iraq's oil production landscape. Through strong partnerships and a focus on sustainable practices, both companies are positioned to drive growth and enhance operational performance in one of the country's most vital assets.

GAC Takes the Middle East by Storm: A Trio of Launches You Can't Miss!

Hey there, car enthusiasts and curious readers! Buckle up because today we’re diving into some exciting news straight from the heart of the Middle East. Recently, GAC (Guangzhou Automobile Group) has turned up the heat with its latest ventures in three key cities: Riyadh, Saudi Arabia; Amman, Jordan; and Erbil, Iraq. These launches are not just about flashy cars; they’re about cultural integration, technological empowerment, and a push towards a global strategy that’s all about connecting with local markets. So, let’s take a closer look at what went down!

The Grand Unveiling: GS8 Traveller Shines in Riyadh

First up, let’s talk about the grand launch in Riyadh, Saudi Arabia, where the GS8 Traveller made its dazzling debut. Picture this: a fusion of offline and online experiences that creates a buzz like never before. That’s right! GAC ingeniously blended traditional launch events with digital engagement, making it easier for everyone to join in on the excitement. Elite figures from Jordan and Iraq, along with media representatives, witnessed this milestone moment, making it a truly memorable experience.

Mr. Wang Shunsheng, the Vice President of GAC INTERNATIONAL, took to the stage to share some big news. He emphasized GAC’s commitment to integrating its three major product brands—GAC, AION, and HYPTEC—in collaboration with the Al Jomaih Group. What does this mean for car lovers? An optimized sales and service network that’s focused on creating a premium mobility ecosystem. How cool is that? The GS8 Traveller isn’t just a car; it’s a part of a bigger vision for the future of transportation in the region.

As the GS8 Traveller rolls into the spotlight, media representatives and guests couldn’t help but rave about its powerful performance and practical features. They predict it will soon become the go-to choice for travel and family outings in the local market. After all, who wouldn’t want a reliable, stylish vehicle to take on adventures? With GAC’s dedication to enhancing the customer experience, it looks like there’s a bright road ahead!

Expanding Horizons: Showroom Openings in Amman and Erbil

Now, let’s shift gears and head over to Amman, Jordan, where GAC also launched the GS8 Traveller alongside a brand-new showroom. This event was all about bringing the GAC brand culture to life, and it didn’t disappoint! The showroom is a sleek blend of international design and personalized service, making it a welcoming space for potential buyers. It’s not just a place to buy a car; it’s a hub for community engagement and interaction with the brand.

In Erbil, Iraq, GAC unveiled another flagship showroom, launching the EMPOW 2.0T, the GS8 Traveller, and the GS8 Hybrid Edition. This simultaneous unveiling really showcases GAC's commitment to the region. Mr. Zhang Yongming, the General Manager of GAC INTERNATIONAL Middle East, made clear that GAC is just getting started. He promised more premium models and top-notch services, ensuring that consumers in the Middle East receive nothing but the best. 

What does this mean for potential customers? It’s all about choice! With a diverse lineup of vehicles and a focus on quality, GAC is setting itself up to be a major player in the Middle Eastern automotive market. Plus, the emphasis on cultural integration means that GAC is dedicated to making sure their vehicles resonate with local values and preferences. Talk about a win-win!

Looking Ahead: A Bright Future for GAC in the Middle East

So, what’s next for GAC in the Middle East? Well, if the recent launches are any indication, we can expect even more exciting developments in the pipeline. GAC is committed to deepening local partnerships and cultivating the market, which means we’re likely to see a richer product lineup and enhanced services that cater to the unique needs of consumers in the region.

GAC’s recent events in Riyadh, Amman, and Erbil mark a significant step in their "One GAC" globalization strategy. With a focus on cultural integration and technological empowerment, GAC is not just bringing cars to the Middle East; they’re building a community around quality, service, and shared values. So, keep your eyes peeled, because the future of mobility in the Middle East looks incredibly promising! Who knows? You might just find yourself behind the wheel of a GS8 Traveller sooner than you think!