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NEWSHYDROGEN · SAUDI ARABIA

NDF Chief: SR31.5 billion invested in green hydrogen project

MENA Climate Desk · 8 Nov 2026 · 1 min
NDF Chief: SR31.5 billion invested in green hydrogen project

The Saudi National Development Fund (NDF) and the Saudi Industrial Development Fund have invested SR31.5 billion in a green hydrogen project, in partnership with local and international financial institutions. Under the NDF umbrella, 12 development funds and banks are working collectively to enable projects, expand investment opportunities, and develop national talent for energy security and sustainability.