SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

MUST-READS

  • Big Oil Invests in Startup That Drills for Clean Energy

    Eavor’s technology uses drilling techniques taken from the oil and gas industry to create a roughly 20-centimeter wide (8-inch) hole that forms a loop about 2 kilometers to 3 kilometers (1.25 miles to 1.86 miles) underground. Water then circulates around the closed loop, getting heated up naturally by the earth below. Once on the surface that can be used to heat buildings or turned into electricity.

  • Saudi Arabia starts tests of emergency cell warnings system

    The directorate urged people make sure their phones are updated ahead of the tests and to evaluate the system through a link which will be sent out via SMS. The system will allow authorities to broadcast warnings in specific area to warn and inform residents of emergencies, the report added.

  • Israel cancels participation in UAE defence expo, citing air travel curbs

    Israel has cancelled its planned participation in a major defence expo in the United Arab Emirates next week due to COVID-19 curbs on air travel, Israeli officials said on Monday. Dozens of Israeli defence firms had been due to take part in the IDEX conference in Abu Dhabi from Feb. 21-25 - a first for both countries, which last September established formal relations after closing ranks given their shared worries about Iran.

  • Saudi partners with Philips as part of country’s mission to become leader in AI healthcare

    The Saudi Data and Artificial Intelligence Authority (SDAIA) has partnered with Royal Philips to further support the Kingdom’s “goal of becoming a leader in driving artificial intelligence [AI] in healthcare,” it was announced.

  • SAMI’s first Saudi-US partnership begins operations

    SAMI L3Harris Technologies has been created with the goal of accelerating SAMI’s growth by developing advanced communication, sensor, and integrated mission systems capabilities in support of Saudi Arabia’s armed and security forces. L3Harris Technologies is the first US defence company to form a registered and operational joint venture with SAMI.

  • Foster + Partners designs Coral Bloom resort on Saudi Arabian island

    The Red Sea Project has revealed images of a resort designed by Foster + Partners to "blend in with the natural environment" of a Saudi Arabian island within the Red Sea. Coral Bloom will be made up of 11 hotels on the dolphin-shaped island of Shurayrah, which is part of a chain of 90 undeveloped islands off the west coast of Saudi Arabia that are being developed as part of The Red Sea Project.

  • Saudi Economy Grew 2.8% in Fourth Quarter As Covid Impact Eased

    The largest Arab economy shrank 4.1% last year, flash estimates from the General Authority for Statistics showed Wednesday, the sharpest contraction in more than three decades. The figures are in line with estimates from the International Monetary Fund. Gross domestic product contracted 3.8% in the fourth quarter compared with the same period the previous year.

  • Saudi economy shrank 3.8% in fourth quarter – preliminary data

    Saudi Arabia’s economy shrank by 3.8% in the fourth quarter from the same period a year earlier, preliminary government data showed on Wednesday, but it grew 2.8% on a quarterly basis. The “flash estimates” for quarterly gross domestic product by Saudi Arabia’s General Authority for Statistics did not have a breakdown on how the oil and non-oil sectors performed in the three-month period to the end of December.

  • SAMI’s first Saudi-US partnership begins operations

    SAMI L3Harris Technologies has been created with the goal of accelerating SAMI’s growth by developing advanced communication, sensors, and integrated mission systems capabilities in support of Saudi Arabia’s armed and security forces.

  • Why 2021 Could See More Startups From The Middle East Become Unicorns

    It seems the pandemic had driven the region’s VCs to be more sophisticated and strategic in how they deploy capital, but also to be bolder. Larger amounts of money were flowing into a smaller number of later-stage startups, and in particular to industries that have evolved in the pandemic climate, such as fintech, edtech, and healthtech.