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Halo Space to test Balloon Flight from Saudi
- April 11,2024
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- SUSTG Team
Spanish company Halo Space is in talks with Saudi regulators to set up a base in the kingdom for balloon flights into space. Ongoing tests are planned for Saudi Arabia this summer.
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MBS’ True Legacy
- April 10,2024
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- SUSTG Team
Writing in Al-Arabiya, Richard Wilson, SUSTG president and The 966 Co-host, points out the fundamental (rather than flashy) changes that represent Crown Prince Mohammed Bin Salman’s true legacy.
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U.S. Ambassador Michael Ratney joins The 966 for a truly informative Episode #127
- April 9,2024
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- SUSTG Team
U.S. Ambassador Michael Ratney shares his insights with The 966 in a wide-ranging conversation with Richard Wilson. Just over one year in his position, Amb. Ratney offers his perspective on change in Saudi Arabia and an evolving U.S.-Saudi relationship.
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Saudi Arabia’s Ambassador to the U.N. to Chair Historic Commission on the Status of Women
- April 5,2024
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- SUSTG Team
The United Nations Commission on the Status of Women (CSW) unanimously decided to choose Saudi Arabia to chair the 69th session of the commission during the year 2025, according to reports.
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Saudi Arabia’s non-oil business activity grows robustly in March, PMI shows
- April 3,2024
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- SUSTG Team
Strong demand helped drive non-oil business activity in Saudi Arabia in March, Reuters reports, with output accelerating to a six-month high.
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Saudi Aramco to Expand Huge Gas Plant as Global Demand Surges and Market Dynamics Shift
- April 2,2024
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- SUSTG Team
Saudi Aramco is moving ahead with plans to expand the Fadhili gas processing facility in the kingdom’s Eastern Province as part of its strategy to tap vast and under-developed gas resources within Saudi Arabia, according to a report in Bloomberg.
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Dolce & Gabbana Launches Flagship Saudi Store at Via Riyadh after Approaching KSA Market with ‘Caution and Respect’
- April 1,2024
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- SUSTG Team
Fashion icon Dolce & Gabbana unveiled a unique strategy for Saudi Arabia, opening up a flagship new store in Via Riyadh after approaching the market with “caution and respect,” Vogue Middle East reported.
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KSRelief Spearheads Saudi aid to Gaza and the Globe
- March 29,2024
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- SUSTG Team
King Salman Humanitarian Aid and Relief Centre (KSRelief) provides humanitarian aid and relief to people outside of Saudi Arabia’s borders. KSRelief was established by King Salman bin Abdulaziz in 2015 and works in 46 countries, with a focus on the Middle East and North Africa region.
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PIF Increases Investment in Lucid
- March 27,2024
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- SUSTG Team
Ayar Third Investment Company, a PIF affiliate, will buy $1 billion in convertible preferred stock and will be able to convert the preferred stock into about 280 million shares, according to a regulatory filing with the U.S. securities regulator.
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Saudi Arabia to join Miss Universe for the first time
- March 26,2024
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- SUSTG Team
27-year-old model, influencer, and beauty pageant veteran Rumy AlQahtani announced on Instagram that she will be representing Saudi Arabia in 72nd Miss Universe contest in Mexico later this year.
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MUST-READS
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Saudi Arabia planning to invest $427bn through partnerships: Minister
Saudi Arabia is set to invest SR1.6 trillion ($426.72 billion) through partnerships with the private sector and various countries, the minister of transport and logistics revealed. During the Saudi-EU Investment Forum, Saleh bin Nasser Al-Jasser clarified that the Kingdom aims to increase the number of pilgrims and Umrah visitors to over 30 million and tourists to more than 100 million annually, in alignment with Vision 2030 goals, according to the Saudi Press Agency.
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KC-135s Arrive in Saudi Arabia to Replace Departed KC-10s
KC-135 Stratotankers have arrived in Saudi Arabia to replace the KC-10s which recently left the region for good after 30-plus years of service. The aerial tankers from Fairchild Air Force Base, Wash., arrived at Prince Sultan Air Base on Oct. 2. The 384th Expeditionary Air Refueling Squadron (EARS) will support combat operations throughout the U.S. Central Command area of responsibility.
A spokesperson at Air Mobility Command told Air & Space Forces Magazine that while the exact number of deployed aircraft can’t be revealed for the operational security reasons, the KC-135s are the optimal replacement for the KC-10s with the durations of theater sorties, and the aircraft will meet Global Combatant Command requirements. -
All-woman F1 Academy series to race in Saudi Arabia to start an expanded 2024 schedule
Formula One’s F1 Academy series for female drivers will race next year in Saudi Arabia to start an expanded schedule with a more prominent role in grand prix weekends. The event in March in Saudi Arabia — which lifted a ban on women driving on its roads in 2018 — starts an expanded seven-round calendar announced Tuesday for the F1 Academy in its second season. The series will also race in Miami in May before heading to Spain, the Netherlands, Singapore, Qatar and Abu Dhabi.
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Saudi Arabia-backed mixed martial arts league in talks to purchase rival
The Professional Fighters League is in talks to acquire its mixed martial arts competitor Bellator, as the Saudi Arabia-backed league’s founder goes on a talent acquisition drive. The negotiations follow a $100mn investment in PFL in August by a newly created sports company owned by Saudi Arabia’s sovereign Public Investment Fund. The league, founded in 2017 by US entrepreneur Donn Davis, is looking to go head-to-head with rival Endeavor’s Ultimate Fighting Championship, which has long dominated the mixed martial arts world.
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Rod Stewart rejects Saudi Arabia concert opportunity
Rod Stewart turned down a recent concert opportunity in Saudi Arabia, which has a history of human rights abuses, over his concern for its citizens who have "extremely limited choices," he said in a statement on Instagram.
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Saudi FM takes part in Arab League meeting on Israel-Hamas war
Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan took part in an extraordinary Arab League meeting on the Israel-Hamas war in Cairo on Wednesday. The meeting discussed the military escalation in Gaza and its surroundings, the worsening situation that threatens the lives of civilians and the security and stability of the region, and ways to provide protection for and aid to civilians in the Gaza Strip. During the meeting, making every possible effort to communicate with all international and regional parties to stop the escalation was discussed.
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Neolithic Tools Hint at Unknown Rock Art in Saudi Arabia
The researchers suggest the heavy use of the tools to grind pigments in particular suggest that the Neolithic people at the site were painting on a scale much larger than suggested by the number of rock art sites now known to archaeologists.
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Saudi Arabia and India solidify green energy partnership with new agreement
The signing ceremony took place during the Middle East and North Africa Climate Week 2023, hosted by Saudi Arabia in Riyadh, in collaboration with the Secretariat of the United Nations Framework Convention on Climate Change. The MoU signifies a broad-ranging partnership between the two countries, focusing on electrical interconnection, green/clean hydrogen, and supply chains. In the realm of electrical interconnection, the agreement entails comprehensive cooperation in conducting necessary studies, facilitating electricity exchange during peak times, and addressing emergencies. Both nations commit to co-developing projects related to green/clean hydrogen and renewable energy, leveraging their unique capabilities and adhering to applicable laws and regulations.
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Charting the revival of Najdi fashion and a return to Saudi Arabia’s roots
In an interview with Arab News, the first Saudi professor to have studied the heritage of traditional Arab costumes and textiles, Lailah Al-Bassam, recalled the origins and rise of Najdi fashion following the establishment of the third Saudi state. “Clothes and garments in any place in the world don’t come from nothing — they’re inherited through generations and evolve across time. Therefore, Najdi clothing is at the heart of the Arabian Peninsula and is of Arabic and Islamic roots,” Al-Bassam said.
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Saudi Arabia pours millions into digital theme park start-up
HyperSpace creates elaborate parks that feature a mix of digital and physical entertainment including gaming, an attraction for Saudi Arabia’s relatively young and digitally savvy population. Nearly half a million enthusiasts paying $34 each have flocked to its first location in Dubai, a 40,000-square-foot park, since it opened there nine months ago. The Riyadh-based company plans to expand in Saudi Arabia and beyond to the US. “There’s a big focus on expanding the business” to the rest of the world, Heller said.
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