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Saudi Crown Prince in France to Meet Macron and Attend Global Summit
- June 14,2023
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman headed for France on an official visit, the Saudi Press Agency reported, citing the Royal Court.
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Saudi Arabian Low-Cost Carrier Flynas is in Talks for an Airbus SE Jet Order – Reports
- June 13,2023
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- SUSTG Team
Saudi Arabian low-cost carrier Flynas is in talks for an Airbus SE jet order, people familiar with the matter told Bloomberg, as the main challenger to U.S.-based Boeing eyes major deals from growing Middle East carriers.
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The Saudi PIF Invests in Saudi football, Messi to Miami, and Saudi entrepreneurs Sara Bin Laden and Renad Aljefri join The 966
- June 9,2023
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- SUSTG Team
Saudi entrepreneurs Sara Bin Laden and Renad Aljefri, recent WIN fellows, join The 966 from Jeddah to discuss their experiences and journeys to-date. Renad and Sara recently took part in the second cohort of the Atlantic Council’s Women Innovators Fellowship, known as the WIN fellowship – a program launched by the empowerME initiative of the […]
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Saudi Center for Commercial Arbitration CEO Dr. Hamed Merah joins The 966, LIV Golf in DC and much more…
- June 2,2023
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- SUSTG Team
The 966 talks about the state of business dispute resolution in Saudi Arabia with the CEO of the Saudi Center for Commercial Arbitration, Dr. Hamed Merah, who joins from Riyadh. The 966 talks with Dr. Merah about the SCCA’s rise as a leading dispute resolution body in the region and increasingly, globally. As Saudi Arabia […]
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Lucid Shares Tumble on News of $3 Billion in New Fundraising
- June 1,2023
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- SUSTG Team
Shares of Lucid Group’s stock tumbled today on news that the group is raising about $3 billion in a common stock offering, with the majority of the money coming from the electric vehicle maker’s Saudi owners, the Public Investment Fund.
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Neom Green Hydrogen Company to Start Producing Hydrogen by Next Year, Company Says — Report
- May 30,2023
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- SUSTG Team
Neom Green Hydrogen Co. said it will begin producing the fuel for transportation by 2024, the head of the venture said according to Bloomberg.
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An update on the VC scene in Saudi Arabia with Eyad Albayouk, Saudis in space, Newcastle United rises and much more…
- May 26,2023
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- SUSTG Team
Episode 88! Venture capitalist Eyad Albayouk returns to The 966 to talk about the latest developments in the VC sector in Saudi Arabia as well as the closing of his new startup seed fund with Flat6Labs in Saudi Arabia. The hosts discuss with Eyad the rocky start for new funding rounds in the Kingdom after […]
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Bechtel Saudi Arabia Names Abdulrahman Al-Ghabban New VP of Infrastructure in Kingdom
- May 24,2023
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- SUSTG Team
Bechtel Saudi Arabia has named company veteran Abdul-Rahman Al-Ghabban as new Infrastructure Vice President in the Kingdom of Saudi Arabia, the company confirmed to SUSTG in a press release.
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PIF’s Badeel, ACWA Power Invest $3.25 Billion into Three New Solar Projects in Saudi Arabia
- May 22,2023
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- SUSTG Team
The Water and Electricity Holding Company (also known as Badeel), a wholly-owned company of Saudi Arabia’s Public Investment Fund (PIF), and ACWA Power today announced the signing of power purchase agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development, and operation of three major new solar PV Independent Power Producer (IPP) projects in […]
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‘Salmani’ Architecture, VIA Riyadh opens, rainfall record shattered in Saudi Arabia and much more…
- May 19,2023
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- SUSTG Team
Episode 87! The hosts explore overlapping topics in Salmani architecture and an evolving Riyadh city under King Salman for decades. Kicking things off, Richard’s One Big Thing is the rise of Salmani Architecture – a term the hosts have come across in recent months that is important in understanding the current and new face of […]
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MUST-READS
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How Saudi Arabia is indigenizing the AI revolution and future-proofing its workforce
Riyadh’s adoption of digitalization and emerging technologies is forecast to contribute some 2.4 percent to its gross domestic product by 2030, according to a recent report by global consultancy firm PwC.
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Prince Faisal bin Farhan heads Saudi delegation at UN General Assembly debate
The Saudi delegation included Saudi Ambassador to the United States Princess Reema bint Bandar; Minister of State for Foreign Affairs, Member of the Cabinet and Envoy for Climate Affairs Adel Al-Jubeir; Deputy Minister of Foreign Affairs for Multiple International Affairs Dr. Abdul Rahman Al-Rasi; the Kingdom’s Permanent Representative to UN in New York Dr. Abdulaziz Al-Wasel; and Director General of the Office of Minister of Foreign Affairs Abdul Rahman Al-Daoud.
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Prince Faisal bin Farhan heads Saudi delegation at UN General Assembly debate
The Saudi delegation included Saudi Ambassador to the United States Princess Reema bint Bandar; Minister of State for Foreign Affairs, Member of the Cabinet and Envoy for Climate Affairs Adel Al-Jubeir; Deputy Minister of Foreign Affairs for Multiple International Affairs Dr. Abdul Rahman Al-Rasi; the Kingdom’s Permanent Representative to UN in New York Dr. Abdulaziz Al-Wasel; and Director General of the Office of Minister of Foreign Affairs Abdul Rahman Al-Daoud.
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Fatah gives deadline for handover of general’s killers amid fragile truce in Lebanon refugee camp
A top official with Palestinian President Mahmoud Abbas’ Fatah group said Sunday that Palestinian and Lebanese officials have given militant Islamic groups in Lebanon’s largest Palestinian refugee camp until the end of the month to hand over the accused killers of a Fatah general. A fragile calm has largely prevailed in the Ein el-Hilweh camp since Thursday night after the warring sides reached the latest in a series of cease-fire agreements. It followed a week of intense fighting that killed at least 18 people and wounded and displaced hundreds.
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Hydrogen aviation startup ZeroAvia lands largest funding round to date with NEOM as a backer
ZeroAvia, one of the leading zero-emission aviation companies in the world, just announced its largest financing round to date. The funding round was co-led by Airbus, Barclays Sustainable Impact Capital, and NEOM. Other participants included Bill Gates’ Breakthrough Energy Ventures, Alaska Airlines, and the Amazon Climate Pledge Fund. No exact funding amount has been disclosed due to legal reasons, but a spokesperson for the startup confirmed to TNW that it is ZeroAvia’s largest to date, following a Series B of $72mn and a Series A of $56mn.
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The Cello brings a distinctly Saudi flavour to the horror genre
Those involved believed that the book's tale of an aspiring cellist dealing with the insidious, supernatural and gruesome consequences of his devotion to the instrument had all the ingredients to be both a character-driven warning about the dangers of obsession as well as a terrifying visual feast. “I can say that this is one of the first horror movies that is a Saudi horror movie,” co-producer Raul Talwar, head of film at Alamiya, tells The National. “That sets it apart. We wanted to set a benchmark in terms of the production values of the movie.”
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Saudi minister of culture meets with UNESCO’s director general
The Minister of Culture, Prince Badr bin Abdullah bin Farhan, met with the Director-General of the UNESCO, Audrey Azoulay, on the sidelines of the 45th extended session of the World Heritage Committee hosted by Saudi Arabia. During the meeting, which took place on Sunday, the Minister of Culture welcomed UNESCO's Director General to Riyadh, praising the efforts exerted by UNESCO in preserving and protecting heritage.
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Saudi Acwa Power signs hydrogen agreement with Italian partners
The Saudi-listed Acwa Power developer and investor in power generation signed a Memorandum of Understanding (MoU) with Italian energy major Eni and five other Italian companies to bolster cooperation in renewable hydrogen, as well as water desalination. The agreement was reached on the sidelines of the Saudi-Italian Investment Forum held in Milan on 4 September. Under the terms of the MoU, Eni and ACWA Power will cooperate in renewable hydrogen research and development of sustainable technologies.
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Saudi Arabia harbors more gender-diverse gaming sector globally, experts say
The US average of women in the gaming industry is typically 20 percent, Liu said. Using those statistics, Saudi Arabia supersedes that number across its game development studios, Tams said during the panel. “Hopefully that will stay … because of the programs from the government and training, and because they are gender-blind, when they’re coming up, and they’re very data-driven, it’s enabled a lot of women to come up and have jobs,” Tams said.
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Water Woes Cloud Green Hydrogen’s Future In The Middle East
A host of energy companies and governments around the globe are backing green hydrogen as the next big renewable energy source. The fuel is highly popular as it can be used to decarbonise the transportation sector, which is notoriously hard to make clean. It could also be used in highly polluting industries. As 1kg of hydrogen contains around three times as much energy as 1kg of petrol, it is viewed by many as a super-fuel for the green transition. But despite much optimism around the energy source, some are now accusing companies of exaggerating the cleanness of green hydrogen when produced in certain settings.
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