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Recent stories from sustg
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Saudi defense minister expected to visit White House on Monday – Axios Report
- October 30,2023
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- SUSTG Team
Saudi Arabian Defense Minister Prince Khalid bin Salman is expected to visit Washington on Monday for meetings with senior Biden administration officials, according to a report in Axios which cited three sources.
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US President Biden, Crown Prince Mohammed bin Salman Exchange Warm Greeting, Handshake at G20
- September 11,2023
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- SUSTG Team
President Joe Biden “warmly greeted” Crown Prince Mohammed bin Salman after they appeared together along with several other leaders at the Group of 20 summit Saturday in New Delhi, India, according to the Associated Press, as relations between the two nations continue on an upswing in recent months.
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Middle East projected to surpass 100 GW of solar capacity by 2030
- May 30,2024
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- SUSTG Team
The total solar capacity in the Middle East at the end of 2023 exceeded 16 GW and is expected to approach 23 GW by the end of 2024. Projections indicate that by 2030, the capacity will surpass 100 GW, with green hydrogen projects contributing to an annual growth rate of 30%.
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Saudi Arabia Fares Well in 2024 Kearney FDI Confidence Index
- April 16,2024
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- SUSTG Team
Ongoing economic and business-related reforms helped the United Arab Emirates and Saudi Arabia post the biggest jumps in Kearney’s 2024 Foreign Direct Investment Confidence Index. The countries climbed ten spots from 2023, to eighth for the UAE and 14th for Saudi Arabia.
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Zardun at NEOM the Latest Tourism Offering from Futuristic Giga-Project
- January 25,2024
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- SUSTG Team
Saudi Arabia’s NEOM recently announced the launch of another tourism destination, called Zardun, which bills itself as a luxury ecotourism area and “exclusive sanctuary resort.”
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Saudi Arabia’s AlUla Reveals Winning Design for New Airport Terminal
- October 31,2023
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- SUSTG Team
The Royal Commission for AlUla (RCU) has unveiled the winning design for AlUla’s new airport terminal in Saudi Arabia following a global competition, according to a report. The winning design was announced last week at the Kingdom’s 7th Future Investment Initiative conference in Riyadh.
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Understanding Vision 2030’s impact on media perceptions of Saudi Arabia’s with Rawan Hashem; also, Hevolution’s rise, Tourism in KSA and much more
- September 8,2023
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- SUSTG Team
Episode 102! Rawan Hashem from the data insights firm Carma joins The 966 to discuss evolving media perspectives of Saudi Arabia and Vision 2030. Before the conversation, the hosts discuss the new organization in Saudi Arabia, called Hevolution, and its $1 billion mission to advance humanity’s fight against aging based on a recent Wall Street Journal article from this […]
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PIF launches Neo Space Group (NSG) to boost Saudi Arabia’s satellite and space industries
- May 24,2024
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- SUSTG Team
The Neo Space Group (NSG) will focus on cutting-edge technologies in four dedicated business segments: satellite communications, earth observation and remote sensing, satellite navigation and Internet of Things, as well as a satellite and space-focused venture capital fund.
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Dr. William Greene, CIO of the Hevolution Foundation, joins The 966 to talk latest investments, strategy for Hevolution
- April 15,2024
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- SUSTG Team
William Greene, MD, Chief Investment Officer (CIO) of the Hevolution Foundation, joins The 966 to talk about Hevolution’s investment strategy and role as an investor in the emerging field of Healthspan Science. As CIO, Dr. Greene oversees all aspects of Hevolution Foundation’s investment strategy, planning, analysis, and execution.
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Report: China, Eying Increased Influence in the Middle East, Presses Iran to Rein in Houthi Attacks in Red Sea – Reuters
- January 26,2024
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- SUSTG Team
A recently-published Reuters report says that top Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or risk harming business relations with Beijing, citing four Iranian sources and a diplomat familiar with the matter.
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MUST-READS
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CNBC InternationalCNBC International launches new studio at Nasdaq Dubai
In a statement, Nasdaq Dubai stated that CNBC will broadcast key interviews from the studio as well as insights on the Middle East financial markets and economy to a global audience.
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Big Bad Wolf Book Sale“World’s largest book sale” comes to Middle East at giant hangar in Dubai
A gargantuan touring book sale that touts itself as the world’s largest is making its first stop in the Middle East, filling a huge hangar in Dubai with stacks of 3 million discounted books, open around the clock.
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UAEDubai property prices sink, market equilibrium not expected soon
Dubai property prices declined at an accelerated pace in the third quarter, with off-plan sales volumes impacted the most amid general market uncertainty, according to property consultancy Chestertons.
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UAEIMF Expects Dubai’s Economy to `Gradually Recover’ Ahead of Expo
Regional and federal authorities in the U.A.E. have announced a series of measures over the past year to bolster economic growth. The steps include a plan to offer some expatriates long-term residencies, reduce government fees and easing some restrictions on full foreign ownership of businesses.
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Uber/CareemUber Is Said in Talks to Acquire Dubai Ride Hailing Firm Careem
Negotiations are ongoing and Careem’s management is working to convince the firm’s shareholders of the merits of a deal, the people said. No final decisions have been made, and the companies may decide against the transaction, they said.
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DjiboutiDjibouti nationalises key port terminal after row with Dubai
The terminal is an essential facility for supplies to neighbouring landlocked Ethiopia. The Djibouti government had a two-thirds stake in the venture but claimed that the terminal had come under the de facto control of DP World.
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DubaiCan a Woman Head a Household in Dubai? Our Reporter Ventures to Find Out
In many ways, life in Dubai for women, whether married or single, is liberating compared with other countries in the region. Here we can drive, own property, play sports and walk home at night in safety.
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CryptocurrenciesDubai Crypto Exchange BitOasis Seeks to Lift Saudi Arabia Ban
BitOasis, a Dubai-based crypto exchange with a significant presence in the Middle East and North Africa, will work with financial markets and services regulators from the Gulf Cooperation Council (GCC) on a regulatory framework for the nascent crypto industry in the region.
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CryptocurrenciesDubai crypto firm says working with GCC regulators to overcome Saudi ban
BitOasis, the Dubai-based cryptocurrency exchange, has said it is working with regulators across its key markets across the GCC to develop regulatory frameworks in light of Saudi Arabia's ban.
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Capital MarketsNasdaq Dubai to launch futures on 12 Saudi firms
Nasdaq Dubai has announced the names of 12 Saudi Arabian companies on which the exchange will launch equity futures in September.
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