SUSTG.com / Research

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

Recent stories from sustg

MUST-READS

  • Scientists reveal secrets of Earth’s magnificent desert star dunes

    They are among the wonders of our deserts: star dunes, the vaguely pyramid-shaped sand formations up to about 1,000 feet (300 meters) tall with arms stretching out from a central peak to give them a star-like appearance when viewed from above. Scientists on Monday unveiled the first in-depth study of a star dune, revealing the internal structure of these geological features and showing how long it took for one of them to form - more quickly than expected but still a process unfolding over many centuries.

  • OPEC+ members extend oil output cuts to second quarter

    OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter, giving extra support to the market amid concerns over global growth and rising output outside the group. Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC), said it would extend its voluntary cut of 1 million barrels per day (bpd) through the end of June, leaving its output at around 9 million bpd.

  • Saudi artist reimagines Kingdom’s capital in vibrant pixels

    Saudi artist Khaled Makshoush has mastered pixel designs to reimagine Saudi Arabian scenes in a form of art that is personal, soothing and contemporary. Indie and retro-style video games use pixel designs to create a colorful and visual design, but with his tablet and stylus the Riyadh-based artist captures a variety of sights, from construction sites with cranes to the iconic streets of the capital and the serene terracotta-coloured desert.

  • Foster + Partners designing two-kilometre-high skyscraper in Saudi Arabia

    UK studio Foster + Partners is reportedly designing a two-kilometre-high skyscraper in Riyadh, Saudi Arabia, which if completed would be the world's tallest building. According to a report in UK architecture magazine Architects' Journal (AJ), the UK studio is designing the megatall skyscraper for a site to the north of the Saudi capital. The AJ reports that the skyscraper will be located near the city's international airport, which is currently being redeveloped by Foster + Partners.

  • Saudi-based Deep-Tech VC Fund Beta Lab makes strategic investment in Cross-Border fintech startup EximPe

    Beta Lab, a leading Saudi venture capital firm specializing in deep tech innovations, is excited to announce its recent strategic investment in EximPe, marking a significant expansion into the MENA region. This collaboration aligns with Beta Lab’s mission to disrupt traditional sectors through deep tech and supports our commitment to fostering innovative solutions that simplify complex challenges. The funding will be utilized to further Eximpe’s mission of using technology to simplify cross-border transactions and expand its reach with SMEs.

  • Mastercard partners with Loop to launch innovative payment solutions in Saudi Arabia

    Mastercard has partnered with Loop, a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions. The partnership will see Loop expand its portfolio, enhance its suite of products and services through leveraging Mastercard technology and expertise. Having signed an exclusive issuing agreement, Loop and Mastercard will partner to issue BIN ranges, enabling consumers, merchants and fintech’s across the Kingdom to benefit from innovative payment solutions.

  • Saudi Arabia’s PIF, ATP announce strategic partnership to enhance global tennis

    Saudi Arabia’s Public Investment Fund (PIF) and the governing body of men’s professional tennis, ATP Tour, announced on Wednesday a new multi-year strategic partnership, in a move that further elevates the Kingdom’s position in the global sports scene. The partnership marks a “significant shared commitment to enhancing global tennis for players, fans, tournament organizers and stakeholders at all levels of the sport,” both PIF and ATP said in a statement.

  • ATP signs multi-year strategic partnership with Saudi Arabia’s PIF

    The ATP Tour and Saudi Arabia's Public Investment Fund (PIF) have signed a multi-year strategic partnership, the governing body of men's tennis said on Wednesday in a move highlighting the growing influence of the Gulf nation on global sport. The PIF will now become the official naming partner of the men's rankings as well as partner ATP tournaments in Indian Wells, Miami, Madrid, Beijing, the season-ending ATP Finals in Turin and the Next Gen ATP Finals staged in Jeddah.

  • Exclusive: Prince Khaled bin Alwaleed reveals new investments in fusion technology and DTC startups, urges more VC funding for sustainability tech

    “What inspires a lot of confidence in me is founders that know their market, their competition, their numbers,” he added. Prince Khaled stressed the significance of a robust understanding of the market, competition and financial metrics. Founders who demonstrate a deep knowledge of these aspects inspire confidence and are more likely to secure KBW Ventures’ backing. One company that impressed Prince Khaled was —A Dozen Cousins, a natural food brand specialising in authentic Creole, Caribbean and Latino-inspired dishes, founded by CEO Ibraheem Basir. The company’s brand narrative is influenced by Basir’s childhood spent in the culinary melting pot of Brooklyn and is named after his daughter and her 11 cousins. Basir met Prince Khaled at InFlavour, a leading B2B food event hosted by Tahaluf in partnership with the Saudi Ministry of Environment, Water and Agriculture (MEWA). A Dozen Cousins won in the conference’s startup competition, with Prince Khaled participating as a judge.

  • CFA Puts Saudi Arabia at the Heart of Its Middle East Expansion

    The CFA Institute is working to expand its membership network in the Middle East, with Saudi Arabia a key focus as the country opens up its financial markets and looks to diversify its investment industry. The non-profit educational organization for chartered financial analysts aims to double the number of members in the kingdom to about 1,000 over the next three years, while also growing the pool of candidates by 20% a year, said Marg Franklin, its president and chief executive officer.