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Kingdom at the Forefront of Air Taxi Tech with Test of Volocopter in Collaboration with Neom
- June 22,2023
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- SUSTG Team
Saudi Arabia’s NEOM hosted the first test campaign of air taxi flights in the northwest of Saudi Arabia, building on a reputation of a leader in technologies in the under-development futuristic zone.
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Saudi Arabia Allocates $7.8 Billion Worth of Investments for Expo 2030 – SPA
- June 21,2023
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- SUSTG Team
Saudi Arabia has allocated $7.8 billion worth of investments for Expo 2030, state news agency SPA reported early on Wednesday, as the Kingdom pitches for the opportunity to host the global event.
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Airbus, Saudi Company Scopa Group Agree to $6.7 Billion Helicopter Pact as Paris Air Show Kicks Off
- June 19,2023
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- SUSTG Team
Airbus SE has signed an investment agreement worth more than 25 billion riyals ($6.7 billion) to build military and civilian helicopters in Saudi Arabia with a local defense company called Scopa Group, Bloomberg reports.
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Global HVAC and smart home leader Johnson Controls Arabia CEO Dr. Mohanad Alshaikh joins The 966
- June 16,2023
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- SUSTG Team
The 966 speaks with Dr. Mohanad AlSheikh, CEO of Johnson Controls Arabia, a leading player in Saudi Arabia and the MENA region’s growing HVAC and smart building market. The 966 hosts ask Dr. Mohanad about the growing business opportunities in the HVAC and smart buildings space in the Kingdom and the wider region, the company’s […]
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Saudi gigaprojects update: All you need to know
- June 15,2023
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- SUSTG Team
Writing for Construction Week, Angitha Pradeep provides an update on five (more if you separate Neom’s multiple builds) giga projects ongoing in Saudi Arabia.
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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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Mena Startups Raised $445 Million in May 2023 – Wamda Report
- June 8,2023
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- SUSTG Team
May represented a bounce-back of sorts for the MENA VC and startup ecosystem, with venture funding into the region’s startups touched $445 million spread across 39 transactions, compared to $7 million raised across 11 deals reported in the preceding month, according to a monthly report in Wamda.
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NEOM Secures $5.6 billion Investment for Workforce Housing
- June 7,2023
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- SUSTG Team
Saudi Arabia’s planned mega-city NEOM has secured 21 billion riyals ($5.60 billion) in financing and has finalized contracts to develop the first phase of housing expansion for its workforce, it said in a statement on Tuesday, Reuters reports.
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MUST-READS
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Erdogan Visit Underscores UAE-Turkey Rapprochement is at the Heart of Regional De-escalation
Turkish President Recep Tayyip Erdogan arrived in the United Arab Emirates capital Abu Dhabi February 14 for a state visit that would have been hard to imagine for most of the past decade. Turkey and the UAE were at odds in a range of regional conflicts, notably in Libya, and in a protracted ideational and ideological struggle, along with Qatar, over the political legitimacy of Islamism and the role and future of the Muslim Brotherhood in the Arab world.
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Smart apps: Saudi Arabia outshines top countries in pandemic management
I recently returned from New York City, arguably one of the most “time is money” places in the US. While roaming the streets of Manhattan, what struck me was that everyone took out flimsy pieces of paper to show proof of vaccination, a rule imposed for indoor dining at restaurants. While everyone scrambled to dig into their bags to take out that piece of paper, I quickly took out my phone and showed them my Tawakkalna app, where the dates of my vaccination were clearly visible on the screen. Every barista I talked to told me how impressed they were with the “Saudi app,” which they said was among one of the best they’d seen.
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Smart apps: Saudi Arabia outshines top countries in pandemic management
I recently returned from New York City, arguably one of the most “time is money” places in the US. While roaming the streets of Manhattan, what struck me was that everyone took out flimsy pieces of paper to show proof of vaccination, a rule imposed for indoor dining at restaurants. While everyone scrambled to dig into their bags to take out that piece of paper, I quickly took out my phone and showed them my Tawakkalna app, where the dates of my vaccination were clearly visible on the screen. Every barista I talked to told me how impressed they were with the “Saudi app,” which they said was among one of the best they’d seen.
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Neom and MBC partner to establish AAA games development studio in Saudi Arabia
AAA is a classification within the gaming industry that label games produced and distributed by midsized or big publishers that usually have higher budgets. “We know there is a growing convergence between gaming and the media sector more broadly, so by building one, we are helping the other grow,” Neom’s chief executive Nadhmi Al Nasr said.
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More than 6,000 athletes to participate in 2022 Saudi Games
The chosen sports are archery, athletics, badminton, 5x5 and 3x3 basketball, beach volleyball, billiards, bowling, boxing, camel racing, chess, road cycling, equestrian (in the form of endurance jumping), electronic games, fencing, football, golf, gymnastics, handball, rowing, judo, jiu-jitsu, karate, kickboxing, muaythai, shooting, sports climbing, skateboarding, squash, swimming, table tennis, taekwondo, tennis, triathlon, volleyball, water polo, weightlifting, wrestling, paddling, karting, sambo, aikido, wushu and balut, a traditional card game.
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UK Culture secretary Nadine Dorries signs arts agreement with Saudi Arabia
The UK government has signed a memorandum of understanding with the Saudi Arabian state designed to strengthen cultural links between the two countries. Nadine Dorries, the UK Culture Secretary, participated in the signing ceremony at the Diriyah Biennale in the Jax district on the outskirts of Riyadh.
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Saudi Arabia’s flag will be raised tomorrow as the only GCC member participating in 2022 Beijing Olympics
Abdi will be the only Saudi Winter Olympian to go and will be competing in the alpine skiing Giant Slalom category. The Saudi skier arrived in the Chinese capital on Thursday in preparation for his historic participation on Feb. 13. Two other Saudis — skiers Salman Al-Howaish and Rakan Alireza — earned enough qualifying points to be eligible to compete in Beijing but Saudi Arabia was only allocated one place at the games.
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India emerges as Saudi Arabia’s second-largest trading partner
India’s Department of Commerce found that for the current financial year (April-November), trade between the two countries was $24.9 billion, an increase of 94 percent over the same period last year. It is especially heartening to note that current trends suggest that bilateral trade will surpass pre-pandemic levels.
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Lebanon’s Hariri expected to announce election boycott, party members say
Lebanon's leading Sunni Muslim politician Saad al-Hariri is expected to announce on Monday he will not run in a May election that his movement may boycott, party members said, a potential political earthquake during a national financial collapse. Hariri has served as prime minister three times since inheriting the political mantle of his father, Rafik al-Hariri, after his assassination in 2005. But while he remains the leading Sunni, his political fortunes have waned in recent years, with his position weakened by the loss of Saudi support.
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Blinken to meet Russian counterpart as White House warns Moscow could attack Ukraine ‘at any point’
Secretary of State Antony Blinken will meet Russian Foreign Minister Sergei Lavrov in Geneva on Friday in an effort to resolve the standoff over Ukraine, with U.S. officials warning that a Russian invasion could be imminent. The meeting will follow a week of intense diplomacy as the top U.S. diplomat heads to Ukraine and Germany for discussions on the crisis, the State Department said. Adding urgency to Blinken’s talks is Russia’s fresh deployment of troops to Belarus to conduct major military exercises that will further strengthen the number of Russian forces along Ukraine’s border.
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