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Saudi Astronauts Meet with HRH Ambassador Reema bint Bandar; Set to Conduct Cloud-Seeding Experiments in Space
- March 22,2023
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- SUSTG Team
Two Saudi astronauts who are heading to the International Space Station met this week with HRH Princess Reema bint Bandar Al-Saud, Saudi Arabia’s Ambassador to the United States, who shared a photo of the meeting on social media.
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U.S.-Based Marriott Inks Deal with Rua Al Madinah Holding Company for Eight Hotels
- March 21,2023
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- SUSTG Team
U.S.-based Marriott International announced it has signed an agreement with Rua Al Madinah Holding Company to open as many as eight hotels in the Holy City of Madinah in Saudi Arabia.
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Iran’s Government Proposes Three Locations for Meeting of Foreign Ministers; Riyadh Reportedly Invites President to Visit
- March 20,2023
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- SUSTG Team
The Iranian government has proposed to Saudi Arabia three locations for a meeting of foreign ministers, according to Iran’s foreign minister, as the two countries move forward with re-establishing ties.
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US Senate confirms Michael Ratney as next US ambassador to Saudi Arabia
- March 16,2023
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- SUSTG Team
Despite being nominated by US President Joe Biden in April 2022, Michael Ratney, has just been confirmed by the US Senate as the next US ambassador to Saudi Arabia.
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White House and Embassy of Saudi Arabia release statements lauding ‘landmark’ purchase of Boeing aircraft
- March 15,2023
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- SUSTG Team
White House Press Secretary Karine Jean noted that the agreements will anchor Saudi Arabia’s new international airline together with support for a new international airport. The partnership is another milestone in eight decades of cooperation between Saudi Arabia.
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Saudi Arabia’s New National Airline, Riyadh Air, Names CEO and Eyes Billions in Boeing-Made 787s
- March 14,2023
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- SUSTG Team
Saudi Arabia launched a new airline, Riyadh Air, and named an industry-veteran CEO in Tony Douglas for the new company this week. The airline, along with current state-flag carrier Saudi Airlines (Saudia) signed an agreement for an order of 72 Boeing-made airplanes.
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Riyadh-based Consultancy Mukatafa, Saudi Ministry of Economy and Planning Sign MOU to Collaborate on Private Sector Development
- March 13,2023
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- SUSTG Team
Riyadh-based private consultancy firm Mukatafa has signed a MOU with Saudi Arabia’s Ministry of Economy and Planning to improve the Kingdom’s development plans and enable sustainable growth, according to Arab News.
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An evolving U.S.-Saudi relationship, jaw-dropping developments and progress on the Red Sea, and much more….
- March 10,2023
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- SUSTG Team
Episode 78! The 966 hosts fly solo this week ahead of a busy week of travel to Saudi Arabia and the region and an impressive slate of forthcoming guests in the coming weeks. This week the hosts discuss a recent collection of articles and items in the media that paint a picture of a U.S.-Saudi […]
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Saudi Arabia Records 31 Percent Rise in Government Revenues in 2022 – MOF
- March 9,2023
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- SUSTG Team
Saudi Arabia recorded a 31 percent rise in government revenues to reach SR1.26 trillion ($335.6 billion) in 2022, the Ministry of Finance said on Thursday.
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Polish Prime Minister Mateusz Morawiecki Visits Riyadh, Meets with Crown Prince Mohammed bin Salman
- March 8,2023
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman “reviewed relations and issues of mutual concern” with Polish Prime Minister Mateusz Morawiecki on Tuesday in Riyadh.
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MUST-READS
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Qiddiya, Saudi Arabia’s Future Disruptive Entertainment, Sports & Arts Giga-Project
“Entertainment is something that has grown in terms of importance everywhere. We have this growing realisation in the world that time passes very fast and people need to enjoy time together, and do things together — not just work, go to bed and go back to work,” Phillipe Gas, the CEO of the Qiddiya Investment Company, told sister organisation Asharq News.
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War-Ridden Somalia Starts Payments System as It Rebuilds Nation
The 13 lenders in the Horn of Africa nation can now “become inter-operable, connected to the clearing and settlement system of the central bank and able to transact with each other,” Central Bank of Somalia Governor Abdirahman M. Abdullahi said in an interview. The system will “facilitate transactions between vendors and their customers more efficiently.”
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Golf Saudi launches Mass Participation program at Aramco Team Series tournament in Spain
Golf Saudi hosted leading female personalities from the Kingdom at the second Aramco Team Series tournament of the year in Sotogrande, Spain. The occasion was part of Golf Saudi’s Mass Participation program that aims to grow the game of golf and boost participation in Saudi Arabia and internationally.
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Justice Department says it intends to release some secret 9/11 files on Saudi Arabia
Under pressure from the families of people who died in the Sept. 11 attacks, the Biden administration said on Monday that it intended to disclose some long-classified documents that the families think may describe links between Saudi Arabia’s government and the hijackers.
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Saudi Arabia seeks European partners to expand space programme
Saudi officials in charge of developing the country’s space programme are travelling around Europe seeking partnerships with leading companies in a sign that the Kingdom is putting the programme up on its agenda.
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Saudi AI startup Intelmatix secures investment from STV and Sultan Holdings
Founded in 2021 by a group of MIT graduates led by Anas Alfaris and Ahmad Alabdulkareem, Intelmatix provides both public and private sectors with accessible AI and advanced analytics that delivers technologies to improve operations, productivity, growth, and sustainability. Intelmatix’s technology currently focuses on “location intelligence” which maps the relationships between spatial, social, economic, and demographic data and makes predictions using AI and advanced analysis to solve problems of “where, what, when?”. It gives previously unavailable insight for high-stakes business decisions, such as choosing the most profitable location for a new branch, the best land to invest in, or where to optimally place storage and operations centres for logistics companies.
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Egypt transport start up Swvl to list on Nasdaq after Queen’s Gambit merger
Egyptian transport start-up Swvl said on Wednesday it was combining with U.S. special purpose acquisition company Queen’s Gambit Growth Capital in a merger that would allow the company to list on the Nasdaq stock exchange. The company, which moved headquarters to Dubai in late 2019, describes itself as the first $1.5 billion unicorn from the Middle East to list on the exchange, where it will have the ticker symbol SWVL.
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From Olympic-themed party to real thing, Saudi’s Yasmeen Al Dabbagh ready to fulfill dream
Saudi Arabia's 100m sprinter, who is coached by former Olympic champion Linford Christie, is keen to change perceptions and inspire the next generation - but first she wants to soak up her Tokyo experience
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Saudi-American Partnership to Operate Petrochemical Complex by End of 2021
SABIC, the global petrochemical industry giant, signed with ExxonMobil in May 2018, an agreement to establish a joint venture for petrochemical industries in the American Gulf Coast, based on a feasibility study that estimated the total cost of the complex at approximately USD 7.3 billion (27.4 billion riyals).
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Saudi’s PIF participates in India-based Healthifyme’s $75 million Series C round
Saudi Arabia's Public Investment Fund has invested in India-based healthtech Healthifyme's $75 million Series C funding round, led by Khosla Ventures and LeapFrog Investment.
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