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Recent stories from sustg
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Israel, Gaza, and a region with shifting power dynamics with columnist Hussein Ibish
In Episode 125, the hosts welcome veteran columnist and analyst Hussein Ibish onto The 966 for his third appearance on the program to unpack the implications of Israel’s brutal war in Gaza and the shifting regional and global power dynamics since October 7th.
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Report Says Saudi Arabia Seeing a Surge in Demand for Cybersecurity Specialists
Saudi Arabia has seen a surge in demand for cybersecurity specialists amid growing concerns about cyber threats within the Kingdom, according to a recent report by security software company Qrator Labs.
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Human Capability Initiative Conference in Riyadh Concludes with Goal of Increasing Employment Rate in New Industries
The Human Capability Initiative (HCI) Conference launched this week in Riyadh at the King Abdulaziz International Convention Center under the patronage of Crown Prince Mohammed bin Salman with the goal of boosting human capital in the Kingdom.
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Riyadh Air Makes Waves at Aviation Festival of Asia 2024
New Saudi airline Riyadh Air is touting its new offering at an industry event in Asia, with the CEO and COO giving public appearances and with it a glimpse into the plans and aspirations of the startup airline.
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Lucid CEO Says Saudi Arabia Views Struggling EV Maker as Strategic Investment for Economic Diversification
Lucid Motors CEO said at the Geneva International Motor Show today that the struggling EV maker and its Saudi backers are “in this together for the long run” and the relationship is like a “marriage,” according to a report in Bloomberg.
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Ahead of LEAP in Saudi Arabia, MCIT’s Abdullah Alshamrani joins The 966 to talk tech, ecosystem development, and more…
Abdullah Alshamrani, General Manager of the Digital Entrepreneurship Center at Saudi Arabia’s MCIT join The 966 to talk ecosystem development in the Kingdom, the entrepreneurship scene, and the Kingdom as a future destination for tech.
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Khalid bin Musaed bin Saif bin Abdulaziz Al-Saif (1953-2024)
*A note from SUSTG’s President, Richard Wilson.* My friend, Khaled Al-Saif, a true Saudi patriot, passed away on February 18.
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SoftBank to Create Industrial Robots for Saudi Arabia
Alat (Arabic for ‘machines’), the PIF funded $100 billion initiative to create an automated manufacturing hub in Saudi Arabia will invest up to $150 million in partnership with SoftBank.
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2nd Edition of FII in Miami, Florida Kicks Off Tomorrow
Leaders from the public and private sector, business and finance executives and others will descend this week on Miami for the second FII event to take place in that city to discuss potential solutions to the planet’s ongoing conflicts and climate change, as well as artificial intelligence.
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What it’s like to live in Saudi Arabia during Riyadh Season, PIF-backed Alat launches with eyes on a big impact, and more…
The boys are back for their normal format and catch up on just some of the seemingly endless new developments and storylines emerging from Saudi Arabia of late.
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MUST-READS
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No Soft Power Shake-Ups for Now
President Joe Biden may not have fully restored the image of the U.S. abroad, but it is in better condition now than it was under his predecessor and likely rival in the November election.
A new Gallup report based on surveys in over 130 countries and territories shows that the median global approval rating of U.S. leadership stood at 41% in 2023, down from 45% during Biden’s first year in office but unchanged from his second.
Historically, the 41% approval rating is lower than all but one of the ratings under President Barack Obama but is higher than any of those under Presidents Donald Trump and George W. Bush. -
Israel gears up for Rafah civilian evacuation ahead of promised assault
Israel has procured tens of thousands of tents for Palestinian civilians it intends to evacuate from Rafah in the coming weeks ahead a promised assault on the city it sees as the last bastion of Hamas in the Gaza Strip, Israeli sources said on Wednesday.Abutting the Egyptian border, Rafah's population has been swollen by more than a million Palestinians who fled the half-year-old Israeli offensive through the rest of Gaza.
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Saudi Arabia’s Policy Shifts Open New Doors for Global Investors
The enduring popularity of mocktails is expected to persist, with a considerable number of individuals choosing to refrain from alcohol consumption due to religious beliefs, regardless of any potential changes in alcohol regulations. Ensuring a sustained market for high-quality mocktails and non-alcoholic alternatives.
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Saudi Arabia is becoming a hot spot for global technology manufacturing with sustainable practices in mind.
AI and industry 4.0 technology presents an unprecedented opportunity for manufacturers to transform their operations. The market for industry 4.0 technology is expected to reach $327.8 billion by 2030, as manufacturing companies deploy AI, robotics, and other technologies for automation, increased efficiency, and other benefits. At the same time, manufacturers are looking to improve sustainability in their operations, and are looking for greater resilience and flexibility in their supply chains.
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Prince Faisal: Saudi Arabia is more optimistic about regional stability and security
Foreign Minister Prince Faisal bin Farhan said that Saudi Arabia is more optimistic about the stability and security of the countries in the region. He said that the Kingdom’s vision pushes towards the development, reconstruction and stability of the region and not toward unrest. The minister made the remarks while speaking to Al-Arabiya/Al-Hadath on the sidelines of the first high-level EU-GCC Forum on Regional Security and Cooperation held in Luxembourg.
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What does EU visa relaxation for Saudi, Bahraini, Omani citizens mean?
Under the new rules, Bahraini, Omani and Saudi Arabian nationals will be eligible for multiple-entry visas, allowing them to visit the Schengen area (the EU’s 27 member states as well as Bulgaria and Romania) and move freely between them.
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Updates On Saudi Arabia’s Regional Headquarters Program
The multinational company must start RHQ operations within six (6) months after its RHQ license is granted and it must establish three (3) optional activities chosen in the first year of the license operation.
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Top US diplomat to visit Saudi Arabia this weekend following China trip
The top US diplomat is scheduled to visit Saudi Arabia this weekend, diplomatic sources told Al Arabiya English on Tuesday.
Sources said Secretary of State Antony Blinken, who will travel to China this week, is expected to attend the World Economic Forum in Riyadh and may hold bilateral meetings on the sidelines.
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Saudi Arabia airline Flynas confirms plans to launch IPO this year
Saudi Arabia's low-cost airline Flynas on Tuesday confirmed plans to list its shares on the Tadawul stock exchange this year, amid the kingdom's ambitions to grow its aviation sector and a boom in initial public offerings in the country.
Flynas, which is backed by billionaire businessman Prince Alwaleed bin Talal, recorded a 32 per cent annual increase in revenue to reach 6.3 billion Saudi riyals ($1.68 billion) in 2023, its chief executive Bander Al Mohanna told the Airline Economics conference in Riyadh.
The carrier revealed its financial results for the first time ahead of the anticipated IPO.
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Saudi Arabia braced for heavy rainfall, Civil Defense issues warning
Saudi Arabia is set to receive more rainfall toward the weekend, with Riyadh and its outskirts likely to witness heavy rains from Friday to next Tuesday. In addition, the National Center for Meteorology said on Tuesday: “May forecasts indicate a chance of higher than average rainfall.” More rain is forecast this week in Makkah, Jazan, Aseer, Al-Baha, the Eastern Province, and regions in Riyadh, the NCM added.
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