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Recent stories from sustg
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Saudi PIF, Bahraini Counterpart Mumtalakat Sign Agreement to Boost Cooperation and Investment
Saudi Arabia’s Public Investment Fund (PIF) and its Bahrani counterpart, Mumtalakat, have signed a memorandum of understanding (MoU) to expand cooperation and enable new and promising investment opportunities in Bahrain.
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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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MUST-READS
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Half of Gaza water sites damaged or destroyed, BBC satellite data reveals
Hundreds of Gaza's water and sanitation facilities have been damaged or destroyed since Israel began military action against Hamas, satellite analysis by BBC Verify has found.
Damage to a major supplies depot has also severely disrupted repairs.
The lack of clean water and flows of untreated sewage pose a serious threat to health, say aid agencies.
The Israel Defense Forces told the BBC that Hamas cynically exploits civilian infrastructure for terror purposes.
The destruction comes despite Israel's duty to protect critical infrastructure under the rules of war, unless there is evidence sites are being used for military reasons, say human rights lawyers.
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UN General Assembly backs Palestinian bid for membership
The United Nations General Assembly on Friday overwhelmingly backed a Palestinian bid to become a full U.N. member by recognizing it as qualified to join and recommending the U.N. Security Council "reconsider the matter favorably."The vote by the 193-member General Assembly was a global survey of support for the Palestinian bid to become a full U.N. member - a move that would effectively recognize a Palestinian state - after the United States vetoed it in the U.N. Security Council last month.
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Saudi Arabia woos investors with lucrative business environment
Khairy added: “The Kingdom has already started to take serious steps to capitalize on its exceptional location through the establishment of logistics and free trade zones, coupled with efforts to diversify the economy under Vision 2030, attracts foreign investment and fosters trade partnerships.”
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Why Netflix’s Honeymoonish director thinks the Middle East needs more rom-coms
Honeymoonish is the first Arab film to reach number one on Netflix's weekly Top 10 chart of the most-watched non-English TV films, accumulating 14 million views in its second week of release.
It is a surprising and exciting result for the cast, crew and particularly for Lebanese director Elie El Semaan, considering it is his first film.
“I'm very happy,” El Semaan tells The National. “The feedback we were getting from day one was bigger than I expected, to be honest. And not only from the Gulf region but from all over the world.”
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Saudi crown prince MBS delays visit to Pakistan for unspecified reasons
Saudi Arabia’s crown prince has deferred his visit to Pakistan for unspecified reasons, dimming the much-anticipated event that Islamabad was hoping would secure further investments and agreements between the two allies.
Saudi crown prince Mohammed bin Salman had been expected to visit Pakistan on 19 May, but according to media reports, that has now been delayed until a later date while Islamabad and Riyadh continue to work out an agreed-upon schedule.
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Cases of Botulism in Saudi Arabia linked to mayonnaise, product recalled
Saudi authorities on Saturday announced that the source of recent cases of food poisoning in Riyadh at a popular burger chain in the Kingdom has been tracked to a bacterium found in a mayonnaise product used by the chain. Last month, scores of cases of Botulism were reported in the Kingdom which were linked to the Hamburgini restaurant chain, prompting the authorities to take necessary measures and open a probe into the matter.
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Saudi Arabian universities need to embrace the AI revolution
The launch in December 2023 of the National Framework for Artificial Intelligence in Digital Learning by the National eLearning Center – set up in 2018 before the outbreak of the COVID19 pandemic, which has been a significant game changer in the distance education scenario – confirms the serious commitment of the Saudi establishment to the use of AI at all educational levels.
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Al Hilal wraps up Saudi League title; Jesus touts season as model of excellence
Al Hilal manager Jorge Jesus lauded the 2023/24 season as "spectacular" after the team clinched the Roshn Saudi League title with a 4-1 victory over Al Hazem. This win secured Al Hilal’s 19th Saudi Arabian league crown and solidified their unbeaten record this season, highlighting a dominant performance throughout.
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US Marines conduct long-range convoy throughout Saudi Arabia
The convoy, part of Exercise Native Fury 24, saw collaboration between US Marines and Sailors alongside Army Soldiers and members of the Royal Saudi Armed Forces. This exercise, sponsored by US Central Command and executed by US Marine Corps Forces Central Command, underscores the commitment to joint training and cooperation between allied nations. With over 600 personnel participating from various units and partner nations, Exercise Native Fury 24 encompasses a range of activities, including on-load and off-load operations using commercial maritime shipping, urban combat training, and dynamic training events across Saudi Arabia and the United Arab Emirates.
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US nears decision point on security deal with Saudis
The Biden administration is nearing a decision point on whether go ahead with a bilateral arms and security agreement with Saudi Arabia or hold off in hopes of eventually pairing it with a long-sought trilateral deal to normalize Saudi-Israeli relations. For now, administration officials say nothing can go forward until all the parts of the puzzle are in place, but with the Israel-Hamas war standing in the way of a normalization agreement, some analysts are arguing for an early bilateral deal that would help check Chinese influence in the region.
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