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Recent stories from sustg
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Saudi defense minister expected to visit White House on Monday – Axios Report
- October 30,2023
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- SUSTG Team
Saudi Arabian Defense Minister Prince Khalid bin Salman is expected to visit Washington on Monday for meetings with senior Biden administration officials, according to a report in Axios which cited three sources.
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US President Biden, Crown Prince Mohammed bin Salman Exchange Warm Greeting, Handshake at G20
- September 11,2023
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- SUSTG Team
President Joe Biden “warmly greeted” Crown Prince Mohammed bin Salman after they appeared together along with several other leaders at the Group of 20 summit Saturday in New Delhi, India, according to the Associated Press, as relations between the two nations continue on an upswing in recent months.
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Middle East projected to surpass 100 GW of solar capacity by 2030
- May 30,2024
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- SUSTG Team
The total solar capacity in the Middle East at the end of 2023 exceeded 16 GW and is expected to approach 23 GW by the end of 2024. Projections indicate that by 2030, the capacity will surpass 100 GW, with green hydrogen projects contributing to an annual growth rate of 30%.
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Saudi Arabia Fares Well in 2024 Kearney FDI Confidence Index
- April 16,2024
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- SUSTG Team
Ongoing economic and business-related reforms helped the United Arab Emirates and Saudi Arabia post the biggest jumps in Kearney’s 2024 Foreign Direct Investment Confidence Index. The countries climbed ten spots from 2023, to eighth for the UAE and 14th for Saudi Arabia.
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Zardun at NEOM the Latest Tourism Offering from Futuristic Giga-Project
- January 25,2024
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- SUSTG Team
Saudi Arabia’s NEOM recently announced the launch of another tourism destination, called Zardun, which bills itself as a luxury ecotourism area and “exclusive sanctuary resort.”
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Saudi Arabia’s AlUla Reveals Winning Design for New Airport Terminal
- October 31,2023
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- SUSTG Team
The Royal Commission for AlUla (RCU) has unveiled the winning design for AlUla’s new airport terminal in Saudi Arabia following a global competition, according to a report. The winning design was announced last week at the Kingdom’s 7th Future Investment Initiative conference in Riyadh.
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Understanding Vision 2030’s impact on media perceptions of Saudi Arabia’s with Rawan Hashem; also, Hevolution’s rise, Tourism in KSA and much more
- September 8,2023
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- SUSTG Team
Episode 102! Rawan Hashem from the data insights firm Carma joins The 966 to discuss evolving media perspectives of Saudi Arabia and Vision 2030. Before the conversation, the hosts discuss the new organization in Saudi Arabia, called Hevolution, and its $1 billion mission to advance humanity’s fight against aging based on a recent Wall Street Journal article from this […]
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PIF launches Neo Space Group (NSG) to boost Saudi Arabia’s satellite and space industries
- May 24,2024
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- SUSTG Team
The Neo Space Group (NSG) will focus on cutting-edge technologies in four dedicated business segments: satellite communications, earth observation and remote sensing, satellite navigation and Internet of Things, as well as a satellite and space-focused venture capital fund.
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Dr. William Greene, CIO of the Hevolution Foundation, joins The 966 to talk latest investments, strategy for Hevolution
- April 15,2024
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- SUSTG Team
William Greene, MD, Chief Investment Officer (CIO) of the Hevolution Foundation, joins The 966 to talk about Hevolution’s investment strategy and role as an investor in the emerging field of Healthspan Science. As CIO, Dr. Greene oversees all aspects of Hevolution Foundation’s investment strategy, planning, analysis, and execution.
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Report: China, Eying Increased Influence in the Middle East, Presses Iran to Rein in Houthi Attacks in Red Sea – Reuters
- January 26,2024
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- SUSTG Team
A recently-published Reuters report says that top Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or risk harming business relations with Beijing, citing four Iranian sources and a diplomat familiar with the matter.
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MUST-READS
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Cell TowersDigital Bridge Said to Be a Lead Bidder in Mobily Tower Sale
Digital Bridge Holdings is among the leading bidders for Etihad Etisalat Co.’s portfolio of wireless towers in Saudi Arabia, a sale that could fetch as much as $2 billion, according to people with knowledge of the matter.
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Satellite ImageryDigitalGlobe and Saudi government sign joint venture on satellite imaging constellation
Westminster, Colorado-based DigitalGlobe operates a fleet of large high-resolution satellites whose imagery is sold worldwide. The company’s principal customer is the U.S. government, through a large contract renewal yearly, with the U.S. National Geospatial-Intelligence Agency.
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Sectarianism and Social MediaSectarian Twitter Wars: Sunni-Shia Conflict and Cooperation in the Digital Age
Amid mounting death tolls in Iraq, Syria, and Yemen, sectarian discourse is on the rise across the Arab world—particularly in the online sphere, where extremist voices are amplified and violent imagery and rhetoric spreads rapidly.
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Iran's EconomyIran’s digital start-ups signal changing times
Western business people returning to Iran in the wake of the nuclear deal may be surprised to find plenty of entrepreneurial drive from a new generation of online start-ups, which have appeared despite years of international sanctions.
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Banking: ME and AfricaDigital Transformation Drives New Profits in Banking in Middle East and Africa
There are no qualms about it. For banking, Africa and the Middle East represent one of the biggest opportunities of our generation. They are already dynamic markets for personal banking, portfolio management, institutional investment. And they will only get much, much bigger as digital banks, next generation banking, online banking, and other financial services arrive to claim their stake.
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Snapchat and MeccaSnapchat opens digital window on Mecca to millions
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CyberThe Invisible (Digital) War
Every day, an invisible war is waged across the planet. Hundreds of gigabits of data bombard servers every second in nonstop digital warfare targeting the free flow of information.
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Digital Arabic ContentDigital Arabic Content: an industry brief
In the past few years, the MENA region has witnessed a rapid growth of internet and smartphone penetration - and these trends are projected to increase in the foreseeable future. Despite this, the Digital Arabic Content (DAC) field has not grown with the same pace and industry experts point to a significant gap in both the quality and quantity of Arabic content online.
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HealthcareMENA, birthplace for a digital health revolution?
Healthcare proves both a critical and rapidly growing sector in the Middle East and North Africa, with demand far outpacing supply owing to the growing population and shifting disease demographics, the latter largely prompted by sedentary lifestyle habits resulting in the rising prevalence of obesity, diabetes and cardiovascular diseases. In 2011, approximately 27 million people in the region had diabetes according to the International Diabetes Federation. In barely four years, that number has already risen to 37 million, and IDF estimates nearly 68 million diabetes sufferers by 2035.
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Startups in Iraq10 digital startups debut at a demo day first in Tehran
Since launching in 2014 the Tehran-based accelerator AvaTech has taken 10 digital startups successfully onto their first demo day. The event, held in Tehran last week, saw startups covering education, social media, news and project management present their products to investors.
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