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PIF Announces Establishment of Sawani Company to Enable Growth of Camel Farming Industry
- July 20,2023
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- SUSTG Team
The Public Investment Fund (PIF) of Saudi Arabia announced the establishment of Sawani Company “to enable the growth of the Saudi camel farming industry and actively contribute to its sustainable development,” the fund said in a press release.
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Neom’s progress and opening date, Syria comes in from the cold, the Rua Al-Madinah giga-project and much more
- May 12,2023
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- SUSTG Team
Episode 86! The hosts fly solo today with lots to discuss from a busy week in Saudi Arabia. Richard’s One Big Thing is the recent developments on Saudi-Syria relations. Syria has come in from the cold in recent days as the Arab League and Saudi Arabia in particular prioritize engagement with Assad regime to solve […]
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Saudi Economy in 2023 Report: Saudi Non-Oil Economy Forecasted to Grow Over 5% — Jadwa Investment
- February 28,2023
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- SUSTG Team
Riyadh-based Jadwa Investment says it sees Saudi Arabia’s non-oil economy continuing its growth streak through 2023, “growing well in excess of 5 percent,” according to a report issued by Jadwa.
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Antonia Carver, director of Art Jameel, Riyadh’s New Murabba Development, Founding Day 2023 and more
- February 24,2023
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- SUSTG Team
In Episode 76, The 966 welcomes Antonia Carver director of Art Jameel, who discusses her work supporting artists and creative communities in the Middle East region and beyond. Art Jameel was founded by the Jameel family philanthropies and is headquartered in Saudi Arabia and the UAE and works globally. Before the discussion, the hosts talk […]
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Saudi Arabia Crown Prince launches New Murabba Development Co. to Develop Riyadh’s Downtown
- February 16,2023
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- SUSTG Team
Saudi Arabia’s Crown Prince, HRH Prince Mohammed bin Salman, has launched a new initiative called the New Murabba Development Co. to develop Riyadh’s downtown “through the building of a unique living, working, and entertainment experience.”
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Saudia Travelers to Get 4-Day Visa With Ticket Purchase in New Tourism Push
- January 26,2023
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- SUSTG Team
Saudi Arabia is set to relax its visa entry requirements further with a new program to boost tourism that grants a four-day visa to those who fly into the Kingdom on its national carrier, Saudia, according to reports.
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Todd Albert Nims, traction on green hydrogen, a $1 trillion economy and much more in The 966 Episode 69
- December 23,2022
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- SUSTG Team
Episode 69! Merry Christmas and happy holidays to our subscribers and listeners who celebrate. The 966 hosts kick off the second annual “Christmas spectacular” with a discussion of green hydrogen and news that Germany may be on of Saudi Arabia’s first big customers, and a discussion of Saudi Arabia as a $1 trillion (!) economy. […]
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Saudi Arabia’s PIF Buys 30 Percent Stake in Cooling Company Saudi Tabreed
- December 21,2022
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) has reportedly acquired a 30% stake in Saudi Tabreed, a leading cooling services provider in Saudi Arabia, according to a report in Bloomberg and Reuters.
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Prince Waleed bin Nasser Al-Saud from Saudi-based Consultancy Mukatafa, more on the U.S.-Saudi relationship, Saudi’s mining sector, and more
- November 11,2022
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- SUSTG Team
Episode 65! Prince Waleed Bin Nasser Al Saud joins The 966 — Prince Waleed is CEO of Mukatafa, a consultancy based in Riyadh that brings together the public and private sectors in Saudi Arabia, forming an ecosystem that enables the private, public, and third-party sectors to collaborate, integrate, and grow together as the Kingdom drives […]
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Crown Prince Mohammed bin Salman Unveils New Initiatives, Investments to Boost Supply Chain Resilience
- October 24,2022
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman has unveiled a new initiative designed to position Saudi Arabia as a global supply chain hub, called the “Global Supply Chain Resilience Initiative” (GSCRI).
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MUST-READS
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Astronomers’ divergence of views on first day of Eid Al-Fitr depends on a number of factors
There has been divergence of views among the Arab and Muslim astronomers and astronomical institutes with regard to the first day of the celebration of Eid Al-Fitr this year. Some of them cite that the Eid will fall on Friday while others say Eid would be on Saturday, and these are based on their astronomical calculations. The solar eclipse and some other factors were attributed to this. In such a scenario, only sighting of the Shawwal crescent in a clear weather on Thursday evening would put an end to the controversy.
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Study: Almost 60% of Saudi Arabia Consumers Choose Only Digital Money-Transfer Platforms, but Choice Still Matters
Consumers in Saudi Arabia predominantly view digital money transfers as the preferred way to send money now and in the future, according to research commissioned by Western Union. Yet many still want the power to choose between online and retail (in-person) experiences - depending on their convenience and needs. Exclusive insights show that today almost 60% of consumers who send money abroad prefer digital money-transfer services, compared to 22% who want choice, and 17% who send cash through retail channels only.
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Study: Almost 60% of Saudi Arabia Consumers Choose Only Digital Money-Transfer Platforms, but Choice Still Matters
Consumers in Saudi Arabia predominantly view digital money transfers as the preferred way to send money now and in the future, according to research commissioned by Western Union. Yet many still want the power to choose between online and retail (in-person) experiences - depending on their convenience and needs. Exclusive insights show that today almost 60% of consumers who send money abroad prefer digital money-transfer services, compared to 22% who want choice, and 17% who send cash through retail channels only.
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19 Newcomers Join Forbes Middle East’s Top 50 Most-Funded Startups 2022
Forbes Middle East has released its annual list of MENA's Top 50 Most-Funded Startups, celebrating the mission-driven young businesses attracting investor attention. Combined, the 50 startups on the 2022 list have raised $3.2 billion in funding, up from $3 billion in 2021.
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19 Newcomers Join Forbes Middle East’s Top 50 Most-Funded Startups 2022
Forbes Middle East has released its annual list of MENA's Top 50 Most-Funded Startups, celebrating the mission-driven young businesses attracting investor attention. Combined, the 50 startups on the 2022 list have raised $3.2 billion in funding, up from $3 billion in 2021.
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Commentary: Morocco’s World Cup victories are historical revenge for subaltern dreamers from the global south
Modern soccer was codified in nineteenth-century Britain and soon became a European favorite. The collective sport turned into a global sensation with the creation of the International Federation of Association Football (FIFA) and organization of the first World Cup in 1930 in Uruguay. Soccer remains a largely euro-centric sport today, supported by professional leagues, media, and capitals in the old continent with outliers in the Americas. Thus, soccer culture is linked to iconic players who built their careers in Spanish, British, Italian, and other European teams. It is also largely associated with ritualistic beer drinking, ultras chanting, and shots of beautiful white models featured on television screens.
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The world cup is not a MERS superspreader event
The sensationalist headlines about MERS are stoking all sorts of extreme reactions among readers. The very name of the disease is problematic, as it associates the virus to a location, adding stigma and causing confusion. One of the largest outbreaks of MERS was in South Korea, where 200 people got sick in 2015. Because of this risk, the UN recommends not naming pathogens after locations, although MERS pre-dates such guidelines.
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Yemeni farmers turn to planting wheat as prices bite
Some Yemeni farmers have turned to planting their own wheat as global disruptions dent imports and send prices soaring in Yemen where a seven-year conflict has pushed people deeper into poverty and left millions hungry. Farmer Khaled Maasar said most Yemenis cannot afford foreign wheat with prices rising to some 20,000 riyals, equivalent to $33. Food price inflation had already doubled in just two years in some part of the country.
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Egypt’s farmers are using apps to fight climate change
The looming threats of climate change and food insecurity, plus the hype surrounding the COP27 climate summit is drawing in more investors into Egypt.
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Swizz Beatz Is Opening An Immersive Roller Rink In Saudi Arabia
Swizz Beatz is ready to rock in Saudi Arabia. The producer/musician and his Good Intentions creative agency co-founder, Noor Taher, are onto their third project together — this time teaming up with the Royal Commission of AlUla to create the FIRST EVER immersive roller rink experience in Saudi Arabia, AlUla on Wheels, with music curated personally by Swizz. As part of the AlUla Wellness Festival, guests will glide under the twinkling desert stars in the art-centric AlJadidah district this October.
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