Recent stories from sustg

• 2024 Esports World Cup in Riyadh Buzz Grows
  • May 28,2024

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  • SUSTG Team
   

  The inaugural 2024 Esports World Cup, an annual event replacing Gamers8 and run by the Esports World Cup Foundation, will take place in Riyadh this July 4 – August 24 featuring 20 events in 19 video game titles as well as the largest prize pool in esports history of over US$60 million.

   
• 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.

   
• “The Clean Hydrogen Economy and Saudi Arabia”: A Roadmap to Energy Leadership
  • May 21,2024

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  • SUSTG Team
   

  Faculty and researchers from King Abdullah University of Science and Technology (KAUST) and King Abdullah Petroleum Studies & Research Center (KAPSARC) have unveiled a new publication: “The Clean Hydrogen Economy and Saudi Arabia.” 

   
• U.S. and Saudi Arabia enhance energy cooperation agreement
  • May 17,2024

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  • SUSTG Team
   

  Building on the Partnership for Advancing Clean Energy Agreement signed in Jeddah on July 15, 2022, Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy of Saudi Arabia, met with U.S. Secretary of Energy Jennifer Granholm in Riyadh to set a detailed timeline for collaborative projects.

   
• Wamda’s Tawaref Series Provides Blueprint for Expanding in KSA
  • May 13,2024

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  • SUSTG Team
   

  Wamda has partnered up with Tawaref, a Saudi Arabia-based tech investment community that also provides startup advisory, legal consultancy and due diligence support, to publish a series of articles to help entrepreneurs navigate the Saudi market.

   
• 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.

   
• 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.

   
• PIF Increases Investment in Lucid
  • March 27,2024

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  • SUSTG Team
   

  Ayar Third Investment Company, a PIF affiliate, will buy $1 billion in convertible preferred stock and will be able to convert the preferred stock into about 280 million shares, according to a regulatory filing with the U.S. securities regulator.

   
• Hyundai and Red Sea Global Agree to Test EVs and Air Mobility Systems
  • March 25,2024

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  • SUSTG Team
   

  Hyundai Motor Group said on Monday it has agreed with Saudi Arabia’s state-sponsored developer Red Sea Global (RSG) to cooperate in the Middle Eastern country’s push for electrification and other eco-friendly future mobility projects.

   
• NYT Reports on Proposed $40B Saudi AI Investment
  • March 20,2024

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  • SUSTG Team
   

  The New York Times’ Maureen Farrell and Rob Copeland report that Saudi Arabia is working with Wall Street banks to establish a $40 billion AI-focused investment fund.

   
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