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Saudi Arabia Announces New Permit Requirement for Content Creators, Social Media Influencers
- August 11,2022
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- SUSTG Team
Saudi Arabia will require all social media users and content creators who are monetizing their posts and stories to apply for and receive a permit from the Kingdom’s General Commission for Audiovisual Media (GCAM), a report in Arab News said.
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Saudi Technology Ventures Report Sees 45 New MENA Unicorns in the Next Eight Years
- August 10,2022
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- SUSTG Team
The MENA region is set to witness the birth of more than 45 unicorns in the next eight years, with an estimated total equity value to reach more than $100 billion, according to a new Saudi Technology Ventures (STV) report.
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Saudi Arabia Expected to Join $1 Trillion+ Economies in 2022
- August 9,2022
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- SUSTG Team
Saudi Arabia’s economy is expected to cross the $1 trillion mark, joining the largest economies in the world as the Kingdom’s GDP is expected to soar in 2022 on the back of high oil prices.
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Saudi Ministry of Investment Releases Q2 Investment Highlights Report; 49 Closed Investment Deals Worth More Than $925m Inked
- August 8,2022
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- SUSTG Team
Saudi Arabia’s Ministry of Investment (MISA) released its 2Q 2022 Investment Highlights report, which touts over $925 million in investment deals in the second quarter of this year.
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Knight Frank’s Faisal Durrani on real estate trends in Saudi Arabia, the Saudi economy has a big 2Q, and more…
- August 5,2022
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- SUSTG Team
Episode 55! The 966 welcomes Faisal Durrani, Partner and Head of Middle East Research at Knight Frank, the London-based global real estate consultancy. Knight Frank just released two reports on Saudi Arabia’s commercial and residential real estate sectors, providing unique insights into one of the world’s fastest growing real estate markets. Faisal joins The 966 […]
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Report: Saudi, UAE Save Remaining Spare Capacity for Potential Winter Supply Crisis
- August 4,2022
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- SUSTG Team
According to a report in Reuters, OPEC+ production leaders Saudi Arabia and the United Arab Emirates stand ready to deliver a “significant increase” in oil output “should the world face a severe supply crisis this winter,” sources familiar with the thinking of the top Gulf exporters told Reuters in an exclusive report.
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OPEC, Allies Agree to Increase in Oil Production
- August 3,2022
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- SUSTG Team
Saudi Arabia and the OPEC+ group of oil-producing countries agreed to a small increase of 100,000 bpd in oil production on Wednesday after the U.S. and other consuming nations called for more crude in the market, according to reports.
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Saudi Arabia’s Economy Expanded 11.8% in the Second Quarter; Non-Oil PMI Rises to 8-Month High — Jadwa Investment
- August 2,2022
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- SUSTG Team
Saudi Arabia’s economy expanded 11.8% in the second quarter of 2022, Bloomberg reports, maintaining the fastest pace of growth since 2011 as oil prices boost the Kingdom’s economy. Beyond oil, however, Saudi Arabia is seeing positive signs in the non-oil economy as the Kingdom continues apace with economic reforms as part of the Kingdom’s Vision 2030.
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Saudi Arabia Eyes Hosting of 2026 Women’s Asian Cup
- August 1,2022
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- SUSTG Team
Saudi Arabia has joined Australia, Jordan and Uzbekistan as nations who have expressed interest in hosting the 2026 Women’s Asian Cup, the Asian Football Confederation (AFC) said on Monday as reported in Reuters.
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Eyad Albayouk from Flat6Labs talks Saudi VC and KSA’s startup ecosystem, reacting to the unveiling of The Line at NEOM and more
- July 29,2022
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- SUSTG Team
Episode 54! The 966 talks with Eyad Albayouk from the VC firm Flat6Labs KSA. Eyad chats with us about Saudi Arabia’s growing startup ecosystem and entrepreneurship in the Kingdom, and the state of Saudi VC in 2022 as the Kingdom ramps up Vision 2030 execution. Before the interview, the hosts discuss the recently announced megaproject, […]
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MUST-READS
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Saudi Arabia’s Art World Has Long Been Isolated. With Its First Ever Biennial, It’s Looking to Usher in a New Chapter
The rules of engagement for the cultural scene in what is an extremely conservative nation are still unclear. Tinari was likely tapped for his experience in running a museum in China, which requires the fine art of dealing with the People’s Republic and censorship.
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Arqit in ‘smart city’ deal with Saudi Arabia’s Neom project
David Williams, founder and chairman of Arqit, said the company will use a distributed ledger technology called Quantum Blockchain, which is “designed to deliver financial payments and smart contracts in a way that is sustainable, energy-efficient and can manage instantaneous transactions at close to zero cost”. He said: “Neom is without doubt leading the world in the development of cognitive communities, and therefore the perfect launch partner for this technology.”
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‘West Side Story’ Will Not Play In Saudi Arabia & Other Parts Of Middle East
The situation is somewhat reminiscent of what happened in early November with Disney/Marvel’s Eternals which featured a same-sex kiss. At the time, Saudi Arabia and censors in other markets also sought cuts beyond any scenes of intimacy and Disney opted not to make them, hence distribution certificates weren’t issued. In the UAE, a version of Eternals was ultimately released that removed all scenes of intimacy — heterosexual and homosexual as is generally normal practice for these markets.
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Spartan Race returns to Saudi Arabia
Saudi Arabia’s first Spartan Race took place in the mountains of Al-Soudah during the Asir Season in 2019, drawing more than 1,500 competitors and spectators. The race returns to the Kingdom on January 21, 2022, taking place at Dirab Park in Riyadh from 7am to 4pm.
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Finnish runner to cross Saudi Arabia’s Empty Quarter, the world’s largest sand desert
Jukka Viljanen will set off on Dec. 6 on a 25-day journey through 1,300 km of desert terrain, with the aim of becoming the first person to run across the massive desert
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AlUla Oasis: six artists to visually transform the cultural site in Saudi Arabia
Six artists have been living in AlUla Oasis in north-western Saudi Arabia since the start of November as part of the pilot version of AlUla's first artists' residency programme. They have been collaborating with specialists who are developing the natural oasis into the planned 50-square-kilometre hospitality, heritage and cultural venture.
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How to watch Saudi Arabian Grand Prix 2021: UK start time, live stream, TV channel, standings and F1 schedule
With four races to go Verstappen held a 19-point lead, but Hamilton – having already overcome a 32-point deficit earlier in the season to temporarily move in front of his Red Bull rival – has since reduced the gap to just eight points thanks to wins in Brazil and Qatar.
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Saudi Arabia artist paints Riyadh’s walls atop a crane
Saudi mural artist Noura bint Saidan puts the final touches to her mural creation of Egyptian singer Umm Kulthum on the Boulevard in Riyadh, Saudi Arabia.
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Quick-commerce startup YallaMarket eyes Saudi Arabia and Qatar next year after U.A.E expansion
YallaMarket, a Dubai-based quick-commerce startup, is planning to expand within the United Arab Emirates (U.A.E), and to enter Saudi Arabia and Qatar next year, to tap the appetite for speedy and convenient grocery shopping. The startup, which was formally launched last month, is expanding in the U.A.E cities of Abu Dhabi and Dubai by setting up an additional 100 dark stores to offer 15-minute delivery services. Dark stores are order fulfillment centers for online retail outlets. These stores are inaccessible to customers but serve the important role of rapid order fulfillment. YallaMarket has two dark stores that are currently operational with plans to open two more in the next two weeks.
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Ericsson inks partnership to boost 5G, 6G research in Saudi Arabia
Ericsson and KAUST will utilize machine learning (ML) for frequency-selective wireless channels, with the aim of using deep learning to solve channel estimation and resource allocation problems for massive multiple-input multiple-output (MIMO) systems. Moreover, Ericsson and KAUST will look into transparent and flexible intelligent surfaces for 5G and beyond enhanced communication, as future communication networks will have more emphasis on high data rates, low latency, and high security,
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