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Gidori, a New Private Golf-Focused Community and Destination at NEOM, Announced with A Focus on Lush Landscaping
The Board of Directors of NEOM has announced Gidori – an exclusive private golf community set amidst the breathtaking coastal hills of the Gulf of Aqaba – as the latest addition to NEOM, the evolving regional development in northwest Saudi Arabia, according to a press release.
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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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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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Kingdom Launches ‘Alat’, A New Effort to Transform Saudi int Electronics and Advanced Industries Hub
Saudi Arabia’s Crown Prince Mohammed bin Salman announced on Thursday the launch of a new Public Investment Fund company called “Alat,” which will contribute to the aim of making Saudi Arabia a global hub for sustainable technology manufacturing that focuses on advanced technologies and electronics, Saudi Press Agency reported.
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At Davos, Kingdom Pushes Diplomacy and PIF Talks 2024 Investment Strategy
Saudi Arabia’s strong presence at the World Economic Forum in Davos, Switzerland is emblematic of an increasingly confident Kingdom on the global stage, with top officials from both the government and Saudi Arabia’s Public Investment Fund on the ground to promote Saudi Arabia’s interests.
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New Mega Mountain Resort Aquellum, a ‘Subterranean Digitalized Community of the Future,’ Added to NEOM’s Growing Vacation Destination Offerings
NEOM has announced Aquellum, a new “luxury and experiential” vacation destination which is the latest addition to the ongoing regional development in northwest Saudi Arabia.
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The 966 Episode 117: Saudis are optimistic, but what does 2024 have in store for Saudi Arabia and the Middle East?
The 966 hosts kick off the new year after a refreshing holiday break following a successful year for the podcast in which the growth of the audience more than doubled across all platforms, and in some cases, grew significantly more than that! The team thanks all of its listeners and viewers for tuning in each […]
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United States Breaks Ground on New Embassy Compound on 27.5-Acre Site in Riyadh
The United States has officially broken ground on its new embassy project in Saudi Arabia’s capital Riyadh, a sprawling new building blending traditional and modern architecture on a 27.5 acre site. When completed, it will be the largest embassy in Riyadh.
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Al-Falih Says Vision 2030’s Impact on Saudi Economy is Visible in 66% Increase in GDP
Saudi Arabia’s Minister of Investment, HE Khalid Al-Falih, said that the Kingdom’s gross domestic product (GDP) has increased by 66 percent since the launch of Saudi Arabia’s Vision 2030.
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MUST-READS
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Biotechnology solution could be key to unlocking Saudi food security
Scientists at King Abdullah University of Science and Technology (KAUST) have devised new techniques that can produce nutritious microalgae in industrial volumes, which could interest countries looking to diversify themselves off imported feed products and promote domestic food security. Algae is recognised as a superfood that can be grown cheaply with just sunshine, carbon dioxide and water. However, cultivation at scale is difficult meaning its potential has yet to be realized. Scientists working at KAUST’s new Saudi Center for Algal Biotechnology Development and Aquaculture, have developed their own Spirulina and Chlorella strains of algae which is uniquely adapted to seawater. The innovation dispenses with the need for freshwater and makes the production of livestock feed cultivated from algae sustainable and economically viable.
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Exclusive: Prince Khaled bin Alwaleed reveals new investments in fusion technology and DTC startups, urges more VC funding for sustainability tech
“What inspires a lot of confidence in me is founders that know their market, their competition, their numbers,” he added. Prince Khaled stressed the significance of a robust understanding of the market, competition and financial metrics. Founders who demonstrate a deep knowledge of these aspects inspire confidence and are more likely to secure KBW Ventures’ backing. One company that impressed Prince Khaled was —A Dozen Cousins, a natural food brand specialising in authentic Creole, Caribbean and Latino-inspired dishes, founded by CEO Ibraheem Basir. The company’s brand narrative is influenced by Basir’s childhood spent in the culinary melting pot of Brooklyn and is named after his daughter and her 11 cousins. Basir met Prince Khaled at InFlavour, a leading B2B food event hosted by Tahaluf in partnership with the Saudi Ministry of Environment, Water and Agriculture (MEWA). A Dozen Cousins won in the conference’s startup competition, with Prince Khaled participating as a judge.
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Alat: Spearheading Sustainable Technology Manufacturing with Clean Energy in Saudi Arabia
Through strategic partnerships with international manufacturing and technology leaders, Alat endeavors to transform the global industrial landscape by offering sustainable solutions powered by clean energy. By manufacturing a diverse range of products across vital sectors such as robotics, communication systems, and digital entertainment, Alat aims to strengthen local innovation, research, and development while creating job opportunities and boosting economic growth.
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New-wave reactor technology could kick-start a nuclear renaissance — and the US is banking on it
The Biden administration and American companies are plowing billions of dollars into SMRs in a bid for business and global influence. China is leading in nuclear technology and construction, and Russia is making almost all the world’s SMR fuel. The US is playing catch-up on both. There’s no mystery behind why the US wants in on the market. It already lost the wind and solar energy race to China, which now provides most of the world’s solar panels and wind turbines. The big problem: The US hasn’t managed to get an SMR working commercially on land.
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Saudi Arabia and Its Biotechnology Strategy
Like other branches of Vision 2030, the biotechnology strategy announced by the Crown Prince seeks to turn Saudi Arabia into a leading scientific capable of making major breakthroughs that change the way we think about humanity and our environment, in addition to allowing us to reach a high degree of self-sufficiency and leaving a positive social and economic impact. The plan is to build on 4 strategic pillars, starting with humanity... What about them?
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Saudi Arabia launches National Biotechnology Strategy set to transform the Kingdom
According to the official Vision 2030 website, the National Biotechnology Strategy will build on the Kingdom’s existing strengths, including access to robust capital, a large market, the government’s commitment, and a unique gene pool.
These factors will advance Saudi Arabia’s capabilities across four strategic plays: vaccines, bio-manufacturing & localization, genomics, and plant optimization.
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Saudi Arabia Integrates AI Technology to Enhance Visitor Guidance at Grand Mosque
A total of 52 screens, spanning 279 square meters, have been placed inside and outside the mosque to offer personalized guidance content for pilgrims. This approach utilizes the expertise of a specialized team, comprising scholars well-versed in religious and guidance aspects. The team curates bespoke content for specific occasions, ensuring the information is timely and relevant for the needs of visitors.
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Saudi Arabia Is Interested in Small Nuclear Reactor Technology
Saudi Arabia said it’s interested in studying technology for small modular nuclear reactors, as the Middle East’s largest oil producer looks to diversify its energy sources and generate cleaner power for domestic use and export. The kingdom is “a late-comer” to nuclear power and aims to study all types and applications of atomic generation, Prince Abdulaziz bin Salman, the Saudi energy minister, said Sunday at a climate conference in the capital, Riyadh. Saudi Arabia has been building a test reactor and is seeking US assistance as it looks to develop a nuclear program.
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Saudi Arabia Is Interested in Small Nuclear Reactor Technology
The kingdom is “a late-comer” to nuclear power and aims to study all types and applications of atomic generation, Prince Abdulaziz bin Salman, the Saudi energy minister, said Sunday at a climate conference in the capital, Riyadh. Saudi Arabia has been building a test reactor and is seeking US assistance as it looks to develop a nuclear program.
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Maritime industry explores nuclear power for ships as technology opens up
The maritime industry is exploring whether nuclear fuel can be used to power commercial ships as advancements in technology open up such options, industry officials said. Nevertheless, any possible nuclear fuel solutions for ships are at least 10 years away they added. Shipping accounts for nearly 3% of global CO2 emissions and the industry is under pressure from investors and environmentalists to find cleaner fuel solutions, which include ammonia, methanol and wind.
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