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Recent stories from sustg
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Saudi Technology Ventures Report Sees 45 New MENA Unicorns in the Next Eight Years
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 Ministry of Investment Releases Q2 Investment Highlights Report; 49 Closed Investment Deals Worth More Than $925m Inked
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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Eyad Albayouk from Flat6Labs talks Saudi VC and KSA’s startup ecosystem, reacting to the unveiling of The Line at NEOM and more
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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Saudi Oil Exports Jump 106% Year-on-Year to Over $30 Billion in May 2022; US Sees Room for More Saudi, UAE Production
Saudi Arabia’s oil exports jumped 106 percent, reaching SR116 billion ($30 billion) during the month of May 2022 while compared to the same period last year, according to the latest report published by the General Authority for Statistics (GASTAT), released on Monday.
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Report: Saudi Arabia Plans Air Cargo Roadshows to Boost Distribution, Logistics Sector
Saudi Arabia plans to stage a number of roadshows in the next 12 to 18 months “as it seeks to persuade the likes of Amazon.com Inc., Alibaba Group Holding Ltd. and Deutsche Post AG’s DHL to help scale up air-cargo and distribution operations,” Bloomberg reports.
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Saudi Arabia’s King Salman Allocates $5.3 Billion in Inflation Relief Aid
Saudi King Salman bin Abdulaziz Al Saud issued a royal decree this week ordering the allocation of SR20 billion ($5.33 billion) in financial support to tackle the effects of the rising global prices and inflation.
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United Nations Recognizes Saudi Arabia’s Tawakkalna App with Public Service Award for 2022
Saudi Arabia’s game-changing Tawakkalna app has been awarded the United Nations Public Service Award 2022 for institutional resilience and innovative responses to the COVID-19 pandemic, Arab News and the Saudi Press Agency reported. The award was given to Dr. Abdullah bin Sharaf Alghamdi, President of the Saudi Data and AI Authority (SDAIA), at an annual forum that recognizes distinguished […]
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New Report Places Saudi Arabia at Seventh Most Competitive Economy Among G20 Countries
A new report published by the Switzerland-based International Institute for Management Development (IMD) said that Saudi Arabia ranked as the seventh most competitive economy among G20 countries in the organization’s publication, the World Competitiveness Yearbook 2022.
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A conversation with Mark Thompson and Neil Quilliam on their new book on Saudi Arabia, reacting to the latest with LIV Golf, and more
In episode 47, the hosts welcome on Dr. Mark Thompson and Dr. Neil Quilliam, authors of a new book on Saudi Arabia’s governance and policymaking, for a fascinating discussion on how decision-making is changing and evolving at all levels in Saudi Arabia as Vision 2030 continues apace.
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President Biden Praises ‘Courageous Leadership’ in Saudi Arabia over Yemen Truce; Plans June Visit
President Joe Biden praised Saudi Arabia’s “courageous leadership” on brokering and then leading the way to extend a U.N.-brokered ceasefire on Thursday between Yemen’s warring parties, according to reports. The comments come as President Biden reportedly is likely to visit the Kingdom this month.
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MUST-READS
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Sixty Years of Egyptian Politics: What Has Changed?
The Egyptian state has undergone three major regime transitions since Gamal Abdel Nasser’s rule, with the current regime reversing much of the policies put in place by the first.
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Israel’s use of fatal fire in Gaza: Excessive force or justified mob control?
About 1,360 Palestinians were shot over the course of about eight hours Monday, the Palestinian health ministry in Gaza said. All the dead were shot on the Palestinian side of the fence, and the border fence, though damaged, was never breached. No Israeli soldiers were reported injured.
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Saudi-con Valley? Kingdom’s bid for global tech leadership
“Through the Public Investment Fund, its open approach to regulating emerging technologies, and evolving entrepreneurship ecosystem, Saudi Arabia is emerging as a very serious contender to Dubai,” he said.
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Perspective: Will Saudi Arabia’s Social Revolution Provoke a Wahhabi Backlash?
Saudi Arabia’s new de facto ruler, Crown Prince Mohammed bin Salman, is pushing his country at breakneck speed into major social reforms, rousing concern about a backlash from the kingdom’s ultra-conservative Wahhabi religious establishment
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Metro will stay open later for Caps-Lightning Games 3 and 4 — thanks partly to … Qatar?
On Tuesday, Evans told The Washington Post that the tiny, wealthy nation of Qatar has agreed to pay the $100,000 fee to keep Metro open until 12:30 a.m. on Thursday, when the Capitals host Game 4. That game also is set for an 8 p.m. start.
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How Much Has the US Spent to Fight Terror? Here’s a Guess
Seventeen years after the fall of the twin towers and the beginning of the “Global War on Terror,” the United States still has no clear sense of what it’s spent on counterterrorism.
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Who Ordered Black Cube’s Dirty Tricks?
I had no idea that the man in question was working for Black Cube, a private Israeli intelligence firm now best known for its expertise in intimidating and silencing women who had been sexually abused by Harvey Weinstein
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Commentary: Bahrain and Israel: Quo Vadis?
What is less known, however, is that over the past decade Bahrain has consistently called for a comprehensive Arab-Israeli peace.
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Mission Impossible? Eight White House Requirements Iran Must Meet as Part of a Post-JCPOA Strategy
President Trump's new strategy speech was followed by a flood of exaggerated criticism that ignored the actual strategy document, the text of the Department of Defense national security strategy that followed, and the content of the FY2019 budget submission. It treated a conservative, but balanced set of documents as extreme and almost isolationist.
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Commentary: Can The Saudi Exchange Survive The Aramco Listing?
This solid presence of oil on Tadawul will without a doubt affect the price movements of non-oil stocks, effectively deepening Saudi Arabia’s dependence on the industry it wants to wean itself from.
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