The SRCA urged citizens and residents to follow the instructions of the relevant authorities, exercise caution during bad weather, adhere to traffic safety rules, and avoid dangerous areas such as streams and rain pools. It encouraged people to report emergencies by calling 997.
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Recent stories from sustg
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Social entrepreneurship, the latest with Saudi golf, a new national holiday and much more with guest Ghadah Al-Harthi
- February 4,2022
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- SUSTG Team
Episode 25! Joining The 966 this week is a special guest, Dr. Ghadah Al-Harthi from London. Ghadah is Senior Consultant at Barker Langham, Associate Director MA Innovation Management, Central St Martins, and Young Adviser at Chatham House. This week, the hosts talk about the start of the Saudi international golf tournament, the announcement of a […]
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Saudi Arabia’s Non-Oil Exports Reach New Record in November; Stock Market Hits 15-Year Highs in January — Latest Jadwa Investment Chartbook
- February 2,2022
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- SUSTG Team
Saudi Arabia’s Jadwa Investment’s recent chartbook on the Saudi economy saw a mixed picture in the face of the threat of the Omicron variant, but confirmed good news about the all-important non-oil exports sector of the economy.
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Saudi Arabia Experiences Spike in Coronavirus Cases as Omicron Spreads Globally
- December 27,2021
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- SUSTG Team
Saudi Arabia is currently witnessing “a remarkable increase in the registration of coronavirus cases and this rise is linked to the wave of mutated Omicron variant,” according to local health officials.
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Saudi Arabia Accelerates Efforts to Boost Local Startup Growth
- December 23,2021
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- SUSTG Team
Saudi Arabia will accelerate efforts to boost local startup growth and develop Saudi Arabia’s entrepreneurship ecosystem with significant investments by the Public Investment Fund (PIF) into local startups in 2022, according to reports.
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Two Saudi Women to Compete in Dakar Rally 2022, a First for Kingdom
- December 15,2021
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- SUSTG Team
Two Saudi women, Mashael Al-Obaidan and Dania Akeel, will be the first female drivers from Saudi Arabia to compete in the Dakar Rally next month, Reuters reports.
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Senate Approves Biden Administration’s Weapons Sale to Saudi Arabia in Bipartisan Vote
- December 8,2021
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- SUSTG Team
The Senate on Tuesday gave a bipartisan vote of confidence to the Biden administration’s proposed weapons sale to Saudi Arabia, Politico reports, overcoming criticisms from some Senators on both sides. The Senate handily defeated an effort to block a $650 million sale of air-to-air missiles and related equipment to Saudi Arabia with a 67-30 vote.
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The 966 E. 14 – Saudi Stock Market to IPO, Shale Gas in KSA, and Discussing the Economy in 2022 with Guest Co-Host Fahad AlMalki
- December 3,2021
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- SUSTG Team
The 966 team welcomes its first co-host for the podcast’s weekly show, Fahad AlDehais AlMalki, a lawyer and capital markets expert in Riyadh. The hosts ask Fahad about starting up his own law firm in the Kingdom, and talk about big golf news in Saudi this week, a packed season of events in Riyadh, the […]
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Saudia Airlines Seeks 250-Strong Fleet by 2030 with Significant Aircraft Order – Report
- November 16,2021
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- SUSTG Team
Saudi Arabian Airlines, known as Saudia, is contemplating an aircraft order from Airbus SE or Boeing Co. “that could total well above 100 jets as part of a push to lure more tourists,” Bloomberg reports.
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Saudis Celebrate 7th Anniversary of King Salman’s Ascension to the Throne
- November 9,2021
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- SUSTG Team
Saudis celebrated yesterday the seventh anniversary of King Salman bin Abdulaziz’s ascension to the throne with social media posts and congratulatory messages, highlighting the King’s widespread popularity among Saudis.
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The 966, Episode 10 – A World’s Fair in Riyadh, Excavating Al-Ula, and will Saudi Arabia Produce Cars Soon?
- November 5,2021
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- SUSTG Team
This week on The 966 Episode 10, the hosts discuss how Saudi Arabia is in talks with several carmakers about manufacturing in the Kingdom’s borders. Also, a team of French and Saudi archaeologists has begun work on excavating near Al-Ula in Saudi Arabia in hopes of discovering the remnants of the ancient and long-forgotten kingdoms of […]
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Saudi Industry Minister highlights shift from expatriate labor to automation and local talent investment
During a business roundtable meeting organized by the Federation —the largest body representing the interests of manufacturing industries in Singapore— Al Khorayef emphasized Saudi Arabia’s strategic shift from reliance on expatriate labor towards automation and investment in local human resources.
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CEO of major Gulf defense firm, Saudi Arabia Military Industries, steps down
After serving four years as CEO of government-owned defense firm Saudi Arabia Military Industries (SAMI), Walid Abukhaled has resigned from his position, according to the company.
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Saudi Arabia continues airdrops of food aid to Gaza
Two planeload of food supplies landed in Jordan on Monday, on its way to distribute among the people of the Gaza Strip. The relief supply was airdropped in cooperation with the Jordanian Armed Forces to overcome the difficulties caused by the closure of the border crossings by the Israeli occupation forces.
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224 fintech companies in Saudi Arabia by end of Q2 2024: Al-Jadaan
Minister of Finance Mohammed Al-Jadaan said the number of fintech companies in Saudi Arabia reached 224 by the end of Q2 2024, surpassing the Financial Sector Development Program's (FSDP) target of 168 companies for the same period.
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Saudi Red Crescent on high alert as heavy rain falls on Makkah
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Saudi Arabia’s 24 Fintech conference kicks off in Riyadh, highlighting sector’s rapid growth and ambitious future
The Saudi fintech sector has witnessed a remarkable trajectory since 2018, attracting $1.84 billion in venture capital investments, according to the General Authority for Small and Medium Enterprises, or Monsha’at. Over this period, 216 Saudi-based startups have received funding, directly employing more than 6,500 people.
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Saudi Syarah closes $60 million in a Series C round
Saudi Arabia-based autotech Syarah has raised $60 million in a Series C round, led by Artal Capital, with participation from Elm, Impact46, Tawuniya, and Derayah Ventures, bringing the total investment to date to more than $82 million.
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Al-Jadaan unveils Saudi Arabia’s integrated strategy to accelerate digital transformation
Addressing the first edition of the International Conference on Financial Technology, '24 Fintech, at the Riyadh Front Exhibition and Conference Center on Tuesday, he said that the Kingdom has adopted an integrated strategy aimed at enabling and accelerating the government's digital transformation efficiently and effectively. "Saudi Arabia has targeted, since the launch of Vision 2030, accelerating the pace of transformation to advance the digital economy, as well as to ensure the sustainability of its growth and keep pace with the rapid development in the world of technology," he said.
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Virgin Atlantic is launching daily flights from London to Saudi
The UK airline will begin direct Virgin Atlantic Saudi flights to Saudi’s capital starting from Sunday March 30, 2025. The nonstop service will function directly from Riyadh to London Heathrow, taking around six hours and 50 minutes. Passengers will board the state-of-the-art A330neo, Virgin Atlantic’s newest fuel-efficient aircraft.
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Saudi fintech Malaa secures $17.3 million Series A
Saudi Arabia-based fintech Malaa has closed a Series A funding round at $17.3 million, led by SNB Capital, with participation from Derayah Financial, Khwarizmi Ventures, Impact46, and WKN.
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