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MUST-READS

  • China’s ‘Particle Beam Cannon’ Is a Nuclear-Power Breakthrough

    In a typical fission reactor, atoms of heavy isotopes such as uranium-235 are broken apart, releasing energy. The process also releases extra neutrons, which collide with other atoms and break them apart in a chain reaction. The broken atoms are spent fuel that is cooled for a few years and then carefully stored for a few centuries. But a proposed new type of reactor built with this “cannon”—formally, a proton accelerator—could recycle this spent fuel, making it cheaper and safer to generate electricity.

  • Commentary: Golfers weigh the PGA’s monopoly power against Saudi Arabia’s human rights record

    There is good reason to believe an antitrust battle may be looming—Norman has threatened one. “I can only speak on information given to me by our legal team, and I have an extremely talented legal team in antitrust and anticompetitive laws, and we believe we’re in the right position,” Norman told ESPN. “We believe the players are independent contractors and have a right to go play wherever they want to go play.”

  • How a battery shortage is hampering the U.S. switch to wind, solar power

    U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy. At least a dozen storage projects meant to support growing renewable energy supplies have been postponed, canceled or renegotiated as labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry crimp supply.

  • Entrepreneurial bootcamp empowers Saudi women

    King Abdullah University of Science and Technology (KAUST) announced the completion of a bootcamp that welcomed 45 Saudi-based female founders as part of the “Empowering Saudi Women Through Entrepreneurship" program. The Saudi-first program has been developed in partnership with the University of Texas at Austin’s Global Innovation Lab (GIL), a unit of Texas Global, and the U.S. Consulate General Jeddah. It aims to build the capabilities of female entrepreneurs in Saudi Arabia and the entrepreneurial ecosystem while expanding access to domestic and global markets.

  • Saudi Arabia’s Abaya Signals a New Era of Fashion, Empowerment, and Cultural Pride

    In malls, cafes, and urban spaces in Saudi Arabia today, women are wearing an array of fashionable abayas. Depending on the season, they are linen or velvet. There are abayas in deep, monochromatic colors or pastel ones, left open to reveal a casual outfit underneath. For women who grew up in Saudi Arabia during the last three decades, there were only two styles – those that clasped in the front, worn over the shoulders, and those that slipped over the head – and always in the color black.

  • KPMG Report: Saudi women driving empowerment, transformation in family businesses

    According to the publication, mentorship and networking are essential components of professional success, regardless of gender. In Saudi Arabia, with the increasing participation rates of women in the workforce, finding a mentor, especially a female mentor, can be a daunting task. Women who were the first to enter the workforce and work in family businesses have gone through many challenges and are strategically placed to manage this dilemma.

  • UAE’s educational reforms will ’empower future generations of independent thinkers’: Expert

    The restructuring included a slew of appointments as well as the establishment of the Federal Authority for Quality and Standards of Education, which will measure educational outcomes, student performance, and the efficiency of the educational process.

  • Deliverect promises to empower the F&B industry in Saudi Arabia

    Founded in 2018, Deliverect’s platform automates restaurants’ online order flow through a single point, taking delivery, table app or takeout requests from services like Zomato, Talabat, Deliveroo, Careem, Hungerstation and more and transferring them to the kitchen. Small independent restaurants and large global chains such as KFC, Time Out Market, Hamburgini, Pinza, Poke & Co, Sauce Capital, Kuwait London Company, Outback Steakhouse and more use Deliverect to bring their meals to customers.

  • Saudi ACWA Power Q1 net profit up 9% to $41mln

    Saudi Arabian utility developer ACWA Power has posted a net profit of 151.9 million riyals ($40.5 million) after zakat and tax for Q1 2022, a 9 percent increase from the year-ago period. The effort missed most expectations. Financial data provider Refinitiv had calculated a mean analysts’ estimate of 413 million riyals.

  • UAE Prince Who Reshaped Region Named Ruler of Oil-Rich Power

    Crown prince of Abu Dhabi since 2004, MBZ controls the world’s fourth-richest wealth fund and about 6% of proven reserves of crude oil. He’s also helped hone the UAE’s image as a socially liberal, pro-business oasis in a turbulent region while keeping a tight grip on dissent and blanketing the country with high-tech surveillance. He was born in the oasis town of Al Ain in 1961, several years after the first discovery of oil in Abu Dhabi and a decade before his father helped to form a nation out of seven sheikhdoms. A graduate of the UK’s Royal Military Academy at Sandhurst, he served in the UAE’s special forces and as a helicopter pilot.