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The Future of Fintech and Blockchain with Amit Sharma, CEO of FinClusive
- November 27,2023
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- SUSTG Team
Amit Sharma, CEO and Founder of FinClusive Capital, a hybrid fin-/reg-tech company based in the United States, joins The 966 to talk digital banking, fintech and more. Finclusive, headquartered in New York, New York, is a global compliance, digital identity and payments platform for a new era of financial services.
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Saudi Crown Prince Mohammed bin Salman invited to visit UK – BBC Report
- August 17,2023
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- SUSTG Team
Crown Prince Mohammed bin Salman has been invited to visit the UK, the Saudi Arabian embassy has told the BBC.
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Saudi Arabia rises on Expat Insider 2024 rankings
- July 12,2024
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- SUSTG Team
For its 11th edition of the Expat Insider survey, InterNations surveyed 12,500 expats representing 175 nationalities living in 174 countries or territories on their thoughts on what it’s like to live and work abroad.
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FIFA Series 2024 Friendly Matches Kick Off in Jeddah
- March 21,2024
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- SUSTG Team
The FIFA Series: Saudi Arabia A will be held in Jeddah, Saudi Arabia from March 21–26, 2024. The event will feature two groups, including Cambodia, Equatorial Guinea, Guyana, and Cape Verde. The series is designed to help national teams that do not often play teams from other confederations, and FIFA will cover the teams’ travel costs. There will be […]
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2nd Edition of FII in Miami, Florida Kicks Off Tomorrow
- February 21,2024
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- SUSTG Team
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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Saudi Arabia NEOM Investment fund to hold 6% in Italy’s Technogym
- December 4,2023
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- SUSTG Team
Saudi Arabia NEOM Investment Fund (NIF) will hold 6% of Technogym share capital after an 111-million-euro ($120.83 million) investment and “intends to be a long-term minority shareholder in the Italian fitness-equipment maker,” the fund said on Friday per a report in Reuters.
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Physician and media commentator Dr. Qanta Ahmed joins The 966 to talk about ‘colossal’ changes in Saudi Arabia and much more
- July 14,2023
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- SUSTG Team
Physician, non-fiction author, and broadcast media commentator and writer Dr. Qanta Ahmed joins The 966 from New York to discuss the “colossal” changes in Saudi Arabia since Vision 2030 was launched and her view that Saudi Arabia has emerged as an increasingly important and influential global power. Dr. Qanta is an Academic Pulmonologist and Sleep Disorder Specialist at NYU […]
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Buy Now, Pay Later (BNPL) services on the rise in Saudi Arabia
- July 15,2024
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- SUSTG Team
In a recent study, Redseer Strategy Consultants shared that the use of Buy Now, Pay Later (BNPL) services is on the rise in the Middle East. The UAE and Saudi Arabia outscored their regional peers.
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NYT Reports on Proposed $40B Saudi AI Investment
- March 20,2024
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- SUSTG Team
The New York Times’ Maureen Farrell and Rob Copeland report that Saudi Arabia is working with Wall Street banks to establish a $40 billion AI-focused investment fund.
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SoftBank to Create Industrial Robots for Saudi Arabia
- February 22,2024
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- SUSTG Team
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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MUST-READS
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Iran Asks Saudi Arabia to Restore Ties, Reopen Consulates to End Yemen War
Iran has asked Saudi Arabia to reopen consulates and re-establish diplomatic ties as a prelude to ending the war in Yemen, with timing emerging as the key sticking point in Iraqi-brokered talks between the regional rivals, according to two people with knowledge of the discussions. While world powers push for negotiations to resurrect the Iran nuclear deal, the Islamic Republic has quietly held four rounds of discussions aimed at easing years of tension with Saudi Arabia. The focus has been on Yemen, where the two countries back opposing sides.
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Saudi Arabia calls on UN Security Council to impose deterrent measure on Yemen’s Houthis after Jazan airport attack
The drone attack, the latest Houthi attempt to strike across the border into the Kingdom, also caused damage to the airport in Jazan.
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U.N. ends Yemen war crimes probe in defeat for Western states
Bahrain, Russia and other members of the U.N. Human Rights Council pushed through a vote on Thursday to shut down the body's war crimes investigations in Yemen, in a stinging defeat for Western states who sought to keep the mission going. Members narrowly voted to reject a resolution led by the Netherlands to give the independent investigators another two years to monitor atrocities in Yemen's conflict.
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Commentary: Iran, Saudi Arabia agree to create mechanism to end Yemen war, restore ties
After a months-long hiatus due to the power transition in Tehran and the annual Haj pilgrimage, Iran and Saudi Arabia last week resumed their dialogue in Iraq. Amwaj.media has learned that the fourth round of talks between the two sides was held at Baghdad International Airport. The main issue on the table was Yemen as well as the restoring of bilateral diplomatic relations.
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EU applying pressure for Yemen ceasefire, halting attacks on Saudi Arabia, says official
“The EU countries are Saudi Arabia’s largest strategic partner,” EU High Representative for Foreign Affairs and Security Policy Josep Borrell Fontelles said during a press conference in Riyadh with Saudi Foreign Minister Prince Faisal bin Farhan. “We fully support a peaceful settlement in Yemen. The European Union supports Saudi Arabia’s efforts to end the crisis in Yemen.”
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Clashes between separatist forces kill four fighters in Yemen’s Aden
Clashes in the Yemeni city of Aden on Saturday between members of the separatist Southern Transitional Council (STC) killed at least four fighters before armoured vehicles were deployed and calm was restored, security sources and residents said. Residents had reported heavy gunfire throughout the day in Aden's central Crater district that houses government headquarters and the central bank. The port city has seen tension between the internationally recognised government and the STC over control of the south of the country.
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White House aide discusses Yemen with Saudi crown prince
"They had a detailed discussion of Yemen conflict, and both parties endorsed the efforts of the new UN Special Envoy to Yemen Hans Grundberg and agreed to intensify diplomatic engagement with all relevant parties. Special Envoy Lenderking will remain in the region to follow up on the detailed discussions," the official said.
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U.S. to press Saudi crown prince for Yemen cease-fire
Sullivan is being dispatched at a moment when the situation in Yemen, the Arab world's poorest country, has further deteriorated. Fighting has intensified in the key city of Marib, as Iran-backed rebels have sought to oust the Saudi-backed government from the oil-rich city in the country's north. International efforts to end the war have been fruitless. Tim Lenderking, the U.S. special envoy for Yemen, called out the Houthis in July for continuing "to refuse to engage meaningfully on a cease-fire and political talks." Saudi Arabia offered a cease-fire proposal to Yemen's Houthi rebels earlier this year as it looked to rehabilitate its image with the Biden administration.
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Scores killed in fierce fighting over Yemen’s strategic city of Marib
The Houthis initially escalated their efforts to seize Marib in February, hoping to seize control of the region's oil resources and strengthen their position in peace talks. Marib, about 120 kilometres (75 miles) east of the rebel-held capital Sanaa, sits at a crossroads between the southern and northern regions and is key to controlling Yemen's north.
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Protests in Yemen’s third-largest city against crumbling currency
Security forces fired shots in the air to disperse hundreds of protesters in Yemen's third-largest city of Taiz on Monday as unrest over poverty spread in areas held by the Saudi-backed government. Dozens of people blocked a street and entrances to several districts in the disputed southwestern city with rocks and burning tires, witnesses said, before the crowd swelled to hundreds protesting sharp drops in the currency that has stoked inflation.
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