QUOTED

Quoted

“Education in the Kingdom today does not focus solely on knowledge. Through the establishment of the National Curriculum Center, the curriculum has evolved to be both knowledge-based and skill-oriented, with a focus on values. Education stresses enhancing skills from early childhood (ages 3-6), aiming to create an innovative and competitive generation by 2030, aligned with the labor market in the public, private, and nonprofit sectors.” Minister of Education Yousef bin Abdullah Al-Benyan, Education Minister at Misk Global Forum: Values are the Foundation of Education Success [Saudi Press Agency]

TOP STORY

Misk Global Forum 2024 underway in Riyadh

Misk Global Forum 2024

The Misk Global Forum 2024 is taking place November 18-19 in the Mohammed Bin Salman Nonprofit City “Misk City,” centered around the theme: “By Youth for Youth.” [more]

 

MORE TOP STORYLINES

First EU-GCC Summit Charts Course for Strategic Partnership

Via Leonardo Jacopo Maria Mazzucco in agsiw.org: On October 16, the European Union and the Gulf Cooperation Council held their first-ever summit. The meeting in Brussels, Belgium gathered leaders and representatives of the two organizations and respective member states at a critical juncture in the interinstitutional relations between the two blocs. The GCC region has rarely topped the EU strategic agenda. However, the acknowledgment of the growing interdependency between the two blocs showcased by global crises, such as the coronavirus pandemic and Russia’s war on Ukraine, and the rising diplomatic role of the Gulf Arab countries in global affairs have prompted Brussels to step up political engagement with the GCC. From a Gulf standpoint, the renewed resolve of GCC countries to diversify partners in a world order tilting toward multipolarity, coupled with the reconciliation after the 2017-21 Gulf crisis, has injected new life into the GCC project, strengthening the bloc’s standing as a meaningful institutional interlocutor.

EFG Hermes launches $300 million Saudi Education Fund, acquires Britus Education

in wamda.com: EFG Hermes, an EFG Holding company and the leading investment bank in MENA, announced today that its private equity arm has launched a $300 million Saudi Education Fund (SEF) with the target of building an institutional world-class K-12 operator in the Kingdom of Saudi Arabia. SEF aims to capitalise on the clear market opportunity that is evidenced by the growing student population in private schools, which is expected to more than double in line with Saudi’s 2030 vision targets and the critical need for strong operators to cater to such growing demand.

Saudi builder delivers homes to 1,000 people. Millions await.

Via Sarah Dadouch in semafor.com: ROSHN — a company wholly owned by the Saudi sovereign wealth fund the Public Investment Fund — is tasked with building around 400,000 new homes around the country by 2030, part of a nationwide goal of boosting Saudi home ownership to 70% by the same year.  The developer is changing the face of the capital by building up the northern part of Riyadh — or as many call it, the “New” Riyadh — into a glitzy, modern version of itself featuring integrated communities that include schools, as well as entertainment and commercial districts. ROSHN’s projects aim to house more than 2.2 million people by the end of the decade.

 

MORE ON THE KINGDOM AND BEYOND

Saudi Arabia hits 900+ sports sponsorships in quest for influence

The study mapped 910 sponsorships in different sports and 1,412 positions in 207 Saudi entities, noting that the kingdom has significantly expanded its web of...[By Ed Dixon via sportspro.com]

 

France’s EDF, TotalEnergies awarded Saudi solar tenders during Macron visit

TotalEnergies will build an 0.3 gigawatt (GW) solar park in Saudi Arabia, while EDF Renewables will build...[By America Hernandez via reuters.com]

 

KAPSARC and Climeworks to explore feasibility of Direct Air Capture solutions in Saudi Arabia

The MoU outlines a roadmap to assess the deployment of new DAC systems in the Kingdom, focusing on availability of natural resources including subsurface CO₂...[via climeworks.com]

 

Saudi Arabia and World Bank Group to Establish a Global Knowledge Hub in Riyadh

The World Bank Group–Saudi Arabia Knowledge Hub (K-Hub) will serve as a platform for knowledge generation and exchange to drive greater development impact for countries....[via worldbank.org]

 

How French and Saudi architects are redesigning the cities of tomorrow

Saudi Arabia today is synonymous with megaprojects. Since the launch of the Vision 2030 reform agenda, the Kingdom has rolled out a range of major...[By Zeina Zbibo via arabnews.com]

 

Saudi Arabia announces 5 new initiatives worth $60 million at SGI Forum

Saudi Arabia unveiled five new initiatives, valued at $60 million (SR 225 million), reinforcing the Kingdom's leading role on climate and environment efforts. The initiatives were...[via saudigazette.com]

 

Saudi Arabia signs solar deals with France’s TotalEnergies

A separate power purchase agreement for the Kingdom’s Al Masa’a solar power plant project was signed between the Saudi Power Procurement Company (SPPC), French state-owned...[via alarabiya.net]

 

Crown Prince: Saudi Arabia provides $6B funding for 200 water projects

Crown Prince and Prime Minister Mohammed bin Salman inaugurated the “One Water Summit” in Riyadh on Tuesday evening in the presence of several presidents and...[via argaam.com]

 

FIFA, Clifford Chance Accused of ‘Whitewashing’ Saudi Human Rights Record in World Cup Bid

As FIFA approaches its December 11 vote to appoint the 2034 World Cup host, the football association is once again under fire for allegedly...[By Dario Sabaghi via law.com]

 

Saudi NEOM partners with CarbonCure and Gulf Cryo on low-carbon concrete push

Efforts to integrate carbon capture and utilisation (CCU) technologies into construction in Saudi Arabia’s futuristic Neom city have taken a major step forward as CarbonCure...[By Anthony Wright via gasworld.com]

 

Saudi Arabia bets on tech to make deserts bloom

Saudi Arabia accounts for nearly 75 percent of Middle East investment in climate technology start-ups worldwide, according to a 2023 report by auditor PwC. But its...[via phys.org]

 

Saudi Arabia’s Neo Space Group to Acquire UP42 from Airbus

Saudi Arabia’s Neo Space Group (NSG) is making an acquisition in the Earth observation space, acquiring UP42 from Airbus Defence and Space. Terms of the deal were not disclosed in...[By Rachel Jewett via satellitetoday.com]

 

Locating EV Charging Stations to Enable Intercity Travel in Saudi Arabia

The development of electric vehicle (EV) infrastructure presents a promising pathway to reduce transportation emissions, particularly when integrated with low-carbon...[By Ryan Alyamani and Thomas Gertin via kapsarc.org]

 

How FIFA helped pave the way for Saudi 2034

In October 2023, FIFA made a surprising move that effectively set the stage for Saudi Arabia’s bid to host a future FIFA World Cup...[via playthegame.org]

 

Aramco’s Diversification Strategy: Fueling Saudi Arabia’s Vision 2030

Saudi Aramco is not only the largest oil producer globally but also the most profitable business, surpassing tech giants like Apple and...[By John Calabrese via agsiw.org]

 

France targets Saudi PIF’s ‘colossal’ investment power

During a three-day official state visit focused on boosting business ties, Mr Macron told a Saudi-French business forum in Riyadh that one of...[By Sunniva Rose via thenationalnews.com]

 

Macron announces France-Saudi partnership to co-host conference on creating Palestinian state

French President Emmanuel Macron announced on Tuesday, December 3, that he and Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, would...[via lemonde.fr]

 

Saudi Arabia’s network of spending and influence detailed before getting 2034 World Cup from FIFA

More Saudi commercial deals are expected after the 2034 World Cup decision, either for the 2026 edition being played in North America or the revamped...[By Graham Dunbar via apnews.com]

 

Saudi energy minister sees net zero as scenario that ‘can never happen’

The minister said at the Saudi Green Initiative Forum in Riyadh that the world is currently going through a "reality check" on net zero...[By Rosemary Griffin via spglobal.com]

 

Macron: France, Saudi Arabia will co-chair conference on creating Palestinian state

French President Emmanuel Macron announced on Tuesday that he and Saudi Arabia’s Crown Prince Mohammed bin Salman would co-chair a conference...[via alarabiya.net]

 

US envoy in Beirut for talks after Lebanon, Hezbollah approve truce draft

U.S. envoy Amos Hochstein landed in Beirut on Tuesday for talks with officials on a truce between...[By Maya Gebeily, Laila Bassam and Timour Azhari via reuters.com]

 
 

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