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December 12, 2024
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Saudi Arabia

Explore the latest from Saudi Arabia on MENews247. Stay informed on political developments, economic trends, and cultural insights in the Kingdom.

From Riyadh’s policy shifts to Jeddah’s cultural festivals, get your 24/7 update on everything happening in Saudi Arabia. Your source for comprehensive news and analyses on Saudi Arabian affairs.

Saudi Arabia Space

NSG acquires UP42 startup from Airbus

Boosting Saudi space ambitions Neo Space Group (NSG), Saudi Arabia’s leading commercial space services provider, has acquired UP42, a next-generation Earth observation (EO) digital platform from Airbus Defence and Space. The deal is subject to the satisfaction of customary closing conditions, including regulatory clearances. The acquisition of startup UP42, launched in
Banking Saudi Arabia

Banking sector set to meet in Riyadh

For 5th Annual Future Bank Summit & Awards KSA 2024 The 5th Annual Future Bank Summit & Awards KSA 2024 is poised to unite industry leaders, innovators, and visionaries to delve into the latest banking and financial technology advancements. The summit, scheduled for September 24th and 25th at the InterContinental Hotel in Riyadh, aims to […]
Saudi Arabia Tech

New identity for Global AI Summit in Riyadh

From September 10-12, 2024 The Saudi Data and Artificial Intelligence Authority (SDAIA) has launched a revamped identity for the third edition of the Global Artificial Intelligence Summit (GAIN), which will take place in Riyadh from September 10-12, 2024. This year’s summit, themed ‘For the Good of Humanity,’ explores AI technologies’ transformative potential and
Education Saudi Arabia

Aramco to invest $100 million in KAUST

For a Saudi research initiative Aramco has pledged $100 million over the next decade to the Saudi Arabia-based King Abdullah University of Science and Technology (KAUST). The investment reflects Aramco’s dedication to supporting cutting-edge research in Saudi Arabia. It also aims to accelerate innovation in the Gulf state and address some of the most urgent […]
Saudi Arabia Space

Neo Space Group gets Saudi permit for EO service

Potential boost for Saudi GDP Saudi Arabia’s Communications, Space and Technology Commission (CST) has granted Riyadh-headquartered Neo Space Group a permit to operate an Earth Observation (EO) platform service in the Arabian Gulf nation following an intensive bidding process conducted in April 20204 involving Saudi and regional space players. The move marks a significant
Saudi Arabia

United States and Saudi Arabia sign space partnership

For space-related endeavours In a landmark development aimed at advancing mutual interests in space exploration and science, the United States and Saudi Arabia have signed a comprehensive framework agreement. The accord, titled the ‘Framework Agreement Between the Government of the United States of America and the Government of The Kingdom of Saudi Arabia on Cooperation