Investment and Innovation Spotlight Across MENA Amid Funding Slows; Saudi Falcon Club's Auction Celebrates Heritage; Global Protests Amplify Climate Financing at COP29; Cultural Ties Deepen with Saudi-French Collaboration
Saudi Falcon Club's auction highlights conservation efforts for Vision 2030 as global protests demand climate justice during COP29.
Let's start in the bustling startup scene of Saudi Arabia, where despite a regional funding slowdown, proptech company Ejari and fintech platform Lean Technologies are making waves with significant investments of $14.65 million and $67.5 million respectively. This comes alongside notable funding for UAE's UnifyApps and Egypt's Efreshli, showcasing the varied innovation landscape across MENA.
Moving from modern innovation to cultural tradition, the Saudi Falcon Club recently wrapped up a successful auction, generating SR6 million and spotlighting efforts in conservation and heritage, crucial for Saudi Vision 2030. The event, featuring a remarkable sale of a peregrine falcon chick, was a vibrant gathering for falcon enthusiasts and breeders alike.
Meanwhile, on the global stage, climate finance is under the spotlight as UN climate chief Simon Stiell calls on G20 leaders to step up funding efforts amid challenging negotiations at COP29 in Baku. The urgent need for substantial financial commitments is clear, as the developing world eyes $1 trillion annually to combat climate impacts effectively.
In tandem with these negotiations, global protests are erupting during COP29, drawing attention to demands for climate justice and the slow pace of funding from wealthier nations. As the talks in Baku progress, these demonstrations underscore the critical call for action, with experts emphasizing the discord between necessary and available resources.
Back home in the US, a tense moment unfolded at Dallas Love Field Airport when a Southwest Airlines plane was struck by gunfire near the cockpit. Fortunately, the situation was swiftly contained with all passengers safely deplaning, marking a bizarre incident with no reported injuries.
Finally, strengthening cultural ties, the Saudi-French Ministerial Committee gathered in Paris to renew their shared commitment to enhancing projects in AlUla, focusing on cultural, environmental, and economic development. This collaboration, rooted in a 2018 agreement, illustrates the ongoing friendship and ambition between Saudi Arabia and France.
Moving from modern innovation to cultural tradition, the Saudi Falcon Club recently wrapped up a successful auction, generating SR6 million and spotlighting efforts in conservation and heritage, crucial for Saudi Vision 2030. The event, featuring a remarkable sale of a peregrine falcon chick, was a vibrant gathering for falcon enthusiasts and breeders alike.
Meanwhile, on the global stage, climate finance is under the spotlight as UN climate chief Simon Stiell calls on G20 leaders to step up funding efforts amid challenging negotiations at COP29 in Baku. The urgent need for substantial financial commitments is clear, as the developing world eyes $1 trillion annually to combat climate impacts effectively.
In tandem with these negotiations, global protests are erupting during COP29, drawing attention to demands for climate justice and the slow pace of funding from wealthier nations. As the talks in Baku progress, these demonstrations underscore the critical call for action, with experts emphasizing the discord between necessary and available resources.
Back home in the US, a tense moment unfolded at Dallas Love Field Airport when a Southwest Airlines plane was struck by gunfire near the cockpit. Fortunately, the situation was swiftly contained with all passengers safely deplaning, marking a bizarre incident with no reported injuries.
Finally, strengthening cultural ties, the Saudi-French Ministerial Committee gathered in Paris to renew their shared commitment to enhancing projects in AlUla, focusing on cultural, environmental, and economic development. This collaboration, rooted in a 2018 agreement, illustrates the ongoing friendship and ambition between Saudi Arabia and France.
