Misk Foundation and Virgin Hyperloop One sign major deal

Bader Al-Asaker, secretary general of the Misk Foundation, with Josh Giegel, founder of Virgin Hyperloop One, at the signing ceremony in Riyadh. (AN photo)
Updated 17 November 2017
0

Misk Foundation and Virgin Hyperloop One sign major deal

RIYADH: The Misk Foundation and Virgin Hyperloop One have announced a memorandum of understanding on providing training, education, and professional opportunities to Saudi youth. The announcement was made at the Misk Global Forum.
The agreement aims to seed long-lasting economic, social, and innovation benefits for the Kingdom by developing a highly skilled knowledge-based, cutting edge workforce.
Virgin Hyperloop One will develop a new transportation network within the Gulf that will bring unprecedented connectivity to the region.
When completed, its network will enable people to travel between most cities in the region in less than one hour.
It will be a significant contribution to making Saudi Arabia a global leader in land transportation, alongside other plans to develop its aviation and maritime logistics.
Josh Giegel, co-founder and CTO of Virgin Hyperloop One, said: “Through this partnership with the Misk Foundation, we hope to empower the youth of Saudi Arabia, cultivating the next generation of technology innovation.”


Sharm El-Sheikh main road named after King Salman

Updated 26 April 2019
0

Sharm El-Sheikh main road named after King Salman

SHARM EL-SHEIKH, Egypt: The main road in the Egyptian Red Sea resort town of Sharm El-Sheikh has been named after King Salman, the Saudi Press Agency reported on Thursday.

Maj. Gen. Khaled Fouda, governor of South Sinai, made the announcement during a ceremony to mark the 37th anniversary of Sinai Liberation Day.

Saudi Arabia’s Ambassador to Egypt Osama Nugali, who is also the Kingdom’s permanent representative to the Arab League, participated in the event.

Nugali thanked President Abdel Fattah El-Sisi for bestowing the honor on King Salman.