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

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.”


Pompeo wishes Saudi Arabia a “joyous” National Day

Updated 23 September 2020

Pompeo wishes Saudi Arabia a “joyous” National Day

  • Pompeo wished Saudi Arabia a “joyous” National Day

RIYADH: US Secretary of State Mike Pompeo wished Saudi Arabia a “joyous” National Day on Wednesday.
“On behalf of the United States, I wish to extend to the Kingdom of Saudi Arabia and the Saudi people a joyous National Day … I wish the Saudi people peace, prosperity, and good health as you celebrate your National Day,” Pompeo said. 
He said the US and Saudi Arabia earlier this year celebrated the 75th anniversary of the historic meeting between President Franklin D. Roosevelt and King Abdul Aziz aboard the USS Quincy. 
Pompeo said the meeting has “laid the foundation for the strong strategic partnership the United States and Saudi Arabia enjoy today.”
He said this partnership has contributed to progress on many shared priorities, including the stability of the Gulf region, energy security, and economic growth and prosperity in both the US and Saudi Arabia.