logo
Saudi Arabia and UK explore collaboration on LEO satellite connectivity

Saudi Arabia and UK explore collaboration on LEO satellite connectivity

Broadcast Pro2 days ago
Saudi tech delegation in UK explored high-speed connectivity and partnerships to advance communication in key sectors like transport, energy, industry and education.
A high-level Saudi Arabian delegation, led by Minister of Communications and Information Technology Abdullah Alswaha, visited leading British technology companies and research centres during an official tour of the United Kingdom, focusing on advancing deep tech, digital innovation and satellite communications, according to a report by Saudi Press Agency.
The delegation began its tour at Wayve, a company focused on AI-driven autonomous driving technologies, where they were introduced to AV2.0, the company’s latest generation of smart mobility solutions. They later visited Automata Technologies, a company specialising in laboratory automation through robotics. Here, they explored the LINQ platform, which integrates AI to accelerate diagnostics and biomedical research, highlighting new collaboration opportunities in digital health and life sciences.
To support tech entrepreneurship and deep technology adoption, the Saudi representatives held talks with leaders from Catapult, a UK organisation focused on scaling innovative businesses. Discussions centred around potential partnerships to help foster startup ecosystems and facilitate the integration of cutting-edge technologies across sectors.
The delegation also engaged with executives from OneWeb, a Low Earth Orbit (LEO) satellite company, to explore joint initiatives for high-speed connectivity solutions. Conversations focused on deploying advanced communications infrastructure across key sectors such as transport, energy, industry and education, aiming to bolster innovation and support the Kingdom’s growing space and satellite ecosystem.
This visit is part of Saudi Arabia’s broader strategy to localise future technologies, strengthen global partnerships, and position itself as a major center for innovation, in line with the ambitions of Saudi Vision 2030.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Britain, India sign landmark free trade pact during Modi visit
Britain, India sign landmark free trade pact during Modi visit

Dubai Eye

timean hour ago

  • Dubai Eye

Britain, India sign landmark free trade pact during Modi visit

Britain and India signed a free trade agreement on Thursday during a visit by Indian Prime Minister Narendra Modi, sealing a deal to cut tariffs on goods from textiles to whisky and cars and allow more market access for businesses. The two countries concluded talks on the trade pact in May after three years of stop-start negotiations, with both sides hastening efforts to clinch a deal in the shadow of tariff turmoil unleashed by U.S. President Donald Trump. The agreement between the world's fifth and sixth largest economies aims to increase bilateral trade by a further 25.5 billion pounds ($34 billion) by 2040. It is Britain's biggest trade deal since it left the European Union in 2020, although its impact will be a fraction of the effect of leaving the orbit of its closest trading partner. For India, it represents its biggest strategic partnership with an advanced economy, and one which could provide a template for a long mooted deal with the EU as well as talks with other regions. It will take effect after a ratification process, likely within a year. British Prime Minister Keir Starmer said the deal would bring "huge benefits" for both countries, making trade cheaper, quicker and easier. "We've entered a new global era, and that is one that requires us to step up, not to stand aside... by building deeper partnerships and alliances," Starmer said. Modi said the visit would "go a long way in advancing the economic partnership between our nations". They also agreed a partnership covering areas such as defence and climate, and said they would strengthen co-operation on tackling crime. Under the trade agreement, tariffs on Scotch whisky will drop to 75 per cent from 150 per cent immediately, and then slide to 40 per cent over the next decade, according to the British government. On cars, India will cut duties to 10 per cent from over 100% under a quota system that will be gradually liberalised. In return, Indian manufacturers will gain access to the UK market for electric and hybrid vehicles, also under a quota system. The ministry has said 99% of Indian exports to Britain would benefit from zero duties under the deal, including textiles, while Britain will see reductions on 90% of its tariff lines, with the average tariff UK firms face dropping to 3 per cent from 15 per cent. While it is Britain's biggest deal since Brexit, the projected boost to British economic output, of 4.8 billion pounds a year by 2040, is small compared to the country's gross domestic product of 2.6 trillion pounds in 2024. The Office for Budget Responsibility (OBR) has forecast that UK exports and imports will be about 15 per cent lower in the long run compared with if Britain had stayed in the EU. In its first year in power, Britain's Labour government has launched a reset of ties with the EU in order to smooth trade friction, while also clinching some tariff relief from the United States and the India trade deal. "In an era of rising protectionism, today's announcement sends a powerful signal that the UK is open for business," said Rain Newton-Smith, the chief executive of the Confederation of British Industry. The India deal will also facilitate easier access for temporary business visitors, though visas are not covered. Britain and India also agreed to ensure workers no longer have to make social security contributions in both India and Britain during temporary postings in the other country. Under the trade deal, British firms will be able to access India's procurement market for projects in sectors such as clean energy, and it also covers services sectors such as insurance. India didn't succeed in its efforts to get an exemption from Britain's Carbon Border Adjustment Mechanism (CBAM) - which could levy higher taxes on polluters from 2027 - as part of the deal. Meanwhile talks over a separate bilateral investment treaty are continuing.

Masdar, Iberdrola achieve financial close for €5.2 billion East Anglia THREE Offshore wind project
Masdar, Iberdrola achieve financial close for €5.2 billion East Anglia THREE Offshore wind project

Gulf Today

time4 hours ago

  • Gulf Today

Masdar, Iberdrola achieve financial close for €5.2 billion East Anglia THREE Offshore wind project

Masdar, a global clean energy leader, and Iberdrola, one of the world's largest energy companies, today announced they have reached financial close for the 1.4-gigawatt (GW) East Anglia THREE offshore wind farm, in one of the biggest offshore wind transactions this decade. Project financing facilities totalling £3.6 billion (€4.1 billion) have been secured with 23 banks and the Danish Export Credit Agency (EIFO), in one of the biggest such transactions in the sector and the largest ever by Masdar. The financing will cover a substantial part of the total project costs, estimated at approximately €5.2 billion. The facility was oversubscribed by more than 40 percent, reflecting lenders' confidence in the project's fundamentals and the robustness of the partners. Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar, said, 'The level and profile of investor interest in this financing deal – the largest we have ever signed at Masdar – reflects our position as a global leader in sustainable finance and investor appetite for high-quality renewable energy assets that deliver impact at scale. Today's announcement represents a significant step forward in our partnership with Iberdrola – and in the UK's clean energy journey, supporting the nation in meeting its energy transformation objectives. We look forward to collaborating further with Iberdrola on other gigawatt-scale greenfield projects that will help shape the future of clean energy in the UK and beyond.' Masdar and Iberdrola announced their co-investment in East Anglia THREE this month, with each party taking a 50 percent stake and having co-governance of the 1.4GW asset, which will be pivotal in advancing Europe's ambitious offshore wind development targets. Located off the Suffolk coast in the UK, East Anglia THREE will become one of the world's two largest offshore wind farms when it comes into operation in Q4 2026, delivering enough clean energy to power 1.3 million British homes. The project benefits from long-term revenue security through a 15-year CPI-linked Contract for Difference (CfD) awarded in the UK Government's AR4 and AR6 auctions, as well as a Power Purchase Agreement (PPA) with Amazon signed in 2024. Over 2,300 jobs are expected to be created during construction, with 100 long-term roles supported across its lifetime. The co-investment in East Anglia THREE marks a significant milestone in the €15 billion strategic partnership Masdar and Iberdrola signed in December 2023 – one of the largest ever bilateral alliances in the global clean energy sector – to accelerate clean energy deployment across key markets including the United Kingdom, Germany, and the United States. The participating banks in the East Anglia THREE financing are: BBVA, HSBC, ING, NatWest, SMBC, MUFG, Bank of China, Crédit Agricole, CaixaBank, Santander, BNP Paribas, Helaba, Barclays, ANZ, Rabobank, FAB, ICO, Abanca, Kutxabank, Standard Chartered Bank, Bank of Ireland, CIC and Siemens Bank. Crédit Agricole CIB and MUFG acted as financial advisors for the transaction, and A&O and Shearman acted as legal advisor to the borrower. WAM

TECNO and Bandrita Return with the Strongest Gaming Phone in Its Class in Saudi Arabia!
TECNO and Bandrita Return with the Strongest Gaming Phone in Its Class in Saudi Arabia!

Web Release

time4 hours ago

  • Web Release

TECNO and Bandrita Return with the Strongest Gaming Phone in Its Class in Saudi Arabia!

TECNO and Bandrita Return with the Strongest Gaming Phone in Its Class in Saudi Arabia! As part of its commitment to supporting the Saudi gaming community, TECNO Saudi Arabia has announced the renewal of its partnership with Saudi content creator Bander Madkhali, known as 'Bandrita', to launch the POVA 7 series designed specifically for gaming enthusiasts. This move strengthens TECNO's ties with the vibrant and youthful Saudi gaming community, coinciding with the EWC (Esports World Cup), where mobile gaming technologies are gaining significant attention. Bandrita on the renewed partnership 'When TECNO asked me to renew our partnership again, I immediately agreed! Our previous collaboration successfully built a special bond between fans and the POVA 6 Pro 5G, making it 'our' favorite phone. Now, with the launch of the POVA 7 series, we will elevate the gaming experience to an unprecedented level.' Miller Wang, TECNO Saudi Arabia Country Manager, commented: 'Building on the tremendous success of our first partnership with Bandrita, we are excited to revive this collaboration with a new generation of the POVA series. Designed to deliver unmatched AI-powered gaming performance, we aim—through Bandrita's influence—to make this series a milestone in the Saudi gaming community.' As part of this collaboration, Bandrita will showcase the exceptional gaming capabilities of the POVA 7 series, demonstrating how the phone is engineered to provide a smooth, high-performance gaming experience. TECNO will also offer exclusive Bandrita-themed gifts for new POVA 7 users. When Genius Meets Unstoppable Power The TECNO POVA 7 5G is powered by the MTK D7300 chipset, supporting up to 90 frames per second and featuring a 144Hz high refresh rate display, ensuring a fluid and seamless gaming experience. The device comes with 256GB storage and 8GB RAM, expandable by up to 8GB to meet all user needs. To maintain high performance during intensive use, the phone is equipped with an advanced 11-layer cooling system. It also features Wireless Travail Mode 1.0, enabling communication over distances of up to 800 meters, giving users more freedom during gaming or work. Connectivity is further enhanced with 5.5G network support, ensuring faster, smoother, and more reliable internet for uninterrupted gaming sessions. In terms of power, the POVA 7 5G packs a massive 6000mAh battery supporting 45W fast charging, 30W wireless charging, and includes a complimentary 5000mAh power bank. The device also supports reverse wireless charging, allowing users to power up their other devices with ease. Availability The POVA 7 series will be available at an attractive starting price of SAR 799, with official sales beginning on July 28, 2025, at Jarir Bookstore, Extra, Noon, Lulu Hypermarket, Nesto Hypermarket, Najd Telecom, Mashael Al Asimah Telecom, and across all major telecom retail stores in Saudi Arabia.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store