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Logistics (MENA) 
Local startup TGE lands USD 500k investment
Adverse has set aside USD 10 mn for investments in Saudi Web3 startups this year
Awards for Stc + the Grace Preservation Foundation + Riyadh Governorate
Riyadh was named the Arab Environment Capital for the second consecutive year.
Canada’s NextSource could build a battery anode plant in Saudi, is actively screening potential investors
The plant is expected to generate up to USD 230 mn in annual revenues.
US energy secretary to visit Riyadh this week, suggesting progress on nuclear power agreement
Plus: IEA warns Opec+ that high oil prices are bad for inflation