Saudi Arabia Archives

Saudi Arabia’s new initiative to train 7,000 locals in AI

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30 August, 2024

Saudi Arabia’s new initiative to train 7,000 locals in AI

The initiative is the brainchild of the Ministry of Communications and Information Technology and the Human Capacity Development Programme, which...

Middle East in strong position for AI innovation: report

Business

Wahid Pessarlay

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2 July, 2024

Middle East in strong position for AI innovation: report

The Middle East is positioning itself as a strong player in AI innovation, with the results of a Dell survey...

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

Finance

Steve Kaaru

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25 June, 2024

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

IMF says Middle Eastern and Central Asian countries can significantly benefit from CBDCs but urges caution as they come with...

Saudi Arabia eyes AI integration in media under Microsoft deal

Business

Wahid Pessarlay

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5 June, 2024

Saudi Arabia eyes AI integration in media under Microsoft deal

Collaborating with Microsoft, Saudi Arabia looks to integrate AI in the media ecosystem for better content and to drive economic...

Microsoft, PwC Middle East new AI center of excellence to upskill workforce in Saudi Arabia

Business

Wahid Pessarlay

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11 April, 2024

Microsoft, PwC Middle East new AI center of excellence to upskill workforce in Saudi Arabia

The new AI excellence center led by Microsoft and PwC Middle East will focus on equipping the local workforce with...

Animoca Brands enters Saudi Arabia’s Web3 gaming market

Business

Wahid Pessarlay

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30 March, 2024

Animoca Brands enters Saudi Arabia’s Web3 gaming market

After its success in Southeast Asia, Animoca Brands is entering Saudi Arabia's Web3 gaming market, announcing a strategic plan to...

Saudi Arabia mulls $40 billion AI investment fund to diversify its oil-based economy

Business

Wahid Pessarlay

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27 March, 2024

Saudi Arabia mulls $40 billion AI investment fund to diversify its oil-based economy

Saudi Arabia's Public Investment Fund has opened high-profile talks with U.S.-based venture capital firm Andreessen Horowitz to establish an AI-focused...

93% of firms in Saudi have advanced strategies for AI integration: Cisco

Business

Wahid Pessarlay

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4 March, 2024

93% of firms in Saudi have advanced strategies for AI integration: Cisco

The recent Cisco survey reveals that while 93% of companies in Saudi Arabia have advanced strategies for AI integration, only...

Saudi Arabia marks founding day with ‘Cultural Universe’ metaverse

Business

Wahid Pessarlay

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2 March, 2024

Saudi Arabia marks founding day with ‘Cultural Universe’ metaverse

The Cultural Universe metaverse platform provides users with information about key events in Saudi Arabia's history by simply approaching landmarks...

AI innovation in the Middle East can match EU, North America, analysts say

Business

Wahid Pessarlay

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7 February, 2024

AI innovation in the Middle East can match EU, North America, analysts say

While the Middle East is the leader in oil reserves, experts believe it will resort to a "follow the leader"...

Animoca Brands receives $50 million fund from Saudi-backed smart city project

Business

Wahid Pessarlay

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7 November, 2023

Animoca Brands receives $50 million fund from Saudi-backed smart city project

Hong Kong-based Animoca Brands and Neom Company have signed a memorandum of understanding to streamline the Saudi Vision 2030 plan...

Saudi Arabia new initiative aims to boost AI interest in schools

Tech

Wahid Pessarlay

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15 October, 2023

Saudi Arabia new initiative aims to boost AI interest in schools

Saudi Arabia introduces "Artificial Intelligence Hour" in 1,300 schools to inspire future programmers and diversify its economy, despite ongoing human...

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