Latest news with #AbdullahAl-Swaha
Saudi Gazette
6 days ago
- Business
- Saudi Gazette
Saudi, Syrian ministers explore digital economy cooperation in virtual meeting
Saudi Gazette report RIYADH — Saudi Minister of Communications and Information Technology Abdullah Al-Swaha held a virtual meeting with his Syrian counterpart, Abdul Salam Heikal, to discuss future cooperation in the digital economy sector. The discussion focused on opportunities to enhance digital infrastructure in Syria to support sustainable development and align with broader aspirations for economic growth and national recovery. Al-Swaha reaffirmed Saudi Arabia's commitment to supporting Syria's future by fostering digital transformation and innovation. Both ministers emphasized the importance of regional integration and knowledge exchange, particularly in advancing innovation, empowering young talent and entrepreneurs, and building capabilities that enable both nations to compete on the global stage.
CairoScene
20-05-2025
- Business
- CairoScene
Saudi Tops MENA Digital Economy Ranking With SAR 495 Billion Valuation
The announcement at Riyadh's Digital Saudi Exhibition spotlighted local talent and tech leadership. Saudi Arabia has emerged as the largest digital economy in the Middle East and North Africa, with a total valuation exceeding SAR 495 billion (approximately USD 132 billion), according to Minister of Communications and Information Technology Abdullah Al-Swaha. The figure reflects cumulative contributions from digital infrastructure, e-commerce, cloud services, and emerging tech applications. Globally, the Kingdom now ranks fourth in digital systems preparedness, a reflection of sustained investments in infrastructure and a broader push under Vision 2030 to diversify the economy beyond oil and foster a culture of innovation. The announcement was made during the opening of the Digital Saudi Exhibition in Riyadh, where Al-Swaha highlighted the role of homegrown talent and local innovation in driving national progress. While the exhibition showcased Saudi Arabia's technological advancements, no new sector-specific investment details or future funding commitments were disclosed.
Saudi Gazette
13-05-2025
- Business
- Saudi Gazette
Saudi-US strategic partnership in artificial intelligence highlighted
Saudi Gazette report RIYADH — Minister of Communications and Information Technology Eng. Abdullah Al-Swaha emphasized the importance of the strategic partnership between Saudi Arabia and the United States in the field of artificial intelligence. "This cooperation reflects a shared understanding and a genuine commitment from both parties to support innovation and achieve success in a sector worth trillions of dollars," he said while addressing the Saudi-US Investment Forum in Riyadh on Tuesday. Al-Sawaha emphasized that advances in advanced technologies are accompanied by legitimate concerns about their misuse. However, he noted that complex technologies, such as servers with high-performance processors, are difficult to exploit surreptitiously, contributing to enhanced security and transparency. "Saudi Arabia seeks to deploy and adopt these technologies to serve the public good, in cooperation with trusted partners. The Kingdom's commitment to adopting a responsible approach to developing AI technologies, one that takes into account ethical and security considerations and aims to benefit society," he said. Al-Sawaha reviewed some of the fruits of technical cooperation between the Kingdom and the United States, including the development of AI-based government services, such as issuing passports in five minutes and renewing driver's licenses. He also highlighted the use of generative AI technologies in the development of advanced medical robots to treat cellular diseases and harmful cholesterol, which has contributed to reducing the cost of treatment from $2.2 million to just $100,000. The minister said that Saudi Arabia continues to make progress in the field of renewable energy, working to reduce costs to the lowest possible level. The Kingdom is also witnessing developments in the field of physical artificial intelligence, noting that Saudi Arabia boasts of performing the first heart transplant relying entirely on a robot.
Arab News
22-02-2025
- Business
- Arab News
Saudi embassy in Syria celebrates Founding Day
DAMASCUS: Saudi Arabia's Embassy in the Syrian Arab Republic held a reception on the occasion of the Kingdom's Founding Day at its headquarters in the Syrian capital, Damascus. The celebration was attended by the Syrian Deputy Foreign Minister Yasser Al-Jundi, members of the diplomatic corps accredited to Syria, and a group of businessmen and intellectuals, the Saudi Press Agency reported on Saturday. Meanwhile, Saudi Minister of Communications and Information Technology Abdullah Al-Swaha held high-level meetings with senior executives from major global companies at the Future Investment Initiative in Miami to bolster partnerships in technology, artificial intelligence, investment and the space sector.
Saudi Gazette
21-02-2025
- Business
- Saudi Gazette
Al-Swaha at FII summit: Saudi Arabia is an ideal partner in the AI era
Saudi Gazette report MIAMI — Minister of Communications and Information Technology Eng. Abdullah Al-Swaha affirmed that Saudi Arabia has become a strategic partner for the United States and the world in bridging digital gaps and leading the transformation toward the "smart age". In his speech at the main session of the third edition of the Future Investment Initiative (FII Priority) Summit held in Miami, US, under the title 'Investing with Purpose,' AlSawaha underscored Saudi Arabia's efforts and ambitious vision to enhance global cooperation in the field of artificial intelligence and emerging pointed out that Saudi Arabia's Vision 2030, launched by Crown Prince Mohammed Bin Salman, constituted 'the most prominent success story of the twenty-first century', with the country's digital economy reaching nearly $132 billion, contributing 50% of the regional digital economy of $260 billion. He noted the increase in the number of technical talents in Saudi Arabia from 150,000 to 381, highlighted the interest of major global investors such as Oracle, Google, and Microsoft, which made Saudi Arabia one of the fastest growing technology centers in the concluded his speech by calling on the world to consider Saudi Arabia as the ideal partner to accelerate the adoption of artificial expressed his confidence in the ability of international cooperation to overcome challenges and reach the stage of sustainable productivity in this field, appreciating the role of the Future Investment Initiative in bringing together thought and investment leaders to create the future of the sidelines of the summit, Al-Sawaha met with Oracle CEO Safra Ada Katz to discuss expanding the partnership in the fields of cloud computing and artificial intelligence, and its role in supporting the digital economy in Saudi Arabia. He also met with NEA CEO Tony Florence to discuss supporting tech entrepreneurs and stimulating investment in tech and innovation startups in Saudi Arabia.
