GulfBase Live Support
Leave a message and our representative will contact you soon
09/12/2025 01:45 AST
Saudi Arabia has secured the fifth rank globally and first in the Arab region for growth in the artificial intelligence sector, the Saudi Press Agency reported, citing data from Global AI Index.
According to the report, this development underscores the Kingdom's progress in AI, reflecting the success of Saudi Arabia's development plans and its ability to achieve high international competitiveness under its economic diversification strategy Vision 2030.
The Kingdom aims to position itself as a technological hub by the end of this decade as it continues its economic diversification efforts, reducing its reliance on crude oil revenues.
In November, a survey report released by KPMG also highlighted Saudi Arabia's progress in the technological sector.
It noted that 84 percent of CEOs in the Kingdom are ready to deploy AI responsibly, well above the global benchmark of 76 percent, supported by the country's data governance ecosystem, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.
"During the period measured by the Global AI Index, Saudi Arabia launched a wide range of national initiatives led by SDAIA. These initiatives strengthened Saudi Arabia's position on the index," said SPA.
SDAIA's initiatives during the period included multiple projects, particularly the Rowad Package initiative, which empowers entrepreneurs and startups to authenticate customer data through electronic linkage to the National Information Center's databases.
The authority also launched the AI Ethics Incentive Badges initiative to raise awareness of ethical practices and promote the responsible use of technologies.
This initiative offers a comprehensive framework to help organizations and developers align with global best practices.
SPA added that over 50 accreditation certificates have been granted to national AI companies for developing AI-based products serving priority sectors in the Kingdom.
The Gaia generative AI accelerator, backed by SDAIA and the National Technology Development Program with New Native as a partner, is also accelerating startup development, enabling new companies to launch and scale more effectively.
"These efforts also extended to the SDAIA Academy, which has focused on building national capabilities and empowering young talent through advanced training programs in data and AI, offered in partnership with international organizations," reported SPA.
It added that SDAIA Academy has trained over 1 million Saudis in data and AI skills through the SAMAI initiative, carried out in partnership with various government entities.
This training program is considered one of the world's largest, targeting the general population.
"These achievements highlight SDAIA's success in the field of data and AI, both nationally and internationally. They reinforce its role as the Kingdom's central authority for regulation, development, and application, and advance the nation toward leadership in data- and AI-driven economies," concluded SPA.
In October, Humain, an AI company owned by Saudi Arabia's Public Investment Fund, partnered with AirTrunk, which is backed by BlackRock and the Canada Pension Plan Investment Board, to develop hyperscale data centers in the Kingdom.
The first phase of the collaboration includes an estimated $3 billion investment to build a major data-center campus in Saudi Arabia, according to a press statement.
Arab News
02/03/2026
RAK Properties, a leading UAE real estate developer, has announced the sales launch of Lunara on The Strand - a prime development featuring 583 homes across a collection of three connected towers in
Trade Arabia
09/12/2025
RAK Properties, Ras Al Khaimah's leading publicly listed property developer, has announced the launch of Nura - the latest luxury resort-style residential project to take shape at Downtown Mina's dyn
Trade Arabia
15/08/2025
RAK Properties recorded a revenue of AED774.79 million ($210.97 million) for the H1 period, with net profit soaring by a remarkable 80% to AED160.6 million ($43.73 million), compared to AED89.06 mill
Trade Arabia
| Ticker | Price | Volume |
|---|
22/04/2026
Islamic syndicated financing is expected to maintain strong growth momentum this year, driven by issuers' preference to largely avoid public US dollar sukuk and bond markets amid geopolitical tension
Arab News
22/04/2026
Saudi Arabia's biggest lenders, including Saudi National Bank, Riyad Bank, and Al Rajhi Bank, reported solid first-quarter earnings, supported by steady lending growth and resilient operating income.
Arab News
21/04/2026
Oman's central bank raised OMR9.2 million by way of allotting treasury bills on Monday. The value of the allotted Treasury bills include OMR5 million for a maturity period of 28 days.
The a
Times of Oman
21/04/2026
More than 105,500 Bahraini private-sector workers could have their April salaries paid directly from the Unemployment Fund if a proposal gets approved.
The initiative, costing up to BD100 mi
Trade Arabia
21/04/2026
Kuwait has declared force majeure on shipments of crude oil ?and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering ?the Persian Gulf, hindering its abilit
Trade Arabia