Add a short 50-word summary
3 relevant news tags not # each in a single row separated by a comma
do not add the words “summary” and “tags” before creating them so I can copy them in one go.
Create a text-free featured image of 16:9 in landscape
Saudi Arabia is leveraging AI to drive its economic transformation under Vision 2030, with AI projected to contribute 12.4% to GDP by 2030. Key trends include advancements in Arabic NLP, generative AI, ethical AI, and workforce development. The Kingdom is positioned as a global leader in AI innovation, balancing progress with sustainability.
SLT Group reported a strong financial turnaround in 2024, with a Profit After Tax of Rs. 3.1 billion, reversing a loss from 2023. Revenue grew by 4.4%, driven by improved operational efficiency, cost optimization, and robust growth in broadband, mobile, and enterprise sectors. The Group also made significant contributions to state revenue.
Etihad Salam Telecom Company has partnered with Cloud Solutions to transform digital healthcare in Saudi Arabia. Their collaboration aims to improve healthcare accessibility, efficiency, and quality by leveraging AI-driven technologies and integrated cloud solutions. This partnership supports Saudi Vision 2030, enhancing healthcare for both public and private sectors.
Aamal Company Q.P.S.C. has signed an MoU with Huawei to enhance collaboration in cloud technologies. Aamal IT will join Huawei’s Cloud Partner Network and Cloud Service Provider Program. The partnership aims to accelerate digital transformation, optimize operations, and provide advanced cloud solutions to businesses across industries.
Oman’s Minister of Commerce, Industry and Investment Promotion met with Taiwanese and Chinese tech representatives to discuss investments in semiconductors and electric vehicles. These projects align with Oman’s Industrial Strategy 2040, focusing on capital-intensive and knowledge-based industries to drive economic diversification and industrial growth in the Sultanate.
Microsoft’s AI Tour stopped in Muscat, showcasing the potential of AI to support Oman’s Vision 2040. The event featured discussions with key leaders from Microsoft and highlighted real-world AI applications in education, business, and cybersecurity. AI Excellence Awards were presented to recognize organizations driving innovation in the digital economy.
Pakistan’s government is considering the formation of a National Crypto Council to regulate digital assets. The council would advise on policy development, address regulatory challenges, and ensure the secure, sustainable growth of Pakistan’s digital asset market. The approach will align with international standards and Financial Action Task Force guidelines.
Škoda Auto has officially launched in Oman, marking a key step in its Middle Eastern expansion. In partnership with Premium Motors, Škoda introduces a full range of European-built vehicles, including sedans and SUVs. A cutting-edge digital showroom has opened in Muscat, with plans for further regional growth.
Nepal Telecom (NTC) has set the minimum recharge amount at Rs 50, meaning recharges below this amount will no longer be allowed. This change, also adopted by Ncell, follows a reported loss of Rs 1 million in recharge cards by NTC. The policy aims to streamline recharge processes.
