Saudi Arabia’s Future Investment Initiative (FII) conference highlights the kingdom’s ambitions in AI and digital transformation despite declining oil revenues and regional conflicts. Key figures, including Elon Musk and Julie Sweet, discussed the role of technology in economic stability, showcasing the nation as a hub for investment and innovation.
Aluminium Bahrain (Alba) has announced a strategic partnership with Array Innovation to enhance its Industry 4.0 digitalization efforts. This collaboration will deploy advanced AI and data analytics solutions to optimize operations, improve efficiencies, and align with Bahrain Economic Vision 2030 by investing in local talent.
Bahrain partners with Amazon Web Services to launch an AI upskilling program for local talent, announced at the Gateway Gulf Investment Forum. This initiative aims to enhance Bahrain’s innovative capabilities and strengthen its economy through advanced AI training.
Google’s AI Opportunity Initiative in MENA aims to enhance AI skills and accessibility, backed by a $15 million investment through 2027. The initiative targets education, healthcare, and digital literacy, with a focus on underserved communities, predicting a $320 billion boost to the region’s economy by 2030.
Saudi Arabia is making significant strides at the Future Investment Initiative conference, showcasing its ambitions in technology and investment. With discussions on AI and digital transformation led by industry leaders, the event highlights the kingdom’s commitment to becoming a regional hub for innovation and economic growth.
Saad Al-Azmi, Assistant Undersecretary for Media Services at the Ministry of Information, highlighted the importance of adapting to digital intelligence advancements in the media sector during the ASBU meeting. The focus on AI aims to enhance Arab media institutions, improve citizen services, and support training initiatives across the region.
Saudi Arabia’s Public Investment Fund (PIF) has partnered with Google Cloud to establish a global AI hub near Dammam. This collaboration aims to enhance the local workforce with AI programs and improve digital payment solutions. The initiative underscores Saudi Arabia’s commitment to becoming a leading player in the AI sector.
Jazz has partnered with NUST and NITB to develop Pakistan’s first locally developed Large Language Model (LLM). This initiative aims to create AI solutions tailored to the country’s unique cultural and linguistic diversity, enhancing efficiency for government, businesses, and citizens while promoting digital inclusion across various sectors.
Presight has signed a Memorandum of Understanding with Viettel AI to foster collaboration in Applied AI and digital transformation initiatives. The agreement aims to leverage technology and data to address challenges in transportation, safety, and environmental sustainability, enhancing the capabilities of both organizations.
e& UAE has launched a suite of AI-powered solutions in partnership with Microsoft to support small and medium-sized enterprises (SMEs). The offerings, including Microsoft 365, Dynamics 365, and Azure, aim to enhance productivity, improve customer experiences, and drive sustainable growth through AI integration and skilling initiatives.
