Naver accelerates AI and digital infrastructure expansion in Saudi Arabia

Naver is intensifying its expansion in Saudi Arabia, broadening its scope from smart city platforms to digital finance and AI infrastructure. Chairman Lee Hae-jin met with Saudi officials to discuss partnerships in stablecoins, tokenized real estate, AI-driven urban planning, and data centers. Parallel moves—such as the proposed Naver Financial–Dunamu stock swap and new joint ventures—position Naver as a deeper technology partner in the Kingdom’s digital transformation and broader regional AI initiatives, including potential collaboration with the UAE’s Stargate project.

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