Saudi Arabia Sets out Strategy to Become a World Leader in Artificial Intelligence By 2030
21.10.2020 19:07:00 EEST | Business Wire | Press release
Saudi Arabia revealed its National Strategy for Data & AI (NSDAI) which will make the country a global leader in Artificial Intelligence by 2030.
Saudi Arabia’s NSDAI intends to put AI at the heart of the country’s development and growth. By 2030, Saudi Arabia’s vision is to become the place where the best of Data and AI is made reality.
Under the strategy, Saudi Arabia will implement a multi-phase, multi-faceted plan that includes skills, policy and regulation, investment, research and innovation, and ecosystem development. This will enable the country to become a global hub for data and AI, and to rank among the top data-driven economies in the world.
Speaking at the launch of the strategy, HE Dr. Abdullah Bin Sharaf Alghamdi, President of SDAIA, said: “The National Strategy for Data and AI sets the direction and foundations upon which we will unlock the potential of data and AI to fulfill our national transformation priorities and establish Saudi Arabia as a global hub for data and AI.”
Saudi Arabia has a strong foundation for its AI ambitions, based on the country’s unique scale in critical industries, and its position as an investment powerhouse. The Kingdom also has a young population and a desire for large-scale programs such as Vision 2030. Upcoming Saudi megaprojects including NEOM smart city and Qiddiya entertainment capital will provide testbeds for advanced AI.
The Kingdom has implemented a unique data infrastructure with a centralized ecosystem of resources to support government to successfully complete AI initiatives, including a National Data Bank, G-Cloud, and a whole-government analytics and AI platform.
The implementation of the National Strategy for Data & AI will follow a multi-phase approach, which will focus on addressing the immediate national requirements for Saudi Arabia until 2025, particularly the Vision 2030 strategic development goals. From 2025 until 2030, Saudi Arabia will focus on developing specialisms in specific areas of AI, to become one of the leading AI and data-driven economies by 2030.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201021005776/en/
Contact information
For information contact:
media@theGlobalAISummit.com
Or:
Mark Sutton, Hill + Knowlton Strategies
M: +971 58 836 7348
Mark-r.sutton@hkstrategies.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Andersen Consulting Adds Collaborating Firm Milestone Technologies17.3.2026 15:30:00 EET | Press release
Andersen Consulting continues to strengthen its digital transformation platform with the addition of U.S.-based collaborating firm Milestone Technologies, a proven global IT services and digital solutions provider. Founded in 1997, Milestone Technologies delivers end-to-end technology and outsourcing solutions spanning digital workplace services, cloud and infrastructure management, data, AI and automation, applications and digital engineering, business process outsourcing, and platform implementation for ServiceNow and Salesforce. Headquartered in Fremont, California, Milestone operates in 35 countries globally and works with some of the world’s largest enterprises. The firm’s integrated delivery model empowers clients to transform IT operations, boost service efficiency, and scale technology ecosystems seamlessly worldwide. “Milestone Technologies, an employee-first organization, delivers measurable business outcomes and accelerates digital transformation for clients across industrie
TrailRunner International Names Alden Mitchell as President of TrailRunner Sports17.3.2026 15:03:00 EET | Press release
TrailRunner International today announced that Alden Mitchell has been named President of TrailRunner Sports, the firm’s global sports advisory business. Most recently Chief Operating Officer of Stanford Athletics, Mitchell will accelerate the growth and expansion of TrailRunner Sports, which was established to provide strategic business advisory and communications support to global sports clients spanning leagues, teams, conferences, educational institutions, ownership groups, athletes, investors, and brands. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317576708/en/ Alden Mitchell, President of TrailRunner Sports Since its launch in 2023, TrailRunner Sports has seen significant growth and has built a strong roster of clients across the sports industry, including major professional leagues in the United States and abroad, a diverse array of sports teams, universities, collegiate conferences, team owners, and other key
Qualcomm Increases Quarterly Cash Dividend and Announces New $20 Billion Stock Repurchase Authorization17.3.2026 15:00:00 EET | Press release
Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has approved an increase in the Company’s quarterly cash dividend from $0.89 to $0.92 per share of common stock. This dividend increase will be effective for quarterly dividends payable after March 26, 2026, and will raise the annualized dividend payout to $3.68 per share of common stock. Additionally, the Board of Directors has approved, effective immediately, a new $20.0 billion stock repurchase authorization. The new stock repurchase authorization is in addition to the Company’s stock repurchase program announced in November 2024, which has approximately $2.1 billion of repurchase authority remaining. The new stock repurchase program has no expiration date. The timing of stock repurchases and the number of shares of common stock to be repurchased will depend upon prevailing market conditions and other factors. Repurchases under this program may be commenced or suspended from time-to-time at the Company’
Lwart Environmental Solutions Expands Long-Standing Relationship with Rimini Street, Consolidating Support for VMware and SAP to Regain Control of Licensing and Roadmap Decisions17.3.2026 15:00:00 EET | Press release
Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced Lwart Environmental Solutions, one of the world’s leading oil re-refineries and industrial sustainability organizations, has expanded its long-time partnership with Rimini Street. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317697393/en/ Lwart Environmental Solutions Expands Long-Standing Relationship with Rimini Street, Consolidating Support for VMware and SAP to Regain Control of Licensing and Roadmap Decisions By switching to Rimini Street for SAP and VMware support, Lwart has taken direct control of its software licensing, upgrade and technology roadmap decisions, eliminating vendor-driven timelines and cost escalation. The move improves support responsiveness, lowers operating costs and allows Lwart’s IT organization to operate its c
Lenovo Partners with Eva Longoria to Launch Global Search for Business “Twins”17.3.2026 15:00:00 EET | Press release
Lenovo today launches Backing Every Business, a new global initiative designed to close the support gap facing small businesses. In partnership with actress, entrepreneur and investor Eva Longoria, founders around the world can apply for grant funding, AI-enabled technology and one-to-one mentorship, including from Longoria herself. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317068350/en/ Small and medium-sized businesses fuel the world’s economy, representing approximately 90% of all businesses, 70% of employees and 50% of global GDP, according to the World Economic Forum. Their impact is anything but small, yet many founders struggle to access the capital, technology and strategic guidance needed to thrive. Backing Every Business aims to change that by combining financial support, meaningful peer connection and cutting-edge AI-powered technology to help founders grow and scale with confidence. At the heart of the in
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom