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  • Aramco Digital partners with Accenture for AI-skilled workforce in Saudi Arabia

    At the core of the partnership lies building an AI-ready workforce. Aramco Digital will adopt Accenture’s LearnVantage’s AI-native platform, which uses a generative AI recommendation engine to curate learning content and offer deep capabilities – from skill gaps assessment and personalized learning to certifications – to ensure individuals gain the skills to become tech-savvy and succeed in their changing role.

  • Qualcomm, Aramco and RDIA Plan Design in Saudi Arabia Startup Program

    Qualcomm, through its subsidiary Qualcomm Technologies, Inc., Aramco, and Saudi Arabia’s Research, Development and Innovation Authority (RDIA) are planning to launch Design in Saudi Arabia (DISA). DISA is envisaged to be an incubator program for Saudi Arabia that aims to support startups that are adopting AI, Internet of Things (IoT), and wireless technologies for industrial use cases.

  • Microsoft and partners to generate $24 billion in Saudi Arabia over next four years, says IDC study

    Microsoft, along with its partners and cloud-utilizing customers, is projected to generate approximately $24 billion in additional revenue above the 2022 figures over the next four years, according to a recent study from IDC. The same research indicates that by 2026, Microsoft’s partner ecosystem will earn roughly $8 for every $1 of revenue generated by Microsoft’s cloud services. This presents significant opportunities for partners in the Kingdom to enhance their revenues, increase local content contributions, and expand their customer bases.

  • Saudi Arabia starts time planning for 2025 Hajj season

    Saudi Arabia announced the start of time planning for the 2025 Hajj season, during a meeting held on Sept. 8 in Jeddah, under the auspicious of Prince Khalid Al Faisal, Advisor to the Custodian of the Two Holy Mosques, Governor of Makkah Province and Chairman of the Central Hajj Committee.

  • Saudi Arabia sees Italy as partner of choice on green products

    Saudi Arabia regards Italy as a useful ally to help it deliver green energy and fuels - including hydrogen produced with renewable power - to Europe, the kingdom's investment minister said on Thursday. Under its multi-year energy strategy, Saudi Arabia aims to grow its production capacity for low-carbon products to diversify away from its traditional oil and gas business. However, since the market for low and zero-carbon hydrogen is still at an initial stage, the country is looking for allies who could facilitate the export of these products.

  • New Saudi campaign explores the ‘Heart of Arabia’

    The heroine of the film – a solo female traveller – is initially filled with trepidation but experiences a warm Saudi welcome as she embarks on an enigmatic quest through the country’s spectacular destinations. It also showcases a lesser-known side to Saudi – its expansive geography, diverse terrain, and human and natural wonders – from the clear turquoise waters of the Red Sea, to Aseer’s lush mountains, the vibrant cities of Riyadh and Jeddah as well as iconic UNESCO World Heritage Sites of Diriyah, Hegra and Al Balad. The wider message of the campaign is about Saudi’s extraordinary heritage, its rapid transformation into a dynamic global destination, and the endearing warmth of its people.

  • IMF Executive Board Concludes 2024 Article IV Consultation with Saudi Arabia

    Oil production cuts led to an overall contraction in growth of 0.8 percent in 2023, albeit non-oil GDP grew by a robust 3.8 percent, driven mostly by private consumption and non-oil investment. The unemployment rate reached historic lows, with women labor force participation rates remaining comfortably above the 30 percent 2030 target. Geopolitical events have not had any major impact on the Saudi economy so far.

  • IMF Saudi Arabia 2024 Article IV Consultation: Press Release and Staff Report

    Saudi Arabia’s unprecedented economic transformation is progressing well. Strong domestic demand is keeping non-oil growth robust while unemployment is at record lows. Inflation is contained and the current account surplus is rapidly narrowing. The recalibration of the authorities’ investment plans would help reduce overheating risks and pressures on fiscal and external accounts.

  • Turkiye and Saudi Arabia forge defence technology partnership

    The cooperation encompasses a broad range of defence sectors, including unmanned aerial vehicles (UAVs), missile systems, electronic warfare and advanced software systems. Turkish defence firms, renowned for their cutting-edge innovations, are expected to play a crucial role in the modernisation of Saudi Arabia’s defence industry. This partnership not only allows Saudi Arabia to acquire sophisticated military technologies but also to develop its indigenous production capabilities through joint ventures and collaborative research initiatives.

  • Mastercard and Saudia Partner to Empower Women Entrepreneurs in Saudi Arabia with ‘Her Voice’

    This season, Mastercard and Saudia will be putting inspiration into action by partnering with Blossom Accelerator, Saudi Arabia's first tech-inclusion and female-focused accelerator, to host three workshops — in Jeddah, Riyadh, and Khobar — providing budding female entrepreneurs, aspiring leaders, and small business owners access to all-important learning and networking opportunities.