Advanced Saudi Tech Products Are Highlighted at GITEX 2023

The Saudi Technology and Security Comprehensive Control (Tahakom) is highlighting its innovations, products, and solutions that rely on the AI system. (SPA)
The Saudi Technology and Security Comprehensive Control (Tahakom) is highlighting its innovations, products, and solutions that rely on the AI system. (SPA)
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Advanced Saudi Tech Products Are Highlighted at GITEX 2023

The Saudi Technology and Security Comprehensive Control (Tahakom) is highlighting its innovations, products, and solutions that rely on the AI system. (SPA)
The Saudi Technology and Security Comprehensive Control (Tahakom) is highlighting its innovations, products, and solutions that rely on the AI system. (SPA)

The Saudi government and private entities are showcasing their technical products and services at the GITEX Global 2023 exhibition, which is currently holding its 43rd edition at the Dubai World Trade Center between Oct. 16 and 20.

The event brings together more than 40 government and private entities in Dubai, with the participation of about 5,000 companies from various countries, focusing on the most important issues in artificial intelligence and blockchain, robotics, quantum computing, and cryptocurrencies.

Officials from the industrial and mineral resources sector are shedding light on the industrial and mining transformation in Saudi Arabia and opening channels of communication with global investors.

Through its participation at GITEX, the Saudi Ministry of Transport is reviewing its projects and initiatives to improve road quality, raise traffic safety levels, and automate bridge monitoring with the latest international technologies.

It is testing the direct monitoring system in cooperation with the Ministry of Interior and measures the weights and dimensions of trucks on the roads without traffic obstacles or human intervention to enhance monitoring efficiency.

The Saudi Export Development Authority is participating with around 33 national companies under the "Saudi Made" program that aims to raise the image and brand of the Kingdom's exports, boost their position in regional and global markets, identify international business opportunities, link exporters with potential buyers, and promote national products and services on major vital platforms that bring together investors.

The Export-Import Bank (EXIM) is known for its financing, credit services, and products that enable local banks and financial institutions to support Saudi exporters and foreign importers.

EXIM provides innovative solutions to support non-oil exports and enhance its presence in global markets.

It reviews the Kingdom's experience in the transition towards the digital economy and the state's efforts to support emerging sectors and entrepreneurs.

The efforts aim to adopt advanced technologies, launch technology-based projects that support the transformation, and meet the aspirations of Vision 2030 to build a prosperous economy and sustainable development.

At GITEX, the Zakat, Tax, and Customs Authority (ZATCA) is highlighting qualitative development in its technical services through various electronic platforms and its experience in developing smart systems, including its success in implementing the electronic invoicing system.

The Saudi Technology and Security Comprehensive Control (Tahakom) is also taking part in GITEX 2023.

Tahakom is highlighting its innovations, products, and solutions that rely on its own AI system in public safety and smart mobility. They include the Urban Eye system, smart parking, "Tahakom's Public Safety Solutions Car," mixed reality, and a drone product display.

It also introduces a crowd management system and solutions and several solutions developed by the AI system, including Tahakom's personal assistant, created by a supercomputer that efficiently supports dealing with complex tasks and processing massive data at high speed.

The Advanced Electronics Company, a wholly owned subsidiary of SAMI, is showcasing many of its products, most notably Smart Solutions zone, Smart City technologies, Smart Street Light, Smart Fire Detection, Waste Management, Video Analytics, and Asset Tracking.

The exhibit will further explore the company's futuristic managed services, cloud computing systems, digital healthcare modules, innovative technologies spanning various industries, and unparalleled manufacturing capabilities.

GITEX is one of the most important technical platforms that showcases the latest technological solutions in cloud computing, consumer technology, information centers, e-marketing, and highly advanced innovations in the world of information technology from various parts of the world.

More than 5,000 exhibitors representing more than 170 countries, and over 100,000 visitors are expected at the event.



Saudi-GCC Non-Oil Trade Surplus Achieves 203% Annual Growth

An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. (Reuters)
An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. (Reuters)
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Saudi-GCC Non-Oil Trade Surplus Achieves 203% Annual Growth

An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. (Reuters)
An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. (Reuters)

The non-oil trade surplus of Saudi Arabia with the Gulf Cooperation Council (GCC) countries recorded an annual growth rate of 203.2% to more than SAR2 billion in April, reported the Saudi Press Agency on Friday. It soared to around SAR3,511 million from SAR1,158 million in the same month last year.

According to preliminary data from the International Trade Bulletin for April, published by the General Authority for Statistics (GASTAT), the total volume of non-oil trade, including re-exports, between Saudi Arabia and GCC countries amounted to around SAR18,028 million. This reflects a year-on-year growth of 41.3%, with an increase of SAR5,271 million from SAR12,757 million in April 2024.

Non-oil commodity exports, including re-exports, rose by 55%, totaling SAR10,770 million, up from SAR6,958 million in April of the previous year, an increase of over SAR3,812 million.

Meanwhile, the value of national non-oil commodity exports reached around SAR3,031 million, compared to SAR2,675 million in April 2024, achieving a year-on-year growth rate of 13.3%, with an increase estimated at SAR356 million.

Additionally, the value of re-exports surged by 81%, reaching SAR7,738 million compared to SAR4,282 million, an increase of SAR3,456 million.

Saudi Arabia’s imports from GCC countries stood at SAR7,258 million in April 2025, compared to SAR5,799 million last year, achieving a year-on-year growth of 25.2%, with an increase of SAR1,459 million.

The data indicated that the United Arab Emirates ranked first in terms of non-oil trade volume with Saudi Arabia, amounting to SAR13,533 million, representing about 75.1% of the total.

Bahrain followed in second place with a trade value of SAR1,798 million (10%), while Oman ranked third with SAR1,454 million (8.1%). Kuwait was fourth with SAR819.9 million (4.5%), and Qatar came next with a value of SAR422.1 million (2.3%).