Microsoft Says it Aims to Make Saudi Arabia Global Innovation Hub

Turki Badhris, head of Microsoft Arabia (Asharq Al-Awsat)
Turki Badhris, head of Microsoft Arabia (Asharq Al-Awsat)
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Microsoft Says it Aims to Make Saudi Arabia Global Innovation Hub

Turki Badhris, head of Microsoft Arabia (Asharq Al-Awsat)
Turki Badhris, head of Microsoft Arabia (Asharq Al-Awsat)

Microsoft recently announced a major partnership with the Saudi Ministry of Investment under an initiative focused on innovation.

This move aims to push Saudi Arabia to the forefront of global technology, especially in areas like Artificial Intelligence (AI), cloud computing, cybersecurity, and the Internet of Things(IoT).

Turki Badhris, head of Microsoft Arabia, explained in an interview with Asharq Al-Awsat during the “Leap 24” exhibition in Riyadh this month that the initiative aims to introduce over 70 of Microsoft’s partners to Saudi Arabia’s potential.

It also aims to support the Kingdom’s ambition to become a key innovation center in line with its national transformational plan, Vision 2030.

Badhris explained that the initiative aims to showcase the Kingdom’s potential and attract companies and investors with incentives.

This reflects Microsoft’s commitment to being a leader in AI, stressed Badhris.

The planned cloud data center in the Kingdom is expected to spur economic growth and diversification.

Badhris emphasized in his interview with Asharq Al-Awsat that this will contribute to Saudi Arabia's economic growth and diversification, in line with Microsoft’s vision to empower institutions of all sizes across sectors through advanced AI models.

The company’s investments aim to establish a vibrant tech ecosystem, boosting the Kingdom’s status as an innovation and investment hub.

Numerous institutions from various sectors are keen to utilize Microsoft’s cloud data centers to speed up digital transformations and drive innovation.

According to Badhris, these cloud data centers will have a positive impact on the Kingdom's economic growth, with forecasts suggesting that Microsoft, its partners, and cloud users could generate approximately $24 billion in new revenue over the next four years, surpassing 2022 levels.

The fast-paced evolution of cloud technology and AI highlights the crucial need for workforce development across all industries to boost their digital skills and address skill gaps in emerging tech.

Microsoft is actively working to equip the national workforce with the necessary skills for innovation and technology leadership, affirmed Badhris.

He stressed Microsoft’s role in preparing current and future workers in the Kingdom to embrace upcoming innovations and leverage emerging technologies like AI.

Saudi Arabia’s booming startup scene, the largest in the region, saw the birth of approximately 1,500 startups last year alone, buoyed by various government support programs, according to Badhris.

The head of Microsoft Arabia emphasized the company’s dedication to nurturing innovation through collaborations aimed at supporting startups and entrepreneurs.

In a joint effort with the Saudi Ministry of Communications and Information Technology, Microsoft announced the establishment of an Excellence Center in early March.

This initiative aims to equip professionals across the Kingdom with the advanced skills needed to thrive in the digital age and enhance their employability prospects.

Saudi Arabia’s national workforce program has equipped over 108,000 professionals in the Kingdom with the latest digital skills crucial for success in the AI era.

Microsoft, alongside the Ministry of Education, has trained over 250,000 teachers in the past two years and reached 5.6 million students through the “Madrasati” coding program.

Furthermore, more than 70,000 individuals have benefited from Microsoft Learn, completing 18,000 educational paths.



Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
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Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)

Türkiye Petrolleri (TPAO) has signed a partnership agreement with Shell to carry out exploration work in Bulgaria's maritime zone, the Turkish energy ministry and British oil major said on Wednesday.

European Union member Bulgaria, which had been totally dependent on Russian gas until 2022, has been seeking to diversify its gas supplies and find cheaper sources, Reuters reported.

TPAO and Shell will jointly explore the Khan Tervel block, located near Türkiye's Sakarya gas field, and will hold a five-year licence in Bulgaria's exclusive economic zone, Minister Alparslan Bayraktar said.

Shell will continue as operator of the block, while TPAO will take a 33% interest in the licence, a Shell spokesperson said.

Since the start of this year, TPAO has signed energy cooperation agreements with ExxonMobil, Chevron and BP for possible exploration work in the Black Sea and the Mediterranean.

In April, Shell signed a contract with Bulgaria's government to allow the oil major to explore 4,000 square metres in the block.


Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
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Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA

Saudia Airlines has signed a five-year strategic partnership with Six Flags and Aquarabia Qiddiya City, becoming the official premier partner exclusively in the airline category.

As part of the partnership, Saudia will develop special travel packages designed to enable visitors to experience world-class attractions. The collaboration also brings the spirit of Six Flags and Aquarabia Qiddiya City to the skies through special aircraft branding across Saudia’s fleet, SPA reported. 

Chief Marketing Officer of Saudia Group Khaled Tash said in a press release: "Saudia is committed to supporting national development projects as part of its contribution to Vision 2030, aligned with our strategy to bring the world to the Kingdom. Partnerships of this scale with national partners play a key role in positioning Saudi Arabia as a leading global destination for entertainment and tourism."

Park President of Six Flags and Aquarabia Qiddiya City Brian Machamer added: "Our partnership with Saudia not only reflects a shared ambition to connect the Kingdom to the world through world-class entertainment experiences, but strengthens our ability to attract visitors from around the world and realize our vision of setting a new global benchmark for immersive, world-class theme park entertainment and reinforcing Saudi Arabia’s growing presence on the global tourism stage."

Six Flags Qiddiya City sets a new benchmark for exceptional entertainment regionally and globally. Spanning six iconic themed lands, the theme park takes visitors on an immersive journey across 28 rides and attractions designed to world-class standards. Beyond the scale and diversity of its offerings, Six Flags Qiddiya City stands out for pushing the boundaries of engineering and entertainment, featuring five exclusive, record-breaking rides that have redefined global benchmarks. Leading these innovations is Falcons Flight, the roller coaster that has captured global attention as the fastest, tallest, and longest in the world.

Aquarabia Qiddiya City delivers a distinctive aquatic entertainment experience, offering 22 rides and water attractions, along with a man-made river designed for both relaxation and family-friendly water fun. For guests seeking privacy and elevated comfort, Aquarabia features 91 luxury cabanas, positioning the destination as a fully integrated leisure offering that redefines water-based entertainment to the highest international standards.

Located in the Tuwaiq Mountains near Riyadh, Qiddiya City is an emerging destination bringing together entertainment, sports, and culture. Six Flags and Aquarabia Qiddiya City form part of its entertainment offering.


Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
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Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)

Moody’s Corporation announced that it has established its regional headquarters in Riyadh, reflecting ongoing commitment to support the development of the Kingdom’s capital markets and economy.

“This investment aligns to the Kingdom's Vision 2030 initiative and underscores its dynamism and growth,” Moody’s said in a statement this week.

The new regional headquarters marks an expansion of Moody’s presence in Saudi Arabia, where the company first opened an office in 2018, and reflects its longstanding commitment to the Middle East.

“The headquarters will strengthen Moody’s engagement with Saudi institutions and enable broader access to Moody’s decision grade data, analytics and insights,” said the statement.

“Our decision to establish a regional headquarters in Riyadh reflects our confidence in Saudi Arabia’s strong economic momentum, as well as our commitment to helping domestic and international investors unlock opportunities with our expertise and insights,” said President and Chief Executive Officer of Moody’s Rob Fauber.

“We are well positioned to provide the analytical capabilities and market intelligence that investors and institutions need to navigate evolving markets across the Middle East,” the statement quoted him as saying.

Mahmoud Totonji will lead the regional headquarters as General Manager.