GAIN Summit in Riyadh to Showcase Global Experiences on AI Use in Supporting Business Leaders

GAIN Summit in Riyadh to Showcase Global Experiences on AI Use in Supporting Business Leaders
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GAIN Summit in Riyadh to Showcase Global Experiences on AI Use in Supporting Business Leaders

GAIN Summit in Riyadh to Showcase Global Experiences on AI Use in Supporting Business Leaders

The third edition of the Global AI (GAIN) Summit, organized by the Saudi Data and AI Authority (SDAIA) will be held in Riyadh on September 10-12.

The summit will showcase the global experiences in the field of artificial intelligence technologies, including those that focus on the importance of business leaders' understanding of rapidly developing AI technologies, and reflecting on how to increase production driven by strategic decision-making.

The deliberations of over 300 speakers, including experts, specialists, and decision-makers from 100 countries will present business leaders and those interested in the field of data and AI with promising options and opportunities to benefit from the technologies.

The speakers will deliberate on the most effective methods of utilizing AI to make strategic decisions, support responsible leadership, analyze the extent of the impact of AI on the growth of business activities and productivity, and motivate employees within an attractive work environment that meets the aspirations of business leaders.

The summit will underscore the importance of senior leaders and policymakers in making strategic decisions, determining the scope and directions of work, and achieving a competitive advantage for business. These decisions are guided by organizational policies, available resources, future plans, and other decisions based on AI.

According to a study by PricewaterhouseCoopers, productivity growth and improvement of manufacturing processes were five times faster when AI was used to adjust processes, identify shortcomings, and reduce waste and errors.

Predictive maintenance can also reduce downtime and speed up the pace of production, allowing the plant to increase production with the same or fewer inputs.



Saudi Arabia, Peru Discuss Cooperation in Mining Sector

The Saudi and Peruvian delegations meet in Riyadh on Thursday. (SPA)
The Saudi and Peruvian delegations meet in Riyadh on Thursday. (SPA)
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Saudi Arabia, Peru Discuss Cooperation in Mining Sector

The Saudi and Peruvian delegations meet in Riyadh on Thursday. (SPA)
The Saudi and Peruvian delegations meet in Riyadh on Thursday. (SPA)

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef met on Thursday with Peru’s Minister of Energy and Mines Jorge Cornejo and Minister of Foreign Affairs Elmer Schialer.

The meeting focused on boosting bilateral relations between Saudi Arabia and Peru, particularly in the industrial and mining sectors. Discussions also addressed opportunities in mining exploration and strategic minerals.

The meeting highlighted the Kingdom’s comprehensive mining strategy and the investment opportunities available at each stage of the mining value chain. It further emphasized the importance of strengthening international cooperation in the mining and minerals sector to support industry advancement and ensure sustainability.

The two sides also reviewed the objectives of the National Strategy for Industry, with a focus on promising opportunities in its sub-sectors, notably the food industry. The Kingdom’s enablers and incentives to support investors were also discussed.

Alkhorayef extended an invitation to the two Peruvian ministers to attend the Future Minerals Forum, scheduled to be held in Riyadh next January. The forum serves as a leading global platform bringing together industry leaders to explore the challenges and future prospects of the mining and metals sector.