‘Humain Chat’ Powered by ‘Allam B34’: A Bridge for 400 Million Arabic Speakers  

Humain CEO Tareq Amin speaks during the launch event. (Turki Al-Aqaili) 
Humain CEO Tareq Amin speaks during the launch event. (Turki Al-Aqaili) 
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‘Humain Chat’ Powered by ‘Allam B34’: A Bridge for 400 Million Arabic Speakers  

Humain CEO Tareq Amin speaks during the launch event. (Turki Al-Aqaili) 
Humain CEO Tareq Amin speaks during the launch event. (Turki Al-Aqaili) 

In a technology landscape long dominated by Western models, Saudi Arabia has entered the global artificial intelligence (AI) race on its own terms. The launch of Humain Chat, developed by Humain - a company owned by the Public Investment Fund - is more than a technical milestone; it is a sovereign declaration that innovation can be deeply rooted in local identity, and that the digital future can be built by Saudi hands to serve the wider world.

For years, Arabic speakers have felt excluded from the generative AI boom, where global applications often failed to grasp cultural nuance or linguistic depth. That gap may now be closing. From Riyadh, Humain has unveiled Humain Chat, powered by its pioneering Arabic large language model Allam B34, marking a turning point for digital inclusion in the Arab world.

The launch event in Riyadh was led by Humain CEO Tareq Amin, joined by Jonathan Ross, CEO of US-based AI company Groq. Earlier this month, both firms announced the deployment of open-source AI models in Saudi Arabia.

Amin stressed that Humain’s strategy relies on partnerships and agility. “Our business model is built on testing, failing fast, and trying again,” he said, noting that Humain had assembled a world-class team in record time and already serves over 130 global clients. The company, he added, is driven by a global vision rather than a purely local one.

Amin argued that Saudi Arabia has unique assets, including affordable energy, vast land, expanding connectivity, and growing renewable power, that position it to lead the world in AI infrastructure.

“Launching Humain Chat is a source of pride for the Kingdom,” he said, adding: “It proves that globally competitive technologies can be rooted in our language, infrastructure, and values built in Saudi Arabia by Saudi talent.”

Humain Chat is designed for the 400 million Arabic speakers and two billion Muslims worldwide who have been underserved in the AI space. For the first time, users can create content, learn, and communicate in their own language, culture, and context.

The application integrates real-time web search to provide constantly updated information, supports voice input in multiple Arabic dialects, and allows seamless switching between Arabic and English within the same conversation. It also offers a feature to share conversations for collaboration and reuse. Importantly, the platform is fully compliant with Saudi Arabia’s Personal Data Protection Law, as it is hosted entirely on Humain’s domestic infrastructure.

Humain Chat is also the first release in the Humain IQ portfolio, a next-generation suite of AI products blending scientific rigor with responsible design.

Dr. Yasser Al-Onaizan speaks to Asharq Al-Awsat. (Turki Al-Aqaili)

Allam B34: A Landmark for Arabic AI

Allam B34 builds on models developed by the National Center for AI, under the Saudi Data and AI Authority. Independently benchmarked by Cohere, it is recognized as the most advanced Arabic-language model ever built in the Arab world.

Though Arabic-first, Allam B34 is fully bilingual, trained on one of the largest Arabic datasets ever assembled, and fine-tuned with input from more than 600 experts and 250 reviewers. The result: unmatched fluency in Arabic and sensitivity to Islamic, Middle Eastern, and cultural nuances.

The model was created by a diverse team of over 120 AI specialists, including 35 PhDs, with a 50-50 gender balance. Hosted in Saudi Arabia and built by Saudi and international talent, Allam B34 is both a national achievement and a global offering.

The launch is an invitation to citizens: use it, test it, and help shape it into the world’s leading Arabic AI system. Regional and global rollouts are planned in the coming months.

Building Human Capital: Humain Academy

Alongside the product launch, Dr. Yasser Al-Onaizan, EVP for Data and AI Models at Humain, announced plans for a Humain Academy, aimed at developing local AI talent.

“The human element is the cornerstone of building AI capabilities,” he told Asharq Al-Awsat. The academy will complement government and university efforts, filling gaps through specialized training. It will leverage Humain’s internal expertise and global networks to equip young Saudis with the skills to lead AI projects at home and across the region.

“The academy will start with initial programs and expand step by step,” he said, emphasizing that it forms part of Humain’s social responsibility to empower Saudi youth.



PIF Anchors State Street’s Newly Launched Saudi Equity ETF

Officials from PIF and State Street IM (Saudi PIF)
Officials from PIF and State Street IM (Saudi PIF)
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PIF Anchors State Street’s Newly Launched Saudi Equity ETF

Officials from PIF and State Street IM (Saudi PIF)
Officials from PIF and State Street IM (Saudi PIF)

The Saudi Public Investment Fund (PIF) and State Street Investment Management (State Street IM), one of the world’s largest asset managers, launched on Thursday the State Street Saudi Arabia Enhanced Active Equity (SAQL) with PIF as anchor investor.

The fund actively invests in equities of companies in Saudi Arabia using a quantitative multi-factor stock selection model, PIF said in a statement.

SAQL has its primary listing on the Xetra exchange in Germany and is cross listed on the LSE in the United Kingdom, where a bell ringing ceremony was held. The fund will be available to investors in both markets as well as investors across other key markets in Europe, the statement said.

The investment marks another step in PIF’s strategy to further deepen and diversify the Saudi capital market by attracting international capital flows, empowering financial institutions, broadening financing options for the private sector and introducing new products.

The newly launched fund is the second State Street IM ETF in which PIF has made an anchor investment, and the fifth ETF investment for PIF across nine global markets with leading international asset managers. New and innovative Saudi-focused products were listed in Hong Kong, London, Shanghai, Shenzhen, Tokyo, Frankfurt, Italy and Singapore.

“PIF is further strengthening Saudi Arabia’s capital market ecosystem, working with our partners to open gateways for international investors, enable access and drive global capital inflow into the country,” said Deputy Governor and Head of MENA Investments at PIF Yazeed Al-Humied.

“Our continued partnership with State Street IM reinforces a shared commitment to enhance and diversify the product range, to present new opportunities for international investors into the Saudi market and unlock capital pools,” he said.

“The launch of this ETF further deepens the Saudi market and builds on a series of PIF-anchored ETF listings across international markets, cementing PIF’s role in driving increased product diversification to enhance liquidity and fulfill market needs,” Al-Humied added.

Chief Executive Officer of State Street Investment Management Yie-Hsin Hung praised Saudi Arabia’s success story. Saying: “At State Street, as with PIF, innovation is in our DNA and we’re pleased to offer a new product in this same vein, drawing on our decades of experience and commitment to quality to underpin an exciting new offering, anchored by PIF.”

Quantitative funds, such as SAQL, use mathematical modeling, algorithmic, and data-driven methods to manage portfolios. The Saudi capital market has evolved beyond legacy sectors, with maturation of market structure and data quality – enabling SAQL to use a systematic active approach when investing in Saudi equity securities.

SAQL provides an opportunity for international investors to obtain investment exposure to this rapidly evolving economy.

The fund is registered for sale in Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden and the UK.


Morocco’s Inflation Rises to 0.9% in March

 People stand looking across the river at the skyline in the coastal city of Rabat on April 20, 2026. (AFP)
People stand looking across the river at the skyline in the coastal city of Rabat on April 20, 2026. (AFP)
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Morocco’s Inflation Rises to 0.9% in March

 People stand looking across the river at the skyline in the coastal city of Rabat on April 20, 2026. (AFP)
People stand looking across the river at the skyline in the coastal city of Rabat on April 20, 2026. (AFP)

Morocco's annual inflation, measured by the consumer price index, rose to 0.9% in March from -0.6% a month earlier, the statistics agency said on Wednesday.

Food prices, ‌the main ‌driver of ‌inflation, ⁠rose 0.6% from a year ⁠earlier, while non-food inflation increased 1.1%.

Core inflation, which excludes more volatile goods, rose 0.6% year-on-year ⁠and 0.1% month-on-month.

The ‌rise ‌in fuel prices following ‌the Iran conflict ‌led the Moroccan government to reintroduce subsidies for professional transporters, including taxis, buses ‌and trucks, to keep prices stable.

Fuel subsidies, ⁠along ⁠with aid to keep electricity and cooking gas prices stable, would cost the government 1.6 billion dirhams ($170 million) monthly, the minister in charge of the budget, Fouzi Lekjaa, said.


Strait of Hormuz Blockade Drives up Costs at Panama Canal

Aerial view of the One Contribution container ship sailing under the Tokio flag as it enters the Panama Canal in Panama City on April 21, 2026. (EPA)
Aerial view of the One Contribution container ship sailing under the Tokio flag as it enters the Panama Canal in Panama City on April 21, 2026. (EPA)
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Strait of Hormuz Blockade Drives up Costs at Panama Canal

Aerial view of the One Contribution container ship sailing under the Tokio flag as it enters the Panama Canal in Panama City on April 21, 2026. (EPA)
Aerial view of the One Contribution container ship sailing under the Tokio flag as it enters the Panama Canal in Panama City on April 21, 2026. (EPA)

The war in the Middle East has boosted demand to move vital cargo through the Panama Canal to such an extent that one vessel carrying liquefied natural gas (LNG) paid $4 million to skip the line and avoid a wait that can take up to five days, according to an official report.

A surge in such payments has been recorded since the US-Israeli attacks on Iran began February 28, which led to the blockade of the Strait of Hormuz, a critical waterway for one-fifth of the world's oil and natural gas exports from Gulf countries.

To meet fuel demand, Asia's refineries are choosing to buy oil or gas from the United States and ship it through the transoceanic waterway instead of purchasing from Gulf countries who rely on the Strait of Hormuz, according to reports from the Panama Canal Authority.

The average number of ships passing through the canal on a daily basis has "remained strong," the authority told AFP in a statement Tuesday, with 34 ships in January and 37 ships in March. Some days exceeded 40 transits.

"The increase reflects changes in global trade patterns and market conditions, including geopolitical factors affecting key routes," the authority said.

Ships transiting the canal book their passage well in advance, and ships without bookings wait an average of five days to get through, but there is an auction where last-minute transits can be purchased.

The most recent auction included a $4 million bid for an LNG vessel, and in recent weeks two oil tankers exceeded bids of $3 million, the authority said.

Past average auction prices between October and February stood at around $130,000, and rose to $385,000 in March and April.

Five percent of global maritime trade passes through the Panama Canal, and its main users are the US and China. The route primarily connects the US East Coast with China, South Korea and Japan.

In the first half of the 2026 fiscal year, which runs October to September, the Panamanian waterway recorded passage of 6,288 ships, a year-on-year increase of 3.7 percent, according to official figures.