Saudi Arabia Saves $2.4 Bn from 2,500 Gov’t Reform Projects

Faisal Al-Khamisi announcing the Beem platform at the Digital Government Forum (Asharq Al-Awsat)
Faisal Al-Khamisi announcing the Beem platform at the Digital Government Forum (Asharq Al-Awsat)
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Saudi Arabia Saves $2.4 Bn from 2,500 Gov’t Reform Projects

Faisal Al-Khamisi announcing the Beem platform at the Digital Government Forum (Asharq Al-Awsat)
Faisal Al-Khamisi announcing the Beem platform at the Digital Government Forum (Asharq Al-Awsat)

Saudi Arabia unveiled significant advances in its digital transformation during the fourth edition of the Digital Government Forum 2025 in Riyadh, a high-profile event that brought together more than 400 government entities and 2,000 decision-makers and global and local experts.

The forum, far from being just a discussion platform, highlighted Saudi Arabia’s rapid progress in digital services, with the kingdom ranking first regionally and third globally in the Digital Government Services Maturity Index.

Ahmed Alsuwaiyan, Governor of the Saudi Digital Government Authority (DGA), announced that a review of 2,500 government reform projects had generated savings of $2.4 billion.

The forum also saw the launch of pioneering technological initiatives, including Saudi Arabia’s plan to become the first country to launch a government marketplace for artificial intelligence agents, the rollout of the national business instant messaging platform “Beem,” the launch of the “Smart Court,” and the automation of the civil registry.

These initiatives underscore the kingdom’s accelerating drive toward Vision 2030 targets in expenditure efficiency and digital leadership.

In his opening remarks, Alsuwaiyan said Saudi Arabia held the top spot in the region and third globally in digital government services maturity, reflecting the rapid development of digital infrastructure and the efficiency of technological transformation across government entities.

He added that total savings reached 8.87 billion riyals ($2.4 billion) in the third quarter of 2025, covering more than 2,500 reform projects across over 120 government entities, as part of ongoing efforts to improve financial and administrative performance and spending efficiency.

Alsuwaiyan also noted that small and medium enterprises contributed 9.16 billion riyals, accounting for about 24% of total government procurement in 2024, highlighting the government’s commitment to supporting the private sector and boosting its role in economic development.

Government cloud service adoption rose to 41%, up from 14% in 2021, with total spending exceeding 25 billion riyals across more than 156 government entities by the end of Q3 2025, demonstrating the readiness of digital infrastructure and a shift toward more efficient and secure solutions.

The authority continues to lead government digital transformation efforts according to global best practices, contributing to Vision 2030 goals by enhancing financial sustainability and improving service quality for citizens and beneficiaries, he said.

Government AI Marketplace

Tareq Amin, CEO of Saudi AI company Humain, said Saudi Arabia would become the first country to launch a centralized government marketplace for AI agents. He described the kingdom’s unprecedented technological transformation, positioning AI as an integral part of every government and private sector activity.

AI is the enabling technology that will permeate everything done, whether in government, the private sector, or even at the consumer level, Amin told attendees.

He added that Saudi Arabia had the opportunity to distinguish its services and products globally, noting that Huamain was established to develop massive infrastructure and data centers hosting advanced chips and processors with liquid cooling architecture.

According to Amin, the company plans to build computing capacity of 1.9 gigawatts by 2030, rising to 6 gigawatts by 2034, in strategic partnerships with global firms including Nvidia and Qualcomm. Currently, Humain serves 150 countries through its inference ecosystem at roughly 47% lower cost than major international competitors.

Abdulwahab Al-Baddah, a DGA spokesperson, told Asharq Al-Awsat that Saudi Arabia ranks among the world’s leading countries, securing first place regionally for the third consecutive year in the UN ESCWA index, third globally according to the World Bank, and fourth in the UN e-Government Development Index.

Boosting Productivity and Digital Services

The forum also launched several initiatives, including the Beem business platform, an integrated instant messaging and collaborative work system developed by the Saudi Federation for Cybersecurity, Programming, and Drones in partnership with the DGA.

Beem is a nationally owned platform, developed locally with all data hosted within Saudi Arabia, designed to increase efficiency and productivity in government, corporate, and private sector environments.

It consolidates work tools in a single digital ecosystem, offering instant messaging, high-quality video meetings, file and task management, shared calendars, bilingual support in Arabic and English, advanced team organization tools, local secure cloud storage, and multi-organization account management.

Faisal Al-Khamisi, chairman of the Saudi Federation for Cybersecurity, Programming, and Drones, said Beem represented a strategic step in building national digital solutions to global standards, reflecting local expertise in advanced technology development and enhancing productivity while ensuring compliance with national regulations.

The platform relies on locally compliant infrastructure with secure data management, precise access control, and collaboration tools suitable for office, hybrid, and remote work environments, aligning with Vision 2030 digital transformation objectives.

Smart Court and Civil Registry Automation

The forum also introduced the “Smart Court,” a comprehensive digital system from the Board of Grievances that redesigns litigation processes using a realistic, simplified, and technology-integrated approach, improving service quality and supporting an advanced administrative judiciary.

Additionally, the “Education and Training Situation Room” was launched to analyze evaluation data, turning large datasets into actionable insights for education and training policy, contributing to national development.

The Ministry of Foreign Affairs launched the Unified Embassy Portal, consolidating all Saudi embassies’ websites under a single digital platform with consistent branding and improved user experience.

The civil registry system was also automated through the Absher Individual platform, allowing citizens, residents, and visitors to manage civil records electronically, covering over 61 services, including data updates, birth and death certificates, and marriage and divorce documentation.

Government Website Performance

The DGA announced that the 2025 Government Websites and Digital Content Efficiency Index scored 76.24%, classified as “proficient,” up from 71.40% in 2024, based on assessments of 250 government websites. This improvement reflects growing government commitment to updating content and enhancing digital presence in line with Vision 2030.

Top performers included the Human Resources Development Fund at 92.43%, followed by the Ministry of Human Resources and Social Development at 92.41%, King Khalid University at 92.37%, and Qassim University at 92.31%.

Other notable rankings were the Saudi Water Authority at 92.02%, the Saudi Energy Efficiency Center at 90.71%, the Ministry of Industry and Mineral Resources at 90.02%, the Technical and Vocational Training Corporation at 89.52%, and the Saudi Data and Artificial Intelligence Authority at 89.39%.



Oil Prices Dip after Iran Says Dozens of Vessels are Crossing Hormuz

(FILES) The price per litre of unleaded petrol and diesel is pictured in front a Shell petrol station in Wrotham Heath, south east England on May 7, 2026. British energy giant Shell announced on May 7, 2026 a 19-percent increase in net profits for the first quarter as the Middle East war sent oil and gas prices soaring in volatile trading. (Photo by Ben STANSALL / AFP)
(FILES) The price per litre of unleaded petrol and diesel is pictured in front a Shell petrol station in Wrotham Heath, south east England on May 7, 2026. British energy giant Shell announced on May 7, 2026 a 19-percent increase in net profits for the first quarter as the Middle East war sent oil and gas prices soaring in volatile trading. (Photo by Ben STANSALL / AFP)
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Oil Prices Dip after Iran Says Dozens of Vessels are Crossing Hormuz

(FILES) The price per litre of unleaded petrol and diesel is pictured in front a Shell petrol station in Wrotham Heath, south east England on May 7, 2026. British energy giant Shell announced on May 7, 2026 a 19-percent increase in net profits for the first quarter as the Middle East war sent oil and gas prices soaring in volatile trading. (Photo by Ben STANSALL / AFP)
(FILES) The price per litre of unleaded petrol and diesel is pictured in front a Shell petrol station in Wrotham Heath, south east England on May 7, 2026. British energy giant Shell announced on May 7, 2026 a 19-percent increase in net profits for the first quarter as the Middle East war sent oil and gas prices soaring in volatile trading. (Photo by Ben STANSALL / AFP)

Oil prices dipped on Thursday after Iran's state media said about 30 vessels had crossed the Strait of Hormuz in recent hours while the semi-official Fars news agency cited a source saying Iran had begun allowing transit for some Chinese vessels.

Meanwhile, the White House, speaking of US President Donald Trump's meeting with Chinese President Xi Jinping, said both leaders agreed the Strait of Hormuz must be open for the free flow of energy. Xi said the "rejuvenation of China" and "Make America Great Again" can go hand in hand.

Easing from an earlier high of $107.13 a barrel, Brent crude oil futures were down 60 cents, or 0.6%, to $105.03 a barrel at 1422 GMT. US West Texas Intermediate futures dropped 52 cents, or 0.5%, to $100.50.

Both contracts fell on Wednesday as investors worried about possible US interest rate hikes as higher fuel prices spur inflationary pressures. Brent crude futures lost more than $2 a barrel, while WTI futures dropped more than $1.

Xi expressed interest in purchasing more US oil to reduce China's dependence on the Strait of Hormuz, according to the White House. China, never a big buyer of US crude, has not imported any since May 2025 due to a 20% import tariff imposed during the trade war.

The Strait of Hormuz, a key energy gateway, has been largely shut since the Iran war broke out at the end of February.

Iran appears to have tightened its control over the strait, cutting deals with Iraq and Pakistan to ship oil and liquefied natural gas from the region.

Before the Fars report, a Chinese supertanker carrying 2 million barrels of Iraqi crude sailed through the strait on Wednesday after being stranded in the Gulf for more than two months.

A Panama-flagged crude oil tanker managed by Japanese refining group Eneos has also passed through the strait, ship-tracking data from LSEG showed on Thursday, the second instance of a Japan-linked oil ship making it through.

Global oil supply will fall short of total demand this year as inventories are drained at an unprecedented pace, the International Energy Agency said on Wednesday.

In the United States, crude inventories fell by 4.3 million barrels to 452.9 million barrels for the week ended May 8 on rising exports, the EIA said, although distillates stockpiles rose, in opposition to expectations of a draw.


Türkiye Raises End-2026 Inflation Target to 24%

FILE PHOTO: A view of the city's business and financial districts, from the July 15 Martyrs' Bridge, known as the Bosphorus Bridge, which links the city's Asian and European sides, in Istanbul, Türkiye, November 2, 2025. REUTERS/Murad Sezer/File Photo
FILE PHOTO: A view of the city's business and financial districts, from the July 15 Martyrs' Bridge, known as the Bosphorus Bridge, which links the city's Asian and European sides, in Istanbul, Türkiye, November 2, 2025. REUTERS/Murad Sezer/File Photo
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Türkiye Raises End-2026 Inflation Target to 24%

FILE PHOTO: A view of the city's business and financial districts, from the July 15 Martyrs' Bridge, known as the Bosphorus Bridge, which links the city's Asian and European sides, in Istanbul, Türkiye, November 2, 2025. REUTERS/Murad Sezer/File Photo
FILE PHOTO: A view of the city's business and financial districts, from the July 15 Martyrs' Bridge, known as the Bosphorus Bridge, which links the city's Asian and European sides, in Istanbul, Türkiye, November 2, 2025. REUTERS/Murad Sezer/File Photo

Türkiye's central bank raised its end-2026 interim inflation target to 24% from 16% Governor Fatih Karahan said on Thursday, forecasting that the inflationary effects related to the Iran war would remain pronounced in the short term.

Presenting the central bank's quarterly inflation report in Istanbul, Karahan said the bank also lifted its end-2027 interim inflation target ⁠to 15% from ⁠9%, setting its end-2028 interim target at 9%.

"While the central question before us is how long the regional tensions and pressures on energy supply will persist, we assess that the related inflationary effects ⁠will remain pronounced in the short term," Reuters quoted Karahan as saying.

He said that how long the tension lasts is a critical risk factor in terms of the inflation outlook, adding that there would be no compromise on the bank's determination to bring down inflation and it will continue to use all available tools for disinflation.

In the previous quarterly inflation report ⁠in ⁠February, the bank raised its year-end inflation forecast range by two percentage points to 15-21% and maintained its interim 16% target, despite market doubts about whether the downward trend seen throughout 2025 is on track.

The war-related surge in energy prices has rattled import-heavy economies like Türkiye. Monthly inflation surged to 4.18% in April and 32.37% on the year.


UK Economy Shows Unexpected Growth of 0.3% in March

Union flags flutter in the breeze close to the Victoria Tower and Palace of Westminster, home to the two houses of Parliament, after the State Opening of Parliament in London on May 13, 2026. (Photo by Adrian DENNIS / AFP)
Union flags flutter in the breeze close to the Victoria Tower and Palace of Westminster, home to the two houses of Parliament, after the State Opening of Parliament in London on May 13, 2026. (Photo by Adrian DENNIS / AFP)
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UK Economy Shows Unexpected Growth of 0.3% in March

Union flags flutter in the breeze close to the Victoria Tower and Palace of Westminster, home to the two houses of Parliament, after the State Opening of Parliament in London on May 13, 2026. (Photo by Adrian DENNIS / AFP)
Union flags flutter in the breeze close to the Victoria Tower and Palace of Westminster, home to the two houses of Parliament, after the State Opening of Parliament in London on May 13, 2026. (Photo by Adrian DENNIS / AFP)

Britain's economy expanded unexpectedly in March to cap another strong first quarter, suggesting the economy was in slightly better shape as the Iran war escalated than many feared, official data showed on Thursday.

Gross domestic product increased by 0.3% month-on-month in March, the Office for National Statistics (ONS) said, against expectations in a Reuters poll of economists for a 0.2% contraction.

The ⁠services sector, construction ⁠output and manufacturing all grew strongly.

"Many will be unconvinced that this momentum can be sustained throughout this year," said Scott Gardner, investment strategist at J.P. Morgan Personal Investing.

"The risk is that ⁠the energy price spike following the start of the Iran conflict will persist and lead to a rebound in inflation."

Recent business surveys point to a rapid increase in cost pressures that is likely to weigh on corporate activity.

For the first quarter as a whole, the economy expanded by 0.6% - marking the third year ⁠running ⁠of conspicuously strong growth in the first quarter.

The ONS on Thursday published a blog that acknowledged there may be post-pandemic shifts in the timing of spending in the economy, and nudged down its readings for the first quarters of 2024 and 2025.

Finance minister Rachel Reeves said the data showed she had the right economic plan.