Saudi Arabia Grants First Ever Citizenship to a Robot

Robot Sofia at a FII session in Saudi Arabia, Asharq Al-Awsat
Robot Sofia at a FII session in Saudi Arabia, Asharq Al-Awsat
TT

Saudi Arabia Grants First Ever Citizenship to a Robot

Robot Sofia at a FII session in Saudi Arabia, Asharq Al-Awsat
Robot Sofia at a FII session in Saudi Arabia, Asharq Al-Awsat

Saudi Arabia presented itself on Wednesday as the first country to ever grant citizenship to a Robot as a symbolic display for a progressive future at Neom.

Advanced artificial intelligence humanoid robot, Sophia, was granted citizenship at the Future Investment Initiative Forum.

Sophia is a life-imitating and highly interactive robot designed by Hong Kong Company Hanson Robotics. At the Future Initiative, Sophia demonstrated her capacity for human expression.

At the FII forum, Sophia showed her ability to express human feelings such as happiness, sadness and anger, through facial expressions. The characteristic is a key element in building trust between people and what Masayoshi Son, CEO of Softbank Group, described as super intelligent beings.

The historic declaration was part of a large-scale session that discussed possibilities offered by future integration of artificial intelligence and technology into human life.

“I want to live and work with humans so I need to express the emotions to understand humans and build trust with people,” Sofia said in an exchange with moderator Andrew Ross Sorkin.

Asked whether robots can be self-aware, conscious and know they're robots, she said: “Well let me ask you this back, how do you know you are human?”

“I want to use my artificial intelligence to help humans live a better life, like design smarter homes, build better cities of the future. I will do my best to make the world a better place,” she said.

Her desire to achieve more human-like characteristics was rewarded by being granted the first Saudi citizenship for a robot.

“I am very honored and proud for this unique distinction. This is historical to be the first robot in the world to be recognized with a citizenship,” Sophia said.



Saudi Transport, Logistics Sector Set for 10% Growth in Q2

An investor monitors a trading screen at the Saudi financial market in Riyadh. (AFP)
An investor monitors a trading screen at the Saudi financial market in Riyadh. (AFP)
TT

Saudi Transport, Logistics Sector Set for 10% Growth in Q2

An investor monitors a trading screen at the Saudi financial market in Riyadh. (AFP)
An investor monitors a trading screen at the Saudi financial market in Riyadh. (AFP)

As Saudi companies start reporting their Q2 financial results, experts are optimistic about the transport and logistics sector. They expect a 10% annual growth, with total net profits reaching around SAR 900 million ($240 million), driven by tourism and an economic corridor project.

In Q1, the seven listed transport and logistics companies in Saudi Arabia showed positive results, with combined profits increasing by 5.8% to SAR 818.7 million ($218 million) compared to the previous year.

Four companies reported profit growth, while three saw declines, including two with losses, according to Arbah Capital.

Al Rajhi Capital projects significant gains for Q2 compared to last year: Lumi Rental’s profits are expected to rise by 31% to SAR 65 million, SAL’s by 76% to SAR 192 million, and Theeb’s by 23% to SAR 37 million.

On the other hand, Aljazira Capital predicts a 13% decrease in Lumi Rental’s net profit to SAR 43 million, despite a 44% rise in revenue. This is due to higher operational costs post-IPO.

SAL’s annual profit is expected to grow by 76% to SAR 191.6 million, driven by a 29% increase in revenue and higher profit margins.

Aljazira Capital also expects a 2.8% drop in the sector’s net profit from Q1 due to lower profits for SAL and Seera, caused by reduced revenue and profit margins.

Mohammad Al Farraj, Head of Asset Management at Arbah Capital, told Asharq Al-Awsat that the sector’s continued profit growth is supported by seasonal factors like summer travel and higher demand for transport services.

He predicts Q2 profits will reach around SAR 900 million ($240 million), up 10% from Q1.

Al Farraj highlighted that the India-Middle East-Europe Economic Corridor (IMEC), linking India with the GCC and Europe, is expected to boost sector growth by improving trade and transport connections.

However, he warned that companies may still face challenges, including rising costs and workforce shortages.