Fourth Industrial Revolution Center Established in Riyadh

 Saudi Arabia's minister of economy and planning Mohammed al-Tuwaijri and Klaus Schwab, the founder and executive chairman of WEF signed an agreement to open a Center for the Fourth Industrial Revolution in the kingdom. SPA
Saudi Arabia's minister of economy and planning Mohammed al-Tuwaijri and Klaus Schwab, the founder and executive chairman of WEF signed an agreement to open a Center for the Fourth Industrial Revolution in the kingdom. SPA
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Fourth Industrial Revolution Center Established in Riyadh

 Saudi Arabia's minister of economy and planning Mohammed al-Tuwaijri and Klaus Schwab, the founder and executive chairman of WEF signed an agreement to open a Center for the Fourth Industrial Revolution in the kingdom. SPA
Saudi Arabia's minister of economy and planning Mohammed al-Tuwaijri and Klaus Schwab, the founder and executive chairman of WEF signed an agreement to open a Center for the Fourth Industrial Revolution in the kingdom. SPA

Saudi Arabia signed an agreement with the World Economic Forum (WEF) on Wednesday to establish a branch in the Kingdom of the WEF’s Center for the Fourth Industrial Revolution.

The center, the fifth in the world, places Saudi Arabia in the global Fourth Industrial Revolution network with countries such as the US, India, China and Japan.

The deal was signed by Mohammed al-Tuwaijri, the Saudi Minister of Economy and Planning, and the WEF founder and executive chairman Klaus Schwab.

Several princes and high ranking Saudi officials witnessed the signing ceremony following their meeting with Schwab and other WEF officials. They included Minister of Foreign Affairs Prince Faisal Bin Farhan; Minister of Culture Prince Badr Bin Abdullah Bin Farhan; Minister of Finance Mohammed al-Jadaan.

The center will provide space for the development of the mechanisms, plans and applications of the FIR in the Kingdom and will contribute to the adoption of technology and best practices in the region and the world, which reinforces the directives of the leadership and harnesses the tools provided by the Fourth Industrial Revolution to serve the Kingdom

This cooperation will bring the Kingdom into the global FIR network with countries such as India, China and Japan. The center will also provide the opportunity to cooperate with various government agencies, international institutions and private companies, in line with the efforts to develop effective solutions to the challenges of vital sectors, alongside preparing competencies and capacity-building, and advanced skill development in the areas related to the FIR.

The Fourth Industrial Revolution is based on a number of areas, including artificial intelligence, machine learning, robots, smart cities, the governance and future shaping of technology and data policy, automated mobility, unmanned aerial vehicles (UAVs), and the future of airspace.



Muslim World League Offers Condolences to Indonesia over Ferry Sinking near Bali

The Muslim World League (MWL) logo
The Muslim World League (MWL) logo
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Muslim World League Offers Condolences to Indonesia over Ferry Sinking near Bali

The Muslim World League (MWL) logo
The Muslim World League (MWL) logo

The Muslim World League (MWL) has extended its heartfelt condolences and deepest sympathies to the Republic of Indonesia, as well as to the families of the victims, the injured, and the missing, following the tragic sinking of a ferry near the island of Bali.

In an official statement, the MWL expressed its solidarity with the Indonesian people, offering particular support and compassion to the families affected by this devastating incident.

On Thursday, a ferry carrying 65 people sank near Indonesia’s resort island of Bali, resulting in multiple fatalities and leaving several others missing.