Saudi Arabia Partners with World Bank to Ensure No Nation Left Behind on AI

Saudi Arabia and the World Bank announce a long-term partnership to accelerate the use of AI in developing nations. (SPA)
Saudi Arabia and the World Bank announce a long-term partnership to accelerate the use of AI in developing nations. (SPA)
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Saudi Arabia Partners with World Bank to Ensure No Nation Left Behind on AI

Saudi Arabia and the World Bank announce a long-term partnership to accelerate the use of AI in developing nations. (SPA)
Saudi Arabia and the World Bank announce a long-term partnership to accelerate the use of AI in developing nations. (SPA)

Saudi Arabia and the World Bank announced on Wednesday a long-term partnership to accelerate the use of Artificial Intelligence (AI) in developing nations in support of economic and development goals.

Director of the National Information Center (NIC) Esam bin Abdullah Alwagait said: "Through this partnership with the World Bank, Saudi Arabia aims to help all countries of the world to unlock the value of Artificial Intelligence and to share the benefits of data-driven decision-making to support economic and social growth.

“Data and AI are at the heart of Saudi Arabia's Vision 2030, and through the development of our own AI agenda and policies, we have developed skills and resources that we want to share to ensure that all nations are equally prepared to harness the value of AI.”

World Bank Vice President of Infrastructure Makhtar Diop stated: "This initiative aims to help governments harness AI technologies while adopting the appropriate safeguards for ensuring privacy and protection as well as inclusivity and unbiased algorithms."

Saudi Arabia unveiled on Wednesday its new National Strategy for Data and Artificial Intelligence (NSDAI) which will make the Kingdom a global leader in AI by 2030.

The National Strategy, which will be led by the Saudi Data and AI Authority (SDAIA), was officially launched at the inaugural Global AI Summit in Riyadh. The two-day summit was launched under the auspices of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense.



Saudi Arabia, Italy Sign MoU to Strengthen Collaboration in Renewable Energy

The MoU focuses on key areas such as energy transitions and security, renewable energy and electricity interconnection. SPA
The MoU focuses on key areas such as energy transitions and security, renewable energy and electricity interconnection. SPA
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Saudi Arabia, Italy Sign MoU to Strengthen Collaboration in Renewable Energy

The MoU focuses on key areas such as energy transitions and security, renewable energy and electricity interconnection. SPA
The MoU focuses on key areas such as energy transitions and security, renewable energy and electricity interconnection. SPA

Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz has met in Riyadh with Italian Minister of Environment and Energy Security Gilberto Pichetto Fratin to explore avenues for cooperation across various energy sectors.

The two sides signed on Tuesday a memorandum of understanding (MoU) to strengthen collaboration between Saudi Arabia and Italy, serving their shared interests.

The MoU focuses on key areas such as energy transitions and security, renewable energy, electricity interconnection, energy efficiency, geothermal energy, methane emissions reduction, advancing energy storage solutions, petroleum, natural gas, and conventional and transitional fuels.

It also addresses enhancing the stability and reliability of petroleum and natural-gas markets, reducing market volatility, and improving energy supply security and supply chains.
The agreement highlights innovation and technology, such as hydrogen project development, climate-change mitigation solutions, the circular carbon economy, and carbon capture, utilization, and storage. Additionally, it emphasizes digital transformation, cybersecurity, and artificial intelligence in the energy sector while fostering joint initiatives to support engineering and construction projects in energy. These efforts align with the Paris Agreement and the 2030 Agenda for Sustainable Development.