Saudi Communications Minister: Investing in Technology, Science Our Way towards Zero Emissions

Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha speaks at the forum. (SPA)
Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha speaks at the forum. (SPA)
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Saudi Communications Minister: Investing in Technology, Science Our Way towards Zero Emissions

Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha speaks at the forum. (SPA)
Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha speaks at the forum. (SPA)

Saudi Minister of Communications and Information Technology and Chairman of the Board of Directors of Saudi Space Commission, Eng. Abdullah bin Amer Al-Swaha stressed that the Kingdom, as one of the G20 Member States and a major source of energy in the world, is taking the lead in building a center for climate technologies in the Middle East and North Africa.

Al-Swaha made his remarks on Saturday during his participation in a panel discussion, "How will the green economy change the world in the future", as part the Saudi Green Initiative forum.

He said that the world must rally around supporting science and technology if it wanted to address climate change.

“If the world continues to follow the current policies and technologies, our zero-emissions efficiency will be 30-40% lower, and the only way to address the zero-emissions gap is to increase investment in new, widespread technologies,” he urged.

Moreover, Al-Swaha highlighted how drones can plant trees ten times faster than traditional methods and at a lower cost 20% of the cost of manual farming.

He also underscored the most important lessons learned in the early stages of using technology in the climate field, using artificial intelligence and drones to support and accelerate reforestation, and the extent of the success of such technologies in all regions of the world.

The minister underlined the ways of success of afforestation projects and how trees can best be used to combat climate change, citing the importance of international cooperation that can ensure a rapid, comprehensive expansion of the cultivation of trees that are also planted specifically in low afforestation areas of the world in order to combat desertification.



Trump to Announce $100B SoftBank Investment in the US

House Speaker Mike Johnson, left, President-elect Donald Trump, from third left, Vice President-elect JD Vance and Trump’s pick for Defense Secretary Pete Hegseth, attend the NCAA college football game between Army and Navy at Northwest Stadium in Landover, Md., Saturday, Dec. 14, 2024. (AP Photo/Stephanie Scarbrough)
House Speaker Mike Johnson, left, President-elect Donald Trump, from third left, Vice President-elect JD Vance and Trump’s pick for Defense Secretary Pete Hegseth, attend the NCAA college football game between Army and Navy at Northwest Stadium in Landover, Md., Saturday, Dec. 14, 2024. (AP Photo/Stephanie Scarbrough)
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Trump to Announce $100B SoftBank Investment in the US

House Speaker Mike Johnson, left, President-elect Donald Trump, from third left, Vice President-elect JD Vance and Trump’s pick for Defense Secretary Pete Hegseth, attend the NCAA college football game between Army and Navy at Northwest Stadium in Landover, Md., Saturday, Dec. 14, 2024. (AP Photo/Stephanie Scarbrough)
House Speaker Mike Johnson, left, President-elect Donald Trump, from third left, Vice President-elect JD Vance and Trump’s pick for Defense Secretary Pete Hegseth, attend the NCAA college football game between Army and Navy at Northwest Stadium in Landover, Md., Saturday, Dec. 14, 2024. (AP Photo/Stephanie Scarbrough)

US President-elect Donald Trump will join SoftBank Group CEO Masayoshi Son at his Florida home on Monday to announce that the company is planning to invest $100 billion in US projects over the next four years.

That's according to a person familiar with the plans who spoke on condition of anonymity before the planned announcement. Trump is set to speak at his Mar-a-Lago resort at 11 a.m., marking the first time he will address reporters since he won the election last month, The AP reported.

Japanese technology group SoftBank makes investments in a variety of companies that it groups together in a series of Vision Funds.

The company's investment portfolio that includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia.

The announcement will come days after Trump vowed to expedite federal permits for energy projects and other construction worth more than $1 billion.

In a post on his Truth Social site Tuesday, Trump said anyone making a $1 billion investment in the United States “will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.”

“GET READY TO ROCK!!!” he added.

The announcement was first reported by The Wall Street Journal.