Saudi Arabia Ranks 2nd in AI Awareness

The report indicated that the Kingdom ranked second in the world regarding feeling positive about AI products (Asharq Al-Awsat)
The report indicated that the Kingdom ranked second in the world regarding feeling positive about AI products (Asharq Al-Awsat)
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Saudi Arabia Ranks 2nd in AI Awareness

The report indicated that the Kingdom ranked second in the world regarding feeling positive about AI products (Asharq Al-Awsat)
The report indicated that the Kingdom ranked second in the world regarding feeling positive about AI products (Asharq Al-Awsat)

Saudi Arabia ranked second globally for societal awareness of artificial intelligence, according to the 2023 Artificial Intelligence Index Report by Stanford University.

The report is a comprehensive resource for policymakers, researchers, and industry professionals to understand better the current situation regarding artificial intelligence and possible future trends.

The report indicated that the Kingdom ranked second in the world, after China, regarding feeling positive about AI products and services during the current and future phases.

The survey included several criteria, notably the societal knowledge of the benefits and value of artificial intelligence products and services.

Saudi Arabia came in second place in the world, ahead of South Korea and Brazil, when talking about whether AI products and services will make the lives of the participants in the survey easier.

The Kingdom was also ahead of India, France, and Russia when participants were asked about their knowledge of the benefits and value of artificial intelligence products and services.

The Saudi leadership's interest in AI is prominent, as Crown Prince Mohammed bin Salman indicated in his speech during the G20 Summit 2019 in Osaka.

"We live in a time of scientific innovations, unprecedented technologies, and unlimited growth prospects. If used optimally, new technologies such as artificial intelligence and the Internet of Things can avoid many harms and bring the world many huge benefits," said the Crown Prince.

The government established the Saudi Data and Artificial Intelligence Authority (SDAIA) in 2019 to officially manage the sector in the Kingdom.

The Authority is the national reference in everything related to organization, development, and dealing with AI, driving the national agenda for Data and AI to elevate the Kingdom as a global leader in the elite league of data-driven economies.

With this support, the Kingdom ranked first in the Arab world in 2020 and 22nd globally in the Global Index of Artificial Intelligence, compared to 29th in 2019.

Furthermore, the Kingdom established the AI Ethics Principles for public consultation as a practical guide to incorporating AI ethics throughout the AI system development life cycle.

After analyzing global and domestic standards and guidelines for AI use, AI Ethics principles recognize the importance of developing artificial intelligence and technological innovation in the Kingdom's services for its citizens and visitors.

Last year, the Kingdom joined the World Bank Group's Digital Development Partnership, a public-private collaboration to help developing countries use digital innovations to solve some of their most challenging issues.

SDAIA intensified the awareness aspect of this sector and its uses, including its organization of the two global AI summits in 2020 and 2022.

The Authority complied with the most extensive glossary of data and artificial intelligence, collecting the most important technical terms related to data and artificial intelligence with short, accessible definitions in Arabic and English.

The Kingdom presented the world with the best image of AI applications through "The Line" city and its adaptation to AI solutions to build sustainable societies.

Saudi Aramco has the largest industrial use of AI data, using "methane sensors" and the "Internet of Things" to provide the world with the cleanest activities in the refining, chemicals, and marketing sector.

Academically, King Abdullah University of Science and Technology (KAUST) collaborated with SDAIA to establish the Center of Excellence in Data Science and Artificial Intelligence.

The center enhances AI research, development, and innovation by funding applied data science and AI projects in areas of interest to SDAIA and its in-kingdom partners.

It also aims to develop a practical training program in data science and AI tools and methods and deliver that program to as broad an audience as possible throughout the Kingdom.



New Aramco Digital Network to Enable Secure Industrial Connectivity across Saudi Arabia

New Aramco Digital Network to Enable Secure Industrial Connectivity across Saudi Arabia
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New Aramco Digital Network to Enable Secure Industrial Connectivity across Saudi Arabia

New Aramco Digital Network to Enable Secure Industrial Connectivity across Saudi Arabia

Aramco Digital, the technology subsidiary of Saudi Aramco, is set to launch the Kingdom’s national industrial communications network operating in the 450 MHz band. Designed to deliver secure, highly reliable industrial connectivity across Saudi Arabia, the network will support sectors that require continuous operations and dependable communications for critical assets and facilities.

As part of the launch, Aramco Digital will introduce a comprehensive portfolio of 450 MHz-based industrial digital solutions, including tailored connectivity packages for various sectors and a new generation of smart radios developed specifically for demanding industrial environments, SPA reported.

These smart radios combine rugged, industrial-grade design with advanced capabilities such as AI, enhanced sensing technologies, extended battery life through improved energy efficiency, and real-time data processing at the device level. Together, these features will support operational accuracy, reliability, and continuity in complex operating conditions.

The network will enable a broad range of Industrial Internet of Things (IIoT) applications, including asset condition and performance monitoring, fleet and equipment tracking, air quality and environmental sensing, smart video surveillance, smart metering, lighting and infrastructure control, and industrial mobility and fleet management solutions. These capabilities will enhance operational transparency, support automation, and improve efficiency across both industrial and service sectors.

The network is intended to underpin the Kingdom’s next phase of industrial development and support the objectives of Saudi Vision 2030. By providing a highly reliable national communications infrastructure, the network will enable advanced automation, intelligent systems, and digital services in vital sectors.


Oil Rises as Market Focuses on Venezuela and US Sanctions Plans

A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. REUTERS/Pavel Mikheyev
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. REUTERS/Pavel Mikheyev
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Oil Rises as Market Focuses on Venezuela and US Sanctions Plans

A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. REUTERS/Pavel Mikheyev
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. REUTERS/Pavel Mikheyev

Oil prices rose on Thursday after two days of declines as investors assessed Venezuela developments and reports on progress of proposed US sanctions legislation against countries doing business with Russia.

Brent crude futures were up 59 cents, or 0.98%, at $60.55 a barrel by 1038 GMT. US ‌West Texas Intermediate ‌crude gained 58 cents, or 1%, ‌to $56.57.

Higher ⁠prices ​are ‌led by the US President allowing the Russia sanctions bill to advance, as it raises fears of further disruption to Russian oil exports, said PVM analyst Tamas Varga. Republican Senator Lindsey Graham said on Wednesday that Trump had given the green light on the legislation, adding that the bill could be put ⁠to a vote as early as next week.

Both benchmarks fell more than ‌1% for a second day on Wednesday, ‍with market participants expecting ‍abundant global supply this year. Analysts at Morgan Stanley forecast ‍a surplus of as much as 3 million barrels per day in the first half of 2026. US gasoline and distillate stocks increased by more than analyst expectations in the week ended January ​2, while crude stocks fell, the Energy Information Administration said on Wednesday. On Tuesday, Washington announced a deal with ⁠Caracas to gain access to up to $2 billion of Venezuelan crude. The deal initially could require the rerouting of cargoes that were bound for China, sources told Reuters. Chinese independent refiners that consume much of the country's Venezuelan imports could switch to Iranian oil to make up the shortfall. The US seized two Venezuela-linked oil tankers in the Atlantic Ocean on Wednesday, one sailing under Russia's flag, as part of President Donald Trump's aggressive push to dictate oil flows in the Americas and force ‌Venezuela's socialist government to become an ally.


Gold Falls as Commodity Index Rebalancing Sparks Selling Pressure

UK gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. REUTERS/Hiba Kola//File Photo
UK gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. REUTERS/Hiba Kola//File Photo
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Gold Falls as Commodity Index Rebalancing Sparks Selling Pressure

UK gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. REUTERS/Hiba Kola//File Photo
UK gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. REUTERS/Hiba Kola//File Photo

Gold prices fell on Thursday as investors braced for futures selling tied to a commodity index reshuffle, with a stronger US dollar adding pressure by making the metal costlier for overseas buyers.

Spot gold fell 0.6% to $4,428.06 per ounce, as of 1115 GMT. US gold futures for February delivery fell 0.6% to $4,436.30.

"Gold and silver remain under pressure as the annual commodity-index ‌rebalancing gets ‌underway. Over the next five days, COMEX ‌futures ⁠could ​see ‌selling in the region of $6 to $7 billion in each metal," said Ole Hansen, head of commodity strategy at Saxo Bank.

The annual Bloomberg Commodity Index rebalancing, designed to keep the index aligned with the current state of the global commodity market, begins this week, Reuters reported.

"(The US-Venezuela conflict) added a small georisk premium at the beginning of ⁠the week which is now deflating as the attention turns to the rebalancing," ‌Hansen added.

Meanwhile, the US dollar hovered ‍near a one-month high ‍as investors assessed mixed economic data ahead of Friday’s nonfarm payrolls ‍report.

Data on Wednesday showed US job openings dropped to a 14-month low in November while hiring resumed its sluggish tone, pointing to ebbing labor demand.

Investors are now awaiting the US non-farm payrolls data for ​more clues on monetary policy, with markets pricing in two interest rate cuts by the Federal Reserve ⁠this year.

On the geopolitical front, the US seized two Venezuela-linked oil tankers in the Atlantic Ocean on Wednesday.

Spot silver lost 3.2% to $75.64 per ounce, after hitting an all-time high of $83.62 on December 29.

HSBC sees gold hitting $5,000 per ounce in the first half of 2026 on geopolitical risks and rising fiscal debts, and expects silver to trade between $58 and $88 in 2026, driven by supply deficits, robust investment demand, and high gold prices, but warned of a market correction later in the year.

Spot platinum was ‌down 4.2% at $2,211.94 per ounce, while palladium shed 2.4% to $1,721.61 per ounce.