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.



Maersk Raises Emergency Fuel Surcharge Due to Middle East Conflict

FILE PHOTO: A truck transports a Maersk container at APM Terminals at the Port of Los Angeles, California, US, March 4, 2026.   REUTERS/Mike Blake/File Photo
FILE PHOTO: A truck transports a Maersk container at APM Terminals at the Port of Los Angeles, California, US, March 4, 2026. REUTERS/Mike Blake/File Photo
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Maersk Raises Emergency Fuel Surcharge Due to Middle East Conflict

FILE PHOTO: A truck transports a Maersk container at APM Terminals at the Port of Los Angeles, California, US, March 4, 2026.   REUTERS/Mike Blake/File Photo
FILE PHOTO: A truck transports a Maersk container at APM Terminals at the Port of Los Angeles, California, US, March 4, 2026. REUTERS/Mike Blake/File Photo

Danish shipping group Maersk said on Thursday it was increasing its emergency fuel surcharge (EFS) on all export collections and import deliveries due to ⁠the ongoing conflict ⁠in the Middle East.

Oil prices rose on Thursday on worries about supply from ⁠the Middle East region amid an increase in attacks on shipping in the Gulf and the Strait of Hormuz, while the US cut output as a hurricane menaced offshore production.

Maersk ⁠said ⁠in a statement it was increasing its EFS to 20% as of October 12, and that it would continue to review the surcharge regularly.


IMF Reaches Staff Deal with Pakistan, Potentially Unlocking $1.2 Bn

FILE - The logo of the International Monetary Fund is visible on its building, April 5, 2021, in Washington. (AP Photo/Andrew Harnik, File)
FILE - The logo of the International Monetary Fund is visible on its building, April 5, 2021, in Washington. (AP Photo/Andrew Harnik, File)
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IMF Reaches Staff Deal with Pakistan, Potentially Unlocking $1.2 Bn

FILE - The logo of the International Monetary Fund is visible on its building, April 5, 2021, in Washington. (AP Photo/Andrew Harnik, File)
FILE - The logo of the International Monetary Fund is visible on its building, April 5, 2021, in Washington. (AP Photo/Andrew Harnik, File)

The International Monetary Fund has reached a staff-level agreement with Pakistan on reviews of some of its lending programs, potentially unlocking about $1.21 billion in financing pending board approval, the fund said on Wednesday.

If the board approves the deal, Pakistan could access about $1 billion under the ⁠Extended Fund Facility ⁠and $210 million under the climate-focused Resilience and Sustainability Facility, bringing total disbursements under the two programs to around $5.7 billion.

Pakistan remains reliant on external financing to bolster foreign ⁠exchange reserves and meet debt repayments.

"Supported by the EFF, the authorities have successfully navigated the impact of the Middle East conflict, and strong policies have helped preserve macroeconomic stability," Reuters quoted the fund as saying.

Risks remain elevated, however, due to geopolitical tensions, volatile energy prices, tighter global financial conditions ⁠and ⁠trade disruptions, the IMF said.

Pakistan is the most vulnerable major Asia-Pacific economy to a prolonged Middle East conflict, given its dependence on Gulf energy imports, remittances and financing support from the region, Ahmad Mobeen, principal economist at S&P Global Market Intelligence, said earlier this year.


Taiwan’s Foreign Minister Welcomes Partnership with Saudi Arabia to Support Vision 2030 and High-Tech Industries

Taiwanese Minister of Foreign Affairs Lin Chia-lung (X)
Taiwanese Minister of Foreign Affairs Lin Chia-lung (X)
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Taiwan’s Foreign Minister Welcomes Partnership with Saudi Arabia to Support Vision 2030 and High-Tech Industries

Taiwanese Minister of Foreign Affairs Lin Chia-lung (X)
Taiwanese Minister of Foreign Affairs Lin Chia-lung (X)

Taiwanese Minister of Foreign Affairs Lin Chia-lung emphasized that Taiwan attaches great importance to fostering strong economic and investment partnerships with Saudi Arabia and the broader Middle East.

He praised major regional development initiatives, led by Saudi Arabia's Vision 2030, and renewed Taiwan’s readiness to deploy its technological capabilities and resources to foster sustainable cooperation in advanced industries.

Lin made his remarks in response to questions posed by Asharq Al-Awsat newspaper, which covered prospects for economic and technological collaboration, investment opportunities under Vision 2030, Taiwan’s economic performance, as well as its position on regional geopolitical challenges and global energy security.

The Taiwanese Foreign Minister during the opening of a new Taiwan office in the city of Phoenix, Arizona (X)

Economic Cooperation with Saudi Arabia & Vision 2030

In response to a question regarding economic, industrial, and technological ties with the Kingdom, Lin highlighted the global transition from traditional oil-based economies toward digital technology, semiconductors, and artificial intelligence (AI).

"We are aware that Saudi Arabia is actively pushing forward with Vision 2030 and transitioning toward modern technologies. We believe Taiwan is the ideal partner for Middle Eastern nations in these sectors," Lin stated.

Addressing future investment plans, Lin noted: "We are currently looking for partner countries in the Middle East that are willing to engage in normal exchanges and interactions with us.”

“Whenever such engagement is established, we stand fully prepared to invest and allocate our resources—whether in Saudi Arabia, Oman, Qatar, or other friendly nations that maintain strong relations with our international allies,” he added.

Robust Economic Performance and Market Growth

Regarding Taiwan’s economic trajectory and challenges, Lin strong growth indicators, noting that Taiwan’s economy grew by 8.68% last year, with projections expected to exceed 11% this year, fueled by technological innovation and surging global demand for semiconductors and AI technology.

The minister further pointed out that Taiwan’s stock exchange has become the fourth largest in the world, outperforming major G7 economies such as France, the UK, and Italy.

In the semiconductor sector, he noted that major Taiwanese tech firms (such as TSMC) have secured orders stretching over the next five years, exceeding their current manufacturing capacity.

FILE - A worker walks past the logo of TSMC or Taiwan Semiconductor Manufacturing Corp., a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on Jan. 29, 2026. (AP Photo/Daniel Ceng, File)

Middle East Crises and Energy Security

Addressing questions regarding regional instability and energy supply routes through the Strait of Hormuz, Lin acknowledged that Middle Eastern conflicts affect Taiwan due to its reliance on imported energy.

However, he emphasized that Taiwan has taken proactive measures to diversify its energy sources by increasing purchases and investments from the United States and Australia, while expanding domestic investments in renewable energy to safeguard national energy security.

Lin reiterated that Taiwan has built significant resilience in risk management amidst geopolitical challenges, expressing the country’s eagerness to share these experiences and forge robust economic bonds with partners around the world.