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.



ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
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ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo

European Central Bank President Christine Lagarde plans to leave her job before next year's French presidential election to allow Emmanuel Macron to have an input into picking her successor, the Financial Times reported on Wednesday.

Lagarde's term is due to end in October 2027 but some fear that the far right may win the French presidential race ‌in the spring of ‌2027, complicating the selection for the ‌new ⁠leader of Europe's most ⁠important financial institution.

Citing a person familiar with the matter, the FT said Lagarde has not yet decided on the exact timing of her departure but was keen on Macron and German Chancellor Friedrich Merz to be the key deciders in who succeeds her. Macron cannot run again for a third term.

"President Lagarde is ⁠totally focused on her mission and has not ‌taken any decision regarding the end ‌of her term," Reuters quoted an ECB spokesperson as saying.

The FT report comes only ‌a week after Bank of France Governor Francois Villeroy de Galhau ‌said he would step down in June this year, more than a year before the end of his term, allowing Macron to name his replacement before the presidential election that the far-right could win.

While it ‌will be up to all leaders from the 21-nation euro zone to pick Lagarde's successor, ⁠past practice ⁠suggests that any successful candidate must have both German and French support to clinch the role.

There are no formal candidates for the job yet but several names have been floating among ECB circles as potential ECB presidents. The most prominent among these are former Dutch central bank chief Klaas Knot and Bank for International Settlements General Manager Pablo Hernandez de Cos.

Lagarde's non-renewable term at the ECB runs until October 31, 2027. Prior to heading the ECB, she was managing director of the International Monetary Fund from 2011 to 2019 and before that, the French finance minister.


UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
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UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)

Britain's annual ‌rate of consumer price inflation fell to 3.0% in January from 3.4% in December, official figures showed on Wednesday.

A Reuters poll of economists had shown a median forecast of 3.0% in January and the Bank of England projected earlier this month that the headline measure of inflation would slow to ‌2.9%.

British inflation ‌has run higher than in ‌the ⁠United States and in ⁠the euro zone where it stood at 2.4% and 1.7% respectively in January.

But the BoE expects the pace of price rises to slow sharply to almost its 2% target in ⁠April as last year's rises ‌in utility costs and ‌other government-controlled tariffs fall out of ‌the annual comparison.

Investors expect the central bank ‌to cut its benchmark interest rate to 3.5% at its next meeting in March after a tight vote to keep borrowing costs ‌on hold in February although some policymakers remain worried about underlying ⁠inflation ⁠pressure.

Financial markets on Tuesday also priced a second quarter-point interest rate cut by the BoE by the end of in 2026.

ONS data last week painted a downbeat picture of Britain's economy at the end of 2025 with output barely growing. Figures released on Tuesday showed the labor market was still losing jobs although there were some signs of a stabilization.


Riyadh to Host Middle East’s Largest General Aviation Airshow in November 

The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
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Riyadh to Host Middle East’s Largest General Aviation Airshow in November 

The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)

The Saudi Aviation Club announced that it will organize the AERO Middle East x Sand & Fun 2026 in Riyadh from November 24 to 28, reported the Saudi Press Agency on Tuesday.

The event is set to be the largest of its kind for general aviation in the Middle East, combining international business, investment, and innovation with live flying displays and interactive public experiences. It is being held in partnership with Messe Frankfurt Saudi Arabia.

Held at Thumamah Airport, the exhibition will bring together leading global companies operating in the general aviation industry, including aircraft and components manufacturers, avionics and navigation systems providers, as well as maintenance, repair, and overhaul (MRO) companies, offering an integrated platform that covers the full value chain of the sector.

The event will also spotlight startups in advanced air mobility (AAM) and innovators of electric vertical take-off and landing (eVTOL) aircraft, showcasing technologies and business models shaping the future of aviation.

General Supervisor of the Saudi Aviation Club Dr. Ahmed Alfahaid stated that AERO Middle East x Sand & Fun 2026 represents a qualitative leap for the Kingdom’s aviation sector and reinforces its positioning as a global hub for general aviation and advanced air mobility.

The partnership with Messe Frankfurt Saudi Arabia goes beyond presenting global innovations to providing a vital platform for international investment and strategic collaboration, he stressed.

Moreover, the event contributes to achieving Saudi Vision 2030 objectives, including the Kingdom’s ambition to rank among the world’s top 10 general aviation markets, he added.