Al-Swaha Reviews Latest Strategic Plans for Digital, Innovative Projects in NEOM

The Saudi Minister of Communications and Information Technology, Eng. Abdullah bin Amer Al-Swaha, has toured NEOM. SPA
The Saudi Minister of Communications and Information Technology, Eng. Abdullah bin Amer Al-Swaha, has toured NEOM. SPA
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Al-Swaha Reviews Latest Strategic Plans for Digital, Innovative Projects in NEOM

The Saudi Minister of Communications and Information Technology, Eng. Abdullah bin Amer Al-Swaha, has toured NEOM. SPA
The Saudi Minister of Communications and Information Technology, Eng. Abdullah bin Amer Al-Swaha, has toured NEOM. SPA

The Saudi Minister of Communications and Information Technology, Eng. Abdullah bin Amer Al-Swaha, has toured NEOM to review the progress of strategic plans and innovative digital projects aimed at building the Kingdom's city of the future, a statement said.

During the tour, Al-Swaha met with NEOM's Chief Executive Officer, Eng. Nadhmi Al-Nasr and the senior executive team at Tonomus, the statement issued by the Ministry of Communications and Information Technology said.

Tonomus, a subsidiary of NEOM, is responsible for delivering cutting-edge digital infrastructure and developing cognitive solutions for NEOM and its subsidiaries. Tonomus executives briefed Al-Swaha on the projects' progress and outlined future plans for deploying digital technologies at NEOM, within the Kingdom, across the region, and globally.

Al-Swaha emphasized that under the leadership of Crown Prince Mohammed bin Salman, the Kingdom is accelerating towards a more prosperous future through innovative projects designed to empower future generations.

As part of the tour, the minister visited NEOM's Command Center and the Tonomus Innovation Hub. He also met with students participating in NEOM's scholarship program, highlighting their crucial role in the growth of Saudi Arabia's digital economy, research and development, and innovation ecosystem. The minister noted their significant contribution to strengthening the Kingdom's global competitiveness in these areas.



Saudi Finance Minister: Int’l Institutions Need Unified Standards for Measuring National Income  

Saudi Minister of Finance Mohammed Al-Jadaan during a panel discussion at Davos. (Davos) 
Saudi Minister of Finance Mohammed Al-Jadaan during a panel discussion at Davos. (Davos) 
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Saudi Finance Minister: Int’l Institutions Need Unified Standards for Measuring National Income  

Saudi Minister of Finance Mohammed Al-Jadaan during a panel discussion at Davos. (Davos) 
Saudi Minister of Finance Mohammed Al-Jadaan during a panel discussion at Davos. (Davos) 

Saudi Minister of Finance Mohammed Al-Jadaan has called for the development of methods to measure gross national income (GNI) that better reflect the true realities of economies, especially in emerging countries.

During a panel discussion at the World Economic Forum in Davos, titled “New Approaches to Measuring GDP Growth,” Al-Jadaan emphasized the need for international institutions to adopt unified and robust standards for measuring national income.

He noted that achieving this objective requires designing collaborative programs with various countries to enhance data accuracy and analyze it in a more comprehensive manner.

The minister pointed out that traditional methods for measuring GDP might no longer suffice in the current global context, urging the adoption of new tools and standards capable of measuring economic growth in line with the rapid global changes.

Al-Jadaan stressed that improving measurement mechanisms would boost the efficiency of international institutions in providing support and advice, foster sustainable development in emerging economies, and contribute to achieving economic equity on a global scale.