Saudi Arabia Reshapes the Future of the Digital Economy Through Advanced Digital Infrastructure, Global Partnerships

File photo of the Saudi capital Riyadh - File/AAWSAT
File photo of the Saudi capital Riyadh - File/AAWSAT
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Saudi Arabia Reshapes the Future of the Digital Economy Through Advanced Digital Infrastructure, Global Partnerships

File photo of the Saudi capital Riyadh - File/AAWSAT
File photo of the Saudi capital Riyadh - File/AAWSAT

Saudi Arabia has leveraged its advanced digital infrastructure and partnerships with leading global technology companies to establish its position as a global hub for artificial intelligence investment, underpinned by competitive advantages that include reliable energy, vast land availability, and a strategic geographic location.

The Kingdom has made rapid strides in the data center sector, with capacity increasing from 68 MW in 2021 to more than 467 MW in the first quarter of 2026, supported by investments exceeding SAR56.2 billion in data centers and digital infrastructure. The sector has grown more than sixfold since the launch of Saudi Vision 2030, as part of a national data and AI strategy that contributes to economic diversification and strengthens the Kingdom’s readiness for the knowledge economy.

Saudi Arabia has further strengthened its position as a global destination for technology investment by attracting some of the world’s largest cloud service providers. The Kingdom hosts operations for Oracle, Alibaba Cloud, and Google Cloud, alongside an SAR11 billion strategic partnership between HUMAIN and Blackstone, reflecting growing global confidence in Saudi Arabia’s digital investment environment, SPA reported.

This investment appeal is underpinned by a comprehensive set of competitive advantages, including abundant energy resources, extensive land available for data center expansion, and a geographic location connecting Asia, Africa, and Europe, positioning the Kingdom second globally in data center market attractiveness.

Saudi Arabia’s leadership has extended to helping shape the future of the global digital economy. As one of the leading G20 countries in the communications and technology sector, the Kingdom led G20 consensus on a roadmap for defining and measuring the digital economy and the adoption of human-centered, trustworthy AI principles. It also contributed to transforming the Digital Economy Task Force into a permanent working group, reinforcing its role as an international partner in advancing digital policies and strengthening global cooperation in technology.

As part of its efforts to bridge the global digital divide, the Kingdom has led pioneering initiatives, including a 5G trial using High-Altitude Platform Systems (HAPS), which demonstrated the ability to cover nearly half a million square kilometers in remote areas. Saudi Arabia also conducted the first-of-its-kind trial integrating non-terrestrial networks (NTN) with terrestrial networks, offering a future solution for expanding connectivity and accelerating access for unconnected communities.

These achievements have been reflected in the Kingdom’s performance across international indicators. Saudi Arabia ranked first globally twice in the International Telecommunication Union’s (ITU) 2026 ICT Development Index, outperforming 159 countries, reflecting the strength of its integrated digital infrastructure, widespread connectivity, and high levels of digital adoption. The Kingdom also ranked second among G20 countries in the ITU’s ICT Regulatory Tracker and second among G20 countries in digital competitiveness according to the European Center for Digital Competitiveness, while digital infrastructure coverage reached approximately 99% of the Kingdom’s population.

Saudi Arabia has continued to strengthen its standing across global AI indices, ranking first in the Arab world and 14th globally in the Global AI Index. The Kingdom also ranked first globally in AI security, privacy, and encryption; first in women’s empowerment in AI; third globally in the development of advanced AI models; and third in the share of specialized AI talent, while recording the world’s highest growth rate in specialized talent. It also ranked fourth globally in attracting international talent.

The impact of this progress has extended to empowering people and improving quality of life. Saudi Arabia launched the world’s largest virtual hospital, leveraging artificial intelligence technologies to deliver advanced healthcare services. The Kingdom has also made significant strides in empowering women in the technology sector, with their participation rising from 7% to 35%, surpassing the averages of both the G20 and the European Union. This reflects the success of investing in human capital alongside investment in digital infrastructure.

Saudi Arabia’s readiness has also received recognition from independent international institutions. JLL, as reported by Bloomberg, expects Riyadh to lead the growth of AI-related data centers in the Middle East, further underscoring the Kingdom’s growing position as one of the world’s leading destinations for investment in artificial intelligence and digital infrastructure.



Saudi Commerce Minister: Consumer Protection Law Guarantees Rights, Ensures Justice

The Saudi Cabinet meets in Riyadh on Tuesday. (SPA)
The Saudi Cabinet meets in Riyadh on Tuesday. (SPA)
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Saudi Commerce Minister: Consumer Protection Law Guarantees Rights, Ensures Justice

The Saudi Cabinet meets in Riyadh on Tuesday. (SPA)
The Saudi Cabinet meets in Riyadh on Tuesday. (SPA)

Saudi Minister of Commerce Dr. Majid Al-Kassabi stressed that the Cabinet's approval of the Consumer Protection Law on Tuesday is a significant legislative step toward strengthening consumer rights in the Kingdom.

The step establishes clear regulatory guarantees, regulating the relationship between consumers and commercial establishments, and promoting fair trade practices, he added.

Al-Kassabi explained that this is the first comprehensive consumer protection law in Saudi Arabia, integrating the jurisdictions of more than 20 government entities in its implementation to boost oversight efficiency and strengthen the protection of consumer rights.

He noted that the law includes provisions regulating contracts and compensation for damages, as well as protecting the most vulnerable groups, including children, the elderly, and persons with disabilities. It also includes measures to curb abnormal price increases during crises and extraordinary circumstances, which helps ensure market stability.

The law will take effect 180 days after its publication in the Official Gazette. It will replace the Anti-Commercial Fraud Law, the E-Commerce Law, and the Commercial Data Law.

Protection against abnormal price increases

The law established exceptional measures to protect against abnormal price increases during extraordinary circumstances, crises, and pandemics, including price fixing, setting a cap on profit margins, and obtaining prior approval from the competent authority before raising prices.

The Ministry of Commerce said the law addresses commercial practices that influence consumer decisions, such as imposing burdensome restrictions, threatening or coercing consumers, or charging them fees for using a specific payment method.

The ministry added that the law prohibits misleading practices or attempts to engage in them, including providing false information that leads to deception, concealing relevant information, presenting it ambiguously, or offering adulterated products with the intent of supplying them to consumers.

Enabling consumers to compare products and services

The law permits comparative advertising among economic operators to help consumers compare products and services fairly and transparently. It also strengthens consumer protection for off-premises contracts by subjecting them to safeguards similar to those applied in e-commerce.

The ministry noted that the law established special provisions to protect the most vulnerable groups and prohibited advertisements directed at children from containing any messages that could be harmful to them.

The law imposes strict penalties on violators, including fines of up to 8 million riyals ($2.1 million), prison sentences of up to two years, suspension of business activities, seizure of non-compliant products, and the publication of consumer warnings. It also introduces streamlined dispute resolution mechanisms for small claims to ensure swifter access to justice.


Oil Rebounds as Hormuz Shipping Attacks Blunt Hopes for Iran Truce

Oil storage tanks and facilities of a Sinopec plant in Shanghai, China, March 26, 2026. (Reuters)
Oil storage tanks and facilities of a Sinopec plant in Shanghai, China, March 26, 2026. (Reuters)
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Oil Rebounds as Hormuz Shipping Attacks Blunt Hopes for Iran Truce

Oil storage tanks and facilities of a Sinopec plant in Shanghai, China, March 26, 2026. (Reuters)
Oil storage tanks and facilities of a Sinopec plant in Shanghai, China, March 26, 2026. (Reuters)

Oil prices rose on Wednesday from the previous session's two-month lows, as the market swung between hopes for a de-escalation in the US-Israeli war on Iran and concerns about attacks on shipping in the Strait of Hormuz.

Also on Wednesday, a regional governor said a drone attack caused a fire in the port area of Ust-Luga by the Baltic Sea in northwest Russia, injuring three workers.

Brent futures climbed $1.04, or 1.1%, to $92.53 a barrel at 0420 GMT. US ‌West Texas Intermediate ‌crude rose 67 cents, or 0.8%, to $86.71.

Recent data showed little ‌sign ⁠of fewer attacks ⁠in November, after 37 ships were attacked in October, the highest monthly total since the start of the Middle East war, according to data from the Washington Institute for Near East Policy.

"There has been an increase of vessel attacks in the Gulf shipping lanes amidst uncertainty of the diplomacy talks," said June Goh, senior analyst at Sparta Commodities.

"With the US midterms well over and more crude flows out of the Middle East, there seems ⁠to be more bearish tones to the oil price."

She added that ‌the top driver for oil is the ‌extent to which Iran will come to the table with US demands to reach a diplomatic agreement.

A ‌tanker was struck northeast of Lima in Oman, the United Kingdom Maritime Trade ‌Operations agency said on Tuesday. Iran's Revolutionary Guards Navy said in a separate statement on Tuesday that two tankers caught fire after hitting naval mines on the "unauthorized route" in the strait.

"Even in the event a deal is struck, an increase in flows through the waterway would still depend ‌on mine clearance, insurance costs and whether or not shipowners would even be willing to take the risk," LSEG Oil Research ⁠said in a ⁠November 10 note.

In the previous session, oil prices initially fell by more than $3 a barrel after US officials downplayed the need for further military strikes against Iran, though some of the losses were clawed back after an Iranian security official said no talks were taking place between the two sides.

Meanwhile, US crude oil stocks rose in the latest completed week, market sources said, citing data from the American Petroleum Institute. Crude stocks rose by 9 million barrels for the week that ended on November 6, the sources said.

In Russia, oil refining capacity has been reduced by about 30% since late October following renewed Ukrainian drone attacks, industry sources said.

Russian and Ukrainian officials met in Abu Dhabi on Tuesday for their first peace talks since February as US President Donald Trump's envoys launched a fresh push to end the war.


Saudi Arabia, Türkiye Sign MoU on Cooperation in Electricity Projects

(From left to right) Saudi Minister of Energy and Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Turkish President Recep Tayyip Erdogan and Turkish Minister of Energy and Natural Resources Alparslan Bayraktar at the signing ceremony on Tuesday. (SPA)
(From left to right) Saudi Minister of Energy and Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Turkish President Recep Tayyip Erdogan and Turkish Minister of Energy and Natural Resources Alparslan Bayraktar at the signing ceremony on Tuesday. (SPA)
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Saudi Arabia, Türkiye Sign MoU on Cooperation in Electricity Projects

(From left to right) Saudi Minister of Energy and Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Turkish President Recep Tayyip Erdogan and Turkish Minister of Energy and Natural Resources Alparslan Bayraktar at the signing ceremony on Tuesday. (SPA)
(From left to right) Saudi Minister of Energy and Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Turkish President Recep Tayyip Erdogan and Turkish Minister of Energy and Natural Resources Alparslan Bayraktar at the signing ceremony on Tuesday. (SPA)

Saudi Arabia and Türkiye signed on Tuesday a Memorandum of Understanding on Cooperation in Electricity Projects.

It was signed by Saudi Minister of Energy and Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman bin Abdulaziz Al Saud and Turkish Minister of Energy and Natural Resources Alparslan Bayraktar on the sidelines of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31) in Antalya. Turkish President Recep Tayyip Erdogan oversaw the signing ceremony.

The MoU builds on the Agreement between the Saudi and Turkish governments on Cooperation in the Field of Renewable Energy, signed on February 3 and that entered into force on October 21.

The Agreement provides for the development of renewable energy projects with a total installed capacity of 5,000 MWe in two phases, to be implemented by ACWA Power, the investor company designated by the Kingdom of Saudi Arabia. The first phase envisages 2,000 MWe, while the second phase envisages an additional 3,000 MWe of renewable energy capacity.

Progress has been achieved in the implementation of the first-phase projects, while efforts towards the realization of the second-phase projects have reached an advanced stage.

The second phase envisages the development of wind power plants, supported by high-voltage direct current (HVDC) transmission infrastructure and battery energy storage systems.

These investments are expected to contribute to strengthening Türkiye’s renewable energy capacity, enhancing grid infrastructure and flexibility, and further deepening the strategic energy and investment partnership between Riyadh and Ankara.