US, China Gear Up for Mid-September AI Safety Talks

A man stands next to a poster of a humanoid robot during the China International Supply Chain Expo (CISCE) in Beijing on June 25, 2026. (AFP)
A man stands next to a poster of a humanoid robot during the China International Supply Chain Expo (CISCE) in Beijing on June 25, 2026. (AFP)
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US, China Gear Up for Mid-September AI Safety Talks

A man stands next to a poster of a humanoid robot during the China International Supply Chain Expo (CISCE) in Beijing on June 25, 2026. (AFP)
A man stands next to a poster of a humanoid robot during the China International Supply Chain Expo (CISCE) in Beijing on June 25, 2026. (AFP)

The US and China are gearing up to discuss AI safety risks during a dialogue planned for mid-September, two sources briefed on the discussions told Reuters, as rapidly advancing frontier AI capabilities reach a global tipping point.

The talks, the first official bilateral discussions devoted exclusively to AI between the US and China since US President Donald Trump took office for a second time, will be led by US Treasury Secretary Scott Bessent on the US side, the sources, who were briefed on the planning, said on condition of anonymity.

Reuters is reporting the tentative mid-September period for the first time. A White House official said “there is currently no planned AI-related meeting in mid-September.”

Trump and Chinese President Xi Jinping are due to meet on September 24 during a summit in Washington.

The US wants to discuss cooperation on monitoring AI-directed cyberattacks, and has floated a proposal to ask US and Chinese AI labs to “police themselves” and share information to prevent AI-linked cyberattacks, one of the sources said on condition of anonymity.

Nearly 700 rogue AI agents built on OpenAI models hacked AI startup Hugging Face in July and attempted to cover their tracks by forging logs, OpenAI and cybersecurity researchers said last week, underscoring the risks of coordinated agent swarms acting autonomously for months undetected by humans.

A swarm of rogue OpenAI agents hijacked a German website this spring and transformed it into a bulletin board for other AI agents, Reuters exclusively reported on Friday.

“The talks between the two AI superpowers are ⁠coming at the most critical juncture,” said Paul Triolo, a partner at DGA-Albright Stonebridge Group. “It is now or never.”

Washington is also worried about the potential for a future Chinese Mythos-level model with capabilities to conduct cyberattacks, and wants to bring up alleged Chinese distillation of proprietary US AI models, the source said.

US tech firm Anthropic is the developer of Mythos.

In June, top White House science and tech advisor Michael Kratsios accused China's Moonshot AI of stealing from Anthropic's AI model Fable to help create its K3 release, saying the Chinese company distilled Anthropic's model.

Distillation is the process of training smaller AI models using output from larger, more expensive ones as part of an effort to lower the costs of training a powerful new AI tool.

Reuters is reporting details of the upcoming talks' proposed agenda for the first time.

On the Chinese side, the talks could be led by Vice Premier He Lifeng, Bessent's protocol counterpart, but alternatives such as China's No 7 official Ding Xuexiang may be considered, according to the second source, who also spoke on condition of anonymity.

Ding, a confidant of Xi and a member of the ruling Communist Party's powerful seven-person Politburo Standing Committee, coordinates China's technology, AI and semiconductor policies.

Reuters could not determine the location or identity of other participants, though Kratsios and China's science and technology minister, Yin Hejun, could attend the talks, the second source added.

The final agenda and participants remain in flux, the sources cautioned.

The White House declined to comment on the AI talks. The State Department did not respond to a request for comment. China's foreign, science and industry ministries, as well as the National Development and Reform Commission and cyberspace regulator, did not immediately respond to requests for comment.

On Tuesday, Kratsios told reporters ⁠in North Carolina that he had a “great” meeting with Yin on the sidelines of a G20 innovation summit in the US this week. Bessent said he had “limited” exchanges on AI with Chinese officials at this week's G20 finance meeting.

The US urged G20 members to take a hands-off approach to AI regulation and avoid creating rules for the technology at the same innovation summit. China signed the Carolina Principles, an agreement aimed at discouraging the development of AI-specific regulations, in a rare show of tech alignment with the US.

Kratsios' office did not immediately respond to a request for comment.

Chinese officials have repeatedly stressed the importance of the AI talks in preparatory meetings with US counterparts, and view them as a major deliverable of the US-China leaders' summit, according to the two sources and another one familiar with the matter. Reuters is reporting this development for the first time.

In the past week, China's cyberspace regulator publicly warned about “extreme AI loss ⁠of control risks” and a state media-affiliated blog criticized Anthropic, emphasizing that any limits on frontier AI should apply equally to Chinese and US models. Chinese firms have in recent months unveiled what they describe as Mythos-like products.

Former Microsoft executive Craig Mundie has emerged as an important go-between behind the scenes, sounding out Chinese counterparts on US proposals for the AI dialogue, the source said. Mundie is co-chair of the unofficial US-China Track II AI dialogue channel.

Reuters reported last month that Microsoft had cultivated a relationship with Beijing that was among the deepest of any foreign technology company operating in China.

Both sides also discussed AI guardrails at ⁠a Track 1.5 dialogue in Beijing last week, former Australian Prime Minister Kevin Rudd, a participant, wrote on social media.

In June, Trump signed an AI executive order setting up a voluntary framework for pre-release cybersecurity reviews of frontier AI models, but the US has not released the criteria for these reviews.

Meanwhile, employees at top US AI labs including Anthropic and OpenAI have called for “pacing the frontier” to manage the global risks of advanced AI.

“The Chinese side has expressed concern around whether the US has sufficient regulation around the most advanced AI models. Both sides are motivated ⁠to make sure they can manage a cross-border crisis effectively,” said Scott Singer, co-director of the China AI Initiative at the Carnegie Endowment for International Peace.

While outcomes are likely to be limited, opening a channel where both sides could share observations and jointly monitor AI safety incidents would be an important starting point, said Samm Sacks, a senior fellow at New America, a US policy think tank.

“We are at a tipping point where frontier agents can cause massive damage when unmonitored. Both the US and China are vulnerable. This is beyond geopolitical rivalry,” Sacks added.

“The US and China have to come together in some form, or we're both going to lose.”



Saudi Arabia Leads G20 with 7.9% Growth Forecast in 2027

King Abdullah Financial District in Riyadh (Asharq Al-Awsat)
King Abdullah Financial District in Riyadh (Asharq Al-Awsat)
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Saudi Arabia Leads G20 with 7.9% Growth Forecast in 2027

King Abdullah Financial District in Riyadh (Asharq Al-Awsat)
King Abdullah Financial District in Riyadh (Asharq Al-Awsat)

Saudi Arabia is projected to lead the G20 countries in economic growth forecasts for 2027, according to International Monetary Fund (IMF) estimates. The IMF projects the Kingdom's real GDP to grow by 7.9 percent, the highest rate among the group's economies, as shown in data published by the Saudi Ministry of Investment.

The Fund had previously raised its projections for the Kingdom's real GDP growth to 7.9 percent, compared to 5.5 percent in its July estimates, an increase of 2.4 percentage points.

This revision comes amid expectations of economic activity regaining momentum as regional conflict-related disruptions subside, and oil production and exports gradually return to normal levels.

India ranked second among G20 countries with a projected growth rate of 7 percent, followed by Indonesia at 5.1 percent, then China at 4 percent, and Türkiye at 3.6 percent, according to IMF data reviewed by the Ministry.

Argentina came in sixth with projected growth of 3.5 percent, followed by South Korea at 2.8 percent, then the United States at 2.3 percent. Projections for Brazil stood at 1.9 percent, Mexico at 1.8 percent, Canada at 1.7 percent, Australia at 1.6 percent, South Africa at 1.3 percent, and the United Kingdom at 1.2 percent.

Germany registered projected growth of 1.1 percent, Russia 0.9 percent, while projections for France and Japan were 0.7 percent each, with Italy coming in last at 0.6 percent.

Growth Forecasts Revised

In an assessment of the recovery path, the Fund noted that the diversification of Saudi energy export routes limits the Kingdom's vulnerability to geopolitical disruptions compared to some regional economies. This is due to the the East-West Pipeline's ability to divert some oil exports to Yanbu Port on the Red Sea, away from the Strait of Hormuz.

The IMF's estimates align with the World Bank's projections, which also raised its forecast for Saudi economic growth in 2027 to 7.9 percent, compared to 4.9 percent in its April estimates, while anticipating a 2 percent contraction in GDP during 2026.

Globally, the IMF expects the world economy to grow by 3.1 percent in 2026 before rising to 3.4 percent in 2027, placing Saudi Arabia's growth forecast at more than double the projected global rate for the coming year.

The Saudi Ministry of Investment said that the Kingdom’s leading growth outlook among G20 countries reflects the strength and resilience of its economy and opens up broader prospects for investment and growth.

This is supported by strong private-sector momentum and the expansion of non-oil activities, reinforcing the Kingdom’s shift toward a more diversified, sustainable, and investment-friendly economy.


Saudi Arabia to Host Global Water Innovation Conference in Jeddah

 Participants at a previous edition of the Innovation Driven Water Sustainability Conference. (Saudi Water Authority)
Participants at a previous edition of the Innovation Driven Water Sustainability Conference. (Saudi Water Authority)
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Saudi Arabia to Host Global Water Innovation Conference in Jeddah

 Participants at a previous edition of the Innovation Driven Water Sustainability Conference. (Saudi Water Authority)
Participants at a previous edition of the Innovation Driven Water Sustainability Conference. (Saudi Water Authority)

Saudi Arabia will host water industry experts from more than 140 countries in Jeddah from December 14 to 16 for a conference focused on harnessing innovation to tackle growing water security challenges.

Organized by the Saudi Water Authority, the Innovation Driven Water Sustainability Conference (IDWS 2026) is expected to draw more than 10,000 participants and 250 speakers, with an exhibition featuring over 150 international brands.

Bringing together researchers, investors, technology companies and water utility operators, the event aims to bridge the gap between scientific advances and the practical needs of the industry, helping promising solutions reach commercial markets.

Tariq Al-Ghafari, the authority’s vice president for research and emerging water technologies, described the conference as an opportunity to connect new technologies with financing and operational expertise, paving the way for wider adoption.

The gathering comes as pressure on water resources intensifies, creating growing demand for investment in infrastructure and technology.

The global market for water security and infrastructure management is estimated at $303.8 billion, while planned construction and engineering projects in the water and wastewater sectors exceed $1.2 trillion.

Meeting the UN Sustainable Development Goals for clean water and sanitation will require an additional $131 billion to $140 billion annually, highlighting the scale of investment needed to expand access and modernize infrastructure.

According to the World Health Organization and UNICEF, around 1.8 billion people live in households without water supplies on the premises.

Agriculture alone accounts for approximately 72% of global freshwater withdrawals, according to the UN Food and Agriculture Organization, underscoring the importance of improving efficiency in water-intensive sectors.

Against this backdrop, the conference will explore ways to expand treated wastewater reuse, promote circular economy practices and apply artificial intelligence, digital technologies and data analytics to water management.

Discussions will also examine how regulation, financing and workforce development can speed up the adoption of new technologies, while improving efficiency across the water cycle, from production and treatment to resource recovery.

The program includes the MiyahThon innovation competition, startup showcases and the fourth edition of the Global Prize for Innovation in Water.

These initiatives are designed to bring innovators together with investors and water operators, giving emerging technologies a clearer path from development to commercial deployment.

By connecting research with investment and industry needs, the conference aims to help turn promising ideas into practical solutions as countries seek more efficient, resilient and sustainable water infrastructure.


Arada Enters Saudi Property Market with $13.3 Billion Portfolio

The Saudi capital, Riyadh (SPA)
The Saudi capital, Riyadh (SPA)
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Arada Enters Saudi Property Market with $13.3 Billion Portfolio

The Saudi capital, Riyadh (SPA)
The Saudi capital, Riyadh (SPA)

Property developer Arada is entering Saudi Arabia through a partnership with local firm XTOPIA, gaining access to a SAR 50 billion ($13.3 billion) land and development portfolio as the Kingdom continues to attract international investment despite global economic uncertainty.

The new venture, Arada KSA, will launch its first project in Riyadh’s Al Rimal district, a SAR 14 billion residential development comprising around 3,500 villas and townhouses.

Arada KSA Chairman Mohammed AlDhabaan told Asharq Al-Awsat that the investment reflected long-term confidence in Saudi Arabia’s economic prospects, supported by Vision 2030 reforms, infrastructure development and growing housing demand.

The Kingdom’s clear economic policies, sustained reforms and improving investment environment provide the certainty needed for long-term commitments, he explained.

“Our investment in the Kingdom is not tied to temporary market conditions but rests on firm confidence in its future and the economic transformation driven by Vision 2030 with government support,” AlDhabaan said.

He described the Riyadh development as an investment in the future rather than simply a response to current demand, marking the beginning of a lasting commitment to the Saudi market.

Arada KSA Chairman Mohammed AlDhabaan (Asharq Al-Awsat)

Housing demand and prices

AlDhabaan expressed optimism about the sector’s prospects, citing population growth, the formation of new households, urban expansion and government initiatives to increase homeownership and improve quality of life.

The next phase of growth, he argued, would be measured not only by the number of homes built but also by developers’ ability to create communities that meet residents’ everyday needs.

Location, affordability, access to financing, infrastructure and confidence in developers would shape demand, while land and construction costs would remain key factors influencing prices.

“No single project can determine market prices. They are influenced by supply and demand, land and construction costs, and financing,” he noted.

“However, increasing supply, diversifying housing products and improving development efficiency can strengthen competition and give buyers more options.”

Developers that combine quality design and construction with integrated facilities and reliable delivery would have a competitive advantage, he added.

First project in Riyadh

Arada KSA’s inaugural development in northeastern Riyadh will feature approximately 3,500 villas and townhouses alongside educational, retail and sports facilities, a community center and green spaces incorporating around 100,000 trees.

The company will work with relevant government authorities to prepare a master plan aligned with the capital’s urban development requirements.

The project will be financed through an investment structure regulated by Saudi Arabia’s Capital Market Authority and managed by a licensed financial company. Construction and sales are scheduled to begin in 2027.

Design model for one of the company’s projects in Saudi Arabia (Asharq Al-Awsat)

Partnership and expansion

Established with XTOPIA, Arada KSA will have access to a 10 million-square-meter land portfolio across Riyadh, Jeddah and Makkah, providing opportunities for further residential developments in the coming years.

AlDhabaan, who also chairs XTOPIA, will lead the new company, bringing together Arada’s international experience in developing residential communities and its Saudi partner’s knowledge of the local market.

He believes the combination will allow the venture to build a lasting presence in the Kingdom while contributing to Vision 2030’s housing and quality-of-life objectives.

The Saudi expansion forms part of Arada’s broader international strategy. Its development portfolio is valued at approximately SAR 189 billion ($50.4 billion) across five markets: Saudi Arabia, the United Arab Emirates, the United Kingdom, Australia and Syria.

The company has more than 70,000 residential units in its portfolio, including around 17,000 already completed, according to its figures.

Green Riyadh initiative

The Al Rimal development also aligns with Saudi Arabia’s efforts to improve urban living standards and expand green spaces.

Through the Green Riyadh initiative, the Royal Commission for Riyadh City aims to plant 7.5 million trees across the capital and increase green space per resident from 1.7 square meters to 28 square meters by 2030.

Arada’s entry comes as local and international developers compete to meet rising housing demand and offer buyers a wider range of residential options.