Saudi Communications Minister Meets Leaders of Major Korean Companies

Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha meets with leaders from major technology, space, and innovation companies during his visit to South Korea. (SPA)
Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha meets with leaders from major technology, space, and innovation companies during his visit to South Korea. (SPA)
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Saudi Communications Minister Meets Leaders of Major Korean Companies

Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha meets with leaders from major technology, space, and innovation companies during his visit to South Korea. (SPA)
Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha meets with leaders from major technology, space, and innovation companies during his visit to South Korea. (SPA)

Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha met with leaders from major technology, space, and innovation companies during his visit to South Korea, reported the Saudi Press Agency on Friday.

During a meeting with President of Korean Aerospace Industries Company Kang Goo-young, Al-Swaha and a delegation representing relevant authorities discussed strengthening Saudi Arabia's space capabilities and forming partnerships in the areas of advanced technologies, satellite development, systems integration, and space services.

The minister met with the leaders of NAVER company to expand their partnership in advanced technical solutions based on data and artificial intelligence.

The partnership aims to boost the systems and services for innovative business models for emerging Saudi companies. During the visit, the minister also met with Samsung and several venture capital investors and investment funds.



Germany Says Aims to be World Leader in Quantum Technologies

German Chancellor Olaf Scholz stands next to a Quantum system during the inauguration of IBM's quantum data center at the IBM Campus in Ehningen, southern Germany, on October 1, 2024. (Photo by SILAS STEIN / AFP)
German Chancellor Olaf Scholz stands next to a Quantum system during the inauguration of IBM's quantum data center at the IBM Campus in Ehningen, southern Germany, on October 1, 2024. (Photo by SILAS STEIN / AFP)
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Germany Says Aims to be World Leader in Quantum Technologies

German Chancellor Olaf Scholz stands next to a Quantum system during the inauguration of IBM's quantum data center at the IBM Campus in Ehningen, southern Germany, on October 1, 2024. (Photo by SILAS STEIN / AFP)
German Chancellor Olaf Scholz stands next to a Quantum system during the inauguration of IBM's quantum data center at the IBM Campus in Ehningen, southern Germany, on October 1, 2024. (Photo by SILAS STEIN / AFP)

German Chancellor Olaf Scholz vowed to support the development of quantum technologies, saying at the opening of an IBM data center on Tuesday that investment in the sector was crucial for the future of Europe's biggest economy.

"Our goal is clear: to be global leader in quantum technologies," said Scholz, adding Germany had invested 2 billion euros ($2.22 billion) on quantum technology since 2020.

"This is the basis of our economic success and prosperity," he said at the opening of IBM's Quantum European Data Center in Ehningen, a roughly 290-million-euro investment. The center will allow users in Europe and elsewhere to access services for cloud-based quantum computing research, Reuters reported.

Quantum computers could operate millions of times faster than advanced supercomputers. So far, the United States and China have led the technology.

Other projects in Germany include the joint development of quantum processors by Infineon and eleQtron GmbH.
Scholz said Germany was focused on semiconductors, AI, pharmaceuticals and bio- and climate technologies.
"These are the areas we need to lead," said Scholz.