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Microsoft CEO Highlights Importance of AI to Boost Economic Development in Saudi Arabia

Microsoft CEO and Chairman Satya Nadella has highlighted the importance of artificial-intelligence (AI) technologies to support economic development in Saudi Arabia. SPA
Microsoft CEO and Chairman Satya Nadella has highlighted the importance of artificial-intelligence (AI) technologies to support economic development in Saudi Arabia. SPA
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Microsoft CEO Highlights Importance of AI to Boost Economic Development in Saudi Arabia

Microsoft CEO and Chairman Satya Nadella has highlighted the importance of artificial-intelligence (AI) technologies to support economic development in Saudi Arabia. SPA
Microsoft CEO and Chairman Satya Nadella has highlighted the importance of artificial-intelligence (AI) technologies to support economic development in Saudi Arabia. SPA

Microsoft CEO and Chairman Satya Nadella has highlighted the importance of artificial-intelligence (AI) technologies to support economic development in Saudi Arabia in a speech at the Riyadh event “Artificial Intelligence, A New Era.”

At the event, Nadella met on Wednesday with pioneering local business leaders, government officials, and a leading group of technical developers, reiterating the significant role played by AI in providing new opportunities to enhance the digital economy in the Kingdom, ensuring the improvement of citizens' quality of life in alignment with the objectives of the Kingdom’s Vision 2030.

Nadella said in a statement that the new AI generation will radically transform the level of individuals’ productivity and boost innovation in institutions and business sectors at the global and local levels, including the Kingdom.

Nadella praised Saudi institutions' efforts on the levels of the government and private sector in devoting these technologies to motivate innovation and provide multiple opportunities to strengthen economic development.

During the event, a discussion was held between the Minister of Communications and Information Technology, Eng. Abdullah bin Amer Al-Swaha, and the Microsoft CEO about strategies of employing the latest AI innovations. The discussion aimed to fast-track the Kingdom’s vision for its transformation into a digital society that involves a digital government and a prosperous digital economy and support an innovative future that embraces the interest of everyone without exception.

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Apple Airlifted iPhones Worth a Record $2 Billion from India in March as Trump Tariffs Loomed

A man walks past a poster of an Apple iPhone 16 at a store in Denpasar on Indonesia's resort island of Bali on April 12, 2025. (AFP)
A man walks past a poster of an Apple iPhone 16 at a store in Denpasar on Indonesia's resort island of Bali on April 12, 2025. (AFP)
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Apple Airlifted iPhones Worth a Record $2 Billion from India in March as Trump Tariffs Loomed

A man walks past a poster of an Apple iPhone 16 at a store in Denpasar on Indonesia's resort island of Bali on April 12, 2025. (AFP)
A man walks past a poster of an Apple iPhone 16 at a store in Denpasar on Indonesia's resort island of Bali on April 12, 2025. (AFP)

Apple's main India suppliers Foxconn and Tata shipped nearly $2 billion worth of iPhones to the United States in March, an all-time high, as the US company airlifted devices to bypass President Donald Trump's impending tariffs, customs data shows.

The smartphone maker stepped up production in India and chartered cargo flights to ferry 600 tons of iPhones to the United States to ensure sufficient inventory in one of its biggest markets on concern Trump's tariffs would push up costs.

In April, the US administration imposed 26% duties on imports from India, much lower than the more than 100% China was facing at the time. Trump has since paused most duties, except for China for three months.

Foxconn, Apple's main India supplier, exported smartphones worth $1.31 billion in March, its highest ever for a single month and equal to shipments for January and February combined, according to commercially available customs data reviewed by Reuters.

This included Apple iPhone 13, 14, 16 and 16e models, and took Foxconn's total shipments from India to the United States this year to $5.3 billion.

Exports from Tata Electronics, another Apple supplier, stood at $612 million in March, around 63% higher than the previous month, and included iPhone 15 and 16 models.

Apple, Foxconn and Tata did not immediately respond to requests for comment. Reuters is the first to report the shipment details.

Customs data showed all Foxconn shipments to the United States in March were by air from the Chennai Air Cargo terminal, and landed at various locations, including Los Angeles and New York, with Chicago receiving the majority.

Trump later granted exclusions from steep tariffs on smartphones and some other electronics imported largely from China, but later indicated that those exemptions will likely be short-lived.

To expedite shipments, Apple lobbied Indian airport authorities to cut the time needed to clear customs at Chennai airport in the southern state of Tamil Nadu, to six hours down from 30 hours.

At least six cargo jets were used in the operation which one source described was a way to "beat the tariffs".