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Saudi Arabia to Hold First Drone and AI Exhibition on Monday

Saudi Arabia to Hold First Drone and AI Exhibition on Monday
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Saudi Arabia to Hold First Drone and AI Exhibition on Monday

Saudi Arabia to Hold First Drone and AI Exhibition on Monday

The inaugural Saudi Arabia AI and Drones Exhibition and Forum (SAADEF) will be in Riyadh held on Monday.

Organized by the Saudi Ministry of Environment, Water, and Agriculture, it will be held under the theme "Integration of Drones and Artificial Intelligence".

Supported by the Fédération Aéronautique Internationale, the three-day event will showcase the rapid advances in drone and AI applications in the agricultural sector. It will bring together top exhibitors, investors, and global experts.

SAADEF aims to support Saudi Arabia's Vision 2030 by advancing economic diversification and promoting sustainability through innovative technology.

As one of the first exhibitions of its kind in the region, SAADEF represents a milestone in promoting and marketing drone investment in agriculture, further positioning the Kingdom as a regional leader in this high-growth field.

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Apple's iPhone Sales Capture Top Spot in Chinese Market in May, Counterpoint Research Says

FILE PHOTO: Signage is seen at the Apple Fifth Avenue store for the release of the Apple iPhone 14 range in Manhattan, New York City, US, September 16, 2022. REUTERS/Andrew Kelly/File Photo
FILE PHOTO: Signage is seen at the Apple Fifth Avenue store for the release of the Apple iPhone 14 range in Manhattan, New York City, US, September 16, 2022. REUTERS/Andrew Kelly/File Photo
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Apple's iPhone Sales Capture Top Spot in Chinese Market in May, Counterpoint Research Says

FILE PHOTO: Signage is seen at the Apple Fifth Avenue store for the release of the Apple iPhone 14 range in Manhattan, New York City, US, September 16, 2022. REUTERS/Andrew Kelly/File Photo
FILE PHOTO: Signage is seen at the Apple Fifth Avenue store for the release of the Apple iPhone 14 range in Manhattan, New York City, US, September 16, 2022. REUTERS/Andrew Kelly/File Photo

Apple's iPhone sales rose to the top spot in China in May, with global sales growing 15% year-on-year during April and May in the tech giant's strongest performance for the two-month period since the COVID-19 pandemic, data from Counterpoint Research showed.

The increase in global sales was primarily driven by a return to growth in Apple's two largest markets, China and the United States, preliminary data from Counterpoint Research showed.

The company was aided in part by tariff dodgers and also saw double-digit increases in Japan, India and the Middle Eastern markets, Reuters quoted Counterpoint as saying.

"Q2 iPhone performance looks promising at the moment, but as always, swings either way are dictated by two markets - the US and China," Ivan Lam, Senior Analyst at Counterpoint Research said.

Calculations based on data from the government-affiliated China Academy of Information and Communications Technology showed that April shipments of foreign-branded phones in China rose to 3.52 million units from 3.50 million a year earlier.

Apple has faced increased competition from domestic rivals in China and has resorted to price cuts to stay competitive.

Chinese e-commerce platforms were offering discounts of up to 2,530 yuan ($351) on Apple's latest iPhone 16 models in May.