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  • Young Saudi paves way in tech, artificial intelligence

    His internship at Takamul Technologies in 2022 marked a pivotal moment in his career. Tasked with resolving a critical issue on the company’s website, he reduced the load time of the 3D section from a cumbersome 70MB to a lightning-fast 100KB. “This impressive feat earned me a part-time job offer from the CEO, a rare opportunity for an intern,” he said. “It was a confidence boost (to have) my abilities recognized in a professional setting.”

  • Saudi Arabia’s tech sector poised for $4 billion profit boost with GenAI by 2028

    By adopting and leveraging generative artificial intelligence (GenAI), Saudi Arabia’s technology sector could see an increase in operating profit of $4 billion by 2028. This projection comes from global consulting firm, Strategy& Middle East, which indicates that a 15% margin growth is achievable if technology companies develop and commercialize new GenAI applications and meet the demand for advanced hardware and infrastructure.

  • IMF: Financial and Regulatory Reform Agenda Contributed to Accelerating Saudi Economy’s Growth

    The IMF Article IV Consultation report commended the macroeconomic policies and transformational changes implemented by the Kingdom, which contributed to enhancing the growth of non-oil activities. The report also noted that Saudi reforms led to rising employment, which now exceeds pre-Covid figures, and that the rate of women's participation in the labor market rose to more than 35%, exceeding the Saudi Vision 2030 target of 30%.

  • Saudi Technology Sector Could See $4bn Surge from GenAI by 2028, Report Says

    An analysis by global consulting firm Strategy& Middle East has showed that Saudi technology sector could witness a surge in operating profit of SR15 billion ($4 billion) by 2028 with the adoption of generative artificial intelligence. The reports states that the Kingdom could achieve a 15 percentage point margin growth if tech companies satisfy the needs of advanced hardware and infrastructure and develop and commercialize new GenAI use cases.

  • IMF: Financial and Regulatory Reform Agenda Contributes to Accelerating Saudi Economy’s Growth

    The International Monetary Fund (IMF) issued a favourable report on the Kingdom of Saudi Arabia following the conclusion of the Article IV consultations with Saudi Arabia. The IMF report confirmed that Saudi Arabia's financial and regulatory reform agenda contributed to accelerating the Saudi economy's growth, containing inflation, and reducing the unemployment rate to its lowest levels ever. The IMF praised the ongoing economic transformation and efforts to diversify the economy under the Saudi Vision 2030.

  • How the Israeli intelligence community got its mojo back

    During these last several days of late August, however, the Israeli intelligence community hit a grand slam by obtaining such exquisite intelligence that it was highly predictive in nature—and not only that, it also likely staved off a wider war. As such, the Israeli intelligence community deserves extraordinary credit for this intelligence coup. According to media reports, the Israelis collected information that not only indicated that Hezbollah was about to launch a significant attack against northern and central Israel, but also the precise time—5:15 a.m. local time on August 25—when the launches would occur and the specific units that would conduct the attacks.

  • Virgin Atlantic Reviews ‘Gender Neutral’ Policy for New Saudi Route

    In recent years, the airline has been proactive in its diversity messaging. The airline’s Gender Identity Policy, published in 2022, allows cabin crew, pilots, and ground personnel to choose which uniform best represents them. This is irrespective of their gender, gender identity, or gender expression. At the time, Virgin said the move “cements its position as the most inclusive airline in the skies.”

  • UAE bets big on green hydrogen, eyes global clean energy leadership, ministry official says

    The UAE launched its National Hydrogen Strategy 2050 last year with the aim to become a top global hydrogen producer by 2031. The Gulf country plans to use its natural resources and energy infrastructure to build a hydrogen value chain, focusing on domestic demand and exports. By 2050, the UAE forecasts its hydrogen sectoral demand could grow fivefold to around 10.1 million tonnes per annum, supporting the country’s broader clean energy and net-zero emissions targets.

  • Coco Gauff praises WTA Finals in Riyadh, hopes to inspire Saudi’s next generation of tennis stars

    Women’s tennis has found a promising advocate in American tennis star Coco Gauff, who has expressed her support for the sport’s expansion into Saudi Arabia. The 19-year-old, fresh off her triumph at the US Open, is emerging as an inspiration for young athletes, both on and off the court. While some players have been hesitant about the WTA Finals taking place in Riyadh, Gauff’s perspective is refreshingly different. Gauff, currently ranked No. 3 in the world, is on a mission to defend her Flushing Meadows title, aiming to be the first to do so since Serena Williams in 2014.

  • Coco Gauff praises WTA Finals in Riyadh, hopes to inspire Saudi’s next generation of tennis stars

    Women’s tennis has found a promising advocate in American tennis star Coco Gauff, who has expressed her support for the sport’s expansion into Saudi Arabia. The 19-year-old, fresh off her triumph at the US Open, is emerging as an inspiration for young athletes, both on and off the court. While some players have been hesitant about the WTA Finals taking place in Riyadh, Gauff’s perspective is refreshingly different. Gauff, currently ranked No. 3 in the world, is on a mission to defend her Flushing Meadows title, aiming to be the first to do so since Serena Williams in 2014.