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Saudi adds to gaming portfolio with Pokémon Go
- March 14,2025
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- SUSTG Team
Scopely Inc., which was purchased by Saudi Arabia’s Public Investment Fund’s subsidiary Savvy Games in 2023, has agreed to acquire the gaming division of developer Niantic which includes Pokémon Go and Monster Hunter for $3.5 billion.
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LEAP ’25 sees big bets on AI, data centers and IT
- February 12,2025
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- SUSTG Team
LEAP 2025 Tech Conference, the fourth iteration of this event, and organized by the Ministry of Communications and Information Technology and others, has seen over $22 billion in commitments across a broad range of tech sectors.
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Google to establish AI hub in KSA
- November 8,2024
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- admin
Saudi Public Investment Fund and Google Cloud announced a strategic partnership to create a new global artificial intelligence (AI) hub based in Dammam.
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Al-Jouf region sees snow
- November 5,2024
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- SUSTG Team
Reportedly for the first time in memory, it has snowed in Saudi Arabia’s northern Al-Jouf region following an intense period rain and hail.
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8th Future Investment Initiative wraps in Riyadh
- October 29,2024
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- SUSTG Team
The 8th Future Investment Initiative (FII) conference just concluded in Riyadh, Saudi Arabia, running from October 29th to 31st, 2024. This year’s theme was “Infinite Horizons: Investing Today, Shaping Tomorrow.”
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Minister of Investment leads investor delegation to Pakistan
- October 11,2024
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- SUSTG Team
A Saudi investor delegation headed by Minister of Investment Khalid Al-Falih is concluding a three-day visit to Pakistan. The delegation includes officials and companies from various sectors including energy, mining, minerals, agriculture, business, tourism, industry and manpower.
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Saudi Arabia forms global alliance in support of Israeli-Palestinian two-state solution
- September 30,2024
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- SUSTG Team
European, Arab and Islamic nations have launched an initiative to strengthen support for a Palestinian state and its institutions, and prepare for a future after the war in Gaza.
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Aramco Digital and Groq to build world’s largest inferencing data center
- September 16,2024
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- admin
American AI chip startup Groq will partner with Aramco Digital to establish what would be the world’s largest AI inference data center in Saudi Arabia.
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NASA Signs US, Saudi Arabia Agreement for Civil Aeronautics, Space Collaboration
- July 17,2024
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- admin
The United States and Saudi Arabia signed a framework agreement that opens new possibilities for cooperation with NASA in areas such as space science, exploration, aeronautics, space operations, education, and Earth science. NASA Administrator Bill Nelson signed on behalf of the U.S., and CEO of the Saudi Space Agency Mohammed bin Saud Al-Tamimi signed on behalf […]
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Saudi Green Lights Three Solar Projects Totaling 5.5 GW
- June 28,2024
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- SUSTG Team
The Saudi Power Procurement Company signed power purchase agreements for solar projects with a combined capacity of 5.5GW. The projects include the Haden solar PV plant (2GW), the Al-Muwaih Solar PV plant (2GW) in the Mecca Province, and the Al-Khushaybi PV project (1.5GW) in the Qassim Province.
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MUST-READS
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Google Cloud and Accenture launch Generative AI Center of Excellence in Saudi Arabia
Google Cloud and Accenture are extending their pan-global Generative AI collaboration into the Saudi market, launching their latest Center of Excellence in the Kingdom’s capital city. First launched late 2023 in the US, the Generative AI Center of Excellence of Accenture and Google Cloud provides businesses with the industry expertise, technical knowledge, and product resources to build and scale applications using Google Cloud’s generative AI portfolio and accelerate time-to-value. Fast forward to today, and Accenture and Google Cloud have setup over a dozen such Generative AI Center of Excellences, including in New York, London, Bengaluru, and Sydney. Now, Saudi Arabia has been unveiled as the next location (and first in the Middle East), with the initiative set to provide a major boost to the Kingdom’s generative AI scene.
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Saudi Arabia advances FinTech goals with Google Pay integration
The Saudi Central Bank (SAMA) has partnered with Google to introduce Google Pay in Saudi Arabia through the national payment system “mada,” with the service set to launch in 2025. This collaboration is part of SAMA’s strategic efforts to enhance the Kingdom’s digital payments ecosystem in line with Saudi Vision 2030, according to FF News. By introducing advanced digital payment solutions, SAMA aims to reduce cash dependency, foster financial innovation, and establish a world-class infrastructure that aligns with global standards.
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Google Pay to launch in Saudi Arabia in 2025
The Saudi Central Bank (SAMA) has partnered with Google to introduce Google Pay in Saudi Arabia during 2025 via the national payment system mada. Google Pay will offer users a secure and seamless way to make purchases in stores, on apps, and online. It will also allow users to conveniently add and manage their cards through Google Wallet, ensuring enhanced convenience and safety.
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Beyond oil: Google’s big bet on Saudi Arabia’s AI future
In a landmark move signaling the growing importance of the Middle East in the global tech landscape, Google has entered into a strategic partnership with Saudi Arabia’s Public Investment Fund (PIF), the kingdom’s sovereign wealth fund. Google Cloud and PIF announced the agreement, which would see the establishment of a new artificial intelligence (AI) hub in Saudi Arabia, on the sidelines of the Future Investment Initiative 8th Edition (FII8) conference in Riyadh. The hub, to be located near Dammam in the Eastern Province, will feature the latest Google Cloud infrastructure, including tensor processing units (TPUs) and graphics processing units (GPUs). The partnership aims to position Saudi Arabia as a global AI leader, drive advancements in Arabic language AI models, and create thousands of jobs in the technology sector. The partnership underscores the “growing interlink” between AI and energy, as Saudi Arabia — along with the United Arab Emirates and other Gulf states — uses its energy surplus to power data centers, a critical pillar of AI infrastructure. This energy advantage makes the region increasingly attractive to tech giants like Google, Microsoft, Nvidia, and Amazon.
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Google’s new AI hub in Saudi Arabia aims to add $71 billion to local economy
The establishment of the hub is anticipated to contribute as much as $71 billion to Saudi Arabia’s economy. This projection underscores the significant economic potential tied to embracing advanced AI applications. The agreement is anticipated to speed up the integration of AI—specifically in Arabic—within major sectors such as healthcare, retail, and financial services across Saudi Arabia, the Middle East, Africa, and “around the world,” Ruth Porat, president and chief investment officer of Google and Alphabet, stated. “As part of Saudi Arabia’s rich technology ecosystem, we aim to create highly skilled jobs for Saudis and opportunities for global businesses to fuel growth through cloud adoption,” she added.
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PIF partners with Google Cloud to create AI hub in Saudi Arabia
The partnership will provide AI training for millions of Saudi students and professionals, supporting the national objective of expanding the information and communication technology sector by 50 percent. Through Google Cloud’s technology, industries will have enhanced access to AI applications, enabling growth and capacity building. The agreement, subject to regulatory approvals, also includes joint research on Arabic language models and Saudi-specific AI applications.
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PIF and Google Cloud to create advanced AI hub in Saudi Arabia
The landmark partnership, which was signed at the Future Investment Initiative 8th Edition (FII8), further establishes Saudi Arabia as a global hub and top AI destination for local and global enterprises and startups. This partnership aims to develop the Saudi workforce through AI programs for millions of students and professionals, supporting the national objective of growing the information and communication technology (ICT) sector by 50%.
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Saudi Arabia National Day 2024 – Google Doodle
Today’s Doodle celebrates Saudi Arabia’s National Day! On this day in 1932, Saudi citizens celebrated the establishment of the Kingdom of Saudi Arabia.
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Google Cloud expands services in Saudi Arabia, delivering enhanced data sovereignty and AI capabilities
Building on the launch of the Google Cloud region in the Kingdom of Saudi Arabia (KSA) in November 2023, we are excited to announce new data sovereignty, security, and AI capabilities for the Dammam region. These new offerings can help support the digital transformation journeys of organizations operating in Saudi Arabia that need to meet certain regulatory requirements, including multinational enterprises operating in the Kingdom.
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New Google collaboration advances AI research in Saudi Arabia
Google announced $100,000 in seed research grants to AI researchers at King Abdullah University of Science and Technology ( KAUST) faculty in Computer, Electrical, and Mathematical Sciences and Engineering (CEMSE) to advance research in multilingual, multimodal machine learning, specifically in the use of generative and large language models (LLMs). The researchers will advance research in topics including health, cross-cultural language understanding, sustainability, privacy and education.
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