DAVOS: Saudi Arabia has accelerated efforts in “energizing the intelligent age,” making the Kingdom the world’s ideal partner in shaping the next wave of the technological age, said the minister of communication and information technology.
Speaking during a panel discussion at the World Economic Forum in Davos, Abdullah Al-Swaha said the aim was to “help the world achieve the next $100 trillion by energizing the intelligence age.”
He said the Kingdom was expanding global partnerships for the benefit of humanity and highlighted both local and international achievements.
“We believe the more prosperous the Kingdom, the Middle East, is, the more prosperous the world is. And it is not a surprise that we fuel 50 percent of the digital economy in the kingdom or the region,” he told the audience. He added the Kingdom fueled three times the tech force of its neighbors and, as a result, 50 percent of venture capital funding.
Al-Swaha said Saudi Arabia was focused both on artificial intelligence acceleration and adoption. At home, he said, the Kingdom was doubling the use of agentic AI in the public and private sector to increase worker productivity tenfold. He also cited the world’s first fully robotic heart transplant, which was conducted in Saudi Arabia.
