萝莉视频

2024 marks 萝莉视频鈥檚 bold leap toward technological leadership

2024 marks 萝莉视频鈥檚 bold leap toward technological leadership
萝莉视频 is poised to continue shaping the future of technology, creating growth opportunities, and enhancing the quality of life for its citizens. Shutterstock
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Updated 31 December 2024

2024 marks 萝莉视频鈥檚 bold leap toward technological leadership

2024 marks 萝莉视频鈥檚 bold leap toward technological leadership
  • Kingdom launched ALLaM, a generative AI model tailored specifically for the Arabic language
  • Technology also played a critical role during the Hajj season

RIYADH: 萝莉视频鈥檚 digital transformation journey reached new heights in 2024, solidifying its position as a global leader in technology and innovation.聽

Guided by Vision 2030, the Kingdom continued to reshape its economic and social landscapes through extensive digital initiatives spanning government, the private sector, and international partnerships. From advancements in artificial intelligence to significant strides in the digital economy, 萝莉视频鈥檚 achievements over the past year set the stage for even bolder ambitions in 2025.

Revolutionary achievements

One of the standout accomplishments of 2024 was the consolidation of government data. The creation of a centralized data lake integrated 27 large systems with over 322 systems in the National Data Bank. This initiative not only enhanced the quality of national data but also automated data-sharing processes, fostering collaboration across entities and delivering substantial cost savings.

萝莉视频 also launched ALLaM, a generative AI model tailored specifically for the Arabic language. Integrated into IBM鈥檚 Watsonx platform, ALLaM was recognized as the leading generative AI model for Arabic, as measured by the Arabic MMLU benchmark. This innovation underscored the Kingdom鈥檚 commitment to preserving its cultural and linguistic heritage while advancing global AI standards.

鈥溌芾蚴悠碘檚 digital transformation initiatives, driven by Vision 2030, have created a strong foundation for the Kingdom to emerge as a global leader in technology and innovation,鈥 said Louise Bou Rached, sales director for the Middle East, North Africa, and Turkiye region at Milestone Systems, in an interview with Arab News.聽




Louise Bou Rached, Sales Director, MENAT at Milestone Systems. Supplied

She continued: 鈥淭he strategic focus on AI, IoT (Internet of Things), 5G, and cloud infrastructure is enabling the development of smart cities, digital governance, and innovative industries.鈥

Bou Rached highlighted initiatives like NEOM and The Line, which combine cutting-edge technology with sustainability to redefine urban living and attract global attention. 鈥淭his transformation is enhancing the Kingdom鈥檚 international reputation and driving economic diversification, positioning 萝莉视频 as a model for other nations aspiring to achieve technological leadership,鈥 she said.

A key element in this transformation has been the integration of advanced video management systems across smart city projects, improving security, efficiency, and data-driven decision making. 鈥淰MS technology ensures the seamless operation of urban environments and aligns with the Kingdom鈥檚 broader vision of fostering a secure and intelligent ecosystem,鈥 Bou Rached added.

Technology also played a critical role during the Hajj season, with advanced AI solutions ensuring the safety and well-being of millions of pilgrims. Smart platforms like Basier and Sawaher deployed over 400 AI-linked cameras across key locations, including tunnels and the Jamarat facility. These systems provided real-time crowd density analysis, enabling authorities to address emergencies efficiently. This initiative marked a significant leap in combining AI with large-scale event management.

鈥淧rojects involving smart cities, artificial intelligence, and renewable energy are shaping new industries and lifestyles in 萝莉视频,鈥 said Arun Leslie John, the chief market analyst at Century Financial, in an interview with Arab News. Smart cities like NEOM, he noted, are redefining urban living with intelligent systems that optimize resource management, sustainability, and citizen engagement.

鈥淎I is reshaping industries, from health care to logistics, by enabling predictive analytics, automating processes, and improving efficiency,鈥 he added. John also pointed out that the implementation of Open RAN technology is 鈥渟eriously changing the scene of the country鈥檚 telecommunications sector, offering flexible and cost-efficient network infrastructure, essential for extending 5G and upcoming 6G networks.鈥澛

鈥淐ompanies specializing in such technologies can take advantage of the emergent demand for improved telecommunication solutions,鈥 John said.




Arun Leslie John, Chief Market Analyst at Century Financial. Supplied

AI discussions

萝莉视频 reinforced its position as a global AI leader by hosting the third Global AI Summit, which brought together world leaders, researchers, and industry experts to discuss ethics, developments, and the future of AI. The event emphasized the Kingdom鈥檚 commitment to becoming a hub for AI innovation.

The country also launched the Open Access National Gateway, providing scientists and researchers access to more than 1,000 advanced laboratories. This initiative bolstered 萝莉视频鈥檚 ability to attract top talent, foster innovation, and drive scientific breakthroughs across various fields.聽

The establishment of the National Semiconductor Hub marked a significant milestone in the Kingdom鈥檚 drive for technological independence. Launched in partnership with top institutions like King Abdullah University of Science and Technology, the hub supports multiple initiatives, including a joint master鈥檚 program with the University of California and Princess Nourah University. Over 850 professionals were trained to localize semiconductor technology, further cementing 萝莉视频鈥檚 place in the global tech landscape.

鈥溌芾蚴悠碘檚 investment in space exploration is about exploring the cosmos and leveraging satellite technology to advance telecommunications, agriculture, and disaster management. These advancements are driving diversification away from oil dependency, creating a high-tech economy that attracts global investments and cultivates homegrown innovation,鈥 Bou Rached noted.

萝莉视频鈥檚 digital transformation efforts received global recognition in 2024. The Kingdom achieved several milestones such as securing the second place among G20 countries in the ICT Development Index and sixth place globally in the UN E-Government Development Index, climbing 25 positions.

These achievements underscored 萝莉视频鈥檚 progress in delivering efficient, accessible, and citizen-centric digital services.

In the space sector, 萝莉视频 celebrated the graduation of 15 startups from the Space Tech Entrepreneurship Program, which offered financial support, training, and mentorship. This initiative attracted both domestic and international investments, highlighting the Kingdom鈥檚 growing influence in the space industry.

The Kingdom also secured over SR41 billion ($10.9 billion) in foreign and domestic investments in technology and data centers in 2024. These investments were complemented by enhancements to digital infrastructure, including efforts to localize emerging technologies and establish a thriving innovation ecosystem.

Notable initiatives included the Cloud First Policy, which prioritized cloud-based solutions across government entities and the expansion of 5G networks, positioning 萝莉视频 among the top 10 countries globally for mobile Internet speeds.

In March, the Kingdom unveiled an updated Digital Transformation Index, designed to elevate public sector adherence to technological advancements. The revised standards, reduced from 125 to 96, aimed to improve the quality of e-government services in line with Vision 2030. More than 233 entities participated in workshops to refine methodologies, contributing to an 85.53 percent overall progress rate in digital transformation.

鈥業nto New Worlds鈥

Scheduled for February 2025 in Riyadh, LEAP 鈥 the Kingdom鈥檚 premier tech-focused conference and exhibition 鈥 will bring together 1,000 expert speakers, 680 startups, and over 215,000 global attendees. Under the theme 鈥淚nto New Worlds,鈥 the event will explore cutting-edge technologies and their practical applications. The 2024 edition of LEAP surpassed previous ones, with agreements worth more than $12 billion being signed.

Greater achievements on the horizon

萝莉视频鈥檚 roadmap for 2025 builds on the transformative momentum of 2024, with ambitious plans designed to further elevate the Kingdom鈥檚 global standing in technology and innovation. In AI and data advancements, efforts will focus on increasing the number of datasets in the National Data Bank to improve accessibility and foster greater collaboration.

The adoption of AI across government entities will be further strengthened to stimulate innovation and improve service delivery. Expanding the scope of the National Smart Cities Platform will be a key priority, with an emphasis on security, safety, and sustainability, while introducing new use cases to enhance quality of life and environmental conservation.

In space exploration, 萝莉视频 plans to manufacture and launch a satellite dedicated to investigating space weather as part of the Artemis 2 mission to the moon. Economically, the Kingdom aims to bolster the ICT sector鈥檚 contribution to its gross domestic product by introducing two additional multibillion-dollar companies, bringing the total number of such companies to eight.

As 2025 unfolds, 萝莉视频 is poised to continue shaping the future of technology, creating growth opportunities, and enhancing the quality of life for its citizens. By building on its 2024 achievements, the Kingdom is well-positioned to realize its Vision 2030 goals and establish itself as a global leader in the digital era.


Global leaders call for unity against cybersecurity threats

The Global Cybersecurity Forum Annual Meeting kicked off in Riyadh on Wednesday. (AN photo by Abdulrahman bin Shalhoub)
The Global Cybersecurity Forum Annual Meeting kicked off in Riyadh on Wednesday. (AN photo by Abdulrahman bin Shalhoub)
Updated 01 October 2025

Global leaders call for unity against cybersecurity threats

The Global Cybersecurity Forum Annual Meeting kicked off in Riyadh on Wednesday. (AN photo by Abdulrahman bin Shalhoub)
  • Dangers highlighted at Global Cybersecurity Forum in Riyadh
  • Saudi 鈥榮howing the way,鈥 Senegal鈥檚 Macky Sall tells Arab News

RIYADH: Day one of the Global Cybersecurity Forum Annual Meeting concluded here with calls for governments and the private sector to secure critical infrastructure and build international agreements against mounting cybersecurity threats.

Macky Sall, the former president of Senegal, told Arab News at the GCF: 鈥淐ybersecurity is a global challenge. It ignores borders.

鈥淪o if you want to have global action and be positive, we should bring together countries, states and nations and the private sector who are leading the big platform, what we call Big Tech.鈥

鈥(The) Kingdom of 萝莉视频, with this initiative, launched in 2020, the Global Cybersecurity Forum, is showing the way, and the Kingdom invests a lot to fight terrorism and to develop capabilities,鈥 he added.

Now in its fifth edition, the forum aims to continue strengthening the safety and resilience of cyberspace by advancing international collaboration.

The forum announced the Global Initiative for Capacity Building in Cyberspace, a major plan to scale cohesive advances in cyberspace, and strengthen online resilience.

The new initiative aims to deliver accelerated capacity development at scale in areas of greatest need through expert-led workshops, training and education programs, international simulations and cyber drills, and policy development support.

Also planned is collaboration around research and development to enhance the skills of beneficiaries worldwide, including policy practitioners, law enforcement personnel, and cyber diplomats.

Implementation will be led by 萝莉视频鈥檚 National Cybersecurity Authority, Saudi Information Technology Co., and the GCF, in partnership with UN agencies.

The plan is to include the UN Development Program, UN Office on Disarmament Affairs, UN Office on Drugs and Crime, UN Interregional Crime and Justice Institute, UN Institute for Disarmament Research, and the International Telecommunication Union, alongside Interpol.

In an interview with Arab News, Jurgen Stock, former secretary-general of Interpol, said: 鈥淕CF is a wonderful and a needed platform, a global platform to deal with something that is global by nature, which is cybercrime.鈥

鈥淎ll the threats related to our digital environment, which I mean, almost since a couple of years, have only shown one direction.

鈥淭he numbers, unfortunately, are going up, and now with new technologies coming up, artificial intelligence first and foremost, of course, this threat is not going away.鈥

鈥淎nd we have to deal and to address that threat in a collective way. No country, no region, no company, no government can fight that in isolation. We need strong partnerships. And I think this is exactly what GCF is about.鈥

Stock praised 萝莉视频 for 鈥渋ts efforts in building partnerships with law enforcement, with regulators, telecommunication companies, IT security companies, and finally also law enforcement help closing these gaps as quickly as possible.鈥

According to the GCF 2024 Cybersecurity Workforce Report there is a worldwide shortage of 2.8 million cybersecurity professionals and skills gaps reported by 43 percent of information security executives.

The report highlights the urgency of a coordinated global effort to bridge persistent cybersecurity capacity gaps.

Speaking at a panel titled 鈥淎gainst the Odds: Gaining Consensus Amid Complexity,鈥 Croatia鈥檚 former president Kolinda Grabar-Kitarovic called for stronger regulation of AI and greater information sharing.

Sall urged action to bridge divides between developed and developing countries, while former US cyber director Chris Inglis emphasized the importance of building digital infrastructure that delivers real benefits for citizens.

Global leaders at the forum emphasized the importance of future-proofing international agreements, closing the digital gap between nations, and fostering collaboration that delivers tangible benefits.


Saudi budget carrier flyadeal begins service to Damascus聽

Saudi budget carrier flyadeal begins service to Damascus聽
Updated 01 October 2025

Saudi budget carrier flyadeal begins service to Damascus聽

Saudi budget carrier flyadeal begins service to Damascus聽

RIYADH: Saudi low-cost carrier flyadeal has started direct flights to Damascus, re-establishing air links between the two countries after a period of suspended services.

The inaugural flight, arriving from Jeddah on Oct. 1, was welcomed by Abdullah Al-Harith, Saudi deputy ambassador to Syria, at Damascus International Airport. 

The airline received regulatory approval earlier this year to operate to Syria, with CEO Steven Greenway announcing a planned launch in July. 

The move is part of a wider regional trend, with airlines such as flynas, FlyDubai, and Royal Jordanian also resuming services to Damascus. 

The return of international carriers follows recent decisions by the US and EU to lift long-standing economic sanctions on Syria, enabling renewed trade, tourism, and investment opportunities. 


KAFD and RCRC sign agreement to launch first phase of Riyadh Creative District

KAFD and RCRC sign agreement to launch first phase of Riyadh Creative District
Updated 01 October 2025

KAFD and RCRC sign agreement to launch first phase of Riyadh Creative District

KAFD and RCRC sign agreement to launch first phase of Riyadh Creative District

RIYADH: The first phase of the Riyadh Creative District is set to take shape after the King Abdullah Financial District Development and Management Co. signed a lease agreement with the Royal Commission for Riyadh City. 

Under the deal, RCRC will lease three landmark buildings within KAFD to host RCD鈥檚 initial operations, positioning the district as a hub for media, cultural, and creative technology enterprises. 

The initiative supports Vision 2030 objectives to transform Riyadh into a global center for innovation and culture. Launched under the patronage of Crown Prince Mohammed bin Salman, RCD seeks to unite Saudi and international talent to drive content creation, cultural exchange, and economic diversification. 

Mohammed Al-Sudairy, acting CEO at KAFD DMC, said the agreement 鈥渉ighlights KAFD鈥檚 commitment to shaping the industries of tomorrow.鈥   

He added: 鈥淏y bringing together creative thinkers, business leaders, and cultural institutions in a single destination, we are opening doors for emerging talent and advancing Riyadh鈥檚 status as a global hub for creative and cultural innovation.鈥  

Mazen Tammar, vice president of City Marketing and Investment Promotion at RCRC, noted that hosting RCD鈥檚 first phase in KAFD 鈥渞eflects our shared vision of building Riyadh into a world-leading destination for creativity and innovation.鈥   

He emphasized that the initiative 鈥渨ill empower the creative community, nurture local creative talent, attract global partners, and advance Riyadh鈥檚 role as a cultural and economic hub in line with Vision 2030.鈥  

The RCD was launched in February by the RCRC board of directors and has already begun attracting international institutions.   

Earlier this year, Italian fashion school Instituto Marangoni inaugurated its Riyadh campus within the district, marking a key milestone in the project's development.  


Closing Bell: Saudi main index closes in green at 11,529聽

Closing Bell: Saudi main index closes in green at 11,529聽
Updated 01 October 2025

Closing Bell: Saudi main index closes in green at 11,529聽

Closing Bell: Saudi main index closes in green at 11,529聽

RIYADH: 萝莉视频鈥檚 Tadawul All Share Index rose on Wednesday, gaining 26.39 points, or 0.23 percent, to close at 11,529.36. 

The total trading turnover of the benchmark index was SR5.99 billion ($1.59 billion), as 116 of the listed stocks advanced, while only 131 retreated. 

The MSCI Tadawul Index also increased, up 6.46 points or 0.43 percent, to close at 1,506.44. 

The Kingdom鈥檚 parallel market Nomu gained 116.96 points, or 0.46 percent, to close at 25,589.40. This comes as 48 of the listed stocks advanced, while 34 retreated. 

The best-performing stock was Saudi Kayan Petrochemical Co., with its share price surging by 6.37 percent to SR6.01. 

Other top performers included Nahdi Medical Co., which saw its share price rise by 4.45 percent to SR124.30, and Gulf Union Alahlia Cooperative Insurance Co., which saw a 3.94 percent increase to SR13.97. 

CHUBB Arabia Cooperative Insurance Co. rose 3.82 percent to SR41.32, while Middle East Paper Co. gained 3.19 percent to SR28.50. 

On the downside, Fawaz Abdulaziz Alhokair Co. slipped 3.24 percent to SR27.48, making it the session鈥檚 weakest performer. 

Derayah Financial Co. fell 3.09 percent to SR30.72, while Alujain Corp. dropped 2.46 percent to SR34.94. 

Amlak International Finance Co. fell 2.44 percent to SR12.39, while Makkah Construction and Development Co. dropped 2.41 percent to SR87.05. 

On the announcements front, Sustainable Infrastructure Holding Co. has signed an agreement to acquire a 51 percent majority stake in Port Services & Storage Co. for up to SR132 million. 

According to a press release, the deal, which includes an initial payment and future performance-based earn-outs, is slated for completion in the final quarter of 2025, pending regulatory approval. 

This strategic acquisition aims to strengthen SISCO鈥檚 integrated logistics platform, expand its footprint in the Eastern Province, and create synergies with its existing logistics real estate assets. 

SISCO Holding鈥檚 shares traded 0.18 percent higher on the main market to close at SR33.06. 


萝莉视频 signs 5 agreements with Vietnamese firms to expand investment footprint聽

萝莉视频 signs 5 agreements with Vietnamese firms to expand investment footprint聽
Updated 01 October 2025

萝莉视频 signs 5 agreements with Vietnamese firms to expand investment footprint聽

萝莉视频 signs 5 agreements with Vietnamese firms to expand investment footprint聽

RIYADH: 萝莉视频 has signed five agreements with Vietnamese firms spanning construction, tourism, and infrastructure, expanding its investment footprint in the Southeast Asian nation. 

The deals also included advanced furniture manufacturing and workforce training, aimed at strengthening the Kingdom鈥檚 industrial sector and attracting foreign investment, the Saudi Press Agency reported. 

They were signed in the presence of Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef during the Saudi-Vietnamese Business Forum in Hanoi, part of the minister鈥檚 official visit to deepen economic ties and attract quality investments in line with Vision 2030.

The forum was hosted at the Hanoi Chamber of Commerce and Industry and co-organized with the Federation of Saudi Chambers. 

It aligns with 萝莉视频鈥檚 National Industrial Development Program, launched in 2019, which aims to integrate strategic sectors and leverage local content alongside Fourth Industrial Revolution technologies to build a diversified, value-driven economy. 

The development reflects the Kingdom鈥檚 growing focus on international partnerships, underpinned by its $1.92 billion investment in Vietnam across energy, industry, and technology sectors. 

Alkhorayef emphasized the strong bilateral economic relations and the Saudi-Vietnamese Business Council鈥檚 role in boosting cooperation, particularly in industry and mining, according to a statement by the Ministry of Industry and Mineral Resources. 

In a post on his X account, Alkhorayef said: 鈥淚 held bilateral meetings with several investors and leaders of Vietnamese companies to discuss the Kingdom鈥檚 competitive investment advantages, enabling mechanisms and incentives that facilitate foreign investment, and measures to streamline the investor journey.鈥 

He added that the talks explored promising opportunities for industrial and mining cooperation between the two countries. 

The minister emphasized the Kingdom鈥檚 keenness to attract quality foreign investments in industry and mining, outlining the most promising investment opportunities these sectors offer, as well as the enablers and incentives provided by the industrial and mineral resources system to facilitate the journey of international investors. 

These include, he added, financing solutions offered by the Saudi Industrial Development Fund and the Saudi Export鈥揑mport Bank. 

He also shed light on the Kingdom鈥檚 local content policies, which encourage industrial localization and give domestic manufacturers a competitive edge in government procurement, according to the press release. 

Regarding mining, he highlighted its transformation into a key pillar of the national industry under Vision 2030, with the Comprehensive Mining and Mineral Industries Strategy and the National Geological Survey Program increasing 萝莉视频鈥檚 estimated mineral wealth from $1.3 trillion to $2.5 trillion. 

The event was attended by Saudi Ambassador to Vietnam Mohammed Dahlawi, CEO of the National Industrial Development Center Saleh Al-Sulami, Chairman of the Saudi-Vietnamese Business Council Ahmed Al-Theeb, and senior government and private-sector representatives from both countries. 

The forum offered a platform to explore cooperation in advanced industries, research, innovation, and artificial intelligence.