Saudi Arabia showcases expanding ambitions in artificial intelligence
Industry leaders highlight AI investments, cloud innovation and digital growth aligned with Vision 2030 goals
RIYADH, Saudi Arabia (MNTV) — Technology executives and government-linked industry leaders highlighted Saudi Arabia’s growing ambitions in artificial intelligence during the Oracle AI World Tour held in Riyadh, underscoring AI’s role in economic diversification and digital transformation.
The one-day event brought together senior government officials, business leaders, technology decision-makers, developers and innovators to examine how AI-driven solutions are reshaping industries and supporting scalable, secure innovation across the Kingdom, according to Arab News.
Speakers emphasized advances in AI-powered cloud infrastructure, databases and enterprise applications, describing artificial intelligence as a central pillar of Saudi Arabia’s Vision 2030 strategy to boost productivity and long-term economic growth.
Saud Al-Sheraihi, vice president of digital solutions at stc, said demand for digital services in the Kingdom is rising rapidly.
He noted that the digital economy now contributes more than 16 percent of GDP and is expected to expand further as Saudi Arabia positions itself as a global hub for AI innovation.
Oracle executive vice president for technology in Europe, the Middle East and Africa Richard Smith said the conference reflected Oracle’s long-standing commitment to Saudi Arabia and its expanding role in the regional AI ecosystem.
He noted that Oracle has invested more than $14 billion in the region as part of its long-term growth strategy.
Smith added that AI adoption has moved beyond experimentation, with organizations now focused on achieving measurable business outcomes through the integration of cloud, data and AI technologies.
He said AI use is accelerating across government, telecommunications and enterprise sectors, driven by the need for secure and locally hosted cloud solutions.
Saudi officials have said the Kingdom plans to invest more than $40 billion in artificial intelligence by 2030, with expectations that total investment could increase significantly in subsequent years.
Reham Al-Musa, vice president of cloud applications for the public sector and country leader for Oracle Saudi Arabia, said the event supported national ambitions to establish Saudi Arabia as a leading global AI economy, with artificial intelligence driving innovation, improving public services and strengthening human capital competitiveness.
Conference sessions explored AI adoption across sectors including government, finance, telecommunications, supply chains and customer services, while participants engaged in technical labs, live demonstrations and discussions on real-world AI applications.
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