Saudi crown prince meets Economic Club of New York head

Saudi Arabia’s Crown Prince Mohammed bin Salman and the Chairman of the of Economic Club of New York Terry Lundgren. (SPA)
Updated 02 April 2018
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Saudi crown prince meets Economic Club of New York head

Saudi Arabia’s Crown Prince Mohammed bin Salman met on Sunday the Chairman of the of Economic Club of New York Terry Lundgren and a number of its members, the Saudi news agency SPA reported. 
The New York Economic Club is one of the most important platforms in the discussion of economic, social and political affairs and the exchange of experiences among the most important businessmen, businessmen and decision-makers in the field of trade.
During the meeting, they reviewed the economic relations between the two countries.
The meeting was attended by prominent business representatives and finance officials, economic analysts and current and former US officials to identify the most important reforms taking place in Saudi Arabia as part of Vision 2030 and the new investment opportunities that have been made available through the recently launched mega projects such as the Neom Project.
He also stressed that the change and growth in the Kingdom is not limited to the economy only but also to strengthen the capabilities of Saudi citizens to be the main basis for the achievements of the Vision 2030.
On the trade relations between the two countries, the ministers affirmed that the US has been a strategic ally of Saudi Arabia for 80 years in trade and economic relations
The meeting was attended by the Saudi Ambassador to the US, Prince Khalid bin Salman bin Abdulaziz, and members of the Crown Prince‘s delegation.


Saudi Arabia, Estonia strengthen cyber defense cooperation

Updated 09 February 2026
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Saudi Arabia, Estonia strengthen cyber defense cooperation

  • Renowned for its leadership in digital governance, Estonia sees cybersecurity as central to its partnership potential with Saudi Arabia, building on years of regional engagement through its technology firms

RIYADH: Estonia aims to deepen defense, cybersecurity, and artificial intelligence cooperation with Saudi Arabia as both nations look to advance technology‑driven defense and cybersecurity capabilities.

Hanno Pevkur, Estonia’s minister of defense, told Arab News at the World Defense Show in Riyadh on Monday that Estonia’s defense industry is eager to contribute to the Kingdom’s fast‑growing defense ecosystem.

“In the modern world, cooperation built on trust and technology is the best defense,” he said. “It is important for us to be here because we clearly see there is a possibility to increase cooperation, not only bilaterally between Saudi Arabia and Estonia, but across the region.”

At Estonia’s pavilion, a cooperation agreement was signed between an Estonian company and a Saudi firm during the show, he noted.

Pevkur also said Estonia’s defense sector has expanded rapidly in recent years, driven by technological innovation and partnership.

“Our defense industry is growing very rapidly, and we continue to see strong momentum,” he said.

He said Estonia’s strengths lie in digital and smart‑system integration rather than large‑scale weapons production.

“We will not build airplanes or tanks, but what we can do is integrate robotics, automation and drones to make existing systems smarter,” he said.

The minister said effective defense collaboration must link businesses and governments to achieve meaningful results.

“When we want to have real cooperation, we need it on all levels,” he said. “The biggest client for any defense company is the government, so we must treat this as one ecosystem where the public and private sectors work hand in hand.”

Renowned for its leadership in digital governance, Estonia sees cybersecurity as central to its partnership potential with Saudi Arabia, building on years of regional engagement through its technology firms.

Pevkur said several Estonian companies, including Nortal, have already assisted Gulf governments in developing open IT and digital‑service systems.

“As the most digitalized nation in the world, almost every service in Estonia can be done online, except getting married,” he said. “But with such digitalization, we also need strong cyberdefense.”

He said data protection and digital resilience are treated as matters of national sovereignty in Tallinn, the capital of Estonia.

“Data is what we own. When someone steals that data, it becomes a serious threat,” he added. “That is why cyberdefense is not just about technology, it is about trust, sovereignty and protection.”

Pevkur said Saudi Arabia’s advances in AI offer promising opportunities for collaboration.

“I know that Saudi Arabia is doing great work when it comes to AI,” he said. “For us, as a small country with limited human resources, AI is essential not just for defense but for everyday life.”

Pevkur added that Estonia has launched a national AI strategy to promote responsible development and closer coordination between government and industry. One Estonian company, he said, has developed a system that allows a single operator to control hundreds of drones through AI.

“It is quite easy to put a weapon into the hands of a robot, but we also need to define who is accountable for its actions,” he said.

“The big question for the future is whether we can allow a war to be fought entirely by AI, or if humans must always make the final ethical decisions.”

He said in his conclusion that governments must reach a common understanding on how AI will be used and regulated on the battlefield.