RIYADH: The Saudi Basic Industries Corporation (SABIC), has signed a memorandum of understanding (MoU) with the Ministry of Housing to enhance cooperation in the institutional housing initiative on Monday in Riyadh.
The agreement was signed by the Minister of Housing Majid Al-Hogail, and Abdul Aziz bin Saleh Aljarbou, chairman of SABIC.
The MoU includes introducing SABIC employees to the ministry’s Sakani program through seminars and exhibitions, while providing advisory services and real estate solutions to employees at the company’s headquarters in Riyadh, Jubail and Yanbu.
The ministry will also provide SABIC and its employees with a set of offers related to housing loans, land development and home ownership opportunities.
Saudi Housing Ministry and SABIC sign key MoU
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Saudi Housing Ministry and SABIC sign key MoU
- The MoU includes introducing SABIC employees to the ministry’s Sakani program through seminars and exhibitions
SDAIA president says Saudi Arabia is building an integrated AI ecosystem
RIYADH: Saudi Data and Artificial Intelligence Authority President Abdullah Al-Ghamdi says that Saudi Arabia is moving steadily to establish artificial intelligence as a trusted national capability, the Saudi Press Agency reported.
Guided by the objectives of Saudi Vision 2030, Al-Ghamdi said the goal is to use AI to help develop government services, enhance competitiveness, build human capacity and improve quality of life through a comprehensive strategy based on three main pillars that unlock the potential of this technology and achieve sustainable developmental impact.
“The first pillar focuses on building human capacity and enhancing readiness to engage with AI technologies,” he said.
The second pillar is building an integrated national AI ecosystem that drives expansion and innovation by developing advanced digital infrastructure that enables various sectors to adopt AI applications efficiently, consistently and with effective governance, Al-Ghamdi said.
The third pillar, he said, is governance that ensures responsible and measurable AI through a national framework aligned with international standards.
This came during Al-Ghamdi’s speech at a high-level ministerial session held on Thursday on the sidelines of the AI Impact Summit 2026 in New Delhi.
He is heading the Saudi delegation, and the session saw broad participation from heads of state, decision-makers and technology leaders from around the world.
Al-Ghamdi also had a meeting with Indian Prime Minister Narendra Modi on Thursday evening, discussed AI cooperation and expressed his gratitude for hosting the summit and for the hospitality extended to the participants.













