SARAJEVO: The King Fahd Cultural Center in the Bosnia capital Sarajevo held an exhibition to mark Saudi Arabia’s 90th National Day.
Bosnians took great interest in the exhibition that highlighted the history of the Kingdom and its ongoing development.
Visitors were accorded a warm welcome and offered dates and coffee.
The event also highlighted the historical ties between the Bosnian Muslims and Saudi Arabia.
Dr. Mohammed bin Hassan Al-Asheikh, the director of the center, which is an affiliate of the Saudi Islamic Affairs Minister, said during the exhibition a presentation about the Kingdom was also given.
He said Saudi Arabia occupies a high position in the hearts of Muslims.
The center’s director said booklets and brochures were distributed among the visitors in the Bosnian language to provide them an insight into Saudi Arabia’s past and present.
The center consists of a mosque, sports and educational centers, and a market. The educational center offers free education. The center’s mosque is currently Bosnia’s biggest with a capacity to accommodate 1,500 people at a time.
The center is one of the largest and most important support projects provided by the Kingdom to Bosnia and Herzegovina.
King Fahd center holds exhibition in Sarajevo
https://arab.news/ysknw
King Fahd center holds exhibition in Sarajevo
- The center consists of a mosque, sports and educational centers, and a market
Leading AI company to partner with Saudi Arabia, CEO tells Arab News
- Argentum’s Andrew Sobko: ‘Very easy’ to build new infrastructure, data centers in Kingdom
- In 2024, Saudi Arabia announced $100bn plan to establish AI hub
CHICAGO: The founder and CEO of Argentum AI, one of the world’s leading artificial intelligence companies, has told Arab News that he is looking forward to partnering with Saudi Arabia.
Ukrainian-born Andrew Sobko, based in Chicago, said Crown Prince Mohammed bin Salman has made a significant commitment to AI use.
In 2024, Saudi Arabia announced a $100 billion plan under Vision 2030 to build a hub to develop technology and data centers to handle a significant portion of the world’s AI workload.
The Kingdom reportedly expects AI to contribute more than $135.2 billion to its gross domestic product by 2030, representing roughly 12.4 percent of its economy.
“The US still is the kind of core leader of this AI innovation, development and infrastructure, but we quickly realized that Saudi Arabia sees this as an important asset class, not just as an innovation,” Sobko said.
“They’re deploying tons of capital. If you try to build some new infrastructure or data center, it’s very easy to do it in Saudi Arabia,” he added. “Saudi Arabia realizes and sees this compute as almost like a second asset class after oil.”
The term “compute” refers to the process of calculations that fuels AI development and applications in everyday use.
“The Middle East wants to be one of the largest exporters of compute. They realized that a couple of years ago and they’re aggressively expanding,” Sobko said, adding that AI is being used more and more in industries such as sports, in which Saudi Arabia has invested heavily.
Argentum AI recently added Majed Al-Sorour, CEO of the Saudi Golf Federation, to its board.
“Majed is also a huge believer in AI and AI infrastructure,” said Sobko. “With the help of Majed, we’re focusing on global expansion. He’s leading charge on that.”
Sobko said the challenge is not simply recognizing the importance of AI, but the ability to power data centers that it requires, and Saudi Arabia recognizes that need.
“If you secure a significant amount of power and you have data center capacity, you can actually control this kind of compute and AI,” he added.
“And the biggest bottleneck to continue expanding as we enter into this new age of robotics industry, it needs a lot more compute.”
Following meetings with US leadership, including President Donald Trump last November, Saudi Arabia secured agreements on AI technology transfers, aiming to avoid reliance on other nations’ systems.
