Saudi Arabia 4IR strategy targets AI, Internet of things, heavy drones, WEF leader says

The SKYF heavy lift drone from Russian company ARDN technology can carry a 400lb payload for eight hours. (Supplied)
Short Url
Updated 08 August 2021
Follow

Saudi Arabia 4IR strategy targets AI, Internet of things, heavy drones, WEF leader says

  • Saudi Arabia could become a global center for new drone technology
  • Heavy lift drone technology had been prioritized by the Kingdom as one of its 4IR projects

RIYADH/DUBAI: A World Economic Forum (WEF) Committee leader announced the intention to finalize and launch projects across six different thematic areas in Saudi Arabia under the Kingdom’s fourth industrial revolution (4IR) strategy, including heavy lift drones, artificial intelligence, the Internet of things, and SMEs.

“The heavy lift drones is a collaboration with a dialogue with the ministry of transport and logistics services and then of course the general authority of civil aviation,” Sheila Warren, deputy head of the Center for the Fourth Industrial Revolution (C4IR) committee of WEF, told Arab News.

Saudi Arabia could become a global center for new drone technology under plans being advanced by the Center for the Fourth Industrial Revolution (4IR) recently inaugurated in Riyadh in partnership with the WEF.

Warren highlighted the experience of Rwanda, which has become a world leader in drone use, experimentation and regulation.

Opinion

This section contains relevant reference points, placed in (Opinion field)

Saudi Arabia is learning from Rwanda’s experiences in thinking through how to develop a regulatory framework, which informs the work of the center in Saudi Arabia with the Saudi Ministry of Transport and the General Authority of Civil Aviation (GACA), she said.

Heavy lift drone technology had been prioritized by the Kingdom as one of its 4IR projects, Mansour Alsaleh, director of the center, told Arab News. “Saudi Arabia can be a leading country in developing the regulatory framework for heavy-lift drones. It can be ahead of the world.”

Heavy lift drone technology has advanced to a stage where it requires a more sophisticated regulatory framework, he said, not just in the Kingdom but globally, and these are being developed in partnership with the Saudi General Authority of Civil Aviation, the Ministry of Transport and Saudi Aramco. “The applications are endless,” Alsaleh said.

Everything started with Vision 2030.

Sheila Warren, deputy head of the Center for the Fourth Industrial Revolution

Heavy lift drones could facilitate the opening up of parts of the Lingdom to housing and development in a way that “you couldn’t really do without that particular engagement,” Warren said.

In a sign of Saudi intention to improve its digital economy, the WEF leader told Arab News that few “fellows” from Aramco visited the C4IR San Francisco office on the blockchain team, on the AI team, and IOT.

The Aramco team is back in the Kingdom bringing all the learning achieved from C4IR teams, not only to Aramco but also to the Saudi center, she said.

Everything started with Vision 2030, Warren said.

“The vision itself talks about backlog with roads and the transport infrastructure, and the idea being that we want people to be able to live healthy, happy, productive lives across the entire Kingdom, which can be challenging with infrastructure,” she said.


Closing Bell: Saudi main market sheds 85 points to finish at 11,098 

Updated 17 February 2026
Follow

Closing Bell: Saudi main market sheds 85 points to finish at 11,098 

RIYADH: Saudi Arabia’s Tadawul All Share Index closed lower in the latest session, falling 85.79 points, or 0.77 percent, to finish at 11,098.06. 

The MSCI Tadawul 30 Index declined 0.63 percent to close at 1,495.23, while the parallel market index Nomu dropped 0.91 percent to 23,548.56.  

Market breadth was firmly negative, with 42 gainers against 218 decliners on the main market. Trading activity saw 226 million shares exchanged, with total turnover reaching SR4.5 billion ($1.19 billion).  

Among the session’s gainers, Tourism Enterprise Co. rose 9.40 percent to SR15.02. SHL Finance Co. advanced 4.51 percent to SR16.00, while Almasar Alshamil for Education Co. gained 3.56 percent to SR23.88.  

Dar Alarkan Real Estate Development Co. added 3.03 percent to SR19.70, and Banque Saudi Fransi climbed 2.61 percent to SR19.30. 

On the losing side, Almasane Alkobra Mining Co. recorded the steepest decline, falling 6.61 percent to SR96.

Al Moammar Information Systems Co. dropped 5.14 percent to SR164.20, while National Company for Learning and Education declined 4.60 percent to SR124.30. Saudi Ceramic Co. slipped 4.14 percent to SR27.30, and Arabian Contracting Services Co. fell 4.12 percent to SR116.50. 

On the announcement front, Saudi Telecom Co. announced the distribution of interim cash dividends for the fourth quarter of 2025 in line with its approved dividend policy.  

The company will distribute SR2.74 billion, equivalent to SR0.55 per share, to shareholders for the quarter.  

The number of shares eligible for dividends stands at approximately 4.99 billion shares. The eligibility date has been set for Feb. 23, with distribution scheduled for March 12.  

The company noted that treasury shares are not entitled to dividends and that payments will be made through Riyad Bank via direct transfer to shareholders’ bank accounts. stc shares last traded at SR44.80, unchanged on the session. 

Separately, National Environmental Recycling Co., known as Tadweer, reported its annual financial results for the year ended Dec. 31, 2025, posting significant growth in revenue and profit.  

Revenue rose 53.5 percent year on year to SR1.24 billion, compared with SR806 million in the previous year. Net profit attributable to shareholders increased 68.4 percent to SR60.9 million, up from SR36.2 million a year earlier, driven by higher sales volumes and operational expansion.

Tadweer shares last traded at SR3.80, up 2.70 percent.