Social Development Bank’s training program helping SMEs to grow

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One of the many small Saudi businesses supported by SDB is Maulava, a Riyadh based all woman kitchen by chef Amal Almarzoog, specializing in buffets serving traditional and international cuisine. (Supplied/Maulava)
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One of the many small Saudi businesses supported by SDB is Maulava, a Riyadh based all woman kitchen by chef Amal Almarzoog, specializing in buffets serving traditional and international cuisine. (Supplied/Maulava)
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Updated 31 May 2023
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Social Development Bank’s training program helping SMEs to grow

  • Business owners offered courses in marketing, administration, communication skills

RIYADH: The Social Development Bank has introduced a range of training programs to help small businesses across the Kingdom to grow.
The courses cover key issues like marketing and administration and also provide business owners with the chance to meet and discuss their development plans with local and international experts.
One of the companies that has benefited from the scheme is Maulava, a Riyadh-based, all-women kitchen run by chef Amal Almarzoog.
“The Social Development Bank helped me by providing the courses needed as a business owner, like marketing and business administration,” she said.
“It also helped me with my communication skills.”
Almarzoog said she would recommend SDB to other small-business owners, “because they will get all the necessary support to develop their projects.”
The SDB training program supports Saudi Vision 2030 and its goals to lower the unemployment rate, increase women’s participation in the workforce and expand the contribution of small and medium enterprises’ to 35 percent of gross domestic product by the end of the decade.
 


Saudi Arabia designates 2026 the Year of Artificial Intelligence

Updated 9 sec ago
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Saudi Arabia designates 2026 the Year of Artificial Intelligence

  • SDAIA unveils official logo after it was approved by the Cabinet

RIYADH: Saudi Arabia has designated 2026 as the Year of Artificial Intelligence, underscoring the Kingdom’s growing leadership in global AI adoption, and reaffirming AI as a top priority by supporting the nation’s AI ambitions in line with Saudi Vision 2030.

With the Kingdom emerging as a global hub for data and AI, driven by the support of Crown Prince Mohammed bin Salman, the move was underscored by the Saudi Cabinet’s approval on Tuesday.

The Saudi Data and Artificial Intelligence Authority, meanwhile, launched the official logo for the Year of Artificial Intelligence, Saudi Press Agency reported Wednesday.

The logo integrates symbolism in its elements: a palm tree signifies the national emblem and the Kingdom’s cultural heritage, while the letters “AI” highlight the technological and innovative aspects central to promoting digital inclusion as part of Vision 2030.

The palm tree’s green color symbolizes the Saudi flag and the Kingdom’s national identity, while the accompanying blue color represents digital technology and progression toward advanced technological development.

The logo is accompanied by the official hashtag for the Year of Artificial Intelligence: #SaudiAIYear.

Muhammad Khurram Khan, a professor of cybersecurity at King Saud University, told Arab News: “Saudi Arabia’s decision to designate 2026 as the Year of Artificial Intelligence represents a strategic milestone in the Kingdom’s digital transformation under Vision 2030.

“Over the past several years, SDAIA has successfully moved the national AI agenda from planning to large-scale implementation. The progress is visible in the Kingdom’s rapid rise in global AI rankings, its significant investment in emerging technologies, and the development of advanced infrastructure such as national data platforms and large-scale data centers,” he said.

The Kingdom ranked 14th in the 2025 Global AI Index and holds a leading position in the Arab world for AI model development.

Investment in the sector has grown significantly, with government spending on emerging technologies rising by more than 56 percent in 2024 and AI companies securing $9.1 billion in funding.

“The newly unveiled logo effectively reflects this vision. The logo thoughtfully blends Saudi Arabia’s heritage with its technological ambitions, reflecting the Kingdom’s forward-looking vision for a technology-driven future,” said the professor.

“What distinguishes Saudi Arabia’s approach is its holistic strategy. Rather than focusing solely on technology deployment, the Kingdom has invested heavily in talent development, regulatory frameworks, and ecosystem building. Training thousands of specialists and engaging more than a million participants through national AI initiatives demonstrates a long-term commitment to building a sustainable knowledge economy. Equally important is the Kingdom’s emphasis on responsible AI governance, reflected in its participation in international AI partnerships focused on ethics,” he added.

Welcoming the Cabinet’s decision to designate 2026 as the Year of Artificial Intelligence, Abdullah bin Sharaf Al-Ghamdi, SDAIA president, said on Tuesday the decision reflects the crown prince’s vision to strengthen the Kingdom’s global standing in advanced technologies.

He described it as an important step toward creating national momentum around innovation and the role of artificial intelligence in shaping a smarter and more sustainable future.

Since its establishment in 2019, SDAIA has led the National Strategy for Data and Artificial Intelligence, which focuses on six pillars: ambition, competencies, policies, investment, innovation, and ecosystem.

These efforts have moved the Kingdom from strategic planning to implementation, including regulating AI sectors and developing advanced digital infrastructure.

Infrastructure has expanded with the launch of the Shaheen III supercomputer and the Hexagon data center, the world’s largest government data facility with a capacity of 480 megawatts.

The Kingdom has also established a National Data Lake integrating more than 430 government systems.

Human capital development remains a priority. More than 11,000 specialists have been trained, and the SAMAI program has reached over one million participants.

Internationally, Saudi Arabia has strengthened its presence in the AI sector. It became the first Arab nation to join the Global Partnership on AI and hosts the UNESCO-sponsored International Center for Artificial Intelligence Research and Ethics in Riyadh.

These initiatives reflect the Kingdom’s commitment to the responsible and ethical use of artificial intelligence to support economic diversification and serve humanity globally.