AI Center for Manufacturing and Mining set for Saudi Arabia

This initiative aims to unlock the full potential of data and AI. Shutterstock.
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Updated 13 February 2024
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AI Center for Manufacturing and Mining set for Saudi Arabia

RIYADH: Saudi Arabia is set to bolster national competencies in artificial intelligence with a new dedicated center, as part of a drive to turn the Kingdom into a leading industrial powerhouse.

On the sidelines of the first Global Smart City Forum in Riyadh, the Ministry of Industry and Mineral Resources, in collaboration with the Saudi Data and Artificial Intelligence Authority, announced the inauguration of the AI Center for Manufacturing and Mining.

This initiative aims to unlock the full potential of data and AI and support the strategic ambitions to make the Kingdom a global logistics hub, enhancing the growth rate of the industry and local content.

“Where we are focusing on helping our economy, be digitalized and be able to benefit from new technologies,” Minister of Industry and Mineral Resources Bandar Alkhorayef said during his speech.

He underlined that Saudi Arabia had initiated its national industrial strategy, which entails ambitious objectives such as tripling manufacturing gross domestic product, more than doubling manufacturing employment, and increasing exports threefold by the end of 2030.

Additionally, the minister stated that the Kingdom plans to triple the number of factories under the National Industrial Strategy. 

“We are betting on technology to fulfill these objectives and leapfrog our global industrial competitiveness,” Alkhorayef said.

By clustering new factories equipped with the latest technology within smart industrial cities, the Kingdom aims to enhance competitiveness, prioritize worker safety, demonstrate resilience, and embrace sustainability.

“We are not starting from scratch,” Alkhorayef said, adding: “Saudi Arabia is fortunate to have clustered most of its manufacturing capabilities in 40 integrated industrial cities around the Kingdom.”

This grouping has led to various efficiency opportunities, including shared industrial infrastructure, common logistic solutions, and warehousing facilities.

Additionally, the deployment of smart city infrastructure and Internet of Things platforms in over 20 industrial cities enables real-time monitoring and management of various operational sectors.

These aspects include lighting, energy management, water usage and management, safety protocols, fire alarms, irrigation systems, environmental protection measures, and efficient transportation systems.

He elaborated on an innovative development within Jubail industrial city, citing a smart ambulance traffic system, “which reduced the average ambulance response time by 50 percent.”

Alkhorayef said: “These are examples of few ongoing applications, but we still have a long journey to go, and we seek technology partners to deploy new use cases in manufacturing and mining sites.” 

He added: “There are great opportunities for the future of Saudi industry and mining, but we realize that the path to realizing smart industrial cities opportunities begins with a clear vision and leadership drive.”

Moreover, the minister underscored that Saudi Arabia is well-prepared to embrace the concept of smart industrial cities and transform its factories and mining sites for the future.

The national industrial, mining, localization, and export strategies have “already set the course,” and the Kingdom is ready to implement these plans.

Alkhorayef concluded his speech by noting that Saudi Arabia has laid a solid foundation with many enablers, including the development of effective policies and regulations and investment in physical and digital infrastructure.

He added: “We have also launched various programs, such as the Future Factory program, which provides attractive financial incentives and comprehensive training initiatives.”


Saudi Arabia needs local talent to build modern financial oversight, minister says 

Updated 6 sec ago
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Saudi Arabia needs local talent to build modern financial oversight, minister says 

RIYADH: Saudi Arabia must invest in national talent alongside regulatory reforms to build a modern financial oversight system, Finance Minister Mohammed Al-Jadaan said. 

Speaking at the Financial Oversight Forum, Al-Jadaan said developing an effective oversight framework requires sustained investment in human capabilities through training and development programs.  

This aligns with Saudi Arabia’s broader efforts to build future-ready skills, including the launch of the National Skills Platform in April to equip the workforce with capabilities aligned with global trends. 

It also comes as the Kingdom’s financial ecosystem reached a record SR1 trillion ($267 billion) in locally managed assets in 2024, marking a key milestone in its transformation under Vision 2030.  

“Institutions don't advance through systems alone, but also through the culture of their employees,” Al-Jadaan said during his speech. 

During the forum, the minister said the Financial Control System represents a fundamental shift in oversight methodology, strengthening the legislative framework governing financial operations in government entities through a more flexible and comprehensive model focused on protecting public funds, Argaam reported. 

He added that the new system enhances technical oversight by leveraging government financial systems and data to support continuous monitoring, while also enabling early detection and effective management of risks. 

Al-Jadaan said Saudi Arabia continues to make significant progress toward the objectives of Vision 2030, with public finance management and oversight serving as a cornerstone for improving the efficiency and sustainability of government performance. 

He also emphasized the vital role played by the General Auditing Bureau, noting its professional efforts to develop oversight practices and raise levels of financial discipline, contributing to integrated oversight and more efficient public spending. 

In a post on X, the minister said: “I was pleased to participate in the Financial Oversight Forum organized by the General Auditing Bureau, which reflects the importance of developing the financial oversight system to protect public funds and enhance governance and financial discipline, thereby supporting the sustainability of public finances and aligning with the objectives of Saudi Vision 2030.”  

He added: “I also commend the bureau’s pivotal role and its professional efforts in developing oversight practices, including this forum.”