Multi-billion global AI spending transforming business efficiency, SDAIA official tells Riyadh conference

Esam bin Abdullah Al-Wagait highlighted these figures during his keynote address at the 9th National Quality Conference, held on Tuesday at the Ritz-Carlton Hotel in Riyadh. (SPA)
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Updated 19 November 2024
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Multi-billion global AI spending transforming business efficiency, SDAIA official tells Riyadh conference

  • Esam bin Abdullah Al-Wagait highlighted these figures during his keynote address at the 9th National Quality Conference

RIYADH: Global spending on artificial intelligence to improve operational efficiency exceeded $120 billion in 2023, with over 72 percent of organizations integrating AI into at least one area of their business, according to data cited by the director of the National Information Center at the Saudi Data and AI Authority.

Esam bin Abdullah Al-Wagait highlighted these figures during his keynote address at the 9th National Quality Conference, held on Tuesday at the Ritz-Carlton Hotel in Riyadh, the Saudi Press Agency reported.

Al-Wagait emphasized the growing role of AI in enhancing leadership capabilities, referencing a study from the 2024 Gartner IT Symposium/Xpo, which found that 97 percent of CEOs believe AI has improved their performance, reduced administrative burdens, and strengthened their ability to lead effectively, SPA added.

Al-Wagait told the conference that AI’s integration across various industries reflected its transformative potential and cited the number of industrial robots deployed in manufacturing operations exceeding 4 million globally in 2023, as reported by the International Federation of Robotics, further underlining AI’s role in operational excellence.

“AI is now a trusted partner for organizational leaders, offering accurate analytics and predictions that enable impactful decision-making,” he said. This trend, he explained, aligned with the concept of AI-augmented leadership, which is reshaping organizational strategies worldwide.

The conference session, themed “Role of Advanced Technologies in Ensuring the Quality of Services and Products,” brought together industry leaders and experts to discuss the role of AI and advanced technologies in improving quality assurance and operational outcomes.


Saudi Arabia to host ‘dialogue’ between southern Yemeni factions

Updated 03 January 2026
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Saudi Arabia to host ‘dialogue’ between southern Yemeni factions

  • The conference hopes to ‘develop a comprehensive vision’ to fulfill the aspirations of Yemenis

RIYADH: Saudi Arabia’s foreign ministry has invited factions in south Yemen to hold a dialogue in Riyadh to “discuss just solutions to the southern cause.”
The ministry statement said the conference in the Saudi capital had been requested by Rashad Al-Alimi, President of the Yemeni Presidential Leadership Council, and the Kingdom urged all factions to participate “to develop a comprehensive vision” that would fulfill the aspirations of the southern people.
The separatist Southern Transitional Council has recently seized territory in the governorates of Hadramaut and Al-Mahra.
Saudi Arabia said the STC action poses a direct threat to the Kingdom’s national security, and regional stability.
Earlier this week, the military coalition supporting Yemen’s government carried out airstrikes targeting a shipment of weapons and vehicles destined for southern separatist forces. The shipment arrived in the port of Al-Mukalla on two vessels.
Saudi Arabia has reiterated the only way to bring the southern cause to a resolution is through dialogue.
Gulf and Arab countries on Tuesday offered their support for the internationally recognized government in Yemen.