UK and Saudi Arabia ‘natural partners’ in innovation and tech

Peter Kyle, the UK’s Secretary of State for Science, Innovation, and Technology visiting the King Faisal Specialist Hospital & Research Center during his trip to Saudi Arabia. (@KFSHRC X account)
Short Url
Updated 20 February 2025
Follow

UK and Saudi Arabia ‘natural partners’ in innovation and tech

  • Peter Kyle, Britain’s science minister, says collaboration with the Kingdom will help both countries benefit from AI advances
  • Tells Asharq Al-Awsat newspaper that demand for clean energy is ‘massive shared opportunity’

LONDON: The UK plans to deepen its relationship with Saudi Arabia in the areas of innovation and technology, a UK government minister said during a visit to the Kingdom.

Bringing together expertise from the two countries will help them both benefit from the rapid advances in new technologies, the UK’s Secretary of State for Science, Innovation, and Technology Peter Kyle told Asharq Al-Awsat newspaper.

The UK wants “to continue to work closely with Saudi Arabia to bring together our science and tech expertise so we can ensure potentially game-changing innovations can benefit both our nations,” Kyle said in the interview published on Thursday.

“The UK and Saudi Arabia are natural partners in these areas, with shared ambitions when it comes to both innovation and our strengths in science and technology. Right across the world, breakthrough technologies like AI, quantum, and engineering biology are starting to transform our economies and societies.”

Kyle said the UK and Saudi Arabia were also working together on clean energy and hydrogen technologies after they launched a joint energy partnership in January 2022.

The agreement was strengthened by a visit in December to Riyadh by the British Prime Minister Sir Keir Starmer. 

During the trip, the UK and Saudi Arabia signed agreements covering environmentally-sustainable advanced materials and hydrogen.

“We have made becoming a clean energy superpower one of our key government missions, and the growing demand for clean energy is a massive shared opportunity — for growth, for green jobs, and for enhanced energy security,” Kyle said.

“By further building the commercial and investment ties between our two countries, we can drive research and innovation and build the skills we need to continue the net-zero transition — benefitting us all.”

During his visit to the Kingdom, the minister went to the King Faisal Specialist Hospital & Research Center and met the medics who carried out the first robotic heart transplant in January.

He also visited King Abdulaziz City for Science and Technology.


Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference

Updated 03 February 2026
Follow

Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference

  • Event on Feb. 8 and 9 will bring together ministers, governors of central banks, policymakers, economic experts and international financial institutions
  • Emerging-market economies a ‘pivotal element’ in global economic system due to effect they have on growth and stability, says Saudi Finance Minister Mohammed Al-Jadaan

RIYADH: The second annual AlUla Conference for Emerging Market Economies, which Saudi Arabia will host next week, offers a platform to exchange views on global developments and discuss policies and reforms that support inclusive growth and strengthen economic resilience, the Kingdom’s finance minister said.

The event on Feb. 8 and 9 will bring together finance ministers, governors of central banks and policymakers, alongside economic experts and representatives of international financial institutions.

Organized by the Saudi Ministry of Finance in partnership with the International Monetary Fund, it takes place as emerging-market economies face mounting challenges amid rapid global economic change.

Finance Minister Mohammed Al-Jadaan said the decision to host the conference reflects Saudi Arabia’s ongoing commitment to efforts that support global financial and economic stability, and highlights the growing influence of emerging economies on worldwide growth.

Emerging-market economies represent a “pivotal element” in the global economic system due to the direct impact they have on economic growth and stability, he added.

“The AlUla Conference for Emerging Market Economies provides a unique platform for exchanging views on global economic developments, and discussing policies and reforms that will support inclusive growth and enhance economic resilience, in light of broader international cooperation that contributes to confronting common challenges,” Al-Jadaan said.

Kristalina Georgieva, managing director of the IMF, said the event would help emerging economies deal with growing uncertainty driven by technological change, demographic shifts and geopolitical tensions.

“The AlUla conference provides a vital platform for emerging economies to discuss how they can navigate the risks and embrace the opportunities ahead,” she said.

“In these times of sweeping transformations in the global economy, policymakers face a more challenging and uncertain environment. Countries should work together to strengthen resilience through sound macroeconomic and financial policies.”