Saudi fund celebrates cultural innovation at Storytellers event

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The gathering is part of the fund’s efforts to strengthen connections, explore new opportunities and support the sector’s momentum. (Supplied)
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The gathering is part of the fund’s efforts to strengthen connections, explore new opportunities and support the sector’s momentum. (Supplied)
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Updated 22 March 2025
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Saudi fund celebrates cultural innovation at Storytellers event

  • Riyadh gathering highlights new opportunities, fosters Saudi cultural entrepreneurship

Riyadh: The Cultural Development Fund hosted the third annual Storytellers event in Riyadh, bringing together key officials, cultural leaders, entrepreneurs and creators from various cultural fields.

The gathering is part of the fund’s efforts to strengthen connections, explore new opportunities and support the sector’s momentum, according to the Saudi Press Agency.

It featured a keynote by the fund’s CEO, Majed Al-Hugail, followed by remarks from representatives of the Elite Chefs Center, behind the CHEFPreneur program — one of the initiatives supported by the fund.

The program equips aspiring chefs with culinary expertise and entrepreneurial skills to launch their own projects and establish competitive businesses.

The gathering also celebrated 42 graduates of the program who had completed their training.

In line with its commitment to supporting enabled projects, the fund showcased several beneficiary projects, allowing guests to experience their creative offerings firsthand.

The event featured cultural activities aligned with the Year of Handicrafts 2025. Guests took part in traditional crafts like prayer bead-making and henna art, while a special art exhibition showcased works by visual artist and craftswoman Naifah Al-Shahrani.

Inspired by the traditional Al-Qatt Al-Asiri, the exhibition honored the rich heritage of southern Saudi Arabia with vibrant colors and intricate details.

The event aimed to strengthen strategic partnerships with government entities, the private sector and nonprofit organizations to drive sustainable growth in the cultural sector, contributing to economic development and enhancing quality of life.

Nawaf Al-Owain, the fund’s marketing and communication executive director, told Arab News: “This annual gathering is part of the fund’s efforts to foster strong partnerships with key stakeholders and sustain the cultural sector’s momentum.

“It also reflects the fund’s role as a key financial enabler and its commitment to empowering creatives and cultural entrepreneurship.”

He added: “Now in its third year, the event has become a cornerstone of the fund’s outreach efforts, establishing a platform that unites creatives, entrepreneurs and influencers to exchange ideas, share perspectives, and explore collaboration opportunities across cultural and financial sectors.

“By fostering dialogue and collaboration, the fund aims to promote partnerships that drive growth and sustainability in the cultural sector.”


Saudi Arabia designates 2026 the Year of Artificial Intelligence

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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.