Jamal Banoon’s book to guide new generation of Saudi economic journalists

Jamal Banoon is a prominent veteran business correspondent specializing in economic and business reporting in the Kingdom. (Supplied)
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Updated 15 November 2025
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Jamal Banoon’s book to guide new generation of Saudi economic journalists

  • Author aims to provide journalists with practical tools and insights to master and advance their skills

RIYADH: Jamal Banoon’s new book, “The Truth Behind the Numbers,” aims to guide economic journalists in the Kingdom in times of transformation. 

The book was accredited this week by the Higher Economic Council of the International Union for Press and Media as an official training curriculum.

The author aims to provide journalists with practical tools and insights to master and advance their skills in economic reporting. It delves into advice about data analysis, understanding global economic shifts, and how to deliver that news effectively. Banoon’s book reflects his goal to transform business journalists from mere reporters into a workforce that can analyze complexity, context and statistics in economics. 

The book addresses under-discussed themes in economic journalism, such as the importance of connecting economic issues to people’s lives and paying close attention to the threat of misinformation. 

Banoon is a prominent veteran business correspondent, with more than 40 years of experience, specializing in economic and business reporting in the Kingdom. 

Through his experience, he has seen economic journalism bloom in the Kingdom for years: “After more than 40 years in economic journalism, I felt there was a pressing need to document this experience and present it systematically to the new generation,” Banoon told Arab News. 




The Truth Behind the Numbers,’  was accredited by The Higher Economic Council of the International Union for Press and Media as an official training curriculum, aims to guide economic journalists in the Kingdom. (Supplied)

His work, in alignment with his book, has emphasized the need for economic journalists to play crucial roles in translating numbers, indicators and financial trends to the public. Given his mission to educate and aid aspiring journalists to perfect these skills, his work becomes increasingly important as the Kingdom undergoes fast change and evolution as it pursues Vision 2030. 

“I was inspired by the constant challenge journalists face in understanding and simplifying numbers for the public ... The biggest gap lies in simplifying without compromising accuracy. Many economic reports are written in highly technical language that the general public struggles to understand, or they are oversimplified to the point of distortion,” he said. 

“This book seeks to bridge that gap by offering tools and methods that enable journalists to translate economic complexity into accessible, meaningful content — without losing depth or credibility.”

On the importance of publishing the book in the current climate, Banoon said: “Saudi Arabia is witnessing remarkable progress in business reporting, especially amid the major economic transformations driven by Vision 2030. There is growing interest among media institutions in strengthening economic coverage, but we still need more specialization, training and development of analytical content.” 

Banoon’s book, in addition to being a fundamental tool, reflects what he calls “the fast-paced dynamics of the Saudi economy.” As the Kingdom expands its horizons to welcome being a global business hub, the media landscape is catching up to echo that change. 

Sidebar advice: 
“I consider the chapter ‘Verifying Economic Sources’ to be one of the most important for young journalists.”
“Credibility begins with accuracy — with the ability to distinguish between reliable and misleading data.”
“I advise them to combine professional curiosity with disciplined knowledge.”
“It’s not enough to report the news — you must understand the economic context surrounding it.”
“Learn how to read financial reports, how to ask the right questions to experts, and how to build a reliable network of sources.”
“Most importantly, never stop learning; the economic world is constantly changing, and successful journalists are those who keep pace with this change with awareness and skill.”


‘AI is here, now what?’ Arab News unveils report on future of media ahead of Bridge Summit

Updated 07 December 2025
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‘AI is here, now what?’ Arab News unveils report on future of media ahead of Bridge Summit

  • As the Bridge Summit opens in Abu Dhabi, Arab News releases a landmark report on how AI is transforming media in the MENA region
  • Based on a high-level roundtable at the Dubai Future Forum, the new report highlights both the opportunities and risks facing Arab media

DUBAI: As the Bridge Summit kicks off in Abu Dhabi on Monday, bringing together global leaders to explore the future of media, entertainment, and the creative economy, Arab News has launched a timely report on how artificial intelligence is transforming the media industry in the Middle East and beyond.

The report, produced by the Arab News Research and Studies Unit following a high-level roundtable at the Dubai Future Forum, captures the urgency and complexity of AI adoption in the media industry of the Middle East and North Africa region.

It explores how AI is transforming newsroom operations, redefining journalistic roles, and raising critical questions around credibility, accuracy, and trust amid rapid technological disruption.

AI is no longer an emerging trend in the Middle East — it is a central force reshaping economies, governance and public communication.

Journalists watch an introductory video by the 'artificial intelligence' anchor Fedha on the twitter account of Kuwait News service, in Kuwait City on April 9, 2023. (AFP file photo)

With AI projected to contribute $320 billion to the regional economy by 2030, including more than $135 billion to Saudi Arabia’s gross domestic product and nearly $96 billion to the UAE’s, governments and industries are racing to integrate it.

But, for the region’s news media, AI represents something deeper than economic potential: a direct challenge to the foundations of credibility, trust and fact-based reporting.

Such were the questions that set the stage for the roundtable hosted and moderated by Arab News’ Deputy Editor-in-Chief Noor Nugali in collaboration with the Dubai Future Foundation, where editors, media executives and tech specialists convened to confront an industry experiencing one of the most dramatic transformations in its history.

Arab News held a roundtable on the sidelines of the Dubai Future Forum. (AN photo)

The result is an exhaustive and insightful report, which offers both optimism and unease as AI’s looming presence weaves into daily newsroom operations, just as the guardrails needed to protect journalism from misinformation, bias and opacity remain dangerously underdeveloped.

“AI is here and it’s transforming our newsroom,” said Mina Al-Oraibi, editor in chief of the UAE’s leading daily The National, as she described how her team recently held a full-newsroom AI workshop to generate internal use cases.

“We got 26 ideas that we’re working through so people don’t feel this is something imposed,” she said. “They need to feel they’re ahead of the curve rather than being eaten up by it.”

Across the region, that curve is moving quickly. Globally, 81 percent of journalists now use AI tools during their general work, while nearly half do so daily.

However, reporters admit they rely on it mostly to handle mundane, time-consuming tasks such as transcribing interviews, summarizing reports, and translating documents.

Nabeel Al-Khatib, general manager of Asharq News, explained how the shift has already redefined newsroom economics.

“A newsroom of 50 can now publish the equivalent of what 500 once could,” he said. However, although “machines will take over the production line,” he argued that “human oversight must remain to ensure accuracy, context and editorial standards.”

For many newsrooms, the advent of generative AI — machines creating new original content — has created valuable efficiencies, freeing journalists to spend more time verifying and reporting, which are tasks no machine can yet replace.

US President Donald Trump is shown praying in this AI-generated image. Media experts worry that differentiating between true and fake pictures is becoming difficult. 

However, several speakers stressed that the value of AI depends entirely on how intentionally it is used.

“We believe it’s human first, human last,” said Nayla Tueni, editor in chief of Lebanese daily An-Nahar. “We need to always fact-check everything. But at the same time, we need to use all the tools.”

For Tueni, transformation is not optional. “I don’t think journalism will end,” she said. However, if outlets “don’t transform, they cannot continue because the world is transforming every second.”

Accessing revenue streams is also a concern. Elda Choucair, CEO of Omnicom Media Group MENA, said “the biggest danger is … if you don’t have content that you advertise around.”

The region’s audiences appear more comfortable with AI-enhanced content than those in Western markets. But even as opportunities expand, risks multiply. AI-generated misinformation has surged so dramatically that the World Economic Forum ranked it the top global short-term threat for the second year in a row.

A BBC-led audit of four major AI systems found that nearly half of AI-generated answers contained significant errors, fabricated details or incorrect sourcing.

This AI-generated image shows US President Donald Trump being arrested by the police. Media experts worry that differentiating between true and fake pictures is becoming difficult. 

“It’s already very difficult to differentiate between the (true) and the fake,” said Choucair. “We need to create awareness that sometimes, if you really want the truth, you’ve got to wait.”

At a time when 70 percent of global audiences say they struggle to trust online content, speakers warned that the misuse or undisclosed use of AI could deepen a crisis of confidence.

“The machine should be a slave to human beings,” advertising media mogul Pierre Choueiri said, adding: “This is where governments, or regulations, should come in.”

However, regulation in the region remains elusive. While Saudi Arabia has taken major steps, including the establishment of the Saudi Data & AI Authority and the Kingdom’s Generative AI Guidelines, efforts remain far from the comprehensive frameworks seen in Europe.

“It’s inconceivable that Arab consumers are left to face significant risks with no regulatory shield,” said media strategist and legal expert Mazen Hayek. He argued that the region needs its own protections, like the EU’s General Data Protection Regulation, to ensure transparency, safeguard data and hold AI providers accountable.

For Hayek and others, the deeper problem involves technological sovereignty. Nearly all of the AI platforms used in the Middle East today — from search engines to large language models — are built and controlled abroad, often trained on datasets that do not reflect the region’s linguistic, cultural or political realities.

“We live in a region that has zero control over the platforms and the technology that we consume,” Hayek said. “Someone needs to create a platform that empowers the region to create and distribute its own content.”

Julien Hawari, CEO of the emerging social media platform Million, said the main issue is integrity. “That has been a problem for as long as we can think of.”

Rashid Al-Marri, CEO of the Media Regulation Sector at the Dubai Media Council, explained that “there has to be that human element understanding (the content) and what’s happening and being able to come out and speak and get the truth out there.”

Saudi Arabia’s push toward sovereign AI infrastructure, including Public Investment Fund-backed HUMAIN and the $100 billion Project Transcendence, was cited as a step in the right direction. However, roundtable participants warned that unless the region accelerates these efforts, it risks ceding its information future to external algorithms and foreign companies.

The human-capital gap is equally pressing. Despite widespread adoption, most journalists using AI have received little or no training. Many rely on self-learning or online tutorials, and nearly eight in 10 work in newsrooms without formal AI policies.

This lack of structure has created an environment where AI is widely deployed but rarely governed.

For CAMB.AI co-founder Avneesh Prakash, the solution requires both precaution and empowerment. “Like any innovation, AI needs to be regulated,” he said. “Just as a car has an accelerator and a brake, AI must include a kill switch because it requires human judgment, human creativity and human resilience.”

Despite the risks, the discussion ended on a note of guarded optimism. Participants agreed that AI can help rebuild journalism for a digital era — but only if newsrooms combine innovation with rigorous editorial oversight, transparency and a renewed commitment to verification.

Mamoon Sbeih, regional president of advertising firm APCO, offered a clear warning of what lies ahead. AI, he said, “might help the journalism industry progress and redefine itself, or it might expedite its demise.”

For now, the region’s media leaders remain determined to pursue the first path — ensuring that even as machines play a growing role in production, the values that define journalism remain firmly, unmistakably human.