Saudi Arabia ranks 5th worldwide in AI sector growth, leads Arab nations 

The Kingdom aims to position itself as a technological hub by the end of this decade as it continues its economic diversification efforts. Shutterstock
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Updated 08 December 2025
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Saudi Arabia ranks 5th worldwide in AI sector growth, leads Arab nations 

RIYADH: Saudi Arabia has secured the fifth rank globally and first in the Arab region for growth in the artificial intelligence sector, the Saudi Press Agency reported, citing data from Global AI Index. 

According to the report, this development underscores the Kingdom’s progress in AI, reflecting the success of Saudi Arabia’s development plans and its ability to achieve high international competitiveness under its economic diversification strategy Vision 2030. 

The Kingdom aims to position itself as a technological hub by the end of this decade as it continues its economic diversification efforts, reducing its reliance on crude oil revenues. 

In November, a survey report released by KPMG also highlighted Saudi Arabia’s progress in the technological sector. 

It noted that 84 percent of CEOs in the Kingdom are ready to deploy AI responsibly, well above the global benchmark of 76 percent, supported by the country’s data governance ecosystem, including national initiatives led by the Saudi Data and Artificial Intelligence Authority. 

“During the period measured by the Global AI Index, Saudi Arabia launched a wide range of national initiatives led by SDAIA. These initiatives strengthened Saudi Arabia’s position on the index,” said SPA. 

SDAIA’s initiatives during the period included multiple projects, particularly the Rowad Package initiative, which empowers entrepreneurs and startups to authenticate customer data through electronic linkage to the National Information Center’s databases. 

The authority also launched the AI Ethics Incentive Badges initiative to raise awareness of ethical practices and promote the responsible use of technologies.

This initiative offers a comprehensive framework to help organizations and developers align with global best practices.

SPA added that over 50 accreditation certificates have been granted to national AI companies for developing AI-based products serving priority sectors in the Kingdom. 

The Gaia generative AI accelerator, backed by SDAIA and the National Technology Development Program with New Native as a partner, is also accelerating startup development, enabling new companies to launch and scale more effectively.

“These efforts also extended to the SDAIA Academy, which has focused on building national capabilities and empowering young talent through advanced training programs in data and AI, offered in partnership with international organizations,” reported SPA. 

It added that SDAIA Academy has trained over 1 million Saudis in data and AI skills through the SAMAI initiative, carried out in partnership with various government entities.

This training program is considered one of the world’s largest, targeting the general population.

“These achievements highlight SDAIA’s success in the field of data and AI, both nationally and internationally. They reinforce its role as the Kingdom’s central authority for regulation, development, and application, and advance the nation toward leadership in data- and AI-driven economies,” concluded SPA. 

In October, Humain, an AI company owned by Saudi Arabia’s Public Investment Fund, partnered with AirTrunk, which is backed by BlackRock and the Canada Pension Plan Investment Board, to develop hyperscale data centers in the Kingdom.

The first phase of the collaboration includes an estimated $3 billion investment to build a major data-center campus in Saudi Arabia, according to a press statement.


Egypt’s Suez Canal revenues reach $2bn in 5 months, up 17.5% YoY 

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Egypt’s Suez Canal revenues reach $2bn in 5 months, up 17.5% YoY 

RIYADH: Egypt’s Suez Canal recorded revenues of $1.97 billion from 5,874 ship transits since the beginning of July, marking a 17.5 percent year-on-year increase, Suez Canal Authority Chairman Osama Rabie said during a meeting with a delegation from the International Monetary Fund. 

This comes in line with Egyptian Prime Minister Mostafa Madbouly’s statement last October that shipping traffic through the Suez Canal — one of the world’s most important maritime arteries — would return to normal within three months following the peace agreement and ceasefire in Gaza.  

It also aligns with Rabie’s comments in an interview with Asharq Bloomberg at the end of last month, in which he predicted that total revenues for the current year would exceed $4 billion, slightly higher than 2024 figures, with a gradual increase expected beginning next fiscal year.  

Suez Canal revenues to reach $10 bn  

Rabie further forecast that the canal’s revenues would improve during the 2026/2027 fiscal year to around $8 billion, rising to approximately $10 billion the following year, according to a statement issued by the Suez Canal Authority. 

The canal generated a total of $40 billion between 2019 and 2024 and remains the country’s most important source of foreign currency.  

The IMF recently projected that Suez Canal revenues would begin to recover during the current fiscal year, with a gradual increase expected to reach $11.9 billion by fiscal year 2029/2030 as tensions in the Red Sea subside. 

Rabie noted in a previous interview with Asharq Bloomberg that vessel traffic has shown steady improvement following the agreement to end the war in Gaza, adding that shipping companies are eager to resume transiting the canal.  

French shipping company CMA CGM recently conducted a trial transit of two large cargo vessels through the Suez Canal from Bab-el-Mandeb — a move Rabie said is likely to encourage other major shipping lines to return to the route.