Alswaha: Kingdom Leads Transformation Toward Innovation-Driven Economy With Groundbreaking Achievements In AI, Technology

Alswaha: Kingdom Leads Transformation toward Innovation-Driven Economy with Groundbreaking Achievements in AI, Technology

Davos, January (پاکستان پوائنٹ نیوز ‎‎‎ 24 كانون الثاني 2025ء) The minister said that the current economic transformations present an unprecedented opportunity to enhance international cooperation and build an inclusive and sustainable future based on AI to serve humanity.

Alswaha’s remarks came during a panel session titled, "Economic Transformations in the Kingdom" at the Annual Meeting of the World Economic Forum in Davos, where he explained that success in the age of AI requires a combination of realistic optimism and a focus on fundamentals.

He emphasized that the Kingdom has established an advanced digital infrastructure that has contributed to attracting investments exceeding $10.6 billion in cloud computing from major global companies such as Amazon, microsoft, and Google.

He also said the Kingdom has made significant strides in empowering digital talents under Saudi Vision 2030, thanks to the country’s leadership, adding that the participation of women in the technology sector has increased from 7% to 35%, and the number of people working in technology has doubled to reach 381,000 talented individuals.