US Chamber of Commerce official discusses US-Saudi collaboration on AI policy

US Chamber of Commerce official discusses US-Saudi collaboration on AI policy
Steve Lutes, vice president for Middle East affairs at the US Chamber of Commerce, is pictured at the LEAP technology conference in Riyadh on Sunday. (AN photo)
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Updated 10 February 2025
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US Chamber of Commerce official discusses US-Saudi collaboration on AI policy

US Chamber of Commerce official discusses US-Saudi collaboration on AI policy
  • Kingdom maintains open-door approach with US business group, says Steve Lutes
  • Strong regulatory framework will inspire investor confidence, promote innovation

RIYADH: As Saudi Arabia accelerates its adoption of artificial intelligence, a strong regulatory framework is emerging as a key driver of US-Saudi collaboration.

In an exclusive interview with Arab News on the sidelines of the LEAP 2025 technology conference, Steve Lutes, vice president for Middle East affairs at the US Chamber of Commerce, stressed the importance of implementing clear policies that inspire investor confidence.

“One thing that’s always at the core is to have the policy and regulatory environment that is going to give confidence and clarity to investors, risk-takers, and innovators,” Lutes said.

He added that Saudi Arabia maintains an open-door policy in working with the US Chamber and industry leaders to shape its regulatory framework.

“This will catalyze finance and fuel more investment, bring more innovation, and strengthen partnerships between the United States and Saudi Arabia in AI and across the broader economy,” he said.

Saudi Arabia recently announced plans to expand its trade and investment ties with the US to at least $600 billion over the next four years, according to the Saudi Press Agency.

Crown Prince Mohammed bin Salman outlined the Kingdom’s strategy during a phone conversation with US President Donald Trump.

Lutes pointed to Saudi Arabia’s young, tech-savvy workforce as a key factor in advancing AI under Vision 2030.

“Saudi is a young country, and you have a young workforce that is embracing technology and wants to be right there, whether in the private sector or government, leading the way on technology innovation and adaptation,” he said.

He underscored that talent development, alongside a robust regulatory framework, will be critical in fostering AI innovation and scaling businesses in Saudi Arabia.

Ensuring Saudi Arabia has access to cutting-edge US technology is also a priority, Lutes noted, emphasizing that this access is essential for the Kingdom’s innovation ecosystem.

“It’s one of the things that we would put toward the top of the list,” he said, referring to high-performance AI hardware such as Nvidia’s advanced chips.

While acknowledging the importance of security measures, Lutes emphasized the need to balance protection with cooperation.

“Yes, we want to protect and make sure that the right measures are in place, but it’s absolutely critical that our strategic allies, like the Kingdom of Saudi Arabia, have access to and the ability to tap into US technology.”

He emphasized the broader economic implications of this access, noting that US companies are already playing a significant role in Saudi Arabia’s AI-driven transformation.

“What’s going on here in the Kingdom is very important to our economic relationship in the United States and to the US companies that are already here, doing incredible things,” he said.

“We want to see that only grow, deepen, and create more jobs, more investment, more innovation, and more opportunities to strengthen the US-Saudi relationship.”

Lutes expressed optimism about the future of US-Saudi AI collaboration, highlighting the role of diplomacy in achieving shared goals.

“I’m an optimist, and I believe we will get to a good place in terms of that policy,” he said.

He added that efforts should focus on ensuring everything is fueled and catalyzed to accelerate partnerships between the US and the Kingdom, with the private sector leading the way.


Saudi, Pakistani entrepreneurs honored for contributions to Vision 2030 at Riyadh event

Saudi, Pakistani entrepreneurs honored for contributions to Vision 2030 at Riyadh event
Updated 23 March 2025
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Saudi, Pakistani entrepreneurs honored for contributions to Vision 2030 at Riyadh event

Saudi, Pakistani entrepreneurs honored for contributions to Vision 2030 at Riyadh event
  • The organization aims to unite Saudi entrepreneurs and professionals with the Pakistani diaspora, fostering entrepreneurship, networking, and mentorship for youth while supporting Vision 2030

RIYADH: The Pakistani Executive Organization for Promotion of Leadership and Entrepreneurship, or PEOPLE, hosted a sahoor and award ceremony in Riyadh to honor outstanding Saudi and Pakistani entrepreneurs, executives, and business leaders for their contributions to Saudi Vision 2030 through their respective professions.

The event highlighted the growing collaboration between Saudis and the Pakistani diaspora in trade, investment, and other sectors, with participants expressing optimism for further strengthening of these ties.

Arab News Editor-in-Chief Faisal J. Abbas recognized the value of PEOPLE as an entrepreneurial platform. (Supplied)

The ceremony was attended by Princess Nourah Al-Faisal Al-Saud and other Saudi dignitaries, including Assistant Minister of Investment Ibrahim Al-Mubarak, and Esra Assery of the Ministry of Media, alongside prominent Pakistani professionals and executives.

Awards were presented to individuals who significantly contributed to Saudi Arabia’s economic progress through their professional achievements.

HIGHLIGHT

The event was attended by Princess Nourah Al-Faisal Al-Saud and other Saudi dignitaries, including Assistant Minister of Investment Ibrahim Al-Mubarak, Esra Assery of the Ministry of Media, and Arab News Editor-in-Chief Faisal J. Abbas, alongside prominent Pakistani professionals and executives.

Mehmood Khan, chairman of PEOPLE, and Kashif Khan, president of PEOPLE, emphasized Saudi Arabia’s rapid economic growth and the vast opportunities available for Pakistani professionals in the Kingdom.

The organization aims to unite Saudi entrepreneurs and professionals with the Pakistani diaspora, fostering entrepreneurship, networking, and mentorship for youth while supporting Vision 2030.

Princess Nourah praised the strong ties between the two countries. She emphasized their expanding trade and investment links and highlighted the benefits of shared experiences between individuals from both nations.

Majid Mufti, CEO of NEOM Investment Fund, underscored the significance of this partnership between the two communities.

Arab News Editor-in-Chief Faisal J. Abbas recognized the value of PEOPLE as an entrepreneurial platform.

The event was jointly hosted by PEOPLE and Key Facilities Management Saudia.

Junaid Khan, CEO of Key Facilities Management Saudia, stressed the importance for him of giving back to Saudi Arabia in return for its support of his rapid professional growth.

He also highlighted the vast opportunities in facilities management and the increasing demand expected in the coming years.

Atif Khurshid Khan, senior adviser at the Ministry of Human Resources and Social Development, spoke about the transformative changes in Saudi Arabia and the unparalleled opportunities available for Pakistanis and international entrepreneurs to contribute to Vision 2030.

The event concluded with both sides reaffirming their commitment to exploring new partnerships and strengthening the foundations of mutual respect and cooperation.

The recognition of professionals from both countries served as a testament to the enduring bond between Saudi Arabia and Pakistan, united by a shared vision for progress and prosperity.

 


Madinah governor visits Islamic Arts Biennale in Jeddah

Madinah governor visits Islamic Arts Biennale in Jeddah
Updated 23 March 2025
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Madinah governor visits Islamic Arts Biennale in Jeddah

Madinah governor visits Islamic Arts Biennale in Jeddah
  • Prince Salman commended the Diriyah Biennale Foundation for its efforts in highlighting the richness of Islamic civilization

MADINAH: Madinah Gov. Prince Salman bin Sultan bin Abdulaziz recently visited the Islamic Arts Biennale at the Western Hajj Terminal of King Abdulaziz International Airport in Jeddah.

During his tour, the governor was briefed on the exhibition, which showcases over 500 historical and contemporary artworks displayed across more than 100,000 square meters, Saudi Press Agency reported.

Prince Salman commended the Diriyah Biennale Foundation for its efforts in highlighting the richness of Islamic civilization and its artistic and cultural contributions throughout history.

 


Saudi Arabia pushes for global water cooperation

Saudi Arabia pushes for global water cooperation
Updated 23 March 2025
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Saudi Arabia pushes for global water cooperation

Saudi Arabia pushes for global water cooperation
  • Minister outlines Kingdom’s strategies to combat water scarcity; KSrelief’s global efforts reach millions with clean water projects

RIYADH: Saudi Arabia highlighted the importance of strengthening international cooperation in the water sector to address global challenges, emphasizing the need for integrated water resources management to ensure sustainability, overcome water scarcity, and develop resources.

Abdulaziz Al-Shaibani, deputy minister for water at the Ministry of Environment, Water and Agriculture, said that Vision 2030 prioritizes water sustainability as a key pillar of national development, the Saudi Press Agency reported.

At the “Value of Water Community” forum in Rome, Al-Shaibani noted that, due to the Kingdom’s natural water scarcity, strategies have been implemented to improve efficiency, balance supply and demand, and ensure long-term sustainability.

The forum addressed Italy’s water challenges, including climate change, declining groundwater levels, and the need for advanced technologies to sustain water resources.

Al-Shaibani outlined the National Water Strategy 2030, focusing on developing alternative water sources, reducing dependence on non-renewable groundwater, enhancing desalination, improving distribution networks, and minimizing water loss.

He also highlighted Saudi Arabia’s global efforts in water, including participation in initiatives like the G20 and collaboration with UN organizations.

Al-Shaibani emphasized investment opportunities in the Saudi water sector, especially in private sector partnerships, advanced technologies, and contributions to research and infrastructure development.

On World Water Day, observed on March 22, Saudi Arabia is recognized as the world’s largest water producer and a leader in water innovation, using artificial intelligence in desalination to improve efficiency and reduce environmental impact, according to SPA.

Technologies based on palm trees are also being developed to fight erosion and extend water infrastructure. These innovations strengthen the Kingdom’s position as a global water technology hub, showcasing its commitment to sustainability, climate change adaptation, and environmental protection.

The Saudi Water Authority, in collaboration with all water sector stakeholders, is redefining sustainable water management to maintain the Kingdom’s leadership in efficient water resource management despite scarcity.

The authority oversees the daily production of approximately 15 million cubic meters of water, which is distributed across 14,000 km of pipelines to 135,000 km of networks throughout the Kingdom.

KSrelief has supported water and sanitation sectors in affected countries, implementing 105 water-related projects worth over $301 million across 16 nations to create safe environments and enhance water security.

Yemen is the largest beneficiary, with 46 projects totaling more than $238 million, including drinking water distribution, well drilling, and improving access to water and sanitation in healthcare centers.

In Syria, KSrelief has completed four projects to improve water security, including emergency services for earthquake victims, establishing water purification stations, and rehabilitating water stations and waste management systems in Idlib.

KSrelief has also implemented five major projects in Sudan, benefiting nearly six million people, including the drilling of 33 medium-depth wells.

In Mali, KSrelief has drilled 250 shallow and 15 medium-depth wells, and 52 wells in Ghana, providing clean water, reducing waterborne diseases, and supporting agriculture and livestock.

KSrelief recently signed a joint agreement with the UN Development Programme to assist Gaza’s water and sanitation sector, benefiting one million people.

The agency’s projects extend to Iraq, Somalia, Pakistan, Afghanistan, Myanmar, and Niger, aiming to improve water security and sustainability, reflecting Saudi Arabia’s commitment to addressing global water challenges for future generations.


Saudi FM arrives in Cairo to chair meeting of Ministerial Committee on Gaza

Saudi FM arrives in Cairo to chair meeting of Ministerial Committee on Gaza
Updated 23 March 2025
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Saudi FM arrives in Cairo to chair meeting of Ministerial Committee on Gaza

Saudi FM arrives in Cairo to chair meeting of Ministerial Committee on Gaza
  • Meeting will also be attended by EU foreign policy chief Kaya Kallas

CAIRO: Saudi Arabia's foreign minister Prince Faisal bin Farhan arrived in Cairo on Sunday to chair a meeting of the Ministerial Committee on Gaza.

The meeting has been assigned by the Extraordinary Joint Arab and Islamic Summit on developments in the Gaza Strip, the Saudi Press Agency reported. 

It will also be attended by Kaya Kallas, High Representative of the European Union for Foreign Affairs and Security Policy and Vice-President of the European Commission, to discuss the latest developments in the enclave amid the Israel-Hamas conflict.


KSrelief provides aid to Syria, Sudan, Lebanon

KSrelief provides aid to Syria, Sudan, Lebanon
Updated 23 March 2025
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KSrelief provides aid to Syria, Sudan, Lebanon

KSrelief provides aid to Syria, Sudan, Lebanon

RIYADH: Saudi aid agency KSrelief has delivered thousands of food packages to some of the world’s most vulnerable people, the Saudi Press Agency reported on Sunday.

KSrelief distributed 143 packages to families in need in Qatana city in Rif Dimashq governorate — as part of the Etaam Ramadan Food Basket Project — in the Syrian Arab Republic.

KSrelief also provided 259 food baskets to families in Shinshar village in the Homs governorate, benefiting 974 individuals.

The Etaam project, which is now in its fourth phase, aims to distribute more than 390,000 food parcels in 27 countries during Ramadan, benefiting 2.3 million people at a cost of more than SR67 million ($17.8 million).

In addition, some 430 food packages were distributed in Port Sudan, benefiting 2,395 needy and displaced people in that country.

KSrelief also distributed 800 shopping vouchers and 500 food baskets in Akkar governorate, northern Lebanon, helping 3,300 individuals.