Saudi FM meets Spanish counterpart in Luxembourg

Prince Faisal bin Farhan holds talks with Jose Manuel Albares in Luxembourg. (SPA)
Prince Faisal bin Farhan holds talks with Jose Manuel Albares in Luxembourg. (SPA)
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Updated 22 April 2024
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Saudi FM meets Spanish counterpart in Luxembourg

Prince Faisal bin Farhan holds talks with Jose Manuel Albares in Luxembourg. (SPA)
  • he two ministers discussed relations between their countries, as well as regional and international issues of common interest, including developments in the Gaza Strip

RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan met his Spanish counterpart, Jose Manuel Albares, at the high-level forum on regional security and cooperation between the Gulf Cooperation Council and the EU.

During the meeting on Monday, the two ministers discussed relations between their countries, as well as regional and international issues of common interest, including developments in the Gaza Strip, the Saudi Foreign Ministry reported.

Khaled Al-Jandan, Saudi ambassador to Belgium and Luxembourg; Haifa Al-Jedea, Saudi ambassador and head of mission to the EU; and Manal Radwan, adviser at the ministry, were also present.

 


Saudi Arabia tops G20 Safety Index, GASTAT report says

Saudi Arabia tops G20 Safety Index, GASTAT report says
Updated 48 sec ago
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Saudi Arabia tops G20 Safety Index, GASTAT report says

Saudi Arabia tops G20 Safety Index, GASTAT report says

RIYADH: Saudi Arabia has ranked first among G20 countries in public safety perception, with 92.6 percent of the Kingdom’s population feeling safe walking alone at night in their residential areas, according to the 2023 Safety Index Publication issued by the General Authority for Statistics.

The data, drawn from the Global Sustainable Development Goals Indicators Database, highlights the effectiveness of government initiatives aimed at enhancing security and quality of life across the country, the Saudi Press Agency reported.

GASTAT said the results reflected the contributions of various government sectors in ensuring the safety of individuals across all regions and governorates.

Saudi Arabia’s ranking aligned with its broader efforts as part of the Saudi Vision 2030 to enhance stability and well-being across multiple domains, including economic, food, environmental, health, social, political, intellectual, technological, and cybersecurity safety, SPA added.

The Safety Index Publication was a key outcome of the 2023 Household Socio-Economic Survey, which assessed various aspects of economic and social life in Saudi Arabia, including residents’ perceptions of safety in their local communities.


Saudi Arabia’s real estate giant ROSHN using AI to enhance efficiency, improve services

Pablo Sanz, Executive Director of Digital Products at ROSHN Group speaks to Arab News at LEAP 2025. (AN photo)
Pablo Sanz, Executive Director of Digital Products at ROSHN Group speaks to Arab News at LEAP 2025. (AN photo)
Updated 11 February 2025
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Saudi Arabia’s real estate giant ROSHN using AI to enhance efficiency, improve services

Pablo Sanz, Executive Director of Digital Products at ROSHN Group speaks to Arab News at LEAP 2025. (AN photo)
  • Technology helps build 3D models, automate procurement, executive says
  • State-owned developer has plans to build fully integrated communities in 9 cities

RIYADH: State-owned property developer ROSHN said it is using artificial intelligence across its operations to enhance efficiency, improve the customer experience and support its sustainability efforts.

Speaking to Arab News on the sidelines of the LEAP 2025 technology conference in Riyadh, Pablo Sanz, executive director of digital products, said: “We are deploying multiple AI agents … so we can serve you better or we can solve your problems in a more convenient way.”

The move was part of the company’s broader strategy to simplify processes and improve accessibility, to assist customers with purchases, moving in and managing services, he said.

Sanz said AI-powered tools were being used to create 3D models of buildings, automate the procurement process, streamline construction, reduce waste, improve efficiency and analyze data on real estate markets.

ROSHN recently partnered with Google Cloud to enhance its AI capabilities. The collaboration is designed to improve data-driven decision making and ensure the company’s developments align with the goals of Saudi Vision 2030 for smart and sustainable cities.

“AI is changing how we do a lot of things,” Sanz said. “The human touch is still important, but AI allows us to work faster and make processes more convenient in many areas, from customer interactions to supplier relationships.”

ROSHN has plans to build fully integrated communities in nine cities across the country and is a key player in the Kingdom’s goal to achieve 70 percent home ownership by 2030.

 


Experts weigh improving sustainability while remaining profitable

Experts weigh improving sustainability while remaining profitable
Updated 11 February 2025
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Experts weigh improving sustainability while remaining profitable

Experts weigh improving sustainability while remaining profitable
  • Significant investment needed to meet UN SDGs
  • Sustainable ecosystem, supply chains crucial

RIYADH: Experts at a Riyadh conference have discussed the challenge of improving sustainable practices while remaining profitable.

Javed Akbar, chief governance, risk, insurance and compliance officer at chemical manufacturer Tasnee, spoke to Arab News on the sidelines of the World ESG Summit in Riyadh on Tuesday.

“Balancing itself is a challenge, in terms of achieving economic goals and sustainability development goals,” he said.

“Significant spending” is required to achieve sustainability goals,” Akbar added.

A 2024 UN report found that between $2.5 trillion to $4 trillion needs to be spent annually to meet the organization’s sustainable development goals.

Akbar said businesses that are “primarily for profit” struggle to focus on sustainability.

Another challenge businesses face is the lack of a strong sustainable ecosystem, he said.

For example, some businesses may have positive intentions and want to invest in sustainability goals, but other partners may not share these goals.

Muna Abdulkadir Al-Amer, general manager at Naqaa Solutions for Environmental Services, spoke to Arab News about the financial benefits of sustainability.

When asked about how companies could balance economic growth and environmental protection, she said: “It actually goes hand in hand. We can provide it in a model where it can be profitable as well and has some sort of financial sustainability for the client.”

She highlighted how green practices can be profitable, saying: “When you are recycling, the materials that you are collecting, after they are segregated and cleaned, are worth money.

“When we sell them for the recycling factories, they are worth money and this money goes back to the client.”

However, she added that Naqaa’s primary focus was sustainability and not profitability.

This results in reducing waste and encouraging environmental protection, while “the financial return will go back to you,” Al-Amer said.

Naqaa was founded in 2011 as a university project between Al-Amer and her friends. Soon after the group graduated from Dar Alhekma University in Jeddah, they began receiving clients, including international companies aiming to improve sustainability efforts.

Finally, focusing on economic growth and environmental protection can bring a sense of social responsibility for people toward their societies, as collaborative work can make a difference for the overall ecosystem, Al-Amer said.

“What we are looking for is the social impacts of it there, where they (employees) come to a working environment and they are engaging in a bigger purpose in the organization they work at,” said Al-Amer.


Riyadh unveils comprehensive master plan to coordinate infrastructure works

Riyadh unveils comprehensive master plan to coordinate infrastructure works
Updated 11 February 2025
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Riyadh unveils comprehensive master plan to coordinate infrastructure works

Riyadh unveils comprehensive master plan to coordinate infrastructure works
  • Mayor of Riyadh and Chairman of the Infrastructure Projects Center Prince Faisal bin Ayyaf announced the comprehensive plan
  • Plan puts an end to random and individual works and moves to a new stage that depends on collective planning and prior coordination

RIYADH: Saudi Arabia has launched its first comprehensive master plan to coordinate infrastructure projects in Riyadh for 2025, easing traffic congestion, optimizing spending, and aligning with Vision 2030’s sustainable development goals.

Mayor of Riyadh and Chairman of the Infrastructure Projects Center Prince Faisal bin Ayyaf announced the comprehensive plan, which is part of broader efforts led by the capital’s Infrastructure Projects Center, established by a Cabinet decision in July 2023.

The plan represents a qualitative shift in the region’s development, as it puts an end to random and individual works and moves to a new stage that depends on collective planning and prior coordination.

In a speech during the plan’s review ceremony, Prince Faisal said that it will help in addressing clashes between various projects within the region and arranging priorities, by placing all projects within a unified timetable, which will improve the quality of life for the residents in the capital.

Osama Ghanem Alobaidy, adviser and professor of corporate law at the Institute of Public Administration in Riyadh, told Arab News: “The plan announced by the Riyadh mayor is a welcome move to reduce traffic congestions in the city.

“The increase in the city’s population, infrastructure projects as well as residential, commercial, investment projects, and mega projects have also resulted in traffic congestion.

“This master plan will better manage these problems through the creation of a structured and coordinated system that will allow the authorities to better manage the infrastructure projects around the city and will lead to the easing of traffic congestion. It will also lead to the optimizing of spending efficiency and ensure sustainability of infrastructure projects.”

Prince Faisal hailed the initiative as a transformative milestone for Riyadh. 

He noted that the Infrastructure Projects Center anticipates the urban growth of the city with careful planning, which raises the efficiency of projects and ensures the improvement of services provided to residents and visitors.

The mayor added that infrastructure is vital for any city and raises its capabilities, with Riyadh set to host major global events such as the AFC Asian Cup in 2027, Winter Asian Olympics in 2029, World Expo in 2030, the FIFA World Cup in 2034, and the Asian Games in 2034.

Fahad Al-Badah, CEO of the center, described the plan as a model for national cooperation, developed through a comprehensive engineering methodology. The process involved data collection, integration of planning efforts, and collaboration with over 15 government and service entities.

Al-Badah added that more than 837 plans were reviewed and approved, leading to the restructuring of 1,737 project phases and accumulating over 100,000 work hours. The center also conducted over 80 workshops and automated more than 66,000 pre-coordinated permits for 2025.

Riyadh has evolved from an emerging city into a global economic hub over the years, and is a leading investment destination. Its land area has expanded immensely, and its population has surpassed 7 million.

This rapid growth is reflected in the surge in infrastructure work permits, which have tripled from 50,000 in 2017 to over 150,000 in 2024.

“These figures underscore the city’s accelerated urban and economic expansion,” Al-Badah noted.

He underlined that sustaining this momentum requires adopting global best practices in infrastructure development, aligning with the ambitious goals of Vision 2030.


Industry leaders optimistic about quantum computing breakthroughs in Saudi Arabia

Industry leaders optimistic about quantum computing breakthroughs in Saudi Arabia
Updated 11 February 2025
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Industry leaders optimistic about quantum computing breakthroughs in Saudi Arabia

Industry leaders optimistic about quantum computing breakthroughs in Saudi Arabia
  • Superpowered quantum computers have potential to shape industries, they say during discussion at LEAP tech conference in Riyadh
  • Development of the technology is difficult but Aramco and others are already working to deploy first quantum computer in the Kingdom

RIYADH: As industries across the Kingdom strive to leverage the power of artificial intelligence, the development of quantum computing is expected to drive technological breakthroughs with the ability to shape industries, industry experts predicted on Tuesday.

Quantum computers uses qubits, a basic unit of information, to run multidimensional algorithms, rather than the binary 1s and 0s in traditional computing. This means the machines are more powerful and capable of solving complex problems much faster than traditional computers.

Speaking at the LEAP technology conference in Riyadh during a panel discussion titled “Quantum Leap: The Intersection of Quantum Computing and AI,” Daniela Herrmann, the co-founder of quantum computing platform Dynex, highlighted Saudi Arabia’s progressive efforts in the development of artificial intelligence and painted a positive picture of the country’s future role in the development of quantum computing.

“There is an amazing initiative already in AI, on ethics, and I think the Kingdom could play an enormous role in expanding that … also into quantum (computing),” she said.

“The Kingdom, as it is, is very foresighted and extremely progressive. I do promise myself that the Kingdom would be a fast driver of supporting the movement towards mainstream (quantum computing).”

The use of quantum computing could be particularly beneficial in the health and automotive industries, Herrmann added.

The breakthrough technology is not a new concept for the Kingdom. Last year, for example, Aramco signed an agreement with tech company Pasqal to deploy the country’s first quantum computer. In 2021, King Abdullah University of Science and Technology announced a collaboration with Zapata Computing in the US.

During the panel discussion, Bob Sutor, the CEO of Sutor Group Intelligence and Advisory, stressed the difficulty level of quantum computing development, and cautioned that the future of the technology remains uncertain.

“Quantum computing, on one hand, the science, the engineering, is very, very hard, but it’s also very, very hard to understand the relative quality of them and how quickly they will develop … so the fact is, we don’t quite know when we will have real quantum computers, right, at scale,” he said.

Nevertheless, Sutor said he is hopeful that AI will help “drive the development of the hardware” and added: “I think as we open up the world and we think of quantum networking, quantum communications beyond this, this is where the quantum and AI thing is really going to shock you.”

Reflecting on the present state of quantum computing and what comes next, Hermann said: “It is a fascinating time we are entering into.”

LEAP began on Sunday and concludes on Wednesday. The annual event in Riyadh, which began in 2022, aims to play a critical role in Saudi Arabia’s ambitions to become a global technology hub, in line with the Kingdom’s Vision 2030 plan for national development and diversification of the economy. To that end, Saudi authorities have pledged $100 billion of investment to advance the nation’s tech sector.

LEAP 2025 features more than 680 tech startups, 1,100 speakers, 1,800 technology brands, and more than 170,000 visitors, organizers said.