Skip to content Skip to Search
Skip navigation

Saudi Arabia sets up centre to research AI ethics

Prince Badr Bin Farhan announced the new AI centre Creative Commons/Unesco/Christelle ALIX
Prince Badr Bin Farhan announced the new AI centre

Saudi Arabia has announced a centre aimed to propel competencies and legislative frameworks in artificial intelligence (AI) and advanced technologies.

The International Centre for Artificial Intelligence Research and Ethics was unveiled by the minister of culture Prince Badr Bin Farhan at the 42nd session of Unesco’s General Conference in Paris on November 11. 

The centre is poised to play a pivotal role in nurturing the growth of technologies, particularly AI, within the kingdom, the Saudi Press Agency reported.

The economic implications of AI are profound, with the potential to contribute $15.7 trillion to the global economy by 2030, according to projections by financial advisory firm PwC. 

For Saudi Arabia, this adds to an estimated $136 billion flowing into the national treasury within the same timeframe. 

The significance of the kingdom’s commitment to AI development is underscored by its top ranking in the government strategy sector of the Global AI Index.

The ranking is attributed to its strategic initiatives such as the National Strategy for Data and AI.

Saudi Arabia has distinguished itself by having a dedicated government authority specifically focused on AI – the Saudi Authority for Data and Artificial Intelligence (SDAIA).

The authority’s AI Ethics Principles supports the country’s effort towards achieving its vision and national strategies.

It helps companies ensure the responsible use of AI systems and protect the privacy of individuals and their rights concerning the collection and processing of their data.

Latest articles

PIF's Starbucks shareholdings were cut almost by half from 6.3 million shares to 3.8 million

PIF slashes Starbucks stake as it cuts US stocks by $15bn

Saudi Arabia’s Public Investment Fund (PIF) has slashed its US equity holdings by 42 percent to $20.6 billion, including its stake in Starbucks, the global coffee chain that has suffered calls for a boycott as a result of the Gaza conflict. The latest US government data highlights funding challenges facing the Saudi giga-projects.  The filing […]

Tunisia olives

Soaring olive oil exports help Tunisia balance books

Tunisia’s soaring olive oil exports have almost doubled to close to $1 billion in just five months, helping it claw back its current account deficit.   However the increased revenues merely “paint over the cracks” and the country is still probably heading towards a sovereign default, according to an economic expert. Tunisia’s current account deficit narrowed […]

Iraqi prime minister Mohammed Shia Al-Sudani attends licensing rounds for 29 oil and gas exploration blocks at the oil ministry's headquarters in Baghdad

Falling oil prices deepen Iraq’s fiscal imbalances, says IMF

Iraq’s fiscal imbalances have worsened due to significant fiscal expansion and lower oil prices, according to the International Monetary Fund (IMF). “The ongoing fiscal expansion is expected to boost growth in 2024 at the expense of a further deterioration of fiscal and external accounts and Iraq’s vulnerability to oil price fluctuations,” the Washington-based fund said in […]

Saudi aluminium producer Talco is offering 12 million shares

Aluminium producer Talco announces Saudi IPO

Aluminium producer Al Taiseer Group Talco Industrial Company (Talco) is the latest entity to reveal initial public offering (IPO) plans in Saudi Arabia. The Riyadh-based company, which was set up in 2009, is offering 12 million shares, a 30 percent stake, on the Saudi Exchange (Tadawul) at a nominal value of SAR10 ($2.67) per share. […]