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Kingdom Leads AI Race with 9 Billion-Dollar Firms

Kingdom Leads AI Race with 9 Billion-Dollar Firms

News reports focused on Saudi Arabia’s progress in the artificial intelligence sector, with the Minister of Communications and Information Technology stating that the Kingdom is enhancing its global position thanks toLeadership support. He noted that it leads the market by hosting nine unicorn tech companies. He also pointed out that the digital economy in the Kingdom has grown from less than 300 billion riyals in line with Vision 2030 to 522 billion riyals in 2026, with tech jobs increasing from 150,000 to over 410,000. The minister affirmed that Saudi Arabia is adopting strategies to keep pace with the rapid global changes, aiming to boost innovation and digital technologies, as reflected in its advancements in government digital maturity indices and the digital government experience.

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