24 Hrs
Source:
الاقتصادية
Saudi Arabia's Economy to Overcome Past Challenges
The Editor-in-Chief of Al-Iqtisadiah newspaper affirmed that the Saudi economy possesses strong capabilities that enable it to handle current challenges, thanks to its resilience in facing previous crises such as the COVID-19 pandemic and supply chain disruptions, supported by a developed infrastructure and efficient transportation networks and ports. He emphasized that Saudi Arabia's Vision 2030 contributes to developmental transformation, alongside technological advancements, particularly in the field of artificial intelligence, which is considered a main driver for future economic competitiveness. He warned of the risks associated with uncontrolled development in this sector. He clarified that Saudi Arabia has successfully redirected supplies during crises, and investments in infrastructure have helped improve economic resilience. Additionally, artificial intelligence is poised to reshape the global economy, creating new jobs while reducing traditional roles, which necessitates balanced strategies and risk management.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)