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Gulf Arab Region

Saudi Arabia to invest $20 billion in AI by 2030

 Saudi Arabia announced Thursday it will invest $20 billion in artificial intelligence projects by 2030, as the oil-rich country seeks to diversify its economy amid slumping crude prices. The kingdom, the Arab world's biggest economy, launched an artificial intelligence strategy last...

Saudi minister confident of 'good relationship' with Biden

 Saudi Arabia's oil minister on Wednesday struck a conciliatory tone toward US President-elect Joe Biden, saying energy cooperation could be a launch pad for a "good relationship". OPEC kingpin Saudi Arabia, a close ally of President Donald Trump, has appeared wary of the incoming US...

Saudi to host online G20 summit amid pandemic, recession

Saudi Arabia hosts the G20 summit Saturday in a first for an Arab nation, but the scaled-down virtual format could limit debate on a resurgent coronavirus pandemic and crippling economic crisis. The two-day meeting of the world's wealthiest nations follows a bitter US election disputed by...