AGP Executive Report
Last update: 2 hours agoAI Governance in Saudi Arabia: SDAIA’s AI chief urged UNESCO to turn AI ethics “shared principles into action,” highlighting a growing responsible-AI push in Riyadh, including the One Million Saudis in AI initiative and an ICAIRE ethics hub. Cybersecurity Threats: New research says ransomware incidents in the Middle East jumped fast, with Saudi businesses increasingly targeted as attackers exploit internet-facing systems and weak protections. Construction Tech Funding: BRKZ secured $31M to scale AI-enabled building materials procurement, adding pricing/fulfillment upgrades and embedded financing for contractors and suppliers. Digital Transformation in Industry: Saudi Industry Forum workshops focused on digital transformation and emerging tech to boost industrial efficiency and sustainability. Energy & Security Shock: Houthi attacks escalated, including a drone threat near Mecca and renewed pressure on Saudi oil infrastructure, keeping markets jittery. Uranium Discovery: Saudi Arabia reported 110 million tonnes of uranium-bearing ore in Madinah, adding momentum to local resource plans. Market Mood: Asian stocks stayed cautious ahead of the Fed decision as oil stayed above $100 and bond yields climbed.
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