AGP Executive Report
Last update: an hour agoSaudi Tech & Innovation: LEAP 2026 opens in Riyadh with a big push on AI, emerging tech, space, fintech and digital infrastructure, drawing 1,800 companies, 600 startups and 1,900 investors to the Riyadh Exhibition and Convention Center. Digital Infrastructure: Riyadh Digital Innovation District was launched to attract global tech firms and skilled talent, while Saudi Arabia also keeps raising its digital government maturity. AI Governance: Saudi Arabia issued deepfake guidelines as AI-driven identity threats rise. Renewables Deal: Turkey’s President Erdogan approved a Saudi-Turkey intergovernmental framework for renewable energy projects, including 1,000MW solar plants in Sivas and Karaman plus a further 3,000MW pipeline. Water & Aquaculture: NAPCO Aqua is advancing RAS and biofloc aquaculture plans in Saudi Arabia, including a 2,000-tonne pilot farm. Climate Finance: UNCCD COP17 ended with a $1.3bn land restoration and drought-resilience financing pledge across 23 countries. Energy Markets: Fossil fuel importers face a $330bn cost surge tied to US-Iran tensions and Strait of Hormuz disruptions, keeping prices elevated. Regional Tech/Space Signals: UAE granted Starlink a 10-year satellite broadband licence, expanding connectivity for maritime, aviation, energy and emergency response.
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