Via Rest of World, an article on Saudi Arabia, Qatar, and the UAE which have pledged trillions of dollars in return for access to cutting-edge chips for AI development: The UAE committed $1.4 trillion to the U.S., while Saudi Arabia promised $600 billion. Trump opened the AI chip floodgates, shipping 500,000 cutting-edge processors annually to […]
Read more »Via Rest of World, a report on how Huawei and Alibaba are outpacing established U.S. providers by aligning with government priorities and addressing data sovereignty concerns: Chinese providers have aggressively embedded AI into their offerings at a time when Gulf nations are pursuing leadership in the new tech. Saudi Arabia mandates government offices to use […]
Read more »Via Reuters, a report that Saudi Arabia plans to pay off Syria’s World Bank debts: Saudi Arabia’s payment may unlock grants for Syria’s reconstruction Gulf Arab support for Syria may be materializing US sanctions complicate Syria’s financial recovery efforts Saudi Arabia plans to pay off Syria’s debts to the World Bank, three people familiar with […]
Read more »Via the Wall Street Journal, a report on how Neom executives shielded the crown prince from the challenges of his fantastical plans, including by engaging in ?‘deliberate manipulation?’ of financials: It was supposed to be a launch party for the new Saudi Arabia. Will Smith, Tom Brady and other celebrities gathered on a sandy island in the […]
Read more »Via Modern Diplomacy, a look at Saudi Arabia’s recent decision to invest in Pakistan’s Reko Diq copper and gold mining project marks a pivotal moment in the economic and geopolitical relationship between the two nations: Saudi Arabia’s recent decision to invest in Pakistan’s Reko Diq copper and gold mining project marks a pivotal moment in the […]
Read more »Via Modern Diplomacy, a look at Saudi Arabia’s growing interest in investing in Baluchistan, Pakistan’s largest and resource-rich province, marks a significant turning point for the region’s economic and geopolitical landscape: Saudi Arabia’s growing interest in investing in Baluchistan, Pakistan’s largest and resource-rich province, marks a significant turning point for the region’s economic and geopolitical […]
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