Saudi Arabia and Kuwait forge partnership in artificial intelligence, aiming to enhance governance and innovation.
In a significant move towards regional collaboration, the Kingdom of Saudi Arabia and the State of Kuwait have formalized a strategic partnership aimed at advancing Artificial Intelligence of Things (AIoT) governance and innovation. The partnership was solidified through a cooperation agreement signed by the Saudi Artificial Intelligence Governance Association (AIGA) and the Kuwaiti AIoT Association.
The purpose of this partnership is to enhance joint efforts in regulating and developing AI and IoT technologies across the Gulf Cooperation Council (GCC) countries. The agreement seeks to promote collaboration, exchange expertise, and establish unified ethical governance standards for emerging technologies.
The cooperation aims to achieve several key goals. Firstly, it focuses on enhancing specialized education and training programs in AI and IoT to foster innovation. Secondly, it plans to develop joint initiatives in AI and IoT to drive innovation. Lastly, the agreement aims to establish unified criteria for ethical governance of advanced technologies to strengthen the GCC's position as a regional leader in technology and innovation.
The partnership aligns with both countries' national visions, Saudi Vision 2030 and Kuwait’s Vision 2030, reflecting their broader efforts to keep pace with rapid technological changes by creating a robust and ethical regulatory environment.
The memorandum was signed by AIGA Chairwoman Dhabia bint Ahmed Al-Buainain and Sheikh Mohammed bin Ahmed Al-Sabah, chairman of the Kuwaiti AIoT Association. Sheikh Mohammed bin Ahmed Al-Sabah described the agreement as a "promising opportunity to exchange experiences and develop joint projects."
This partnership is part of the Gulf region's strategic focus on AI, as highlighted by recent reports. According to a report by Boston Consulting Group published in April, the UAE and Saudi Arabia are leading in infrastructure development and adoption in AI. The agreement is a testament to the region's commitment to advancing AI governance and innovation.
The partnership is expected to create new avenues for collaboration in setting AI governance standards, promoting research, and encouraging innovation in AIoT. However, challenges remain in private sector funding, research output, and talent development in the region. Despite these challenges, all GCC nations have launched national strategies to foster economic diversification and digital transformation, according to the BCG report.
In conclusion, this strategic partnership between Saudi Arabia and Kuwait marks a significant step forward in the region's efforts to advance AI governance and innovation. The agreement aims to enhance regional cooperation, support scientific research, and drive innovation in the AIoT sector, ultimately positioning the GCC as a regional leader in technology and innovation.
- The business partnership between Saudi Arabia and Kuwait, regarding Artificial Intelligence of Things (AIoT) governance and innovation, is expected to boost joint endeavors within the Gulf Cooperation Council (GCC) countries, particularly in regulating and developing AI and IoT technologies.
- The strategic agreement also aims to promote collaborations, exchange expertise, and establish unified ethical governance standards for emerging technologies, contributing to the GCC's position as a regional leader in technology and innovation.
- In line with their national visions, Saudi Vision 2030, and Kuwait’s Vision 2030, the partnership points to broader efforts of keeping up with rapid technological changes by creating a robust and ethical regulatory environment, specifically in the areas of AI and technology.
- Moreover, this Saudi-Kuwaiti business partnership aligns with the Gulf region's strategic focus on AI, as evidenced by recent news and reports, which indicate that the UAE and Saudi Arabia are leading in infrastructure development and adoption in AI, positioning the region as a promising territory for AI governance and innovation.
