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AWS, HUMAIN to launch $5bn AI Zone in Saudi Arabia

The two entities also plan to develop large language models (LLMs), including Arabic-focused models, to support AI adoption in key sectors

Gulf Business
Gulf Business

13 May, 2025

AWS, HUMAIN to launch $5bn AI Zone in Saudi Arabia
Image: Getty Images

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Amazon Web Services (AWS), and Saudi Arabia’s state-backed AI company HUMAIN announced a strategic partnership to develop a first-of-its-kind “AI Zone” in the kingdom, backed by a joint investment exceeding $5bn.

The new AI Zone, aimed at accelerating AI adoption locally and globally, will include dedicated AWS AI infrastructure, UltraCluster networks, and services such as Amazon Bedrock, Amazon Sagemaker, and Amazon Q.

The initiative aligns with Saudi Arabia’s Vision 2030 goals.

The partnership builds on AWS’s previously announced $5.3bn investment to establish a cloud infrastructure region in Saudi Arabia by 2026.

The AI Zone marks an additional commitment to expand cloud and AI capabilities in the region.

“This new collaboration with HUMAIN lays the foundation for the intelligent era, accelerates our innovation momentum, grows our talent, and reinforces Saudi Arabia’s position as a global partner of choice in the age of AI,” said Abdullah Alswaha, Saudi Arabia’s Minister of Communications and Information Technology.

As part of the partnership, HUMAIN will utilise AWS technologies to deliver AI solutions for customers and co-develop a unified AI agent marketplace to simplify AI deployment across government services.

Building LLMs

The two entities also plan to develop large language models (LLMs), including Arabic-focused models, to support AI adoption in key sectors such as healthcare, education, energy, and government.

“This collaboration to build an AI Zone in Saudi Arabia will enable innovations across all industries using AWS’s advanced AI offerings,” said Matt Garman, CEO of AWS. “Together, we will empower customers with cost-effective and secure cloud technologies, fuel innovation and economic growth across the nation, and enable HUMAIN to appeal to customers globally.”

The initiative includes the establishment of a Generative AI Innovation Center, in partnership with HUMAIN, to fast-track generative AI (genAI) adoption for startups, enterprises, and public institutions.

AWS-HUMAIN alliance to spur startup growth

The partnership will also bolster Saudi Arabia’s startup ecosystem. AWS will provide startups access to cloud tools and resources, including AWS Activate. The kingdom saw a record $750m in venture capital funding in 2024, the highest in the Middle East and North Africa, according to MAGNiTT.

AWS is also expanding its training and certification programs to build AI and cloud expertise among Saudi nationals. It has committed to training 100,000 citizens, including 10,000 women, through initiatives such as the Amazon Academy and the AWS Saudi Arabia Women’s Skills Initiative.

“By leveraging AWS’s world-class cloud infrastructure and AI expertise and HUMAIN’s full-stack AI capabilities, we are creating an offering that will attract global investment and talent,” said Tareq Amin, CEO of HUMAIN.

According to PwC, AI is expected to contribute $130bn to Saudi Arabia’s economy by 2030 — over 40 per cent of the projected AI economic impact in the Middle East.

Read: HUMAIN, NVIDIA join forces to drive AI development in Saudi Arabia

Trump’s Saudi visit: Oracle pledges $14bn investment in Saudi Arabia

Oracle said the expanded partnership would also strengthen US-Saudi ties, enhance the kingdom’s security and intelligence capabilities

Gulf Business
Gulf Business

13 May, 2025

Trump’s Saudi visit: Oracle pledges $14bn investment in Saudi Arabia
Image: Getty Images

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US tech giant Oracle said on Tuesday it will invest $14bn in Saudi Arabia over the next decade, reaffirming its support for the kingdom’s Vision 2030 economic diversification plan.

The investment aims to bring Oracle’s latest cloud computing and artificial intelligence technologies to the Gulf nation, with the company saying the move will support innovation, economic growth, and improved public services in Saudi Arabia.

“Thanks to the decisive actions and strong leadership of President Trump and his administration, Oracle is providing the world’s most advanced cloud and AI technology to Saudi Arabia,” said Safra Catz, CEO of Oracle.

Oracle committed to supporting US-Saudi ties

Oracle said the expanded partnership would also strengthen US-Saudi ties, enhance the kingdom’s security and intelligence capabilities, and contribute to global peace and prosperity.

The announcement comes as Saudi Arabia pushes forward with its ambitious Vision 2030 strategy, a multi-sector reform plan aimed at reducing the kingdom’s dependence on oil and positioning it as a regional hub for technology and innovation.

Read: Trump’s Saudi Arabia visit unlocks $600bn in investment deals

Trump’s Saudi Arabia visit unlocks $600bn in investment deals

A slate of high-profile business deals across Riyadh, Doha and Abu Dhabi are being unveiled this week

Reuters
Reuters

13 May, 2025

Trump’s Saudi Arabia visit unlocks $600bn in investment deals
US President Donald Trump addresses the audience at the King Abdul Aziz International Conference Center while attending a Saudi-U.S. business investment forum, on May 13, 2025, in Riyadh, Saudi Arabia. (Credit: Getty Images)

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US President Donald Trump secured a $600bn commitment from Saudi Arabia on Tuesday to invest in the US after the kingdom accorded him a gala welcome at the start of a tour of Gulf states.

A slate of high-profile business deals across Riyadh, Doha and Abu Dhabi are being unveiled this week, with artificial intelligence and emerging technologies taking centre stage as Gulf nations race to secure a foothold in the global AI economy.

The US also agreed to sell Saudi Arabia an arms package worth nearly $142bn, according to a White House fact sheet that called it “the largest defense cooperation agreement” Washington has ever done.

The agreement covers deals with more than a dozen US defense companies in areas including air and missile defense, air force and space advancement, maritime security and communications, the fact sheet said.

“Today we hope for investment opportunities worth $600bn, including deals worth $300bn that were signed during this forum,” the Saudi Crown Prince Mohammed bin Salman said in a speech during a U.S.-Saudi Investment Forum session held in Riyadh on the occasion of Trump’s visit.

“We will work in the coming months on the second phase to complete deals and raise it to $1tn,” he said.

“I really believe we like each other a lot,” Trump said during a meeting with the crown prince of Saudi Arabia‘s ruler.

Here is an overview of major deals and announcements made on the sidelines of Trump’s Gulf visit:

  • Amazon Web Services and Saudi Arabia’s AI startup Humain announced plans to invest over $5bn in a strategic partnership to build an “AI Zone” in the kingdom.

  • US chip firm AMD and HUMAIN announced plans to build AI infrastructure that will see them invest up to $10bn to deploy 500 megawatts of AI computing capacity over the next five years.

  • Saudi Arabian DataVolt plans to invest $20bn in AI data centres and energy infrastructure in the United States.

  • Google, DataVolt, Oracle, Salesforce, AMD, and Uber are committing to invest $80bn in technologies in both countries.

  • Construction consulting firms Hill International, Jacobs, Parsons, and AECOM are building key infrastructure projects such as King Salman International Airport, King Salman Park, The Vault, Qiddiya City, and more, totalling $2bn in US services exports.

  • Additional major exports include GE Vernova’s gas turbines and energy solutions totalling $14.2bn, and Boeing 737-8 passenger aircraft for AviLease totalling $4.8bn.

  • Healthcare firm Shamekh IV Solutions will be investing $5.8bn, including a plant in Michigan to launch a high-capacity IV fluid facility.

  • Hassana Investment Company and Franklin Templeton signed a memorandum of understanding valued at $150m to explore a strategic partnership related to investments in Saudi private credit opportunities.

  • Saudi Aramco will sign on Tuesday memorandums of understanding with US liquefied natural gas producer NextDecade and utility firm Sempra, Aramco’s chief executive said.

  • US chip giant Nvidia and Saudi Arabia’s sovereign wealth fund-owned AI startup Humain announced a partnership.

  • US-based investment platform Burkhan World Investments said it signed memorandums of understanding with Saudi partners, totalling $15bn in new investment commitments.

Qatar Tourism’s Omar Al Jaber on record visitors, strategic growth and service excellence

The director of Shared Services at Qatar Tourism discusses factors driving tourism growth in the country as well as the authority’s focus on service excellence and customer experience

Neesha Salian
Neesha Salian

13 May, 2025

Qatar Tourism’s Omar Al Jaber on record visitors, strategic growth and service excellence
Image: Supplied

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Qatar Tourism is on a upward trajectory, closing 2024 with an unprecedented 5.07 million visitors — a 25 per cent increase over 2023 — and carrying this momentum into 2025 with over 1.5 million international visitors in Q1 alone.

Backed by an integrated tourism strategy, the country is making bold strides in hospitality, culinary excellence, cruise tourism, AI innovation, and eco-tourism. With major milestones such as surpassing 10 million room nights for the first time, welcoming the MICHELIN Guide, and hosting globally acclaimed events like Web Summit Qatar and the Doha Jewellery & Watches Exhibition, Qatar is redefining itself as a year-round, must-visit destination.

Qatar Tourism and Visit Qatar showcased their offerings at at the 32nd Arabian Travel Market (ATM) 2025, held from April 28-May 1, at a 600-square-metre pavilion that featured interactive digital experiences, cultural activations, and immersive showcases like the 4Dx Meryal Waterpark experience.

Leading a delegation of 46 partners, including hotels and destination management companies, Qatar highlighted its expanding tourism portfolio and regional leadership in sustainable tourism — underscored by ATM’s Sustainability Award for the eco-conscious pavilion design.

Several high-level meetings took place with regional and international tourism leaders to strengthen bilateral partnerships. Qatar Tourism announced a major winter cruise partnership with Celestyal Cruises, expected to bring over 40,000 visitors, and launched a new twin-centre holiday initiative with Abu Dhabi’s tourism authority. Visit Qatar also signed strategic MoUs with Huawei, flynas, and Satguru Travel to boost digital marketing, enhance regional air connectivity, and expand into African markets.

We caught up with Omar Al Jaber, director of Shared Services at Qatar Tourism, during the event to discuss the factors driving this growth as well as the tourism authority’s focus on service excellence and customer experience. Here are excerpts from the chat:

Why is ATM a key event for Qatar Tourism?

ATM is a very important event for Qatar Tourism and for Qatar as a whole. It’s one of the key exhibitions we make sure to attend every year. The event brings together different markets, segments, and stakeholders, which is crucial for us. We attend alongside our partners from the hotel and hospitality sectors, as well as destination management companies (DMCs). The goal is to enhance collaboration, foster networking, and ultimately create win-win deals between Qatari businesses and international partners.

How was 2024 for Qatar Tourism in terms of numbers and highlights?

The year 2024 was truly amazing for us. We reached 5.1 million visitors, which is a 25 per cent increase compared to the previous year. Nearly 48 per cent of those visitors came from the GCC, breaking another record.

Hotel occupancy reached an average of 77 per cent, which is also a new high. The average daily rate (ADR) per night increased too — great news for the business. It’s particularly remarkable because this comes two years after the FIFA World Cup, showing that we’ve maintained momentum. It also raises the bar for 2025—we aim to break records again.

These figures reflect not only our appeal to international travellers but also the strength of our multi-access strategy via air, land, and sea. What’s more, these milestones were achieved by diversifying our tourism offerings and continuously enhancing the visitor experience. It’s a validation of our commitment to turning Qatar into a dynamic, year-round destination.

In Q1 2025, Qatar welcomed over 1.5 million international visitors. What were the key drivers of this surge?

Our performance in Q1 2025 was shaped by a combination of high-profile events, strategic partnerships, and targeted regional and international campaigns. Events like the Web Summit Qatar, the Doha Jewellery & Watches Exhibition — which saw nearly 30,000 visitors and QAR246m in sales — and the Qatar International Food Festival, which attracted over 365,000 attendees, significantly boosted footfall.

Additionally, Eid Al Fitr 2025 marked the highest holiday arrivals in three years, with 214,000 visitors during the eight-day celebration—a 26 per cent increase over the previous year.

Service excellence is a key focus for Qatar Tourism. Tell us more about how you’re ensuring consistent high-quality service across the tourism sector.

Absolutely. Ensuring a seamless visitor journey is critical, and that’s why we established the Service Excellence Department. This team focuses on various areas to raise standards across the board. We launched the Qatar Tourism Awards to encourage competition among hotels, hospitality providers, and individuals in the industry. The MICHELIN Guide also brought significant improvements to the restaurant and café sectors, making Qatar the second country in the GCC to host it.

On the academic side, we offer regular training to frontline workers — hotel staff, airport personnel, customs officers, immigration staff, taxi drivers, safari operators, and tour guides. We update our training content regularly to ensure that the quality of service remains high and current.

What are some emerging travel trends that you’re seeing, and how is Qatar adapting to meet these changes?

We’re targeting a broad range of tourists — families with children, couples, leisure travellers, and more. We segment our target markets into three main categories, covering around 52–53 countries. Each segment has dedicated international offices that handle promotions, partnerships, and training programmes tailored to that market.

Family travel is definitely growing. We’ve seen a marked increase in family visitors over the last few years. Qatar is also emerging as a popular destination for weddings — especially Indian weddings — which we’re very proud of.

Cruise tourism is an important pillar of our diversified strategy. The 2024/2025 season saw 87 ship calls, up 19 per cent from the previous season, bringing over 360,000 visitors. With 13 homeporting calls and five maiden voyages, Qatar is strengthening its position as a regional cruise hub. More than 10 per cent were turnaround passengers, highlighting the sector’s growing impact on local tourism and hospitality.

How is digital transformation enhancing Qatar’s tourism sector?

Digital transformation is essential, especially in marketing. Our digital team leverages various tools like Meta, Snapchat, and chatbots for targeted digital campaigns. Traditional marketing methods like out-of-home boards are becoming less effective. Instead of random broadcasting, we focus on data-driven, targeted media strategies. This approach ensures that we reach the right audience in each market, which has significantly helped increase our visitor numbers.

How important is the UAE as a source market for Qatar Tourism?

The UAE is one of our tier-one markets — very important for us, especially within the GCC. Alongside Saudi Arabia, it’s a key focus. We’re not only targeting Emirati nationals but also the large expat population living in the UAE. Once the unified GCC visa comes into play, it will truly transform travel within the region.

We also collaborate closely on cruise tourism. In 2023, we welcomed around 370,000 cruise visitors, many of whom arrived from or departed through Dubai or Abu Dhabi. This segment is growing and forms an important part of our broader tourism strategy.

Any final thoughts?

it’s been a busy but exciting time for us at Qatar Tourism. We’re proud of the progress we’ve made and are optimistic about what’s to come. Our continued focus on service excellence, digital innovation, and strategic partnerships is paving the way for even greater achievements.

RTA’s overhaul: How it’s improving traffic on Dubai’s Emirates Road

The RTA is also encouraging truck drivers to utilise designated rest areas during the restricted hours to reduce congestion

Nida Sohail
Nida Sohail

13 May, 2025

RTA’s overhaul: How it’s improving traffic on Dubai’s Emirates Road
Image credit: UAE's Ministry Of Energy & Infrastructure/Website

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To improve traffic flow and ensure road safety during evening peak hours, Dubai’s Roads and Transport Authority (RTA) has implemented a new restriction on truck movement along Emirates Road.

Read-Dubai: SMEs encouraged to participate, as RTA opens 116 tenders

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Effective daily between 5:30pm and 8:00pm, trucks are prohibited from using Emirates Road in the northbound direction, from Al Awir Road to Sharjah. The RTA is also encouraging truck drivers to utilise designated rest areas during the restricted hours to reduce congestion.

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In a related development, the RTA has inaugurated a new pedestrian and bicycle bridge on Sheikh Rashid Street. The bridge, inspired by Dubai’s maritime heritage, serves more than 22,000 users daily and is designed to be fully accessible, including for people of determination. This initiative is part of the RTA’s broader strategy to enhance traffic safety and promote sustainable urban mobility.

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Additionally, the RTA has expanded its free Wi-Fi service to include the Marina Promenade and Dubai Marina Mall Marine Transport Stations, enabling commuters to stay connected while using public transport.

MENA region saw 14 IPOs valued at $2.1bn in Q1; Saudi leads the lot

The pipeline for 2025 remains promising with at least 21 companies have announced intentions to go public, the report stated

Gulf Business
Gulf Business

13 May, 2025

MENA region saw 14 IPOs valued at $2.1bn in Q1; Saudi leads the lot
Image: Getty Images

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Initial public offerings (IPOs) in the Middle East and North Africa (MENA) region are off to a robust start in 2025, with 14 listings raising a combined $2.4bn in the first quarter — more than doubling the proceeds recorded during the same period last year, according to the latest EY MENA IPO Eye Q1 2025 report.

Saudi Arabia once again emerged as the undisputed leader in regional IPO activity, accounting for 12 of the 14 listings during Q1.

The kingdom’s Tadawul Main Market hosted the region’s biggest deal of the quarter — Umm Al Qura for Development & Construction — which raised $523m, or 22 per cent of total MENA IPO proceeds. Almoosa Health and Derayah Financial followed with $450m and $400m raised, respectively.

Beyond Saudi Arabia, the UAE and Oman recorded one IPO each. Alpha Data debuted on Abu Dhabi Securities Exchange (ADX), raising US$163 million in the software and IT services space. Oman’s Asyad Shipping Company SAOG raised $333m via the Muscat Stock Exchange (MSX).

Saudi IPOs this quarter spanned a mix of industries — signalling growing diversification away from oil-centric sectors.

  • Real estate management: 28 per cent of proceeds

  • Healthcare: 24 per cent

  • Financial services: 21 per cent

  • Retail: 17 per cent

“This year started on a positive note. MENA capital markets continue to show resilience,” said Brad Watson, MENA EY-Parthenon leader. “Saudi Arabia continues to dominate in both activity and proceeds.”

Gregory Hughes, EY MENA IPO and transaction diligence leader, highlighted the region’s shifting IPO landscape: “The upward trajectory reflects broader sector diversification. We anticipate more tech-driven IPOs this year across fintech, online retail, and foodtech.”

IPO pipeline

The pipeline for 2025 remains promising. At least 21 companies have announced intentions to go public. Of these, 17 are based in Saudi Arabia and have secured approval from the Capital Market Authority (CMA).

The UAE expects three listings, and Egypt is preparing one.

With Saudi Arabia at the helm, MENA’s IPO market is building momentum in 2025 — buoyed by sectoral diversity, investor appetite, and a healthy listing pipeline. The region’s capital markets are positioning for continued strength through the rest of the year.

At a glance:

  • Q1 2025 IPOs in MENA: 14

  • Total proceeds: $2.4bn

  • Y-o-Y increase in proceeds: 106 per cent

  • Saudi Arabia listings: 12

    • Tadawul Main Market: 5 IPOs, $1.8bn

    • Tadawul Nomu (Parallel Market): 7 listings (including one direct), $69m

  • Top performing exchanges:

    • Boursa Kuwait Premier Market Index: +10.7 per cent

    • EGX30 (Egyptian Exchange): +8 per cent

  • Positive post-IPO returns: 11 out of 14 IPOs

Read: Dubai Residential REIT sets IPO price range, eyes up to Dhs1.79bn raise

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