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Saudi Arabia among top emerging global economies in AI readiness, shows report

In terms of investment, the kingdom has set a target to attract $20bn in AI investments by 2030, BCG stated

Gulf Business
Gulf Business

20 August, 2025

Saudi Arabia among top emerging global economies in AI readiness, shows report
Image: Getty Images/ For illustrative purposes

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Saudi Arabia stands among the top emerging global economies in AI readiness, according to a new report from Boston Consulting Group (BCG) titled GCC AI Pulse: Mapping the Region’s Readiness for an AI-Driven Future.

The study, based on BCG’s inaugural AI Maturity Matrix, designates Saudi Arabia as an “AI Contender”, a category it shares with 31 other economies worldwide, including the UAE.

The matrix categorises economies into four archetypes based on their AI readiness: AI Emergents, Practitioners, Contenders, and Pioneers, with the latter group including nations like the US, UK, and China.

Other Gulf Cooperation Council (GCC) countries, including Qatar, Kuwait, Oman, and Bahrain, were categorised as “AI Practitioners”.

The report indicates significant opportunities for further advancing AI readiness and leadership across the region, with Saudi Arabia demonstrating notable progress.

“Saudi Arabia’s strategic investments and ambitious vision in artificial intelligence exemplify how nations can leverage emerging technologies to rapidly transform their economies and enhance their global stature,” said Dr Akram Awad, MD and partner at BCG. “By aiming to attract $20bn in investments and developing sophisticated regulatory frameworks, Saudi Arabia is positioning itself at the forefront of AI innovation.”

Awad added that sustaining this dynamic growth will require “fostering an innovative ecosystem built on empowering local talent, enhancing academic-industry collaborations, and forming global partnerships that can catapult the nation into new frontiers of technological achievements.”

Saudi Arabia has a strategic strategy to advance AI readiness

The kingdom has made substantial advancements in AI since establishing the Saudi Data and Artificial Intelligence Authority (SDAIA) in 2019 and launching its national AI strategy in 2020.

The strategy aims for Saudi Arabia to rank among the top 15 AI nations by 2030.

The country’s AI talent pool has expanded to approximately 5,000 specialists. However, the report highlights an ongoing need to develop a self-sustaining ecosystem to reduce dependency on expatriate workers.

In terms of policy, Saudi Arabia introduced AI ethics principles in 2023 to align with global standards and has been strengthening its AI governance and regulatory frameworks to bolster AI adoption.

In May, Saudi Arabia launched HUMAIN, an initiative designed to drive the kingdom’s AI ambitions across the entire value chain. HUMAIN is expected to deliver advanced AI services, including Arabic large language models, data centers, cloud infrastructure, and international collaborations, to accelerate AI adoption in key sectors such as energy, healthcare, and finance.

This initiative is aligned with Vision 2030, with the goal of establishing Saudi Arabia as a global leader in AI innovation, research, and sustainable economic transformation.

On the investment front, Saudi Arabia has set a target to attract $20bn in AI investments by 2030.

The country registered nearly 200 AI-related patents in 2023, reflecting a significant increase since 2019. Despite this progress, it continues to aim for the level of breakthrough innovations observed in leading global economies.

The domestic AI ecosystem is described as robust, with 72 per cent of Saudi companies incorporating emerging AI technologies, supported by substantial investments in cloud and AI infrastructure.

Strengths identified in Saudi Arabia’s approach include its strong ambition, solid digital infrastructure, and effective AI governance.

Areas for enhancement

However, the report indicates areas requiring further enhancement, such as expanding the AI talent pool, increasing investments for long-term AI growth, and a greater focus on research and innovation to achieve global impact.

“Saudi Arabia’s progress in AI governance and adoption is commendable, showcasing a material increase in AI-related national maturity with widespread corporate adoption of AI technologies and ramp-up in patents,” said Rami Mourtada, partner and director at BCG. “Its true capacity to emerge as a global leader will hinge on its ability to rapidly scale-up and broaden its AI achievements.”

Mourtada emphasised that this includes “fostering a self-sustaining AI talent ecosystem, bridging the gap in breakthrough research, and driving impactful innovations beyond infrastructure and investment as critical areas.”

He concluded that the challenge lies in translating substantial financial, service delivery, and infrastructural investments into “tangible global AI leadership and pioneering impact that can transform both the domestic and international landscapes.”

BCG’s GCC AI Pulse report suggests several approaches to foster AI maturity in the Gulf. These include expanding AI capabilities through dedicated upskilling programs and attracting global talent to broaden the existing talent pool and infuse the regional market with international expertise and perspectives crucial for innovative leaps.

Furthermore, governance structures should be realigned to better adhere to evolving AI ethics frameworks and international standards, ensuring responsible and sustainable AI development.

Advancements in policies are expected to solidify Saudi Arabia’s reputation as a leader in ethical AI practices.

The report also identifies significant room for intensifying research and development investments to foster stronger academia-industry collaborations. This is aimed at spurring innovation and cementing Saudi Arabia’s position as a hub for cutting-edge technological advancements, potentially matching and even surpassing global AI leaders such as the US, China, Singapore, the UK, and Canada in specific areas.

RAK is surging ahead in real estate and tourism, say industry leaders

Property sales and prices have surged in Ras Al Khaimah in the past three years, driven by key hospitality, commercial and residential projects

Gulf Business
Gulf Business

19 August, 2025

RAK is surging ahead in real estate and tourism, say industry leaders
Images: Ras Al Khaimah Media Office

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Ras Al Khaimah is undergoing one of the fastest property expansions in the UAE, backed by long-term planning under the vision of Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah.

The emirate has seen property sales and prices climb sharply over the past three years as new hospitality, commercial and residential projects come online.

Its population, currently about 400,000, is forecast to rise to 650,000 by 2030, creating demand for an estimated 45,000 additional homes.

Global players such as Emaar, Aldar and Ellington have entered the market alongside domestic developers Marjan, Al Hamra and RAK Properties. Investor-friendly regulations, a diversified economy and rising foreign interest are reinforcing the momentum.

Al Marjan Island is at the centre of growth

At the centre of development is Al Marjan Island, led by CEO Engineer Abdullah Al Abdooli, which has attracted high-end hospitality brands including Wynn, JW Marriott, Nobu, Missoni and The Address.

Marjan is also behind RAK Central, a planned hub for offices, retail and lifestyle that will rank among the Northern Emirates’ largest commercial districts and incorporate green building standards aligned with Ras Al Khaimah’s 2030 Vision.

Developer Al Hamra, headed by CEO Benoy Kurien, is expanding its integrated living model with projects such as Al Hamra Village, Waldorf Astoria Residences, Falcon Island, Al Hamra Waterfront and Manar Mall, the emirate’s biggest retail destination.

Meanwhile, RAK Properties is pushing ahead with its Mina development, home to Anantara Mina Ras Al Khaimah and InterContinental Ras Al Khaimah.

The site will also add Nikki Beach, Staybridge Suites and a planned Four Seasons.

“The vision for Ras Al Khaimah is becoming a reality,” RAK Properties chairman Abdulaziz Abdullah Al Zaabi said. “We are creating a vibrant, sustainable environment that is attracting global investment while maintaining the unique culture and natural heritage of our Emirate.”

CEO Sameh Muhtadi added: “What we have seen over the past couple of years is remarkable. We are witnessing unprecedented global interest – and this momentum will only continue.”

Read: RAK Properties H1 net profit jumps 80% on higher sales, Mina project growth

Also read: Why RAK’s Al Marjan is set for a big ‘Wynn’

RAK invests in infrastructure, tourism

The emirate has also invested heavily in infrastructure, with eight hospitals including RAK Hospital and a regulated private education system overseen by the Department of Knowledge.

Consistently ranked among the world’s safest locations, Ras Al Khaimah has strengthened its appeal as a place to live and invest.

Tourism continues to expand, with visitor numbers reaching 1.28 million in 2024.

Attractions include Jais Flight, the world’s longest zipline, Bear Grylls Explorers Camp and 1484 by Puro, the UAE’s highest restaurant. RAK Hospitality Holding, led by CEO Alison Grinnell, has supported growth through hotel acquisitions and new tourism offerings.

Industry executives say Ras Al Khaimah’s rise is anchored in its 2030 Vision, which prioritises sustainable urban growth, livability and community development.

With international and local developers adding new beachfront apartments, luxury villas and golf communities, the emirate is positioning itself as one of the Gulf’s most dynamic real estate and tourism markets.

TECOM Group announces leadership change with new CFO

The exiting acting CFO Haissam Baydoun will continue in his role as vice president of corporate finance at TECOM Group

Gulf Business
Gulf Business

19 August, 2025

TECOM Group announces leadership change with new CFO
Dr. Christoph Berentzen/Image: Supplied

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TECOM Group has announced the appointment of Dr. Christoph Berentzen as chief financial officer (CFO), effective August 18, 2025.

Dr. Berentzen brings more than 20 years of international experience in driving financial performance across real estate portfolios in Europe and the United States. Before joining TECOM Group, he served as CFO for Central Europe at Unibail-Rodamco-Westfield (URW), one of Europe’s largest commercial real estate groups. He has also held senior roles as CFO of Westfield LLC in the US and Director of Finance for URW Germany, where he successfully oversaw multi-billion-dollar portfolios and led complex real estate transactions and financing strategies.

Read: TECOM Group reports 22% profit growth in H1 2025, declares Dhs400m dividend

He holds a PhD in Accounting from the University of Münster in Germany, where he also earned his Diplom-Kaufmann (MBA equivalent). He further expanded his global perspective with studies in International Relations and East Asia Studies at Seoul National University in Korea.

The Board of Directors expressed its appreciation to the exiting acting CFO Haissam Baydoun for his dedicated service since February 2025. Baydoun will continue in his role as vice president of corporate finance at TECOM Group.

Jazeera Airways launches ‘Buy 1, Get 1 Free’ promotion for fall travel

The offer is available from August 18 to August 24, for travel between September 1 and December 15

Gulf Business
Gulf Business

19 August, 2025

Jazeera Airways launches ‘Buy 1, Get 1 Free’ promotion for fall travel
Image: Image: Jazeera Airways/ X

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Kuwait-based low cost carrier Jazeera Airways is offering a limited-time “Buy 1, Get 1 Free” promotion, enabling travellers to book one-way or round-trip flights and receive a second ticket at no additional cost.

The offer is available from August 18 to August 24, 2025, for travel between September 1 and December 15, 2025.

The promotion applies to Jazeera Airways’ Light fare, which includes basic seat selection.

Passengers can enhance their travel experience by adding extras such as checked baggage, preferred seating, in-flight meals, or packages at a 60 per cent discount.

Jazeera Airways offer available with promo code

To redeem the offer, customers must use the promo code ‘J9B1G1’ at checkout on the Jazeera Airways website or mobile app.

Paul Carroll, CCO of Jazeera Airways, stated, “At Jazeera Airways, we believe that incredible travel experiences should be accessible to everyone. Our ‘Buy 1 Get 1 Free offer’ isn’t just a deal — it’s a way to unlock new destinations and make travel more affordable.”

The promotion has no limit on the number of tickets that can be booked, making it ideal for families, friends, or group travellers seeking to share the adventure.

Terms and conditions apply.

Read: Air Arabia CEO Adel Al Ali on the strategy behind the airline’s rise

Leo & Loona takes family entertainment global with Bahrain debut

The brand’s first international venture will launch at Avenues Bahrain in early 2026

Gulf Business
Gulf Business

19 August, 2025

Leo & Loona takes family entertainment global with Bahrain debut
Image: Supplied

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Leo & Loona, one of the UAE’s fastest-growing edutainment brands, is accelerating its regional expansion with a bold step into Bahrain. In less than two years, the homegrown concept has grown from a single venue into a multi-location success story, attracting families and investors with its unique approach to play and learning. With three thriving locations in the UAE and new destinations planned across the GCC, Leo & Loona is reshaping the family entertainment landscape in the Middle East.

The brand’s first international venture will launch at Avenues Bahrain in early 2026, in partnership with Mabanee, one of the region’s leading real estate developers. Spanning 2,360 square metres, the new venue will be the largest family entertainment offering at Avenues Bahrain, marking a significant milestone in Leo & Loona’s regional rollout.

Since its debut at Dubai Festival City Mall, the brand has expanded into Yas Mall and Dalma Mall in Abu Dhabi, cultivating a loyal customer base. Repeat visitors now account for 60% of total footfall—up from just 20% in its first year—underscoring strong customer satisfaction and engagement. The regional edutainment sector is on a steady growth trajectory, with the MENA family entertainment market projected to exceed $1.68bn by 2027, growing at a CAGR of over 13.3 per cent.

Overall venue layout

What differentiates Leo & Loona is its alignment with the expectations of modern families. Today’s parents seek more than entertainment; they want experiences that nurture creativity, confidence, and values. The brand delivers through thoughtfully designed spaces, immersive educational zones, and play concepts that support children’s emotional and social development.

“This opening is not just a new milestone for Leo & Loona in the GCC, it is a statement,” said Elizaveta Rossiiskaia, GCC manager at Leo & Loona. “Our concept is truly one of a kind, not just in Bahrain or the Gulf, but on a global level. Leo & Loona is more than an entertainment venue for children. It is a family infrastructure project designed to meet the needs of both children and their parents. Our parks are spaces where families bond, children play and grow in a safe and enriching environment, and parents can relax, enjoy great food, and connect with friends or loved ones.”

“Each park we build is a custom designed space that takes months of personal involvement from our leadership team, from spatial layout to the curated play experiences,” Rossiiskaia added. “The quality, design, and variety of our edutainment zones are world class, and it is something we constantly hear from visitors who tell us there is nothing like this where they live. Expanding into Bahrain is a proud next step for us, and doing it with a developer who shares our vision of community and excellence makes it even more meaningful. We are excited to continue redefining what modern family spaces can be, one destination at a time.”

Read: Insights: Dubai’s growing role as a global sports, entertainment hub

Leo & Loona’s rapid rise has already been recognised by the industry. In 2025, it was named Best Family Attraction in the Middle East and Best Family Destination in the UAE by the International Travel Awards—honours typically reserved for long-established brands. The Arabian Best of the Best Awards also recognised Leo & Loona in the same categories, highlighting its role in elevating the region’s edutainment sector.

With Bahrain set as its first international launch and further GCC expansions in the pipeline, Leo & Loona is not just growing—it is redefining the future of family entertainment across the Middle East.

From raising hands to scheduling calls, WhatsApp has dropped new features

Whether you’re organising a family catch-up or a work meeting, WhatsApp now allows users to schedule calls directly from the app

Nida Sohail
Nida Sohail

19 August, 2025

From raising hands to scheduling calls, WhatsApp has dropped new features
Image credit: Getty Images

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WhatsApp has announced a suite of new features aimed at improving how users connect via group calls, making them easier to schedule, more interactive, and technically more reliable.

Whether you’re organising a family catch-up or a work meeting, WhatsApp now allows users to schedule calls directly from the app. By tapping the ‘+’ button in the Calls tab and selecting ‘Schedule call’, users can set up a group call in advance and invite participants seamlessly, a WhatsApp blog conveyed.

Read more-Starting July 1: WhatsApp Business rolls out major pricing changes

All scheduled calls appear in the Calls tab with a full attendee list and shareable call links. These links can be added to personal calendars or shared externally. To make sure no one misses a meeting, WhatsApp sends a notification to all invitees when the call is about to begin.

Interactive features: Raise hand and react

To improve group call etiquette, WhatsApp has introduced new tools to reduce interruptions. Users can now raise their hand to indicate they’d like to speak, a feature particularly useful during large calls or team meetings.

Additionally, users can send emoji reactions in real-time to engage without breaking the flow of conversation.

In a related upgrade, Call link creators will now receive a notification when someone joins via a link, offering better awareness and control during planned sessions.

Enhanced call experience

These updates follow earlier improvements rolled out in April 2025, including a dedicated Calls tab to initiate new calls, manage call history, and access or share call links from a single location.

iPhone users can now also pinch to zoom during video calls for a closer view of themselves or others. Meanwhile, a new feature allows users to add someone to an ongoing 1:1 call directly from the chat thread by tapping the call icon and selecting ‘Add to call’.

To top it off, WhatsApp has optimised video call quality, with a smarter routing system and faster bandwidth detection that upgrades streams to HD more quickly, reducing dropped calls and video freezes.

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