Skip to content
GCC AI Research

Search

Results for "Economic Diversification"

COP28 President-Designate on economic diversification, sustainable growth, and global competitiveness

MBZUAI ·

COP28 President-Designate Dr. Sultan Ahmed Al Jaber visited MBZUAI and emphasized AI's role in the UAE's economic diversification and sustainable growth. He highlighted AI's potential to contribute $13 trillion to global GDP by 2030. Al Jaber also met with researchers to discuss projects related to sustainable environment, healthcare, education, and Arabic LLMs. Why it matters: This underscores the UAE's commitment to AI as a key driver for its future economy and its focus on leveraging AI for climate solutions and national priorities.

Why now is the time to localize semiconductors

KAUST ·

KAUST and KACST co-organized the KSA Future of Semiconductors Forum in Riyadh to explore strategies for developing a semiconductor industry in Saudi Arabia. Participants discussed the critical need to secure the global supply chain for semiconductors, especially with rising demand from AI and other fields. KAUST faculty member Dr. Xiaohang Li noted that local semiconductor researchers and developers can play a key role in diversifying the Saudi economy. Why it matters: Developing a domestic semiconductor industry would support Saudi Arabia's ambitions in AI and other technology sectors while enhancing economic diversification and national security.

Saudi Arabia’s innovation landscape

KAUST ·

KAUST is working to extend its research excellence to innovation and impact, aligning with Saudi Arabia's Vision 2030 to grow SME contributions. A KAUST Innovation Committee, led by Andrew Liveris, is collaborating with entities like TAQNIA and Monshaat to convert policy into tangible actions. The goal is to accelerate startups and deep technology development within the Kingdom, with KAUST startups playing a leading role. Why it matters: The initiative signifies a concerted effort to diversify the Saudi economy and foster a thriving startup ecosystem, leveraging KAUST's research capabilities.

Pillars of the future

KAUST ·

MIT Professor Ahmed F. Ghoniem delivered a keynote at KAUST's Spring Enrichment Program discussing clean energy solutions for future cities. He emphasized a portfolio approach including electrochemical, solar thermochemical, and plasma technologies for renewable energy storage. Ghoniem highlighted the economic opportunities arising from clean energy technology deployment, R&D, and job creation. Why it matters: The focus on renewable energy and storage aligns with Saudi Arabia's Vision 2030 goals for sustainable urban development and diversification of the energy sector.

Exploring the Blue Economy

KAUST ·

Cindy Lee Van Dover, a professor at Duke University, spoke at KAUST's Winter Enrichment Program in 2017 about the blue economy. The blue economy refers to the sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystems. Why it matters: This highlights KAUST's interest in marine science and sustainable development related to ocean resources.

Catalyzing change, fueling sustainable economic growth

KAUST ·

KAUST is advancing environmental sustainability and industrial development through catalysis innovation, supporting Saudi Vision 2030's economic diversification and sustainability goals. Researchers are exploring ways to chemically recycle plastic waste and convert carbon dioxide into valuable products. KAUST is building platforms to accelerate the journey from laboratory to market with collaborators, focusing on hydrogen technology and CO2 utilization. Why it matters: This positions Saudi Arabia as a potential global hub for sustainable chemical innovation and clean energy export.