The October Riyadh summit is expected to examine Gulf–European cooperation in cloud, high-performance computing, data centres and digital services, but no joint AI investment has yet been announced.
The inaugural AlEqtisadiah forum will bring business leaders and technology experts together on 5 October to examine how AI is changing economies and business models.
The national energy titan integrates 7 Terabytes of subsurface data into a proprietary foundation model driving reservoir simulation and predictive maintenance.
Competitive operating costs, 100 percent foreign ownership, and regulatory clarity position the island nation as an attractive software development hub.