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The new incubator supports AI startups, enhancing Saudi Arabia's position as a regional innovation hubÂ
International visitors spent nearly $11 billion, with a 25 percent increase in arrivals noted
Key areas of cooperation include economic modeling, support for SMEs, and joint project facilitation
The program offers financial support covering up to 40 percent of eligible local investment expenses over five years
Ministerial panel session will highlight the importance of youth involvement in future industries
Day 3 featured groundbreaking announcements, strategic partnerships, and innovation-focused initiatives that underscored the nation’s commitment to shaping the future of global industry
The long-term agreements encompass the manufacturing of cables and pressure vessels, potentially creating up to 1,300 jobs
Establishment aims to raise the total number of supported enterprises to 27,000, up from 19,000 at the end of 2024
Partnership empowers firms to leverage AI technologies and sustainable practices for operational excellenceÂ
Investors must adapt to policy uncertainty and consider alternative reserves for long-term stability
Digital wallets have surged from 41 percent in 2020 to 53 percent in 2024 in the UAE
Initiative supports the Abu Dhabi Industrial Strategy 2031 and builds world-class skills in the workforce
