Saudi Press

Saudi Arabia and the world
Tuesday, Sep 24, 2024

Saudi Arabia Advances Vision 2030 with New Colleges, Global AI Initiatives, and Humanitarian Partnerships

Saudi Arabia advances Vision 2030 with new private colleges, global AI cooperation, and significant international partnerships.
Saudi Arabia's Council of Ministers, led by King Salman, has given the green light to establish 10 new private colleges while strengthening international ties with various countries like Turkey and France.

In line with its Vision 2030, the Kingdom is set to host the 2024 Multilateral Industrial Policy Forum in Riyadh next October, bringing together global industry leaders and also preparing for the 21st General Conference of UNIDO in 2025.

Additionally, Saudi Aramco has launched US dollar-denominated sukuk for institutional investors as part of its Trust Certificate Issuance Program, with multiple top financial institutions acting as bookrunners.

Keeping pace with technological advancements, Saudi Arabia is championing global AI cooperation at the Future Summit in New York, emphasizing innovative projects like the virtual hospital initiative and the country's role in the UN's AI Advisory Council.

Moreover, Saudi Arabia's Ministry of Economy and Planning led discussions at the 79th UN General Assembly, focusing on how e-platforms can drive sustainable development through innovative collaborations.

Lastly, a significant humanitarian partnership has been forged between KSrelief and UNRWA at the same UN Assembly, aiming to enhance knowledge exchange, training, and voluntary medical projects to better support global humanitarian needs.
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