News

Saudi Arabia Launches SpaceGuardian, An AI Satellite Imagery Project

Front End, a Saudi investment and development entity, will collaborate with SpaceKnow, a space-tech firm from New York.

Published

3 years ago

February 21, 2024

saudi arabia launches spaceguardian an ai satellite imagery project

As part of its efforts to build a modern, tech-focused economy, Saudi Arabia is delving into AI-powered satellite image analysis. The latest project involves a collaboration between Front End, a Saudi Arabian investment and development entity, and SpaceKnow, a space technology firm headquartered in New York. The collaboration has led to the establishment of SpaceGuardian, a project that will harness SpaceKnow’s exclusive AI-enabled analytical engine for contextualizing satellite imaging.

saudi arabia spaceguardian ai satellite imagery

The agreement was formalized between Majid Alghaslan, Chairman and CEO of Front End, and Jerry Javornicky, CEO and co-founder of SpaceKnow, during the recent International Petroleum Technology Conference (IPTC) 2024, held in Dhahran.

The location of the meeting is significant, as satellite imaging has already proved invaluable for capturing multi-dimensional snapshots of the country’s Ghawar oil field, helping to forecast the future viability of the lucrative natural resources in the area.

Pioneering the field of satellite AI imagery, SpaceGuardian will offer real-time geospatial analysis of the country utilizing machine learning. Javornicky envisions that the project will “revolutionize the AI-driven geospatial market [via SpaceGuardian] commencing with carbon sequestration, security, and infrastructure surveillance”.

AI-driven satellite imagery spans a diverse range of applications, offering insights into the effectiveness of environmental initiatives and guiding economic policies based on space-derived data. Majid describes this partnership as “embracing innovation and progress that will propel Saudi Arabia into a new era of digital transformation”.

Also Read: UAE’s Yahsat Introduces Smartphone-To-Satellite Connectivity

In a departure from its traditional reliance on oil revenues, the Saudi Arabian government has been ramping up efforts to steer the economy towards a digital future. Both Artificial intelligence and space technology seem to be of keen interest to the Kingdom, alongside major urban planning projects and sustainable infrastructure upgrades.

Front End’s Majid Alghaslan underscores that “[SpaceGuardian] contributes to the development of the burgeoning space sector and supports the establishment of a robust space agency in Saudi Arabia. With a comprehensive suite of services catering to all industries and sectors”.

In total, Saudi Arabia’s move into the AI space sector is expected to usher in over $5.3 billion in investments by 2030.

Related Topics:Artificial Intelligence Saudi Arabia Space

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Visa’s Return To Syria Starts With A Test And A Bank In Lebanon

Foreign visitors will be the first users to benefit, but whether Syria’s own banks and cardholders follow is still an open question.

Published

2 weeks ago

August 27, 2026

Dana Saadeh

visa's return to syria starts with a test and a bank in lebanon

Visa is returning to Syria. Its first live international card transaction in the country was a test rather than a launch, and the milestone event ran through a Lebanese bank.

The acquirer (the bank on the merchant’s side of a card payment) was Fransabank Lebanon, with Paymera as the other named partner. Nadim Moujaes, who heads a Fransabank Group subsidiary, describes the test as both the culmination of “longstanding efforts to link Syria back to international payment networks” and “the first step in a larger path”.

Syrian President Ahmed Al-Sharaa makes the first electronic payment in Syria using a @Visa card at a store in Damascus, following the lifting of US sanctions on Syria. pic.twitter.com/lpAN7nQ6Fc

— Tech Magazine (@TechMGZN) August 27, 2026

“We are excited to have successfully tested live transactions today as we plan to enable international visitors to use their Visa cards while in Syria,” says Leila Serhan, Visa’s senior vice president and group country manager for the North Africa, Levant and Pakistan region. Although a significant first step, that plan doesn’t come with a hard date for when a visitor’s card will work normally.

Mohammed Safwat Raslan, governor of the Central Bank of Syria, says the test paves the way for international card acceptance in Syria and that maintaining strong compliance, risk management and operational controls will remain essential. Serhan likewise stresses that Visa has worked within applicable legal, regulatory and compliance requirements. For a test transaction, it seems there was a great deal of attention paid to the rules, with the entire operation being carefully managed.

Also Read: Lebanon’s 5G Era Begins With 150 Stations And A $1M Budget

The test is the latest step in a sequence that began in December 2025, when Visa announced a strategic roadmap to support Syria’s integration into the global digital economy. In February 2026 it hosted its first industry gathering of banks, ecosystem partners and policymakers in Damascus and, the same month, signed an agreement with Syria’s Ministry of Communications and Information Technology in San Francisco.

Michel Kattouah, Paymera’s CEO, called the test “the return of international card acceptance,” but while that’s positive news, there’s no word yet on when a Syrian bank will issue a Visa card to a Syrian customer.