News

Saudi Arabia Will Invest $270Bn To Boost Clean Energy Sector

Saudi Arabia’s Minister of Energy, Abdulaziz bin Salman Al Saud, says the country wants to be the leading exporter of hydrogen.

Published

2 years ago

February 1, 2023

Nour Nasir

saudi arabia will invest $270 billion to boost clean energy sector

Although being well-known as one of the world’s largest oil producers and exporters, Saudi Arabia is making a huge commitment to developing a low-carbon energy sector, planning to boost its renewable energy percentage to 50%, and swapping any remaining oil use for natural gas. As part of the plan, the Saudi energy minister recently announced that the country will inject $270 billion into various low-carbon projects before 2030 to boost the clean energy sector.

“We are determined to be the leading exporter of hydrogen, as well as to provide clean hydrogen for local uses in heavy industries to produce green products such as green steel, green aluminum, fertilizers, and others at competitive prices,” says Saudi Arabia’s Minister of Energy, Abdulaziz bin Salman Al Saud.

Also Read: Dubai Unveils Plans For Climate-Controlled Cycling Highway

Bin Salman’s comments came while attending the in-Kingdom Total Value Add Forum and Exhibition. The announcement reinforces the kingdom’s commitments at COP27, with Saudi Arabia aiming to be an electricity exporter and expanding its transmission and distribution network.

As part of the greater Saudi Green Initiative, emissions across the region will drop by more than 270 million tons of carbon dioxide while employing a circular carbon economy approach.

News

“AI Seal” Certification Now Required For Dubai Gov Partnerships

The new mandatory certification is designed to build trust in AI companies and create a reliable network of providers for government and public collaboration.

Published

21 hours ago

January 21, 2025

Nour Nasir

ai seal certification now required for dubai gov partnerships

Dubai Media Office

Dubai has introduced the Dubai AI Seal, a certification designed to establish trust in artificial intelligence (AI) companies and solutions. This initiative, directed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister, aims to create a reliable network of AI providers which government entities and businesses can collaborate confidently.

Companies must now obtain the AI Seal to qualify for UAE or Dubai government contracts. The Dubai Centre for Artificial Intelligence (DCAI), which developed the certification, sees it as a competitive edge for companies looking to participate in key national projects. Once certified, businesses will be permitted to showcase the seal across their websites and marketing materials, signaling their credibility and dependability.

The evaluation process will consider six main criteria: the company’s services and operations, the number of employees specializing in AI, ongoing and future projects, as well as existing partnerships with public and private sector entities.

dubai ai seal certification

Khalfan Belhoul, CEO of the Dubai Future Foundation, which oversees the DCAI, commented on the initiative’s potential: “This initiative will help create powerful partnerships between the public and private sectors, locally, regionally, and globally. It will help drive new economic opportunities by leveraging AI to serve better the economy, society, and the future we aspire to”.

Also Read: Top Free AI Chatbots Available In The Middle East

The Dubai AI Seal’s goals include providing a clear framework for verifying AI providers, fostering business opportunities for AI companies, and acknowledging the industry’s strategic importance to Dubai’s economy. The initiative emphasizes AI’s role in driving economic growth, creating jobs, and strengthening collaboration between government bodies and technology firms.

All technology companies operating in Dubai and offering AI-related services or products are eligible to apply for the certification at no cost through the official website.