Join AmCham Saudi Arabia's Jeddah Chapter and the Atlantic Council's WIn Fellowship for an in-person and virtual discussion in Jeddah, Saudi Arabia, to explore artificial intelligence's (AI's) transformative role in Saudi Arabia's economic landscape.
The economic potential of AI in Saudi Arabia is immense. PwC predicts that AI could contribute up to $320 billion to the regional economy by 2030, with Saudi Arabia and the UAE poised to reap the greatest benefits. Specifically, Saudi Arabia's AI sector is projected to contribute $235.2 billion to its national GDP by 2030, accounting for 12.4 percent of its economy.
The strategic investments and initiatives led by Riyadh in recent years underscore the government's commitment to economic diversification and highlight the pivotal role of AI in impacting small and medium-sized enterprises (SMEs).
This event will explore practical approaches to leveraging AI for the scalability of SMEs in Saudi Arabia. It aims to:
1. Raise Awareness: Highlight AI's potential to transform SMEs by enhancing operational efficiency, customer experience, and revenue streams.
2. Foster Collaboration: Connect policymakers, industry leaders, and SME owners to discuss strategies and best practices for adopting AI technologies.
3. Capacity Building: Provide insights and resources to help SMEs navigate the complexities of AI integration.
4. Promote Investment: Showcase opportunities for private sector investments in SME-driven AI initiatives.
If you'd like to attend virtually, please register here.
Speakers to be announced soon!
If you have any questions or need further assistance, please feel free to contact: Zeina Alnouri, Head of Events and Programs, Jeddah, at zeina.alnouri@amchamksa.com
The Ritz-Carlton Jeddah
Southern Corniche
Jeddah, Saudi Arabia
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