Saudi Arabia Government
Drones strike major Saudi Aramco oil facilities; attacker unknown
DUBAI, UNITED ARAB EMIRATES – Drones attacked the world's largest oil processing facility in Saudi Arabia and a major oil field operated by Saudi Aramco early Saturday, the kingdom's Interior Ministry said, sparking a huge fire at a processor crucial to global energy supplies. No one immediately claimed responsibility for the attacks in Buqyaq and the Khurais oil field, though Yemen's Houthi rebels previously launched drone assaults deep inside of the kingdom. It wasn't clear if there were any injuries in the attacks, nor what effect it would have on oil production in the kingdom. The attack also likely will heighten tensions further across the wider Persian Gulf amid a confrontation between the U.S. and Iran over its unraveling nuclear deal with world powers. Online videos apparently shot in Buqyaq included the sound of gunfire in the background.
AI center confirms Saudi Arabia's drive toward innovative future
RIYADH: The royal decree to establish an artificial intelligence (AI) center will enhance the drive toward innovation and digital transformation in Saudi Arabia, according to Minister of Communications and Information Technology Abdullah Al-Sawaha. King Salman issued the decree on Friday, to establish the National Center for Artificial Intelligence and an organization called the National Data Management Office, which will be linked to the Saudi Data and Artificial Intelligence Authority. The establishment of the center came in line with the objectives of the Kingdom's Vision 2030 program, and will help develop performance efficiency through the applications of AI and big data, Al-Sawaha said. He added that the establishment of the center was a clear indication of the Kingdom's determination to develop its digital capabilities and build a future based on AI and innovation. Al-Sawaha said that AI would enhance productivity, boost decision-making processes across all sectors, render services provided to Saudi citizens more innovative, and open new horizons to stimulate entrepreneurship and support young people.
INTERVIEW The AI Landscape In 2019 The AI Summit
During The AI Summit London 2019, TechXLR8's own Tech TV team sat down with Rema Algunaibet, AI Developer for Saudi Aramco, to discuss the business AI landscape today, the challenges facing enterprises, and the steps ahead for industry. With flagship shows in San Francisco, London, New York, Munich, Hong Kong, Singapore, and Cape Town, 2019 will see over 30,000 delegates from businesses globally joining the AI revolution through The AI Summit events. The AI Summit series uniquely has the support of tech's elite, with our 2019 Industry Partners featuring Agorai, AWS, IBM Watson, Microsoft, Oracle, Google, HCL, Publicis Sapient, Genpact, Intel alongside 300 sponsors and partners. Exclusive, inspirational insights from acclaimed speakers are frequently reported by the world's foremost press including official media partners CBS, Reuters, BBC, The Times, Quartz, Tech Radar.
Yemeni Houthis claim drone attacks on Saudi oil facilities
DUBAI, UNITED ARAB EMIRATES – Yemen's Houthi movement launched drone attacks on oil facilities in a remote area of Saudi Arabia, the group's Al Masirah TV said Saturday, but there was no immediate confirmation from Saudi authorities or state oil giant Aramco. A Saudi-led coalition is battling the Iran-aligned Houthis to try to restore Yemen's government, which was ousted from power in the capital, Sanaa, by the group in late 2014. The war has been in military stalemate for years. The Houthis have stepped up cross-border missile and drone attacks on Saudi Arabia in recent months. "Ten drones targeted Aramco's Shaybah oilfield and refinery in the first Operation: Balance of Deterrence in the east of the kingdom," the Al Masirah channel reported, citing a Houthi military spokesman.
Robotic surgery set to transform medical care in the Gulf
DUBAI: When it comes to man versus machine, many industries, including medical science, are at a critical juncture. Advancements in technology are creating a world where robots are performing tasks with speed and efficiency unmatched by their human counterparts. Increasingly, robots are becoming a familiar presence in operating theaters, especially in the Gulf. Experts predict that the region could become the leader in the field of robotic surgery. In June, Johns Hopkins Aramco Healthcare (JHAH) -- the result of a joint venture between Saudi Aramco and Johns Hopkins Medicine -- became the first hospital in the Kingdom to perform a robot-assisted hysterectomy.
Mike Pompeo in Mideast seeks to build coalition against Iran but faces hard sell
DUBAI, UNITED ARAB EMIRATES - U.S. Secretary of State Mike Pompeo held talks Monday with the Saudi king and crown prince about countering the military threat from Iran by building a broad, global coalition that includes Asian and European countries. Pompeo is likely to face a tough sell in Europe and Asia, particularly from those nations still committed to the 2015 nuclear deal with Iran that President Donald Trump repudiated last year. With tensions running high in the region after Iran shot down a U.S. surveillance drone on June 20 and Trump said he aborted a retaliatory strike, Iran's naval commander warned that his forces won't hesitate to down more U.S. drones that violate its airspace. The U.S. has been building up its military presence in the Persian Gulf. The U.S. announced additional sanctions Monday on Iran aimed at pressuring the Iranian leadership into talks.
Bomb-laden drones of Yemen's Houthi rebels seen threatening Arabian Peninsula
DUBAI, UNITED ARAB EMIRATES - A Yemen rebel drone strike this week on a critical Saudi oil pipeline shows that the otherwise-peaceful sandy reaches of the Arabian Peninsula now are at risk of similar assault, including an under-construction nuclear power plant and Dubai International Airport, among the world's busiest. U.N. investigators said the Houthis' new UAV-X drone, found in recent months during the Saudi-led coalition's war in Yemen, likely has a range of up to 1,500 km (930 miles). That puts the far reaches of both Saudi Arabia and the United Arab Emirates, the two main opponents of the Iranian-allied Houthi rebels in Yemen, within reach of drones difficult to detect and track. Their relatively simple design, coupled with readily available information online, makes targeting even easier, analysts say. "These installations are easily findable, like on Google Earth," said Tim Michetti, an expert on illicit weapons technology with experience in Yemen.
In Silicon Valley, Saudi Money Keeps Flowing to Startups
Two startups-- View Inc., which makes light-adjustable glass, and Zume Inc., which uses robots to make pizza--disclosed investments over the past week totaling a combined $1.5 billion from SoftBank's Saudi-backed Vision Fund. Late last month, Katerra Inc., an innovator in property construction, reached a tentative deal with the Saudi government to build up to 50,000 units of housing annually for the kingdom. That followed a $1 billion funding round led by the Vision Fund early this year that valued the Menlo Park, Calif., company at more than $3 billion. Meanwhile, negotiations continued in recent weeks for a deal in which Tokyo-based SoftBank would invest $15 billion to $20 billion to buy a majority stake in WeWork Cos. likely with Vision Fund money, according to people familiar with the discussions. A WeWork spokeswoman declined to comment.
Mohammed bin Salman and the gold rush of singularity
Masayoshi Son, with a net worth of $21.5bn, is reputed to be Japan's wealthiest person. He is also one of the world's slickest and smartest salesmen. In September 2016, Son met then Saudi Deputy Crown Prince Mohammed bin Salman. By the end of the 45-minute meeting, bin Salman, MBS, as he is known, had committed $45bn from Saudi Arabia's Public Investment Fund (PIF) to Son's Vision Fund. That's nearly half the value of what has become the biggest investment fund the world has ever seen.