RIYADH: The UAE's share of Saudi non-oil exports dropped to 14.8 percent in February, down from 17 percent the previous month, according to initial data by the General Authority for Statistics. Despite the fall, it is still the leading destination for the Kingdom's non-oil exports. The drop is partly due to a decline in transport equipment exports. The equipment, which made up 30.7 percent of UAE's share of exports in February, fell to SR1.11 billion ($0.3 billion), from 1.42 billion in January. Machinery and electrical equipment fell to SR687 million, from SR752 million respectively.

RIYADH: Saudi Arabia will host the International Exhibition and Conference for Artificial Intelligence and Cloud Computing from May 22 to 24. The event will feature leaders and pioneers in the technology sectors, both in local, global government and private institutions. Saudi Data and Artificial Intelligence Authority, also known as SDAIA, is expected to lead a panel discussion at the conference. The conference will also host the Public Authority for Small and Medium Businesses, or Monsha'at, to highlight the role of small and medium businesses, including several government agencies and major private companies. The involvement of Monshaat will also provide an opportunity for startup companies and entrepreneurs to participate in this forum focused on emerging technologies such as data science, artificial intelligence, the Internet of Things, and cybersecurity.