Arabie saoudite

Artificial intelligence is reshaping global economic balances, and Saudi Arabia intends to establish itself as an essential player. With a massive investment of $14.9 billion announced at the LEAP 2025 Tech Conference in Riyadh, the country clearly showcases its ambition: to become a leading technology hub. Thanks to its partnerships with giants like Google, Alibaba, Lenovo, and Qualcomm, the kingdom is not just injecting capital; it is building the infrastructure that could shape the future of innovation in artificial intelligence and cloud computing.

Saudi Arabia has unveiled an ambitious economic project led by Crown Prince Mohammed bin Salman, aiming to invest 600 billion dollars in the United States over four years. This commitment is part of the Kingdom's economic diversification strategy, a cornerstone of its Vision 2030. By strengthening its trade ties with Washington, Riyadh seeks not only to diversify its economic partnerships but also to consolidate its influence on the international stage. This plan, which comes amid a redefinition of global balances, underscores the growing importance of economic cooperation as a lever for geopolitical stability and mutual growth.

On Tuesday, October 29, 2024, Saudi Arabia took a major strategic step by launching the largest ETF in the Middle East, backed by Chinese stocks listed in Hong Kong. Indeed, this exchange-traded fund, named Albilad CSOP MSCI Hong Kong China Equity ETF, goes beyond a mere financial operation, as it is part of a long-term vision aimed at consolidating the relationships between these two economic powers. In the face of volatility in the Chinese markets and global economic uncertainties, this launch is a clear indicator of Saudi ambitions to diversify their partnerships and increase their influence on the international financial stage.

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