Monday, March 27, 2023

Saudi Arabia, US strengthen cooperation in technology, space as part of Vision 2030

Saudi Arabian and US officials met on Friday to review developing cooperation in the field of cyber security and emerging technologies, a Saudi embassy statement to the media said.

The meeting was held between the Saudi Minister of Communications and Information Technology, Abdullah Alswaha, and Anne Neuberger, the US Deputy National Security Adviser for Cyber ​​and Emerging Technology, in the presence of Princess Reema Bandar Al-Saud, Saudi Ambassador to the US.

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Stability was also noted during Alswaha’s meetings with Ambassador Barbara Leif, Senior Director for Middle East and North Africa Affairs on the US National Security Council, the statement said.

Alswaha reportedly highlighted Saudi Arabia’s Vision 2030 contribution in making the Kingdom “a major player internationally” by protecting the planet through programs such as the Saudi Green Initiative and the Middle East Green Initiative.

Saudi officials also met with National Space Council Executive Secretary Chirag Parikh, “to explore opportunities to build partnerships in the space sector and increase investment between the two countries in the space economy and technology, leading to the transition to an innovation – based economy,” the statement added.

In March 2022, the Saudi Space Commission (SSC) and the UK Space Agency signed a Memorandum of Understanding (MoU) on Cooperation in the Peaceful Uses of Outer Space, with the aim of providing a framework for cooperation in space activities.

According to the official Saudi Press Agency (SPA), the MoU was signed to review areas of common interest in the peaceful uses of space and to facilitate the exchange of information, technologies and persons working in related fields on both sides to enhance cooperation. asked for Space and its technologies.

Earlier this month, Saudi Arabia’s Crown Prince Mohammed bin Salman launched a new strategy for the Kingdom’s National Development Fund (NDF), turning it into a unified national financial institution.

Under the new strategy, the National Development Fund aims to contribute to the Kingdom’s real GDP growth by injecting more than 570 billion riyals ($152 billion) by 2030, and non-oil GDP to reach 605 billion riyals ($161 billion). The goal will be to triple. by 2030.

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Nation World News Desk
Nation World News Desk
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