Saudi-Korean Business Forum: SDAIA Showcases Efforts in Utilizing AI to Support Entrepreneurs

The Saudi Data and AI Authority (SDAIA) has participated in a working session centered around innovation and technology during the Saudi-Korean Business Forum in Seoul, Republic of Korea.

SDAIA’s participation took place during the visit of Minister of Commerce Dr. Majid bin Abdullah Al-Qasabi and his delegation of governmental and private sector officials to the Korean capital. The visit aims to bolster commercial relations in key economic sectors between both nations, strengthening their economic partnership.

The Saudi-Korean Business Forum is organized by the National Competitiveness Center, the Federation of Saudi Chambers, and the Korea Chamber of Commerce and Industry.

During the forum’s Saudi Arabia pavilion, SDAIA showcased the Rowad initiative, a package designed to assist entrepreneurs and micro, small, and medium-sized enterprises in Saudi Arabia. The Rowad initiative facilitates entrepreneurs and startups in verifying client data electronically by integrating with the National Information Cente
r databases, ensuring top-notch safety, reliability, and supporting entrepreneurs’ contributions to the national GDP. It enhances identity uses in emerging sectors and improves facility data quality.

Moreover, SDAIA presented plans for the third edition of the Global AI Summit, scheduled for Riyadh in September. Featuring over 250 speakers from across the globe, the summit will delve into AI potentials and its impacts across diverse fields.

SDAIA’s participation in the forum aligns with the Authority’s commitment to fostering partnerships with international entities. Through such collaborations, SDAIA strives to realize its vision of establishing a data-driven national economy, in line with the goals of Saudi Vision 2030, and positioning the Kingdom among leading countries in data and AI-driven economies.

Source: Saudi Press Agency