How generative AI is transforming business management in Saudi Arabia

Special How generative AI is transforming business management in Saudi Arabia
Generative AI copilot Joule is rapidly becoming the natural language interface across the portfolio as SAP continues to embed AI across its applications. (Supplied)
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Updated 19 August 2024
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How generative AI is transforming business management in Saudi Arabia

How generative AI is transforming business management in Saudi Arabia
  • Generative AI is streamlining business processes, enhancing decision-making, and boosting productivity
  • Ahmed Al-Faifi, head of SAP MENA, highlights the revolutionary impact of the technology on the Kingdom’s digital transformation

DUBAI: As businesses in Saudi Arabia and the wider Gulf region strive for greater efficiency, innovation, and profitability, SAP’s generative artificial intelligence program, Joule, is set to revolutionize the way firms operate.

By integrating cutting-edge AI capabilities directly into business processes, the German software company aims to streamline workflows, enhance decision-making, and boost productivity across industries.

Ahmed Al-Faifi, senior vice president and managing director of SAP Middle East and Africa — North, emphasized the impact of AI on the region during remarks at the recent SAP Sapphire conference in Barcelona, Spain.




Joule, SAP’s natural language generative AI copilot, is designed to simplify tasks and improve outcomes. (SAP photo)

“The groundbreaking use of generative AI and the partnerships announced by SAP at Sapphire are particularly relevant to our region, where both the public and private sectors have embraced the digital transformation necessary to leverage AI technologies,” said Al-Faifi.

Joule, SAP’s natural language generative AI copilot, is at the heart of this transformation. Designed to simplify tasks and improve outcomes, Joule is expected to manage 80 percent of the most common tasks performed by SAP’s 300 million end users by the end of 2024.

This shift has the potential to increase productivity by 20 percent, offering significant benefits to businesses in the Gulf region.

The capabilities of Joule extend across various business functions, from finance and analytics to order management. Joule also provides strategic recommendations, leveraging SAP’s B2B data model to offer real-time insights that enhance cash collection, supply chain decisions, and procurement strategies.

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This level of AI-driven support is particularly valuable in the Gulf, where businesses are navigating rapid growth and digital transformation.

Al-Faifi, a Saudi national leading SAP’s efforts in the region, highlighted the strategic importance of Saudi Arabia as a market.

“Amid this impressive and rapid digital evolution, it is imperative that we use AI in a way that will benefit our region’s businesses and communities,” he said.




Ahmed Al-Faifi, senior vice president and managing director of SAP Middle East and North Africa. (Supplied)

“From the outset, SAP pioneered AI solutions that are relevant, reliable, and responsible, and we remain committed to ensuring that the business AI infused across our portfolio adheres to these fundamental principles, while driving successful outcomes for public and private enterprises.”

SAP’s investment in Saudi Arabia reflects its commitment to this mission. Earlier this year, the company opened an SAP Experience Center in the Kingdom’s Eastern Province city of Alkhobar, designed to drive innovation with customers and partners.

In collaboration with the Ministry of Communications and Information Technology, SAP has also extended its Academy of Engineering program until 2025, further bolstering the country’s technological capabilities.




Last year, Saudi Arabia’s Ministry of Communications and Information Technology in collaboration with SAP Global launched a specialized training program aimed at qualifying national digital talent through both virtual and in-person journeys. (MICT photo)

Innovation is about leveraging knowledge about existing industries, Al-Faifi told Arab News. “For example, in the oil and gas sector, we are working with Saudi Aramco on innovation, specifically regarding maintenance. 

“We are making sure that AI and technology are being used to help optimize the company’s maintenance. Of course, there is a business aspect here. We need to reduce costs or increase the time to revenue because maintenance means downtime.”

Al-Faifi also stressed the need for businesses to adapt quickly to the fast-paced advancements in AI.

“AI is challenging everybody. It is going too fast,” he said. “There are so many scenarios, so many capabilities available, and the regulation is still evolving. The major focus here for SAP AI is to help the customer adapt and consume the technology they have in a much easier way.”

Joule is a key tool in this adaptation process, acting as an adviser to clients and simplifying complex business processes to enhance efficiency and productivity. This comes at a crucial time for Saudi Arabia, where rapid growth and transformation are driving the need for innovative solutions.

“The transformation taking place in Saudi Arabia is very exciting,” said Al-Faifi. “We can leverage the use of AI in business to expedite projects and attract new ones. The SAP innovation center in Saudi is meant to help local projects learn how to go faster to realize their goals.”

As SAP continues to expand its AI capabilities, the Gulf region stands to benefit from more streamlined operations, faster project completion, and ultimately, a more competitive position in the global market.
 

 


Saudi minister visits Kuwait to pass on Saudi leaders’ condolences after royal’s death

Saudi minister visits Kuwait to pass on Saudi leaders’ condolences after royal’s death
Updated 18 September 2024
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Saudi minister visits Kuwait to pass on Saudi leaders’ condolences after royal’s death

Saudi minister visits Kuwait to pass on Saudi leaders’ condolences after royal’s death
  • Prince Abdulaziz bin Saud conveyed the messages of sympathy to Kuwait’s emir and the country’s prime minister

KUWAIT: Saudi Arabia’s interior minister, Prince Abdulaziz bin Saud visited Kuwait on Wednesday to convey to the country’s emir, Sheikh Meshal Al-Ahmad Al-Sabah, the condolences of King Salman and Crown Prince Mohammed bin Salman following the death last week of Sheikh Bader Nasser Al-Hamoud Al-Jaber Al-Sabah.
Prince Abdulaziz also offered the Saudi leaders’ condolences to Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, the Saudi Press Agency reported.
The officials who welcomed the minister included Kuwait’s deputy prime minister, the minister of defense and the minister of interior.
Sheikh Bader, a member of the Kuwaiti royal family, died on Sept. 10 at the age of 70.


Saudi Arabia and Italy share vision for future

Saudi Arabia and Italy share vision for future
Updated 18 September 2024
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Saudi Arabia and Italy share vision for future

Saudi Arabia and Italy share vision for future
  • Lombardy president highlights similarities between Saudi Arabia and Italy
  • Culture sector offers ‘highway of collaboration’ for countries, says Italian ambassador

RIYADH: Italy and Saudi Arabia share similar visions for the future, according to the president of the Lombardy region.

Attilio Fontana and his delegation expressed confidence in the potential for stronger cooperation during their visit to Saudi Arabia on Tuesday.

They aimed to explore new opportunities with Saudi officials and engage with Italian companies at the Interior Design and Furniture Exhibition in Riyadh on Tuesday.

“I believe that between Italy and Saudi Arabia, it’s possible to work very heavily together. And I think that we can engage,” Fontana told Arab News.

“The important thing … in Italy and in Saudi Arabia, is a view of the future, a vision of the future that is very similar. So, on this object, we can work together.”

Highlighting the significance of Italian participation at the exhibition in Riyadh, Fontana said: “You know, I believe that it’s very important for our entrepreneurs to know this merchant (Saudi Arabia) and to have the possibility to come here and to export because your country is very similar to our region.”

Ambassador of Italy to Saudi Arabia Carlo Baldocci also attended the exhibition.

“Italy is the second (largest) number of exposures in the firm, which means that there is a huge potentiality for stronger collaboration,” he said. “It looks very interesting and very promising; a lot of new companies are coming from Italy.”

“A big group of companies was also present last year in the past editions and the fact that Italians are increasing their numbers means it is very significant to us,” the ambassador said.

Baldocci underlined the importance of Fontana’s visit to Riyadh for Saudi-Italian cooperation: “It is very important; Lombardia is a model, a significant model also for Italy and Europe.

“We can establish strong collaboration in many fields, bilateral on both sides, so there would be advantages for the Italian side and Saudi side; it’s a win-win situation.”

Asked about sectors for growing partnerships between Saudi Arabia and Italy, he said: “I see many areas of technology, from high technology to fashion, design, automotive.

“On the cultural field, there is a highway of collaboration between Lombardia in Italy and Saudi Arabia, and in many other sectors too,” he said.

The president of Lombardia and the ambassador of Italy toured the exhibition areas and met Italian company representatives during the exhibition.

Among the more than 78 Italian companies present at the exhibition were Chairs and More, AMG, ArcaHorn, MIDJ, Vigano, Zanetto, and many others.

Discussing the many Italian companies showcased at the exhibition, Romano Baruzzi, director of the Riyadh office of the Italian Trade Agency, said: “All of the sectors are represented.”

Baruzzi said that while many Italian companies were already active in the Saudi market and had established local partnerships, several were still seeking to explore new avenues for growth in their collaborations.

“It’s a good opportunity if you consider that this is the fourth edition in terms of growth and the presence of companies; it’s a very big number,” he said.

Baruzzi said that some of the feedback he had received from Italian companies indicated that they were aware of the continuing expansion of Riyadh.

“I think we can offer very good opportunities for the Italian companies here,” he said.

Fontana, along with his delegation, will hold multiple sideline meetings with Saudi officials in culture, fashion, technology and innovation during the visit to the Kingdom.

The INDEX exhibition, focusing on interior design, takes place from Sept. 17-19 at the Riyadh Front Exhibition Center, welcoming local and international participants to showcase the latest innovations in design.


Saudi Development and Reconstruction Program for Yemen rehabilitates 650 homes in Aden

Saudi Development and Reconstruction Program for Yemen rehabilitates 650 homes in Aden
Updated 18 September 2024
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Saudi Development and Reconstruction Program for Yemen rehabilitates 650 homes in Aden

Saudi Development and Reconstruction Program for Yemen rehabilitates 650 homes in Aden
  • “Decent Housing” project contributes to building the capacity of workers in the housing, construction and building sectors
  • The first of its kind in the housing sector in Yemen, the project aims to provide suitable living conditions for families

RIYADH: The Saudi Development and Reconstruction Program for Yemen’s “Decent Housing” project has benefited nearly 900 families by rehabilitating 650 housing units in Aden’s Al-Mualla and Khor Maksar districts.
A tripartite partnership between SDRPY, Alwaleed Philanthropies and the UN Human Settlements Program (UN-Habitat), the project has also contributed to building the capacity of workers in the housing, construction and building sectors, the Saudi Press Agency reported on Wednesday.
A ceremony was held at SDRPY’s Riyadh-based headquarters to celebrate the conclusion of the project, which aims to improve the living conditions of families in Yemen’s Aden governorate.
Alwaleed Philanthropies’ Secretary-General Princess Lamia bint Majed Al-Saud, Supervisor-General of the Program Mohammed bin Saeed Al-Jaber, and Minister of Public Works and Roads Salem Al-Abboudi attended the celebration.
Minister of Planning and International Cooperation Dr. Waed Badhib, UN-Habitat’s Chief of Staff Dr. Irfaan Ali, and Regional Representative Rania Headeya participated via video link.
The Decent Housing project, the first of its kind in the housing sector in Yemen, aims to provide suitable living conditions for Yemeni families. It also offers thousands of job opportunities and hundreds of training opportunities, deepening the impact of such projects that contribute to sustainable development.
SDRPY has implemented development projects and initiatives in essential and vital sectors, including education, health, water, energy, transportation, agriculture and fisheries, and the development and support of the Yemeni government’s capabilities, across 14 Yemeni governorates.


Environment Fund partners with ROSHN to drive sustainable building innovation

Environment Fund partners with ROSHN to drive sustainable building innovation
Updated 18 September 2024
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Environment Fund partners with ROSHN to drive sustainable building innovation

Environment Fund partners with ROSHN to drive sustainable building innovation
  • ROSHN aims to develop more than 400,000 energy-efficient homes in pedestrianized communities

RIYADH: Saudi Arabia’s Environment Fund on Wednesday signed an agreement with the Public Investment Fund-owned developer ROSHN to stimulate investment and boost research into sustainable building practices.

The agreement focuses on exploring sustainability in building designs, improving building standards, and introducing incentives to encourage environmental development practices.

The memorandum of understanding also aims to build upon the relationship between both parties, working toward the common goal of achieving environmental sustainability.

Both ROSHN and the Environment Fund will work together to improve awareness about environmental issues, according to the Saudi Press Agency.

Fawaz Al-Enezi, vice president of marketing and communications, signed on behalf of the Environmental Fund, while Wassim Khashan, executive general manager of marketing, signed for ROSHN Group.

Also on Wednesday, ROSHN signed another MoU with the National Center for Vegetation Cover Development and Combating Desertification, pledging to work together to increase vegetation cover and combat desertification.

The agreements were signed on the sidelines of the opening of the ROSHN Green Initiative Center in Riyadh.

The center will have a tree nursery that will produce greenery for ROSHN communities and surrounding areas.

The center will also have an educational hub that will be open to the public, offering interactive learning sessions for members of the public and organizations interested in supporting the Kingdom’s sustainability programs.

According to the company, ROSHN’s Green Initiative has so far produced more than 32,000 seedlings, 25,000 mangrove trees, and 4,300 other trees planted across the Kingdom.

More than 3,000 volunteers and 75 schools were enlisted to help achieve these results.

When fully operational, the center is set to be able to produce around 2,000 trees per year.

ROSHN is a major developer that was launched as part of Vision 2030, aiming to develop more than 400,000 energy-efficient homes in pedestrianized communities.

Tasked with developing a number of housing projects around the country, ROSHN espouses a particular focus on improving the quality of living for residents.

The Environment Fund was established in 2019 to provide financial support to environmental and meteorological initiatives.


KSrelief delivers 25 ambulances to Ukrainian Health Ministry

KSrelief delivers 25 ambulances to Ukrainian Health Ministry
Updated 18 September 2024
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KSrelief delivers 25 ambulances to Ukrainian Health Ministry

KSrelief delivers 25 ambulances to Ukrainian Health Ministry
  • Delivery is part of a larger commitment of 125 vehicles aimed at supporting the country’s healthcare system
  • Ambulances were officially delivered to the Ukrainian authorities by the director of KSrelief’s health and environmental aid department Dr. Abdullah Al-Muallem

RIYADH: Saudi aid agency, KSrelief, has supplied 25 ambulances to the Ukrainian Ministry of Health.

The delivery is part of a larger commitment of 125 vehicles aimed at supporting the country’s healthcare system. They will be handed over in Poland ready to travel over the border.

The ambulances were officially delivered to the Ukrainian authorities by the director of KSrelief’s health and environmental aid department, Dr. Abdullah Al-Muallem. Also present was Mohammed Rashid Al-Hadithi, the Kingdom’s deputy ambassador to Poland.

The initiative forms part of Saudi Arabia’s ongoing humanitarian and relief efforts. Medical and shelter supplies, along with electrical devices and generators, were also delivered by 21 aircraft.

In addition, the Kingdom has pledged $400 million in humanitarian aid to Ukraine. This includes $100 million from KSrelief and $300 million in oil derivatives financing, offered as a grant.

KSrelief has also signed two agreements with the World Health Organization and the UN Refugee Agency to provide $10 million in medical and shelter aid to Ukrainian refugees in neighboring countries, particularly Poland.