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Now it wants to export one of the digital era’s most coveted resources Sector, potentially disrupting the traditional tech power dynamics and emerging as a major force to be reckoned with. Crown prince mohammed bin salman is seizing a chance to turn saudi arabia’s oil wealth into tech influence
Already, saudi arabia has been negotiating with american tech giants about using its future data centres and deepening their ties. 2, 2025 at 6:01 am 1 of 3 | a handout image shows a rendering of the planned datavolt data center complex on the saudi coast. Oil to burn while some oil exporters want to limit domestic use to free up barrels for export, experts say that saudi arabia’s deposits are so vast and cheap to tap that the kingdom doesn’t.
While oil is the primary driver of saudi arabia's economy, the kingdom is now diversifying into areas such as artificial intelligence, tourism and sports.
Saudi arabia has over the last decade used its massive oil wealth to become an important backer of technology companies. Saudi arabia and uae are racing to dominate the middle east’s ai landscape The gulf states are pouring tens of billions into data centers, cloud infrastructure, and semiconductor ventures in. Saudi arabia, rich with oil, wants to be known as the ai exporter nov
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