Saudi Arabia is rapidly upskilling its youth to build a future-ready workforce, driven by the need to transition to a knowledge-based economy. The Kingdom’s strategic shift is yielding positive results, with the non-oil economy valued at SR1.7 trillion. Emerging technologies like AI and machine learning are redefining the workforce, necessitating a reevaluation of workforce development. Saudi Arabia is investing heavily in AI, with a $40 billion fund focused on AI investments.
By nurturing AI talent, Saudi Arabia is cultivating homegrown innovators to power its digital economy. Initiatives like the National Strategy for Data and Artificial Intelligence focus on training programs for women, youth, and entrepreneurs. The Kingdom’s Human Capability Development Program takes a comprehensive approach to upskilling youth in STEM fields. These programs will drive innovation, diversification, and entrepreneurship, unlocking the full potential of a thriving digital economy.
