Riyadh – Sharikat Mubasher: The Private Sector Partnership Program “Shareek” and the Saudi Data and Artificial Intelligence Authority (SDAIA) signed a Memorandum of Understanding (MoU) to advance cooperation in the fields of data and artificial intelligence (AI), supporting Saudi Arabia’s national development goals.

According to an official press release by Shareek, the agreement, signed by Hesham Alshiddi of Shareek and Faisal Al-Qublan of SDAIA, was witnessed by Abdulaziz Al-Arifi, Shareek CEO and Abdullah Al-Ghamdi, SDAIA President .

The partnership aims to create a framework for collaboration in market research, investment opportunity development, technical consulting, and the creation of AI-driven business models. The initiative supports Saudi Vision 2030 by enabling the private sector to play a more active role in building a data-driven economy.

By aligning efforts and expertise, the collaboration seeks to foster innovation, strengthen the national economy, and position Saudi Arabia as a global leader in data and AI applications.