Saudi Arabia CEO highlights global collaboration on AI, data-driven innovation at CII Partnership Summit

CEO of Saudi Investment Promotion Authority Khaled Alkhattaf on Friday emphasised the importance of international collaboration in transforming technological innovation into sustainable global impact.

Speaking at the session on “Transforming Ideas into Global Impact” at the CII Partnership Summit, he highlighted the exponential growth in global data.

“By 2028, global data volume is expected to reach 395 zettabytes, a scale unimaginable just a decade ago. This exponential expansion is a signal that the future will belong to those who can transform data into insight, insight into solutions, and solutions into meaningful sustainable impact,” he stated.

Emphasising international cooperation, he stated, “when countries like India, Saudi Arabia, Singapore, and partners from across the world come together, we do more than exchange ideas. We build bridges between our capabilities, we expand on what is possible, and we begin shaping the architecture of the future together.”

He expressed appreciation to the Government of India, the State of Andhra Pradesh, the Ministry of Commerce and Industry, and the Confederation of Indian Industry for their warm hospitality and exemplary organisation.

IT Minister Nara Lokesh spoke at the meeting on Andhra Pradesh's initiatives to popularise deeptech for improving governance and living standards.