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President-elect Donald Trump has appointed Scott Turner, a former NFL player and experienced public servant, to oversee the U.S. Department of Housing and Urban Development (HUD). Turner, who previously served as executive director of the White House Opportunity and Revitalization Council, will now lead efforts to address affordable housing, urban development, and homelessness in the nation’s growing metropolitan areas.

Scott Turner’s appointment has drawn attention due to his blend of athletic career achievements and his leadership role in public policy. Having worked closely with President Trump during his first term, Turner brings a practical understanding of the challenges facing low-income communities. His previous work involved spearheading initiatives to revitalize distressed neighborhoods, aiming to stimulate economic growth and improve living conditions.

Turner’s NFL career, although a central part of his public identity, is not the focal point of his qualifications for the HUD post. Instead, his background in community service and economic development stands out. He has focused his efforts on helping underserved communities, working to foster business investment in areas that have long struggled with high poverty rates and economic stagnation.

The HUD department, which plays a critical role in the housing market, has faced significant scrutiny over the years, especially concerning the affordability of housing and the challenges posed by homelessness in major cities. As the new head of HUD, Turner is expected to tackle these issues head-on, bringing a blend of policy expertise and a fresh perspective to the department. His work with the Opportunity and Revitalization Council, aimed at empowering economically disadvantaged communities, aligns with the broader goals of the HUD, focusing on job creation and urban renewal.

Turner’s track record as a former player in the NFL may not immediately seem related to his new role, but his time with the league instilled in him a team-oriented approach to problem-solving. These qualities are expected to be crucial in his leadership role at HUD, as the department requires effective coordination with local governments, nonprofits, and private sector entities to implement its programs successfully.

During his tenure at the Opportunity and Revitalization Council, Turner was instrumental in promoting the “Opportunity Zones” initiative, which aimed to bring investment to struggling areas through tax incentives. The program has received both praise and criticism for its mixed results in revitalizing economically distressed communities, but Turner’s role in its implementation has put him in a position to make a significant impact at HUD. His new appointment could signal a continuation of policies focused on economic regeneration through infrastructure and housing.

Despite his strong support for community development, Turner’s appointment also places him in the midst of an ongoing debate over affordable housing in the United States. The housing crisis, exacerbated by rising construction costs, limited availability of affordable units, and increasing demand in urban areas, is one of the biggest challenges facing policymakers. As the new head of HUD, Turner will be under pressure to implement policies that increase affordable housing stock while also addressing zoning regulations that have long been a barrier to housing development.

Affordable housing advocates have already begun voicing concerns over Turner’s approach. While he has championed economic growth and business development, critics argue that his focus on market-driven policies may not sufficiently address the immediate housing needs of low-income families. For Turner, striking a balance between stimulating investment and ensuring access to housing for vulnerable populations will be a critical challenge in his new role.

Turner’s leadership will be tested in the area of homelessness, an issue that continues to worsen in many parts of the country. Cities such as Los Angeles, San Francisco, and New York have seen a sharp rise in homelessness, with thousands of individuals living on the streets and in shelters. Turner’s experience with urban revitalization may be an asset in addressing this crisis, but the solutions required are multifaceted and will demand cooperation across various levels of government, nonprofits, and private organizations.

In addition to these challenges, Turner’s leadership will play a key role in shaping the direction of HUD’s policies on fair housing, discrimination, and community development. His approach to these sensitive issues will be closely watched, as HUD has historically been involved in enforcing civil rights protections in housing and ensuring that federally funded housing programs are free of discrimination. Turner’s ability to navigate these complexities while advancing the administration’s housing agenda will be a pivotal aspect of his tenure.

For President-elect Trump, appointing Turner underscores a broader vision of empowering communities through economic opportunity. Turner’s work with the Opportunity Zones and his commitment to revitalizing distressed neighborhoods align closely with the administration’s focus on creating jobs and fostering economic independence for American families. However, the true impact of Turner’s leadership at HUD will ultimately depend on his ability to address the growing housing needs of a rapidly urbanizing country while also ensuring that the most vulnerable populations are not left behind.

Saudi Arabia and Japan have fortified their partnership through a newly signed memorandum of understanding (MoU) aimed at bolstering cultural cooperation. This agreement, finalized by Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan and Japanese Minister of Education, Culture, Sports, Science, and Technology Dr. Toshiko Abe, seeks to foster mutual understanding and collaboration in areas including arts, heritage, and cultural exchange programs. The signing ceremony […]

Tickets Now Available via Urbtix HONG KONG SAR – Media OutReach Newswire – 22 November 2024 – The seventh edition of “No Limits”, co-presented by the Hong Kong Arts Festival (HKAF) and The Hong Kong Jockey Club Charities Trust, opens on 21 February 2025. Continuing its mission to promote inclusion through arts, No Limits 2025 offers a series of innovative performances and activities featuring numerous outstanding artists […]

Demand for diversified services and strategic investments are significantly driving the expansion of businesses in the Gulf Cooperation Council (GCC) region, setting a course for sustained economic growth. Efforts to localize supply chains, foster digital transformation, and promote infrastructure development are key contributors to this dynamic growth landscape. Strategic sectors such as technology, real estate, healthcare, and tourism have emerged as focal points for investments. Countries like […]

Lulu Group International has reported a remarkable leap in profits for the third quarter, marking a significant milestone in the company’s financial journey following its initial public offering (IPO). The group, known for its retail and wholesale operations across the Middle East and Asia, saw its profit more than double compared to the same period last year. This surge in earnings is the first after Lulu’s IPO, […]

Egypt and the United Arab Emirates have entered into a series of agreements aimed at boosting their renewable energy collaboration. These deals, announced during a high-level diplomatic visit, underscore the strengthening economic partnership between the two nations. With both countries prioritizing energy transition strategies, the agreements could play a crucial role in achieving their sustainability and energy security goals.

The signing ceremony, held in Cairo, marks a significant milestone in the growing economic cooperation between the two nations, particularly in the renewable energy sector. Under the terms of the deals, the UAE will contribute both expertise and financial support to help Egypt accelerate its renewable energy initiatives. The projects will focus on solar and wind energy, aligning with Egypt’s broader objective to increase its renewable energy capacity in the coming decades.

The partnership is built on a foundation of shared strategic interests in energy security and sustainability. Egypt has set ambitious targets to generate 42% of its energy from renewable sources by 2035, with a particular emphasis on expanding its solar and wind energy capacities. Meanwhile, the UAE, which has been a leader in the renewable energy space through investments such as the Masdar energy initiative, is eager to bolster its influence in the Middle East and North Africa (MENA) region by supporting Egypt’s green energy transition.

Egypt, located at the crossroads of Africa and the Middle East, offers vast opportunities for renewable energy investments due to its geographic advantages, including abundant sunlight and wind potential. As part of the deal, the UAE’s energy firms will help finance and develop large-scale solar parks, as well as offshore wind farms along Egypt’s Mediterranean coastline. These ventures are expected to enhance Egypt’s energy export potential, particularly to Europe, which has shown increasing interest in diversifying its energy supply sources in light of current geopolitical tensions.

The strategic importance of this collaboration is further underscored by the fact that it comes amid global energy shifts. As countries around the world work toward meeting climate change goals, many have turned their attention to renewable energy as a key pillar of energy security. For both Egypt and the UAE, this agreement represents a significant step toward achieving their respective goals of reducing dependence on fossil fuels, creating green jobs, and positioning themselves as leaders in the global renewable energy market.

Both nations have been active participants in the global push to combat climate change. The UAE has been a strong advocate for decarbonization and played a leading role in the 2023 COP28 climate summit, which took place in Dubai. Egypt, on the other hand, hosted the COP27 summit in Sharm El Sheikh in 2022, focusing on solutions for sustainable development and advancing renewable energy technologies. This shared commitment to environmental stewardship is expected to deepen their collaborative efforts in the years to come.

The Egyptian government has expressed optimism that these agreements will bring not only energy transformation but also broader economic benefits. By expanding its renewable energy capacity, Egypt aims to create jobs, boost foreign direct investment, and reduce its energy import dependency. Additionally, the projects could help Egypt manage its growing energy demands as the population expands and industrial development accelerates.

The UAE’s role in these developments is also seen as a key element in its strategy to diversify its economy beyond oil and gas. With the UAE’s heavy investments in clean energy technologies, the country is positioning itself as a regional leader in the green energy revolution. Through Masdar, one of the UAE’s leading renewable energy companies, the country has been actively involved in solar and wind energy projects across the globe. By partnering with Egypt, the UAE is not only extending its energy portfolio but also reinforcing its influence in one of the region’s largest economies.

Both Egypt and the UAE have set ambitious goals for their renewable energy initiatives. Egypt has a target to generate 20 gigawatts of renewable energy by 2025, and it is currently one of the largest producers of solar energy in the MENA region. Meanwhile, the UAE has invested heavily in technologies such as carbon capture and storage, green hydrogen production, and nuclear energy, with plans to become a global leader in clean energy innovation.

The deals are also expected to benefit local communities in Egypt by providing much-needed infrastructure, skills development, and employment opportunities. As Egypt continues to expand its renewable energy sector, the demand for technical expertise and local labor is expected to rise. Both Egyptian and UAE officials have emphasized the importance of creating long-term, sustainable benefits for the local workforce, including vocational training and capacity-building programs.

Energy cooperation between Egypt and the UAE is not limited to just these renewable energy projects. Both countries have also been discussing potential collaborations in other sectors, such as agriculture, water management, and technology. These efforts are part of a broader economic strategy aimed at fostering deeper ties between the two nations, which share strong trade relations and mutual interests in advancing economic growth and regional stability.

HANOI, VIETNAM – Media OutReach Newswire – 22 November 2024 – By capitalizing on its first-mover advantage, Vincom Retail has had a profound impact on Vietnamese leisure culture. Over the past two decades, the company has demonstrated significant growth through a tripartite strategy: expanding its footprint, diversifying its retail real estate formats to cater to a wide range of consumer needs, and continuously pioneering to stay ahead. […]

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Political divisions are increasingly shaping public health outcomes, creating barriers to effective healthcare and widening disparities across communities. The interplay between ideological and partisan identities has significant consequences on health policies, behaviors, and outcomes, as seen during the COVID-19 pandemic and beyond.

Polarization occurs when societal opinions, beliefs, or interests split into opposing extremes. This trend has grown over decades in the United States, fueling challenges in addressing public health crises. Researchers Shana Kushner Gadarian, Jay J. Van Bavel, Eric Knowles, and Kai Ruggeri highlight these impacts, emphasizing the urgent need to mitigate the health risks tied to political polarization.

The COVID-19 pandemic exemplified how political affiliations influence health behaviors. Data from 2020 to 2021 showed that individuals who supported Donald Trump were less likely to adopt recommended measures such as mask-wearing and social distancing. This partisan divide extended to vaccination rates, resulting in significantly higher COVID-19-related death rates among Republican voters compared to Democrats.

The research underscores that polarization doesn’t just influence individual behavior—it also stymies public health policymaking. When political leaders prioritize partisan interests over evidence-based strategies, essential compromises become elusive. The aftermath of the Affordable Care Act’s passage revealed this dynamic, with Republican voters less inclined to enroll in the program despite its benefits. Similarly, legislative battles over abortion rights and Medicaid expansion highlight how political divides obstruct progress on crucial health initiatives.

State-level policies further exacerbate health inequities. In the U.S., states with more liberal policies, such as Medicaid expansion, stricter tobacco regulations, higher minimum wages, and tighter gun control, tend to see better health outcomes and longer lifespans. Conversely, conservative-leaning states often resist such measures, leading to poorer health outcomes. This growing divide reflects the broader implications of polarization on individual and community well-being.

Polarization also hinders local governments’ ability to enact health policies. As state-level leaders increasingly preempt local regulations, measures such as paid sick leave, minimum wage adjustments, and firearm safety laws face significant hurdles. This limits the effectiveness of public health strategies and exacerbates disparities between states.

At an individual level, polarization can erode trust in healthcare systems and experts. People with strong partisan identities are more likely to reject contradictory information, even when it pertains to critical health risks or preventive measures. This resistance can lead to lower rates of flu vaccinations, unhealthy dietary choices, and reluctance to seek medical care.

The researchers also observed a link between extreme political beliefs and poorer physical and mental health outcomes. Individuals who align more ideologically with the extremes, compared to their state’s average voter, tend to experience worse overall health. These findings suggest that extreme partisanship not only divides communities but also harms individual well-being.

BANGKOK, THAILAND – Media OutReach Newswire – 22 November 2024 – Michelin, world-leading manufacturer of life-changing composites and experiences, welcomed international media to its two-day Asia Pacific Media Event at Michelin’s Talent Campus, located in Chon Buri, Thailand. The event focused on the theme “Innovating for a Sustainable Future” and Michelin’s dedication to innovation and sustainability, outlined through its All-Sustainable Strategy: People X Profit X Planet. MICHELIN […]

Collect FunStamps on the New 7-Eleven App and Redeem for FREE HONG KONG SAR – Media OutReach Newswire – 21 November 2024 – Christmas is just around the corner and 7-Eleven is inviting all of your favourite Pixar pals to celebrate with you! 10 beloved characters – including Joy, Sadness, Anger, Disgust, Mike, Sulley, Buzz Lightyear, Lotso, Alien and Woody – are here to spread cheer with […]

Featuring Hong Kong’s first ink art carnival InkFinity Fair with a blend of interactive games and art engagements HONG KONG SAR – Media OutReach Newswire – 21 November 2024 – UOB Art Academy and UOB Hong Kong are pleased to announce the return of the “UOB Art in Ink Festival” (Festival), Hong Kong’s premier ink art celebration, running from 13 to 29 December 2024 at the West […]

Their project, SilentGuide, is a pair of smart glasses that transcribes spoken words into subtitles, to help individuals with hearing impairment participate more meaningfully in social conversations SINGAPORE – Media OutReach Newswire – 21 November 2024 – Samsung Electronics Singapore has crowned Team redbluegold from Anglo-Chinese School (Independent) as the grand winner of its Solve for Tomorrow 2024 competition in Singapore. The team, comprising Aiden Lim and […]

A new study by Salesforce underscores the growing importance of AI agents in restoring consumer trust, revealing significant opportunities for brands to regain loyalty through transparency and personalization. According to the research, nearly 60% of consumers express concerns about how businesses handle their personal data, highlighting a crucial area for improvement in building stronger relationships. The study finds that companies investing in AI-powered customer service and communication […]

Space Perspective, the innovative space tourism company, is set to revolutionize the sector by selecting the Gulf region as a key launch site for its high-altitude flights. Scheduled for 2025, the company’s plans signal the emergence of the Middle East as a significant player in the global space tourism industry, with far-reaching implications for both the region and the future of space travel. The Gulf’s selection for […]

The rise of stablecoin adoption in Africa has sparked a surge of digital economic activity, with US-based crypto startups leading the charge. This financial shift is largely driven by increasing demand for stable, blockchain-backed currencies that offer a hedge against inflation and volatility, a feature that aligns with the continent’s unique economic challenges. Stablecoins have become a critical tool in enhancing financial inclusion, particularly for underserved populations and markets traditionally excluded from the global financial system.

Several US companies are at the forefront of this movement, offering accessible platforms that enable seamless cryptocurrency transactions across the continent. For example, companies like Yellow Card and other crypto exchange platforms have seen exponential growth in the region, facilitating cross-border payments and enabling users to store wealth in a more stable digital format compared to local currencies that are susceptible to inflation.

Between 2021 and 2022, Africa witnessed a staggering 1200% surge in cryptocurrency adoption, with stablecoins playing a pivotal role in this transformation. As the most widely used digital assets in many African nations, stablecoins provide a vital service by offering an alternative to traditional financial systems that many Africans find inaccessible. These cryptocurrencies are typically pegged to stable assets, like the US dollar, which helps shield users from currency devaluation. They have proven particularly useful for businesses and individuals looking to avoid the risks associated with rapidly fluctuating fiat currencies.

One of the key drivers behind the adoption of stablecoins in Africa is their use in remittances. With millions of Africans living abroad, remittances from the diaspora constitute a significant portion of the continent’s GDP. Traditional money transfer services often charge high fees and can be slow. However, stablecoins allow for nearly instant transfers with minimal fees, making them an appealing alternative for both senders and recipients.

The push for adoption is also supported by local cryptocurrency exchanges, like Yellow Card, which provide users with easy access to stablecoins. According to industry leaders, platforms that embrace stablecoins are able to tap into the growing demand for faster, cheaper, and more reliable digital payments. Furthermore, the integration of blockchain networks like Solana has also helped in reducing transaction fees and increasing the speed of transfers, making stablecoins even more accessible.

Despite the optimism, challenges remain, particularly regarding regulatory frameworks. While some African governments have embraced digital currencies and cryptocurrencies, others have imposed restrictions, complicating the regulatory environment. This has led to a fragmented landscape where the adoption of stablecoins varies significantly across countries. Some countries, such as Nigeria and South Africa, have shown proactive engagement, creating pilot projects and regulations that balance innovation with consumer protection. However, the lack of standardized regulations across the continent continues to pose a challenge.

Education also plays a crucial role in ensuring the success of stablecoin adoption. Many African users are still unfamiliar with how cryptocurrencies work, and a lack of awareness can be a barrier to widespread adoption. To address this, companies like Yellow Card have launched educational initiatives, such as the Yellow Card Academy, which provides free resources to help users understand digital currencies and blockchain technology. These programs aim to foster greater trust in stablecoins and expand the knowledge base, empowering individuals to make informed decisions about their finances.

Highlights of FY24/25 Half-Year Results Group sales US$1,854 million – down 4% compared to first half of the prior financial year Gross profit US$438 million or 23.6% of sales (compared to US$430 million or 22.2% of sales in the first half of the prior financial year) Adjusted EBITA US$177 million or 9.5% of sales (compared to US$180 million or 9.3% of sales in the first half of […]

DigiLeap is a first-of-its-kind AI-driven platform connecting over 200 enterprises, including financial institutions and technology providers, to expedite Singapore and ASEAN’s transition to net-zero. Utilising advanced AI algorithms, DigiLeap customises matches between green projects and decarbonisation solutions, enhancing access to sustainable financing and innovative technologies. Aligned with COP29 priorities, DigiLeap drives impactful climate action across key sectors such as energy, construction, and real estate, fostering substantial environmental […]

By Saifur Rahman Dubai’s state-owned publicly-listed utility Dubai Electricity and Water Authority (DEWA), reported a 6.2 percent growth in revenue reaching a record US$6.4 billion (Dh23.5 billion) and net profit of US$1.5 billion (Dh5.5 billion) in the first nine months of the year. DEWA, the share of which is traded on Dubai Financial Market also declared a US$844.6 million (Dh3.1 billion) dividend to shareholders. DEWA’s first 9-month […]

By Nitya Chakraborty The Ukraine war entered its 1000th day on Tuesday, November 19 and on the same afternoon, President Zelensky used for the first time high tech AATCMS missiles for striking inside Russia after getting green signal from the outgoing President Joe Biden only two days before. Soon after, President Putin announced lowering the […]

NASA astronauts Butch Wilmore and Suni Williams, originally set for an eight-day mission aboard Boeing’s Starliner, now face an extended stay aboard the International Space Station (ISS) due to ongoing technical issues with the spacecraft. Their mission, which began in June, has been prolonged until early 2025, marking a significant deviation from their original schedule. The Starliner capsule encountered problems with its thrusters and helium system, prompting […]

The Woofstock Pet Festival, a one-of-a-kind event for dog enthusiasts, is set to take place at Dubai Islands Beach on November 23 and 24, 2024. This two-day celebration will offer an opportunity for pet owners and their furry companions to engage in workshops, enjoy various activities, and participate in educational seminars, all in a family-friendly and dog-friendly environment. Hosted by Doggie Adventures UAE, Woofstock promises to be […]

Apple has proposed a $100 million investment to resolve the ongoing ban of its iPhone 16 model in Indonesia. This move comes as part of the company’s efforts to comply with new regulations that require foreign companies to increase their investments and local involvement to maintain access to the country’s lucrative smartphone market. The Indonesian government’s decision to halt iPhone 16 sales stems from concerns about the […]

HONG KONG SAR – Media OutReach Newswire – 20 November 2024 – Opportunity London, a new public-private initiative aimed at attracting capital investment to the city, will be heading to the Asia Pacific market for the first time. With a unique prospectus featuring 12 active projects valued at over US$12 billion, it will showcase specific investment opportunities across six asset classes – Low Carbon, Life Sciences, Leisure […]

Global technology provider Gcore and Saudi-based Ezditek have forged a partnership to establish a state-of-the-art AI factory in Saudi Arabia. This collaboration underscores the country’s ambitions to position itself as a key player in the artificial intelligence (AI) industry, accelerating its technological development while reinforcing its global presence in the digital sphere.

The AI factory will serve as a major hub for the research, development, and deployment of advanced AI solutions tailored to diverse sectors, including healthcare, energy, and finance. By leveraging cutting-edge technologies and expertise from both companies, the initiative is set to drive innovation in Saudi Arabia’s rapidly evolving tech landscape.

The venture is poised to create a ripple effect across the region, contributing to Saudi Arabia’s Vision 2030, a broad initiative aimed at diversifying its economy away from oil dependency and establishing the Kingdom as a leader in various sectors, including technology. With the establishment of this AI factory, the nation seeks to solidify its role in the growing global AI market, estimated to be worth over $1 trillion by 2030.

Gcore’s reputation as a global technology provider specializing in cloud infrastructure and AI services positions the company as a pivotal force in shaping the digital future of Saudi Arabia. Its partnership with Ezditek, a prominent player in Saudi Arabia’s digital transformation sector, ensures the successful integration of world-class AI tools and platforms into the local market.

This collaboration marks a significant step in Saudi Arabia’s efforts to become a hub for innovation, not just regionally, but on the global stage. The AI factory is expected to foster partnerships with both regional and international firms, allowing for the exchange of knowledge, research, and technological advancements. By collaborating with local businesses and academic institutions, Gcore and Ezditek aim to cultivate a robust ecosystem that supports both local talent and global experts.

The project has already begun to attract attention from international investors and technology giants looking to tap into the rapidly expanding AI sector in Saudi Arabia. The Kingdom’s strategic location, combined with its vision for the future, has made it an attractive destination for technology companies looking to establish a foothold in the Middle East. The factory will serve as an incubator for AI startups and entrepreneurs, providing them with the tools and resources needed to innovate and thrive in a competitive global marketplace.

Local authorities have hailed the partnership as a crucial milestone in Saudi Arabia’s quest to become a global tech powerhouse. With a growing demand for AI-driven solutions across industries, the Kingdom’s investment in such infrastructure will likely spur further growth in the technology sector, creating new opportunities for skilled professionals and fostering the development of homegrown AI solutions.

The AI factory will not only focus on developing AI technology but will also play a key role in addressing the growing need for AI talent in Saudi Arabia and the wider Middle East. The project will prioritize the training and development of a new generation of AI experts, offering specialized educational programs and internships designed to equip the region’s workforce with the necessary skills to succeed in the digital economy. This talent development initiative is in line with Saudi Arabia’s broader goal of creating a knowledge-based economy that can compete on the global stage.

The collaboration between Gcore and Ezditek comes at a time when Saudi Arabia is expanding its digital infrastructure and investing heavily in emerging technologies. The government has made significant strides in digitalization, evidenced by the establishment of the National Data Management Office and the Digital Government Authority, both of which are tasked with driving the Kingdom’s digital transformation agenda.

The AI factory is expected to complement these efforts by introducing advanced AI systems capable of optimizing processes across various industries, including logistics, manufacturing, and telecommunications. By incorporating AI into these sectors, Saudi Arabia aims to improve efficiency, reduce costs, and enhance the overall productivity of its economy.

This venture also reflects the increasing role of artificial intelligence in shaping the future of global economies. With its vast potential to drive economic growth, AI is increasingly being seen as a critical component of national strategies for innovation and competitiveness. Saudi Arabia’s investment in AI infrastructure signals the Kingdom’s intent to be at the forefront of this technological revolution, positioning itself as a leader in the AI space in the Middle East and beyond.

As part of the collaboration, Gcore and Ezditek will focus on delivering AI-driven solutions that can tackle some of the region’s most pressing challenges, such as energy optimization, water management, and smart city development. These solutions align with the Kingdom’s commitment to sustainability, as AI technologies can significantly enhance the efficiency of resource usage, helping Saudi Arabia achieve its environmental goals while supporting economic growth.

While the AI factory is still in the early stages of development, the partnership between Gcore and Ezditek has generated significant excitement among tech industry leaders and analysts. The venture is seen as a game-changer for Saudi Arabia’s AI capabilities, potentially setting the stage for the Kingdom to become a global leader in AI innovation and application.

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