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Türkiye has the capacity to attract up to $30 billion in foreign direct investment each year, according to a leading sector representative. While FDI inflows grew 35% to $11.6 billion, reaching the full potential hinges on maintaining policy stability, advancing green and digital reforms, and bolstering investor confidence.Senior US officials delivered an angry rebuke to the Israeli PM, warning that an assassination strike breached the ceasefire and directly undermined President Trump's credibility as a mediator, according to a report.UNICEF has warned of a rapidly escalating humanitarian crisis in eastern Democratic Republic of Congo, where renewed fighting has displaced more than 500,000 people since December 1, including over 100,000 children. The violence has spread into South Kivu province, damaging schools and forcing families to flee into neighboring Burundi and Rwanda. The US has accused Rwanda of violating a recent Washington-brokered peace agreement.UNICEF has warned of a rapidly escalating humanitarian crisis in eastern Democratic Republic of Congo, where renewed fighting has displaced more than 500,000 people since December 1, including over 100,000 children. The violence has spread into South Kivu province, damaging schools and forcing families to flee into neighboring Burundi and Rwanda. The US has accused Rwanda of violating a recent Washington-brokered peace agreement.Turkish Foreign Minister Hakan Fidan has emphasized that international and regional cooperation is essential for Syria's recovery, noting that initial investments are taking shape amidst enormous destruction. He identified the SDF-controlled northeast and Israeli-engaged south as key security concerns. Separately, Fidan urged a limited maritime agreement to protect commercial navigation in the Black Sea if a full Ukraine ceasefire remains elusive.
Türkiye has the capacity to attract up to $30 billion in foreign direct investment each year, according to a leading sector representative. While FDI inflows grew 35% to $11.6 billion, reaching the full potential hinges on maintaining policy stability, advancing green and digital reforms, and bolstering investor confidence.Senior US officials delivered an angry rebuke to the Israeli PM, warning that an assassination strike breached the ceasefire and directly undermined President Trump's credibility as a mediator, according to a report.UNICEF has warned of a rapidly escalating humanitarian crisis in eastern Democratic Republic of Congo, where renewed fighting has displaced more than 500,000 people since December 1, including over 100,000 children. The violence has spread into South Kivu province, damaging schools and forcing families to flee into neighboring Burundi and Rwanda. The US has accused Rwanda of violating a recent Washington-brokered peace agreement.UNICEF has warned of a rapidly escalating humanitarian crisis in eastern Democratic Republic of Congo, where renewed fighting has displaced more than 500,000 people since December 1, including over 100,000 children. The violence has spread into South Kivu province, damaging schools and forcing families to flee into neighboring Burundi and Rwanda. The US has accused Rwanda of violating a recent Washington-brokered peace agreement.Turkish Foreign Minister Hakan Fidan has emphasized that international and regional cooperation is essential for Syria's recovery, noting that initial investments are taking shape amidst enormous destruction. He identified the SDF-controlled northeast and Israeli-engaged south as key security concerns. Separately, Fidan urged a limited maritime agreement to protect commercial navigation in the Black Sea if a full Ukraine ceasefire remains elusive.

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Saudi Arabia targets global AI leadership with new firm Humain

Yenişafak
18:06, 02/11/2025, Sunday
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Saudi Arabia targets global AI leadership with new firm Humain
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Saudi Arabia is leveraging its oil wealth to become a top-three global AI power, spearheaded by the sovereign-backed firm Humain. CEO Tareq Amin revealed ambitious plans, including a massive 6-gigawatt data center network by 2034 and a new AI operating system, citing the kingdom's cheap energy as a key competitive advantage in this strategic sector.

Saudi Arabia is deploying its substantial financial resources from oil revenues to pursue an ambitious artificial intelligence strategy, with the state-backed company Humain leading the charge to position the kingdom as a dominant global force in the sector.

Ambition and Competitive Edge

Humain's Chief Executive, Tareq Amin, has publicly stated the goal is for Saudi Arabia to rank as the world's third AI powerhouse, trailing only the United States and China. He identifies the nation's abundant and inexpensive energy supply as a primary advantage, crucial for powering the intensive computational demands of AI data centers. "We have an advantage in Saudi Arabia," Amin told CNN, highlighting that the existing grid saves the company significant development time.

Strategic Partnerships and Infrastructure

The company's detailed roadmap, discussed at Riyadh's Future Investment Initiative, involves building up to six gigawatts of data center capacity across the nation by 2034. To achieve this, Humain is collaborating with industry giants like Nvidia and Amazon Web Services and has secured a major $3 billion agreement with Blackstone for data center construction, signaling serious financial commitment.

Product Launch and Regional Context

Humain also introduced "Humain One," an AI operating system that uses voice and text commands, which is already streamlining internal operations such as HR and finance. This push into artificial intelligence occurs as neighboring UAE, through its firm G42, also expands its own AI capabilities, setting the stage for the Gulf region to become a significant new hub for technological development, a field where Türkiye is also actively fostering its own national capabilities.

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