Saudi Arabia's position is extraordinary. The Kingdom has declared 2026 the Year of Artificial Intelligence — a designation approved by Royal Cabinet and championed personally by HRH Crown Prince Mohammed bin Salman. SDAIA has led the National Strategy for Data and AI since 2019, moving the Kingdom from planning to full execution. Government spending on emerging technologies rose by over 56% in 2024, and AI companies secured $9.1 billion in funding. The launch of HUMAIN — a full-stack AI company under PIF, chaired by HRH Crown Prince Mohammed bin Salman — signals that Saudi Arabia intends to be not just a customer of global AI, but a producer, exporter, and global standard-setter.
Canada's trajectory is equally significant. Prime Minister Mark Carney has made AI a centrepiece of his economic agenda — appointing the world's first Minister of Artificial Intelligence and Digital Innovation, committing nearly $3 billion to sovereign AI infrastructure, and mandating the federal government to deploy AI at scale. Canada is rebuilding its national AI strategy from the ground up in 2026, focused on sovereign infrastructure, ethical governance, and building coalitions with aligned middle-power partners.
The implications for Maingate are profound. Internally, the firm must itself become an AI-powered organisation — clients in both markets expect their advisors to demonstrate AI fluency. Commercially, there is a direct revenue opportunity in positioning Maingate as the firm that connects Canadian AI capability with Saudi AI demand. Strategically, there is a once-in-a-generation opportunity to become the recognised bridge between two aligned national AI programmes at their moment of mutual acceleration.