The government believes there is an important role for innovation, start-ups, and small and medium-sized enterprises (SMEs) in its push to modernise the economy. In line with this, the Saudi Arabian General Investment Authority (SAGIA) is seeking to do two things: improve the ease of doing business for firms of all sizes, and encourage and...
Like other sectors of the economy, development of Saudi Arabia’s ICT industry is being deeply influenced by the government’s Vision 2030 strategy that emphasises the need for diversification and modernisation. However, in the context of this roadmap, ICT is not being addressed as a standalone sector, but rather as a fillip to help all other...
The advent of 5G mobile service in Saudi Arabia offers a major leap forward in communications quality, which is critically important to the Kingdom’s plans to modernise and develop a diversified, globally competitive economy. A 5G network will be faster, able to handle more data and can do so with lower latency – the delay in processing large...
As more commercial transactions move online and the digital economy continues to expand into every facet of the traditional analogue economy, businesses are gaining access to new channels to reach existing clients and expand their market share with competitive digital offerings. For consumers, the digital growth promises easier access to and...
While encouraging greater use of ICT to make the economy more competitive, the Saudi authorities are also eager to see jobs created in the sector. There is, however, some uncertainty regarding how the impact of new technologies on employment will play out. Broadly speaking, there are at least three key points that should be considered. The...
The cost of a smartphone in Saudi Arabia has declined rapidly in recent years. The arrival of affordable brands such as China’s InnJoo, which entered the market in late 2014 with a model priced at SR299 ($79.70), has made smartphone technology more accessible than ever. In July 2017 another Chinese firm, Huawei, pushed the iPhone into third...
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