As Saudi Arabia pursues a path of national digital transformation, stakeholders must take care to ensure the benefits of the digital economy are shared by the whole of society.
The Middle East ICT
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The onset of the pandemic in 2020 gave rise to global acceleration in the uptake of digital platforms and services. This surge was consolidated in 2021, as it became clear – in emerging and developed economies alike – that digital is the new normal.
With connectivity being widely recognised as a key driver of the post-coronavirus economic recovery, GCC countries are poised to benefit from the expansion of their 5G networks.
Sharjah has one of the most diversified economies in the UAE, with a strong foundation in industry and manufacturing. Approximately 95.8% of its economic activity was derived from non-oil sectors in 2019, positioning the emirate to absorb much of the impact of the Covid-19 pandemic.
Saudi Arabia’s tertiary education system is underpinned by a strong network of 29 public universities across the Kingdom, which account for 81% of student enrolment.
Economic update | ESG Report: How can the benefits of the digital economy be extended to all segments of Saudi society?
7 Sep 2021
Saudi Arabia’s long-term vision for economic advancement and diversification is underpinned by commitments that are aligned with ESG principles, with a focus on easing dependence on fossil fuels, expanding opportunities to all segments of society and enhancing the effectiveness of government services.