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 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...
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 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 the world’s largest military spender per capita, Saudi Arabia is also examining ways to balance the books by maintaining the balance of power in the Middle East. At the same time, it is examining ways to balance its books by ensuring that a growing percentage of spending is on hardware locally produced within the Kingdom. Vision 2030 aims...
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