Saudi Arabia ICT

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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.

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.

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.

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. 

E-commerce in Saudi Arabia has received a boost following the launch of the Kingdom’s first foreign digital payments platform, a development that should support the growing number of online shoppers and contribute to government efforts to diversify the economy.

Several international players have recently committed to enhancing their engagement with Saudi Arabia’s ICT sector.

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