Saudi Arabia introduced key changes in recent years related to ICT, including the creation of new oversight authorities and regulatory frameworks. These reforms are expected to help further develop and support growth in the sector as the country shifts towards a knowledge-based economy. As a sign of the importance that the Kingdom places on...
Saudi Arabia’s Vision 2030 – the Kingdom’s longterm economic development and diversification programme – is seeking a digital transformation across society, government and the economy. The ICT sector is at the forefront of this change, and is poised to be a key element of diversifying the economy towards non-oil growth. In the last few years...
Managed services such as cloud computing have seen significant growth in Saudi Arabia in recent years. This was reflected in the Kingdom’s jump of 16 places in the ICT adoption pillar of the World Economic Forum’s 2019 global competitiveness index, with the country ranking 38th out of 141 countries, up from 54th in 2018. Both the public and...
The ICT sector is at the forefront of the digital transformation outlined in Saudi Arabia’s Vision 2030, and is poised to be a key element of diversifying the...
Saudi Arabia’s decision to weaken the link between hydrocarbons and economic growth, and pursue a policy of diversification has seen a wide range of projects come to fruition in the last several years. While at present the Covid-19 pandemic and the unprecedented plunge in oil prices are causing significant short-term uncertainty, the reforms that have been put in place in recent years should stand the Kingdom in good stead over the longer term.
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