ICT

Chapter | ICT from The Report: Kuwait 2022

Technology development is central to Kuwait’s long-term plans to diversify the economy, with the government attempting to position the country as a regional leader in ICT and financial services. The competition in those spaces across the GCC is fierce, and countries such as the UAE and Saudi Arabia are making concerted investment in ICT infrastructure and financial technology. The highly competitive local telecommunications market is proving beneficial to Kuwait’s plans, as is the country’s active and engaged consumer market, particularly in the mobile sector. Consolidation has been a trend in recent years as major tech players move to strengthen their market positions and diversify their services.

This chapter contains an interview Maziad Alharbi, CEO, stc Kuwait.

Displaying 1 - 6 of 1794

 

Advanced technologies are being adopted across the business landscape, bringing innovation and disruption and driving growth. Cloud services have helped businesses transform their processes across a broad range of sectors in recent years. As such, cloud solutions have emerged to form a dynamic and growing industry.

...

 

With connectivity widely recognised as a key driver of the post-Covid-19 economic recovery, the GCC countries are poised to expand their 5G networks and in turn increase the value of the region’s ICT industry.

 

Russia’s invasion of Ukraine in February 2022 caused disruptions across the global economy, prompting an increase in the number and sophistication of cyberattacks. According to a poll of 800 chief audit executives conducted by the UK-based Chartered Institute of Internal Auditors, 77% of respondents thought the war in Ukraine had elevated...

Technology development is central to Kuwait’s longterm plans to diversify the economy, with the government attempting to position the country as a regional leader in ICT and financial services. The competition in those spaces across the GCC is fierce, as countries such as the UAE and Saudi Arabia are making concerted investment in ICT infrastructure and financial technology (...

 

As Kuwait continues to diversify its economy, what role might the local ICT sector play in accelerating the country’s post-pandemic recovery?

 

Since the beginning of the Covid-19 pandemic, mobile networks have provided the reliable connectivity needed to sustain economic and social activities. As MENA countries gradually brought the pandemic under control, their governments have sought to drive economic recovery and foster sustainable development. Digital services and technologies...

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart