Saudi Arabia ICT Articles & Analysis

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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...

Home to an estimated 15% of the world’s proven oil reserves and the single-largest economy in MENA, Saudi Arabia is a key regional and global player. The Vision 2030 blueprint sets out regulatory, budget and social reforms that will be implemented over the coming decade as the nation sets about curbing its reliance on crude oil production and export, which accounted for 43.5% of GDP in 2018.

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.

 

The cost of a smartphone in Saudi Arabia has declined rapidly in recent years. The arrival of affordable brands such as China’s InnJoo, which entered the market in late 2014 with a model priced at SR299 ($79.70), has made smartphone technology more accessible than ever. In July 2017 another Chinese firm, Huawei, pushed the iPhone into third...

 

How will the planned digitisation policies impact the Kingdom’s citizens and businesses?

 

One of the effects of the current low-oil price environment has been a return of the concept of Saudiisation to the top of the economic agenda – a development which has had significant impacts on the telecoms sector. In 2016 the Kingdom introduced its latest iteration of the nitaqat framework, a system that evaluates companies on their...