ICT Sector Research Highlights

Analysis

How the rollout of 5G in the GCC is creating efficiencies
OBG
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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. 5G in the GCC Kuwait’s 5G strategy is part of the wider digital ambitions laid out in New Kuwait 2035 of accelerating digital development to attract foreign investment, laying the foundations…

Analysis

Cloud solutions central to Kuwait's digital transformation
OBG
plus

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. Cloud services have become central to corporate digital transformation processes in…

Analysis

How governments are responding to rising cyberthreats
OBG
plus

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 cybersecurity and data-security risks. Senior cybersecurity…

Analysis

Digital technologies foster sustainable development in Kuwait
OBG
plus

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 have been instrumental in achieving this goal, spurring economic…

Overview

Increased investment in Kuwait ICT improving public and private sector outcomes
OBG
plus

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 (fintech). The highly…

Interview

Maziad Alharbi, CEO, stc Kuwait: Interview
OBG
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Interview:Maziad Alharbi As Kuwait continues to diversify its economy, what role might the local ICT sector play in accelerating the country’s post-pandemic recovery? MAZIAD ALHARBI: Kuwait has been developing its ICT sector for the past decade. However, the Covid-19 pandemic hastened the rate by which the country adapted to challenging new scenarios. For example, the education sector had…

Chapter

The Report: Kuwait 2022: ICT
OBG
plus

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…

Country Report

The Report: Kuwait 2022
OBG
plus

Aided by elevated oil revenue and the resumption of economic activity after the Covid-19 pandemic, Kuwait was able to narrow its budget deficit for FY 2021/22 year and record GDP growth in excess of 8% in 2022. With a newly elected Parliament in place and a new Cabinet appointed, there is renewed hope that the country will undertake the reforms needed for long-term economic growth and diversificat

Chapter

The Report: Saudi Arabia 2022: Innovation
OBG
plus

A productive cross-sectoral innovation ecosystem underpins the world’s leading economies, enabling countries such as the US, China and Germany to respond effectively to existential challenges, economic inefficiencies and commercial opportunities that ultimately bolster economic sustainability. In recognition of this, Saudi Arabia’s government is working to plug gaps in the Kingdom’s own innovation…

Interview

Omer Alnomany, CEO, solutions by stc: Interview
OBG
plus

Interview:Omer Alnomany In what ways can the local ICT sector accelerate Saudi Arabia’s post-pandemic recovery? OMER ALNOMANY: Every crisis offers an opportunity, and the Covid-19 pandemic was no different. We are emerging stronger from it, thanks to positive developments in the ICT market, including in terms of digital solutions. IT spending has increased across the economy as the importance…

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