Saudi Arabia’s IT industry currently worth $12 bln: minister

28/02/2019 Argaam

 

The size of Saudi Arabia’s information technology (IT) market including IT services, software and equipment is $12 billion, while the Kingdom’s emerging technology market size is $10 billion, the Saudi Press Agency (SPA) reported on Wednesday, citing the Kingdom’s Minister of Communications and Information Technology, Abdullah Al-Swaha.

 

“Saudi Arabia made great progress in the transformation to the digital economy. It seeks to become the largest digital market in the Middle East and North Africa (MENA),” Al-Swaha said on the sidelines of the Mobile World Congress (MWC) in Barcelona, Spain.

 

Al-Swaha expected the Kingdom’s smart cities projects to contribute around $2 billion to gross domestic product (GDP) by 2030.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read