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Saudi Arabia's ICT spending to reach $32.9bn in 2022: IDC

RIYADH: Saudi Arabia’s information and communications technology, or ICT, spending is expected to reach $32.9 billion in 2022, a year-on-year growth of 2.3 percent, the International Data Corp. forecasted. The Saudi ICT sector expanded 8 percent between 2019 and 2021, to reach a value of $32.1 billion. This came during the 8th edition forum, hosted jointly by the ....

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Saudi ICT spending to hit $32.9 billion in 2022: IDC

Saudi Arabia’s ICT sector, which expanded 8% between 2019 and 2021 to reach a value of $32.1 billion, is expected to witness a year-on-year growth of 2.3% for 2022, with ICT spending set to top $32.9 billion (SR123.4 billion), said IDC. ....

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UAE, Saudi Arabia drive regional growth for startup sector

UAE, Saudi Arabia drive regional growth for startup sector
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Filed on April 3, 2021
The UAE has emerged as tech startup nation in Mena region, in terms of total capital investment by value and by no of deals.
Vijay Tirathrai, managing director of Techstars.
Alexis Lecanuet, regional managing director for Accenture in the Middle East.
Noor Sweid, founder and general partner of Global Ventures.
Taha Sajid, blockchain consultant.
Accelerators like Techstars are playing a pivotal role with tech hubs like Hub71 to facilitate innovation and investment in new startups.
The UAE and Saudi Arabia are seeing the startup sectors booming in the region as young entrepreneurs navigate for futuristic and innovative platforms. ....

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UAE, Saudi Arabia drive regional growth for startup sector

UAE, Saudi Arabia drive regional growth for startup sector
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UAE, Saudi Arabia drive regional growth for startup sector

UAE, Saudi Arabia drive regional growth for startup sector
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