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FINANCIAL NEWS
Saudi Arabia’s ICT sector to reach USD 11.64bn by 2020
02 May 2016
(MENAFN) Saudi Arabia is the largest economy among the GCC and home to some of the companies in the region.
Accordingly, the kingdom’s ICT spending is set to increase to USD 11.64bn by 2020; emphasizing the government initiatives to create a sustainable economy.
In addition, the kingdom will address main challenges, chances, and priorities set to dictate the Saudi ICT investment landscape in the next 12 months.
On the other hand, this illustrates the increasing impact of CIOs amid the Saudi business landscape as they are fast emerging as the most prominent decision makers.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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