Saudi Arabia ranks 2nd in G20 & 4th globally in preparedness of digital systems

Moody's raises Saudi Arabia to positive outlook
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By Arya M Nair, Official Reporter
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The Kingdom of Saudi Arabia has been ranked second among the G20 Members and fourth globally in the preparedness of digital systems, according to a report released today by the International Telecommunication Union (ITU), a specialized agency of the United Nations responsible for all matters related to information and communication technologies.

This follows its success in building a sustainable regulatory framework and shifting towards digital collaborative regulation to empower the digital economy.

Governor of the Communications and Information Technology Commission (CITC), Dr. Mohammed bin Saud Al Tamimi said that the Kingdom’s new global achievement was the result of the endless support of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister.

Dr. Al Tamimi also explained that the Saudi Vision 2030 has laid down the foundations of a strong and efficient telecommunications and information technology sector that led to the development of an ambitious strategy for digital transformation in line with global trends.

The CITC has launched several initiatives to upgrade the telecommunications and IT sector to the highest levels, including the establishment of the national academy for digital systems, as a strategic step towards attracting investments and accelerating the digital transformation endeavor.

CITC Governor added that the Commission has enhanced the Kingdom’s competitiveness by focusing on cooperative regulating and including all stakeholders in its enterprises, indicating that the ITU report has highlighted several challenges facing regulating agencies, including primarily monitoring competence and sustainable growth.

Related: Saudi Arabia CIO Summit 2023 to be held in September

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