Saudi Arabia is Ranked Sixth Among G20 Countries in Terms of Market Value, According to CITC

Dr Al-Tamimi describes Saudi Arabia's communications business as one of the fastest expanding in the G20 countries & ranks 6th in the world.

Riyadh: Dr. Mohammed Bin Saud Al-Tamimi, Governor of the Communications and Information Technology Commission (CITC), inaugurated the eighth edition of the CT Indicators Forum 2022 (G20 Countries), In Riyadh on Tuesday.

With the patronage and presence of Eng. Abdullah Al-Swaha, Minister of Communications and Information Technology. Also, the participation of several ministers, sector leaders, heads of Saudi technology companies.

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Also, several experts and specialists in the communications and information technology sector.

Through his opening speech, Dr. Al-Tamimi stated that the progress seen in the communications and information technology sector in Saudi Arabia reflects the wise leadership’s interest and support for this vital sector.

Also, the close supervision of the minister of communications and information technology, who is also the chairman of CITC.

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He described Saudi Arabia’s communications business as one of the fastest expanding in the G20. Thanks to the incentives provided by Saudi Vision 2030 and its role in boosting growth and innovation.

It pushed Saudi Arabia to the sixth rank among G20 countries in terms of market value. It achieved the highest rates of progress and achievement among them through the frequency spectrum allocated for mobile communication services at the international level. Making it rank second among G20 countries.

He also said that the forum focuses on three main goals: providing the latest data and information on the sector through modern and performance indicators. It also sheds light on the latest global communications and information technology trends.

He stated that this affects the Kingdom of Saudi Arabia and the region and beyond. Also their influence on public life, work styles, and how people communicate. Encouraging and enriching constructive dialogue on some of the challenges and opportunities that economies face today.

The summit will also look into the answers that the communications and information technology sectors should supply in a rapidly transforming world into a digital one. — The SPA

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