Market Outlook•
Saudi Roundup: Record Growth Across Digital & Energy Sectors
This edition of the Saudi Roundup highlights record investment licensing, strong FDI growth, major infrastructure projects, and key advances in the digital economy and renewable energy. General Economy & Business Digital Economy Reaches 16% of Saudi Arabia’s GDP The digital economy’s contribution to Saudi Arabia’s GDP increased to 16% in 2024, up from 15.6% in 2023. The Information and Communications Technology (ICT) sector generated operating revenues of SR249.8 billion ($66.6 billion), led by telecommunications with SR133.9 billion. ICT imports surged […]
