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FinancialNews


  • 01-03-16

    Digitization to boost KSA USD 4tr economic plan

    (MENAFN) Digitization will boost Saudi Arabia's potential USD 4tr non-oil economic investment needed through 2030, as stated from industry experts.

    However, facing unstable oil and gas market, the Kingdom's economic transformation could double GDP by USD 800bn, create 6mn jobs.

    Accordingly, KSA can super-charge its economy, unleash the private sector potential and leapfrog established economies in raising productivity.

    In addition, tech alone cannot solve all problems, but will be key to changing all of the kingdom's verticals; digital platforms across many sectors can match job skills.

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