logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Saudi Arabia secures second spot among G20 in IDI index

Saudi Arabia secures second spot among G20 in IDI index

NOHA.GAD
Jul 16, 2024
Saudi Arabia ranked second among G20 countries in the ITU's ICT Development Index 2024

Riyadh - Sharikat Mubasher: Saudi Arabia ranked second among the G20 countries in the ICT Development Index (IDI) 2024 for the second consecutive time, a recent statement by the Saudi Communication, Space, and Technology Commission (CST) revealed.

The Kingdom also secured the top spot among the G20 in the pillar of meaningful connectivity and achieved second place in the pillar of universal connectivity.

These achievements reflect Saudi Arabia’s continuous efforts to develop and enhance the ICT sector and underscore the Kingdom’s leading position in the international index related to the ICT sector.

Further, the commission unveiled that the Saudi ICT market is the largest and fastest growing in the Middle East and North Africa (MENA) region, with market value amounting to SAR 166 billion.

Issued by the International Telecommunication Union (ITU), the IDI measures the development of ICT services in 170 countries through two main pillars: universal connectivity and meaningful connectivity. These pillars measure digital progress and the strength of digital infrastructure.

Tags

Saudi Arabia
G20
ICT
MENA
Share

Attract clients with your ad

Start Now

Trending

Khalifa Fund, Hub71 launch 1st MZN Cohort for Emirati startups
MUBASHER
Mastercard expands ‘Lighthouse Program’ to UAE to support AI innovation
MUBASHER
Huawei, GAPP join forces to boost Saudi Arabia’s cloud ecosystem
MUBASHER.SA
Falak Investment Hub, The Insurtech to support insurance innovation in Saudi Arabia
MUBASHER.SA
JCIF launches $70mn Manara Fund to back tech companies in Jordan
MUBASHER

Related News

Private Equities News
Calendar Icon
May 21, 2026
Khalifa Fund, Hub71 launch 1st MZN Cohort for Emirati startups
Read More
Private Equities News
Calendar Icon
May 21, 2026
Mastercard expands ‘Lighthouse Program’ to UAE to support AI innovation
Read More
Private Equities News
Calendar Icon
May 21, 2026
Huawei, GAPP join forces to boost Saudi Arabia’s cloud ecosystem
Read More
Private Equities News
Calendar Icon
May 21, 2026
Falak Investment Hub, The Insurtech to support insurance innovation in Saudi Arabia
Read More
Private Equities News
Calendar Icon
May 20, 2026
SAL achieves landmark Triple ISO Certification in Saudi logistics sector
Read More
Private Equities News
Calendar Icon
May 20, 2026
Tarmeez Capital partners with IE University to drive AI, fintech in Kingdom
Read More
Private Equities News
Calendar Icon
May 20, 2026
Goldman Sachs to arrange $5.3bn financing for Humain’s data centers
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher