Saudi Arabia Topics

Between 2013-2025, GCC countries will spend 1 trillion on defense

pmatay@marcopolis.net (Peter Matay) — Thu, 26 May 2016 00:00:00 +0000

Between 2013 and 2025, GCC countries will have spent roughly 1 trillion on defence and about 30% of this is dedicated to capital expenditures. If a 35% offset requirement is enforced this means that 105 billion could either be invested or sourced domestically creating more than 280,000 jobs.

With over 27 million consumers, Saudi Arabia is the largest ICT market in the Middle East

pmatay@marcopolis.net (Peter Matay) — Tue, 12 Apr 2016 00:37:00 +0000

With over 27 million consumers and a number of global enterprises, Saudi Arabia is the largest ICT market by far in the Middle East. For example, the Saudi telecoms and information technology industry represents about 51 to 55% of the total Middle Eastern market.

Mobily: exclusive interview with Ahmed Farroukh

pmatay@marcopolis.net (Peter Matay) — Tue, 12 Apr 2016 00:34:00 +0000

Our focus in investment will definitely be on 4G. It will take almost two years of testing for 5G to see the light. For us, LTE will be our main investment.

Market for IT services in Saudi Arabia grows 12-13% annually

pmatay@marcopolis.net (Peter Matay) — Mon, 11 Apr 2016 00:37:00 +0000

The market for IT services grew at about 12 to 13%.