August 2021
The Kingdom of Saudi Arabia announced today a package of qualitative initiatives and technological programs with a total value of nearly SAR4 billion, the biggest technological launch of its kind in the Middle East and North Africa.
The move, done in cooperation with ten of the world's key technology giants, aims to enhance digital capabilities and designed to create one programmer out of every 100 Saudi nationals by 2030, in addition to encouraging innovation and creativity and achieving global leadership.
The Ministry of Investment of Saudi Arabia (MISA) reported today that more foreign investor licenses were issued during Q1 2021 than during any previous quarter since Saudi records began in 2005, as the Kingdom’s investment recovery accelerates.