By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Arabian NewsThe Arabian NewsThe Arabian News
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Reading: Saudi Arabia Set to Become Global Data Hub, Expands Beyond Oil
Share
The Arabian NewsThe Arabian News
  • Politics
  • Pursuits
  • Business
  • Technology
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
alt="Saudi Arabia Set to Become Global Data Hub, Expands Beyond Oil"
The Arabian News > Economics > Saudi Arabia Set to Become Global Data Hub, Expands Beyond Oil
Economics

Saudi Arabia Set to Become Global Data Hub, Expands Beyond Oil

admin
SHARE

Saudi Arabia is positioning itself to become a leading global data hub, planning to export data as part of its broader strategy aimed at getting its economy off oil. The new move falls in line with the “Vision 2030” roadmap, which has committed to reducing dependence on fossil fuels through investment in non-oil sectors, such as technology and data. With big data, the kingdom will achieve robust digital infrastructure capable of attracting business globally, while innovation can take place in many areas.

The initiative is on building world-class data centers, improving data management, and ensuring cybersecurity to meet international standards. The plan by Saudi Arabia to capitalize on its strategic location and technological advancements could position it as a key player in the global data market in view of the rising digital economy. The government is also interested in foreign investment and, meanwhile, creating job opportunities in the tech sector.

This drive for data export is considered to be one of the steps in enhancing technological capacities of Saudi Arabia, which at the same time will contribute towards growth and sustainability of its economy. It will also enable access to the high demand of data in the global arena that, ultimately, propel it to becoming a hub of innovation and digital transformation leader.

As the Kingdom continues to transform its economy, the move towards becoming a global data hub reflects Saudi Arabia’s forward-thinking approach and its commitment to a diversified, tech-driven future.

 

You Might Also Like

Corporate Tax in the UAE: The New Reality for Businesses

Maxed Out Credit? Here Are 3 Steps to Get Out of a Debt Trap

EMB and Reach Digital Sign Strategic MOU at GITEX 2024

Emaar’s Q1 Profit Jumps, Property Sales Reach Dh19.3B with Robust Demand

Al Ansari Financial Services Completes $200 Million Acquisition of BFC Group

TAGGED:Saudi Arabia Set to Become Global Data Hub
Share This Article
Facebook Twitter Email Print
Previous Article alt="Noman Ali makes Pakistan history by hitting hat-trick against West Indies" Noman Ali makes Pakistan history by hitting hat-trick against West Indies
Next Article alt="Saudi Arabia Vows to Support Syria's Reconstruction in Historic Visit" Saudi Arabia Vows to Support Syria’s Reconstruction in Historic Visit

Popular News

alt="world-governments-summit-2026-begins-in-dubai-rta-issues-travel-and-parking-guide"
World Governments Summit 2026 Begins In Dubai: RTA Issues Travel And Parking Guide
Uncategorized
alt="the-philippine-congress-receives-new-impeachment-complaints-against-top-leaders"
The Philippine Congress Receives New Impeachment Complaints Against Top Leaders
Uncategorized
alt="kuwait-deports-3500-expatriates-in-major-crackdown-on-residency-violations"
Kuwait Deports 3,500 Expatriates In Major Crackdown On Residency Violations
Uncategorized
alt="kuwait-authorities-announce-a-major-crackdown-on-a-cyberfraud-network"
Kuwait Authorities Announce A Major Crackdown On A Cyberfraud Network
Uncategorized

Recent News

  • Tropical Cyclone Basyang Intensifies, Signal No. 1 Raised in Surigao del Sur
  • New Index Ranks Arab Cities’ Creative Power at World Government Summit 2026
  • Kuwait Deports 3,500 Expatriates In Major Crackdown On Residency Violations
  • The Philippine Congress Receives New Impeachment Complaints Against Top Leaders
  • Sharjah Police Foil Document Forgery Plot, Arrest Suspect At Typing Centre
The Arabian News

Quick Links

  • Home
  • Business
  • Real Estate
  • Contact

Featured Categories

  • Real Estate
  • Wellness
  • Politics
  • Economics

Find Us on Socials

© 2024 The Arabian News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?