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Saudi Arabia CIT is the largest in the Middle East

Saudi Arabia CIT is the largest in the Middle East
17 Sep

Riyadh - SPA

Saudi Arabia Communications and Information Technology industry achieved substantial
growth of revenues in 2012 at 12% generating SR 90 billion in revenues. Internet users
have increased to 15.8 million up by 54.1% from 5% in 2001. Aware of the crucial need to
keep pace with world dramatic developments in the communications industry and the ensued
structural changes in the industry's competition and investment environment, Saudi
government regulated this sector. A royal decree has been issued to this effect on
12/3/1422.

According to the CIT Commission, Investments amounted to SR 94 billion in 2012 as
compared to SR 21 billion in 2002.

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