Saudi Ministerial Delegation Meets with Major US Tech Companies

  • Date: 05-May-2022
  • Source: Asharq AL-awsat
  • Sector:Economy
  • Country:Saudi Arabia
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Saudi Ministerial Delegation Meets with Major US Tech Companies

The Saudi Ministry of Communications and Information Technology (MCIT) is holding meetings with major US technology companies and innovation and space centers.

Minister Abdullah al-Swaha and the accompanying delegation will launch Thursday a series of meetings with the US companies to boost the Kingdom's leading role as a regional center in the Middle East and North Africa.

The meetings aim to consolidate Saudi Arabia's leading position as a technology and innovation hub and attract investments to the Kingdom by establishing strategic partnerships that promote and develop the digital economy, innovation, and space economy, in line with Vision 2030.

Saudi Arabia has ranked second globally among the G20 countries in the Digital Competitiveness Report for 2021 issued by the European Center for Digital Competitiveness.

The Kingdom seeks to boost communication and relations with developed countries in the field, including the US.

Saudi Arabia said it is adopting a package of initiatives and investments at the LEAP conference, which it hosted last February.

It is determined to continue building its digital economy and transform it into an innovation-based economy, expanding the impact to serve humanity and preserve the planet.

The Kingdom continues to establish partnerships with many entities and sectors to accelerate innovation in the communications and information technology