Individual investment portfolios in Saudi stock market rise 13.5% in Q1 2025    Saudi Arabia's digital experience maturity index reaches 86.7% in 2025    Makkah region prisons sign strategic MoUs with three universities    For big tech, the future in Saudi Arabia lies in nurturing local expertise    Fakeeh group delivers 1H 2025 revenue of SR1.51 billion, up 13% year-on-year Attributable profit rises to SR154 million, solid 28% year-on-year fuelled by patient growth across the group    World marks 80 years since US dropped atomic bomb on Japan as global powers still trade nuclear threats    More than 100 missing after flash floods in India    UN official says Israel expanding Gaza operations would risk 'catastrophic consequences'    Trump's envoy Witkoff meets Putin as ceasefire deadline looms    Al Hilal fined, banned from next Saudi Super Cup after withdrawal    Ed Sheeran surprises fans with Irish performance    'The Walking Dead' actress Kelley Mack dies at 33    Saudi Arabia to host forum on Hajj and Two Holy Mosques history in November    Saudi Arabia unveils official identity and slogan for 95th National Day    Heritage Commission reports 24 violations of archaeological sites and artifacts in July    Danish zoo asks for unwanted pets to feed its predators    Saudi Arabia's 'Terhal' returns with immersive second edition in Diriyah    Al Qadsiah sign Saudi starlet Musab Al Juwayr from Al Hilal    Salm Al-Dawsari returns to Al Hilal training after injury layoff    Saudi defender Saud Abdulhamid joins RC Lens on loan from AS Roma    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



UAE to spend $15b on ICT by 2011
Published in The Saudi Gazette on 18 - 09 - 2008

The UAE is one of the leading countries in the Middle East when it comes to spending on Information and Communications Technology (ICT), according to a recent report.
Research conducted by economic and financial analysts Global Insight shows that the UAE is currently spending $11.4 billion on ICT and that figure is set to rise to $14.8 billion by 2011.
Hundreds of companies from across the UAE will participate at Gitex Technology Week on Oct. 19-23 at Dubai International Convention and Exhibition Center, looking to build on strong relationships between the rest of the world and the UAE technology industries.
Al Salwa Computer Devices, Al Yah Satellite Communications, Avaya Intelligent Communications, CERT, Etisalat, Jacky's Middle East, Mitel Networks, Ortronics, Roads and Transport Authority (RTA) and Thuraya Satellite are some of the other UAE companies participating.
They will sit alongside other major international exhibitors such as Blackberry, Dell, Etisalat, Microsoft Dynamics, Oracle Systems, Panasonic, Sharp and Symantec.
“Many ICT companies from across the world are using the UAE as a base for their Middle East global operations. Gitex Technology Week is helping with this huge increase in spending by allowing UAE and international companies to connect with businesses and establish lasting working relationships,” said Helal Saeed Almarri, director general, Dubai World Trade Cente, organizer of Gitex Technology Week.
The largest area of spending in the UAE ICT market, according to the research, is within the consumer sector, with $5.3 billion currently being spent; a figure that is set to rise to $6.8 billion in the next three years. The UAE is also currently spending nearly $1 billion on ICT in the communications, energy and utilities, and Government sectors, with each rising to $1.2 billion by 2011.
Sami Abi Esber, president, Mideast Data Systems, said: “Gitex Technology Week is always a very important exhibition where our group MDS UAE, chosen by IDC as the number one IT service company in UAE for the fourth consecutive year, gets the opportunity to highlight its services to a global market.” __


Clic here to read the story from its source.