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IMF: Saudi Arabia Secures Prestigious Position in Digital Infrastructure

The International Monetary Fund (IMF) has commended Saudi Arabia’s pioneering status among Gulf Cooperation Council (GCC) countries in the digital infrastructure sphere, according to Saudi Gazette.

The IMF emphasized that the Kingdom has the largest number of data centers among GCC countries.

This remarkable milestone is driven by the Kingdom’s rapid growth of data analysis and AI technologies under the leadership of its national digital entity, the Saudi Data and Artificial Intelligence Authority (SDAIA).

Titled “Digital Transformation in the Gulf Cooperation Council Economies,” the IMF’s recent study has lauded SDAIA’s pivotal efforts in elevating the digital infrastructure through the National Strategy for Data and AI.

Apart from this, the IMF has praised Saudi Arabia’s issuance of the Personal Data Protection Law, emphasizing that such an important step stands as a testament to the Kingdom’s dedication to maintaining strong data governance and privacy.

In line with global standards, the law aims to provide a dynamic regulatory environment and protect individual and institutional rights.

Through its strategic initiatives, SDAIA is currently leading and operating sustainable data centers that are certified by the global authority on data center classifications, the Uptime Institute.

Importantly, the IMF also highlighted the Kingdom’s remarkable success in launching a vast array of digital platforms that have played a crucial role in accelerating digital transformation.

These platforms have also fulfilled objectives of the Saudi Vision 2030 in promoting quality of life and boosting service reliability and accessibility.

 

Related Topics:

Saudi Arabia Soars as Global Economic Leader: Top IMF Official Shares Bold Insights

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