Saudi Arabia is the Third in 5G deployment global rank: says minister

Saudi Arabia ranks the 3rd in 5G deployment globally after the United States and South Korea, according to statements out of Saudi Minister of Communication and Information Technology Abdullah Al-Swaha.

Al-Swaha’s statements came during his speech delivered on the sidelines of the (Budget 2020 Forum) that took place on Tuesday through which he also noted that the Artificial Intelligence (AI) provides investments opportunities in Saudi Arabia worth nearly SR40 billion.

“AI is expected to create 133 million jobs worldwide in the coming ten years, while 75 million other jobs will fade,” Al-Swaha added.

On Saudi Arabia’s share of the global workforce, Al-Swaha said that it is expected to hit between 0.5 and 1% of the new jobs forecast to be poured into the market, as Saudi Arabia ranks 18th among the world’s Top 20 Economies.

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