Islamic Lifestyle

Saudi Arabia to sustain growth by approving digital economy policy


Published 31 Dec,2020 via Asharq Alawsat (English Edition) - Saudi Arabia seeks speeding up the growth of economic digitization, technology adoption and digital entrepreneurship after the cabinet approved the digital economy policy earlier this week.

The policy is based on seven main principles, namely access (digital infrastructure, data and digital platforms), technologies, innovation, human capital, social prosperity and inclusiveness, confidence in the digital environment and market openness.

It comes as an extension of the Kingdom’s efforts during its presidency of the G20 in 2020 to overcome obstacles and address the challenges facing the greater inclusion of the private sector in the digital economy.

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Asharq Alawsat