Money and business

The World Bank praises digital transformation and its impact on economic diversification in the Gulf


praised The World Bank Digital transformation and its impact on Economic diversity in The Gulf, while hosting a session on a report in Washington "Digital transformation in the Gulf: a powerful driver for economic diversification"
The report confirmed that economic diversification and digital transformation have become a necessity to achieve stability and growth, with the acceleration of the adoption of artificial intelligence and advanced fifth-generation networks, and large investments in digital infrastructure and data centers, which strengthens the Gulf’s position for leadership and innovation, with Saudi Arabia distinguished globally.

Digital transformation in the Kingdom

The Director General of International Partnerships at the Saudi Digital Government Authority, Asim Abu Bakr, presented the Kingdom’s experience, stressing that 97% of government services have become digital and integrated, This makes it easier for citizens and businesses to obtain services such as starting a business, education, and health care through unified national platforms.
He stressed that digital transformation is a means to improve the quality of life and productivity.

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