Thursday, April 19, 2018
  • Twitter Facebook Instagram Icon Linkedin Youtube Google Plus Icon Snapchat Alexa Icon RSS
Eye of Riyadh
Technology & IT | Sunday 19 March, 2017 9:43 am |
Share:

IT spending in Saudi Arabia to hit SR28 billion in 2017

The volume of spending on information technology (IT) in the Kingdom is expected to hit $7.5bn (SR28bn) in the current year, local media said quoting an official of the Oracle Company.
Abulrahman Al-Zihaiban, senior vice president of Oracle in the Middle East, Africa, Turkey and Central Asia, told Al-Riyadh daily that investment in the IT sector is of vital importance to the Kingdom to proceed with its plans to diversify the economy and create new job opportunities for youths.
He said his company has pledged to train more than 5,000 young Saudis in IT skills over the next four years in line with the National Transformation Program (2020). The Ministry of Communications and Information Technology and Oracle recently signed an agreement to implement the training project.
The deal aims to promote the Kingdom’s economy, develop the ICT sector and build national talents who could lead the digital transformation drive at the national level.
He added that the company, in collaboration with local partners, would provide triaging programs on Java, SQL, database, clouding and data analysis. The trainees will receive Oracle certificates that will help them obtain ICT-related jobs in the Kingdom, he said.
The agreement further aims to have employees involved in ICT sector conferences, implement innovation programs and initiatives to develop IT skills and raise awareness related to ICT through the use of the best international experiences and practices in this regard.
Mohammed Al-Suwaiyel, minister of communications and information technology, said the agreement reflects constructive cooperation between the public and private sectors.

Share:
Print
Post Your Comment
Please write the answer of the below question for security verification.
ADD TO EYE OF RIYADH
RELATED NEWS
(Renault) Promotes ‘The Voice Kids’ 2017 for the First Time in Saudi Arabia at the Saudi International Motor Show
DAMAC Properties deliveries surpass 20,000 unit milestone as it reports net profit of AED 2.8 billion and booked sales of  AED 7.5 billion for FY 2017
"Colors of Saudi Arabia 2017" Forum closes
Sunday 17 December, 2017 6:00
Saudi Arabia drives MENA IPO activity in Q3 2017: EY
“GROHE Innovation Tour 2017” first time in Saudi Arabia
MOST POPULAR
Emirates NBD expands operations in KSA
Emirates NBD expands operations in KSA
Monday 16 April, 2018 2:37