Technology
Driving digital transformation, AI innovation, and fintech growth across Saudi Arabia.
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Overview
Saudi Arabia’s technology sector is a key pillar of Vision 2030, focused on digital transformation, artificial intelligence, fintech, and smart infrastructure. The Kingdom is investing heavily in data centers, cloud services, and emerging technologies to position itself as a regional digital hub.
Major initiatives include NEOM’s cognitive city development, national AI strategies, and rapid growth in fintech adoption. The government actively supports startups, innovation ecosystems, and international tech partnerships.
Key highlights
- Strong government backing under Vision 2030
- Rapid growth in fintech and digital payments
- Expansion of data centers and cloud infrastructure
- AI and smart city initiatives (NEOM)
Key stats (2024)
- Merchandise exports (current US$) $305.5B
- Merchandise imports (current US$) $232.8B
- Trade (% of GDP) 54.7%
- High-technology exports (% of manufactured exports) 0.5%
- ICT service exports (BoP, current US$) US$ 3
- Individuals using the Internet (% of population) 100%
Trade volume over time
World Bank methodology for development indicatorsMarket insights
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