Intelligent CIO Middle East Issue 06 | Page 20

PROJECT UPDATE LATEST REGIONAL PROJECT UPDATE JORDAN JORDAN The Jordanian government has endorsed a set of incentives to boost growth in the ICT sector, which contributes some 12% to the country’s income. Under the decision, services related to software development, mobile apps, website portals, outsourcing, digital content and electronic games, information technology training and e-learning will be exempted from sales tax and customs duties. Goods and services necessary for ICT services will also be subject to a zero sales tax rate. Income tax rates on such services will be reduced to 4%. SAUDI ARABIA SAUDI ARABIA Zain KSA and Nokia have signed a Memorandum of Understanding (MoU) to collaborate on a major initiative that will transform Jeddah, one of the Kingdom of Saudi Arabia’s (KSA) largest cities, into a model for smart cities in the country and worldwide by 2018. Under the MoU, Nokia and Zain KSA will apply advanced networking technologies in the Internet of Things (IoT) and the Cloud to connect and manage a wide array of devices, vehicles, homes and applications. Use of these technologies will improve municipal services, enhance the business climate in Jeddah and create a better quality of life for the city’s nearly three million residents. 20 INTELLIGENTCIO www.intelligentcio.com