COUNTRY FOCUS : SAUDI ARABIA

in line with Vision 2030 . The new digital government survey highlights Saudi Arabia ’ s progress in this space . Further exploring the exciting potential of generative leadership and technology , and how governments can adopt these concepts to maximise their impact and outcomes , will be a key theme .

The Digital Government Citizen Survey study , which includes citizens and residents , spanning 40 countries , 26 digital government services , and almost 30,000 individual responses , also highlighted other findings to understand the broader trends in digital government service delivery . Overall , GCC residents are satisfied with digital government services , appreciating benefits including understandable language , multiple platform accessibility , and easy access to information .

Saudi Arabia is looking to become one of the top 15 nations in artificial intelligence by 2030 . To this end , the Saudi Arabia aims to train 20,000 data and AI experts , launch more than 300 active AI startups , and attract $ 20 billion in foreign investments by 2030 . Clearly one approach will not fit all countries – each must find the level of personalisation and proactive delivery that meets their residents ’ needs and expectations , without trespassing on boundaries and trust .

Although the Saudi Arabia government has performed well across many indicators , it cannot be complacent in a fast-paced , high-expectation , post-pandemic world . It has an opportunity to be a leader in advancing personalised , proactive service delivery . Overall , Saudi Arabia should continue to track people ’ s evolving needs , while innovating and investing in technology that yields efficiency gains , community benefits , and most importantly , value for residents and residents .

Funding transformation

The banking sector in Saudi Arabia experienced a period of high profitability in 2022 because of the ambitious Vision 2030 initiative and an economic boom experienced across the Gulf Cooperation Council countries . A report by Boston Consulting Group , titled Saudi Arabia ’ s Banking Sector : 2022 in Review and The Path Ahead , highlights that elevated energy prices , the abatement of pandemic-related measures , and an increase in tourism resulting from major global events have precipitated highly dynamic economic activities .

High energy prices are benefitting hydrocarbon economies and the International Monetary Fund , IMF estimates that energy exporters in the Middle East and Central Asia will net a windfall of US $ 320

www . intelligentcio . com INTELLIGENTCIO MIDDLE EAST 49