INSEAD Day 4 - 728x90

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Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

‘Saudi Arabia spending on technology is globally the highest’

Governor of Digital Government Authority (DGA) Eng Ahmed Mohammed Al-Suwaiyan.
  • Digital Government Authority has launched the Digital Government Investment and Procurement Program (SADAF) initiative to accelerate digital procurement in government agencies
  • SADAF will be a gateway to digital investment for the public and private sectors, leading to a sustainable digital economy

Governor of Digital Government Authority (DGA) Eng Ahmed Mohammed Al-Suwaiyan said on Tuesday that Saudi Arabia is the highest in the world in terms of government technology spending  with an overall national budget of 21,7% by 2025 worth SR 93 billion.

Eng. Al-Suwaiyan  disclosed this during his participation on Tuesday in the Global Entrepreneurship Conference hosted in Riyadh, under the patronage of Crown Prince Mohammed bin Salman bin Abdulaziz. 

He said that the DGA has launched the Digital Government Investment and Procurement Program (SADAF) initiative to accelerate digital procurement in government agencies, increase the participation of the private sector in digital government projects, raise the quality of work of digital government service providers and operators, stimulate foreign and local investment and enhance local content.

DGA Governor also stressed that the Authority’s vision is for SADAF to be the gateway to digital investment for the public and private sectors, leading to a sustainable digital economy in accordance with the goals of the Kingdom’s Vision 2030.

The DGA recently launched the National Digital Government Strategy with a vision to provide seamless and integrated digital government services.