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| Al-Falak has built a network of business
partnerships with leading vendor companies
around the world. |
With its rapidly-growing,
highly educated and, above all, youthful
population as the driving force, Saudi Arabia
is already the largest market for information
and communications technology (ICT) in the
Middle East and is poised to experience
strong and sustained technology growth.
The kingdom
is also widely recognized as the largest
telecommunications market in the Middle-East
region. The number of cellphone users has
doubled nearly every year since the 1980s
when the technology first entered the market,
with penetration rate currently at 32%.
A recent economic report has estimated that
this figure could grow to 60% by 2014, creating
over 20 million subscribers.
The number
of fixed operating lines has been increasing
at a minimum rate of 10% each year, and
internet penetration has experienced similar
growth, with Saudis being kept abreast of
technological innovations.
The government
is helping to lead this integration in the
latest technology through investments in
infrastructural development and education.
An initiative launched by the Saudi Communications
and Information Technology Commission (CITC)
aims to raise computer literacy and Internet
awareness by providing PCs at reduced cost
to one million families.
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