Growth of niche ICT markets highlighted at GITEX KSA 2012
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Sat May 26, 2012 3:29 pm

SAUDI ARABIA. Visitors to GITEX Saudi Arabia 2012, the business-to-business networking and consumer information and communications technology (ICT) expo for Saudi Arabia, which ran from May 21 to 24 at the Riyadh International Convention and Exhibition Centre, were highly impressed by the growth of niche ICT markets in KSA such as alternative energy solutions, Geographical Information Systems, fiber optics, and office technologies.

Inaugurated by H.E. Dr. Mohammed Ibrahim Al-Suwaiyel, President of King Abdulaziz City for Science & Technology, the 11th edition was attended by over 25,000 guests and more than 250 exhibitors.

GITEX Saudi Arabia 2012’s impressive attendance reflects the strong regional and international interest in the Saudi ICT market which remains the largest in the Gulf.

A diverse group of Arab and foreign investors, IT professionals, businessmen and government representatives commended the show’s comprehensive lineup of telecommunications, networking, PC hardware and software, multimedia, educational and digital entertainment solutions.

Saudi Communications 2012, the 14th International Communications Exhibition, took place concurrently with GITEX Saudi Arabia. The annual event, which focused on key business and investment opportunities across the Saudi telecommunications market, together with GITEX Saudi Arabia, provided a comprehensive ICT exhibition and networking platform.

GITEX Saudi Arabia is certified by UFI – the Global Association of the Exhibition Industry, and is organized by Riyadh Exhibitions Company. Full event details are available at www.saudigitex.com.

 

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UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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