Saudi IT Industry Shares 5% to GDP

The government of Saudi Arabia has acknowleged more than 5 percent contributins to its GDP from the IT Industry of the Kingdom, as the government hopes for more economic resturns that is based on knowledge and training taken from the booming IT industry markets of Saudi Arabia.

Saudi Arabia is planning to launch Yusr, by the end of 2010 as users will be able to deal electronically with all their governmental operations and get things done using only their PCs.

The Saudi government has granted SR3 billion to complete the electronic government. Statistics show that 80 per cent of the Saudi population is under the age of 25, having more technology users in the Kingdom. Moreover, the attraction of the Saudi stock market has put pressure on more people to learn how to deal with the cyber world of the Internet.
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