Education activities report 98% internet usage in 2022: GASTAT

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Updated 29 May 2023
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Education activities report 98% internet usage in 2022: GASTAT

RIYADH: Saudi establishments are on the fast lane of adoption of information technology, with education and manufacturing activities last year registering 98.6 percent and 97.6 percent internet usage, respectively.

According to the 2022 Survey of Information and Communication Technology Access and Usage by Establishments conducted by the General Authority for Statistics, known as GASTAT, 96.1 percent of Saudi establishments used the internet last year.

Topping the list of activities of establishments that use the internet the most was information and communication, at 98.9 percent.

Approximately 58.7 percent of businesses use fixed phones for business purposes, whereas 76 percent use mobile phones. 

The survey also reported that of the 94.6 percent of establishments that use computers, 67.8 percent trained their employees on computer programs and applications.  

Due to its digitalized nature, academia led in computer utility, as 99.7 percent of establishments in education activities used computers.  

Of the establishments listed in the survey, 69.4 percent have an intranetwork — a private network within an organization — mostly found in finance and insurance. 

Less than half of the companies — 45.6 percent — that use the internet have a website, with financial and insurance activities leading the way.  

The survey also revealed that around 52.6 percent of institutions in Saudi Arabia have a social media account, most of which is that of education. 

In 2022, establishments using cloud computing for financial or accounting software applications accounted for 34.5 percent.  

According to a GASTAT bulletin released earlier this month, the percentage of people utilizing the internet in the Kingdom increased to 94.3 percent in 2022. 

The authority reported that the percentage of people 15 years or older who use the internet has climbed to 94.3 percent, up 1.4 percent from 2021. 

Additionally, it revealed that men used the internet at a rate of 95 percent, while women used it at 93.3 percent in 2022.  

Saudis make up 93.6 percent of internet users, while non-Saudis make up 95.2 percent, according to the GASTAT data.  

Around 96.5 percent of families had access to the internet last year and 57.3 percent had a computer at home. 

As for computer usage, 49.3 percent of people aged 15 and up used a computer last year, 55.1 percent of which were Saudis.  


Saudi stock market opens its doors to foreign investors

Updated 06 January 2026
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Saudi stock market opens its doors to foreign investors

RIYADH: Foreigners will be able to invest directly in Saudi Arabia’s stock market from Feb. 1, the Kingdom’s Capital Market Authority has announced.

The CMA’s board has approved a regulatory change which will mean the capital market, across all its segments, will be accessible to investors from around the world for direct participation.

According to a statement, the approved amendments aim to expand and diversify the base of those permitted to invest in the Main Market, thereby supporting investment inflows and enhancing market liquidity.

International investors' ownership in the capital market exceeded SR590 billion ($157.32 billion) by the end of the third quarter of 2025, while international investments in the main market reached approximately SR519 billion during the same period — an annual rise of 4 percent.

“The approved amendments eliminated the concept of the Qualified Foreign Investor in the Main Market, thereby allowing all categories of foreign investors to access the market without the need to meet qualification requirements,” said the CMA, adding: “It also eliminated the regulatory framework governing swap agreements, which were used as an option to enable non-resident foreign investors to obtain economic benefits only from listed securities, and the allowance of direct investment in shares listed on the Main Market.”

In July, the CMA approved measures to simplify the procedures for opening and operating investment accounts for certain categories of investors. These included natural foreign investors residing in one of the Gulf Cooperation Council countries, as well as those who had previously resided in the Kingdom or in any GCC country. 

This step represented an interim phase leading up to the decision announced today, with the aim of increasing confidence among participants in the Main Market and supporting the local economy.

Saudi Arabia, which ‌is more than halfway ‍through an economic plan ‍to reduce its dependence on oil, ‍has been trying to attract foreign investors, including by establishing exchange-traded funds with Asian partners in Japan and Hong Kong.