Saudi Arabia launches Digital Transformation Index 2024 amid e-government growth

The initiative intends to improve the quality of e-government services. Shutterstock.
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Updated 26 March 2024
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Saudi Arabia launches Digital Transformation Index 2024 amid e-government growth

RIYADH: The latest edition of a framework designed to enhance e-government services and accelerate digital innovation in Saudi Arabia has been launched.

The Digital Transformation Index for 2024 seeks to elevate the commitment levels of the public sector to decisions and directives concerning technological evolution. 

Additionally, it aims to improve the quality of e-government services offered to beneficiaries and contribute to the Kingdom’s international leadership in this field, as reported by the Saudi Press Agency. 

The 2024 index was unveiled during a virtual workshop organized by tje Saudi Digital Government Authority that brought together over 2,000 specialists from 233 government entities, as reported by SPA.  

The topics covered included refining measurement methodologies, significant revisions to the Digital Transformation Core Criteria document, sharing success stories from DTI 2023, and outlining the roadmap for the ongoing cycle.  

The document has undergone revisions, now comprising 96 standards, down from the 125 featured in the previous year’s version.  

In 2023, a total of 226 government entities participated in the index, collectively achieving a progress rate of 85.53 percent. 

Furthermore, 88 such bodies successfully advanced to the innovation and integration stages.  

In the 2022 index, government agencies advanced by 80.96 percent, compared to 69.39 percent in 2021.  

Ahmed Mohammed Al-Suwaiyan, governor and board member of the Digital Government Authority, highlighted that the DTI serves as a crucial technological empowerment tool for the transformation journey.   

He underscored that it reinforces the strategic objectives of e-governance in the Kingdom, aligning seamlessly with the targets outlined in Vision 2030, which aims for Saudi Arabia to emerge as a premier global leader in digital administration.  

Al-Suwaiyan explained that the DTI seeks to fulfill the requisites of digitization, develop e-governance, and enhance the performance and effectiveness of government entities.  

According to the governor, this initiative accelerates the pace of digitalization in the Kingdom, enhances beneficiary satisfaction, and improves quality of life.  

Saudi Arabia has been actively pursuing innovative initiatives to modernize its infrastructure and enhance its technological capabilities.  

The Kingdom inaugurated the Industrial Artificial Intelligence Academy in February, in partnership with the Saudi Data and Artificial Intelligence Authority and US-based tech firm NVIDIA.  

The academy highlights the significance of cultivating skilled national talents to compete on a global scale.  

Its objective is to equip a generation proficient in utilizing industrial AI to revolutionize intelligent environments and processes, while also promoting partnerships with top technical organizations to pioneer cutting-edge technologies.  

Saudi Arabia ranked first in the Government Electronic and Mobile Services Maturity Index for 2023, issued by the UN Economic and Social Commission for Western Asia, maintaining its lead for the second consecutive time with a high maturity score of 93 percent in the overall index result, according to the authority.  

The GEMS Index categorizes 17 countries annually based on the advancement of 84 key government services offered to both individuals and businesses through online portals and smart applications, utilizing three sub-indicators.  

Saudi Arabia has achieved distinction by securing the top position across all categories, accompanied by significant progress in each indicator.


Global investors commit more than $3bn to King Salman Park as Saudi giga-project secures new deals

Updated 10 March 2026
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Global investors commit more than $3bn to King Salman Park as Saudi giga-project secures new deals

RIYADH: The King Salman Park Foundation has secured more than $3.8 billion in new private-sector commitments at the MIPIM 2026 real estate conference, including a landmark $3 billion fund backed by international investors to develop a major mixed-use district in the heart of Riyadh.

According to a press release, the announcements bring total committed investment in the 17.2 sq. kilometers urban regeneration project to over $5.3 billion across five major packages.

Launched in 2019 under Saudi Vision 2030, the development is designed to be the world’s largest city park and aims to boost green space, improve quality of life, and feature over 1 million trees and extensive leisure facilities.

A $3 billion metro-connected district

The largest of the two packages, designated Package 5, will see a consortium led by Kolaghassi Development Co. deliver a residential-led district with a total built-up area exceeding 1 million sq. meters. 

It will provide approximately 3,700 residential units, a K–12 school, around 300 hospitality keys and more than 100,000 sq m of Grade A office space alongside a wide variety of retail and dining offerings.

The development is supported by a Saudi-domiciled, Capital Market Authority-regulated fund managed by Mulkia Investment Co. that has attracted leading investors from the Kingdom and across the world.

Kolaghassi Development Co. will lead the project alongside Al Othaim Investment, one of the Kingdom’s real estate players, and RXR, a New York-headquartered real estate investor and operator.

“Securing investment of this scale, supported by international capital and expertise, is an important milestone for King Salman Park,” said George Tanasijevich, CEO of King Salman Park Foundation. 

$850 million cultural district package

In a separate announcement, the Foundation confirmed the award of Package 4 to a consortium led by Retal Urban Development Co., with support from a fund managed by SAB Invest.

The project has a total value exceeding $850 million and will host more than 600 residential units, over 140 hotel keys, and almost 50,000 sq m of Grade A office space, alongside curated retail and food and beverage experiences.

“This opportunity reflects the maturity of Saudi Arabia’s real estate investment landscape and our confidence in culture-led, mixed-use urban destinations as a driver of sustainable returns,” said Abdullah Al-Braikan, CEO and founder of Retal Urban Development Co.

Ali Al-Mansour, CEO of SAB Invest, said the fund structure brings together “long-term capital, experienced development partners, and a shared commitment to place-making excellence” while contributing to Riyadh’s cultural vibrancy and the Kingdom’s quality-of-life ambitions under Vision 2030.