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Saudi Arabia Sets Digital Innovation Benchmark, Says DGA Chief

Governor of Saudi Arabia’s Digital Government Authority (DGA) Ahmed Alsuwaiyan
Governor of Saudi Arabia’s Digital Government Authority (DGA) Ahmed Alsuwaiyan
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Saudi Arabia Sets Digital Innovation Benchmark, Says DGA Chief

Governor of Saudi Arabia’s Digital Government Authority (DGA) Ahmed Alsuwaiyan
Governor of Saudi Arabia’s Digital Government Authority (DGA) Ahmed Alsuwaiyan

Saudi Arabia is leading the way in digital technology for citizens, residents, visitors, and businesses, according to Ahmed Alsuwaiyan, Governor of the Kingdom’s Digital Government Authority (DGA).
The Kingdom has made major advances in sectors like health, municipalities, and education, affirmed Alsuwaiyan.
Speaking to Asharq Al-Awsat, Alsuwaiyan noted that Saudi Arabia is now among the top 10 countries globally for digital government.
It ranks sixth in the Global E-Government Development Index, reflecting the government's dedication to becoming a top digital state and improving service efficiency.
Alsuwaiyan reminded that Saudi Arabia is fourth worldwide, first in the region, and second in Asia in the United Nations e-Government Development Index and related measures.
Moreover, Saudi Arabia has achieved significant success in digital government, ranking second globally for digital services among G20 countries and seventh in the e-Participation Index.
The Kingdom surged 25 places in the 2024 UN e-Government Development Index, joining the top 10 worldwide and becoming the first Middle Eastern country to do so.
Saudi Arabia’s national transformation plan, “Vision 2030,” has driven this progress, boosting the Kingdom from 52nd place in 2018 to sixth this year.
Saudi Arabia also rose 32 spots in the Human Capital Index, now leading globally in digital government skills.
Riyadh is third worldwide in the UN e-Government Development Index, following Tallinn and Madrid, and ranks first in the G20 region. The city excels in regulatory frameworks and providing key public service information.
Alsuwaiyan credited these achievements to a focus on creating impact through technology and effective public-private partnerships.
Efforts to improve infrastructure and foster a supportive investment environment have also contributed to Saudi Arabia's leading role in digital government practices.

 

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Oil Prices Set to End Week over 3% Lower as Supply Risks Ease

FILE PHOTO: An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar Kazangapov/File Photo
FILE PHOTO: An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar Kazangapov/File Photo
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Oil Prices Set to End Week over 3% Lower as Supply Risks Ease

FILE PHOTO: An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar Kazangapov/File Photo
FILE PHOTO: An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar Kazangapov/File Photo

Oil prices fell on Friday, heading for a weekly drop of more than 3%, as concerns over supply risks from the Israel-Hezbollah conflict eased, alleviating earlier disruption fears.
Brent crude futures fell 55 cents, or 0.8%, to $72.73 a barrel by 0758 GMT. US West Texas Intermediate crude futures were at $69.52, down 20 cents, or 0.3%, compared with Wednesday's closing price.
On a weekly basis, Brent futures were down 3.3% and the U.S. WTI benchmark was trading 3.8% lower.
Israel and Lebanese armed group Hezbollah traded accusations on Thursday over alleged violations of their ceasefire that came into effect the day before. The deal had at first appeared to alleviate the potential for supply disruption from a broader conflict that had led to a risk premium for oil.
Oil supplies from the Middle East, though, have been largely unaffected during Israel's parallel conflicts with Hezbollah in Lebanon and Hamas in Gaza.
OPEC+, the Organization of the Petroleum Exporting Countries and allies including Russia, delayed its next policy meeting to Dec. 5 from Dec. 1 to avoid a scheduling conflict. OPEC+ is expected to further extend its production cuts at the meeting.
BMI, a unit of Fitch Solutions, downgraded its Brent price forecast on Friday to $76/bbl in 2025 from $78/bbl previously, citing a "bearish fundamental outlook, ongoing weakness in oil market sentiment and the downside pressure on prices we expect to accrue under Trump."
"Although we expect the OPEC+ group will opt to roll-over the existing cuts into the new year, this will not be sufficient to fully erase the production glut we forecast for next year," BMI analysts said in a note.
Also on Thursday, Russia struck Ukrainian energy facilities for the second time this month. ANZ analysts said the attack risked retaliation that could affect Russian oil supply.
Iran told a UN nuclear watchdog it would install more than 6,000 additional uranium-enriching centrifuges at its enrichment plants, a confidential report by the watchdog said on Thursday.
Analysts at Goldman Sachs have said Iranian supply could drop by as much as 1 million barrels per day in the first half of next year if Western powers tighten sanctions enforcement on its crude oil output.