Information and Communication Technology (ICT) Investment in the Kingdom of Saudi Arabia

Information and Communication Technology (ICT) is one of the key factors explaining growth discrepancies across the country in general and the Kingdom of Saudi Arabia in particular. Information and Communication Technology (ICT) has been the most dynamic component of investment in recent years. Until recently the explosive growth of investment in Information and Communication Technology (ICT) has been at the centre of the "new economy" hype.ICT investment contributes to all capital deepening and therefore it helps raise the economic growth. The main objective of this research study is to discover the impact of ICT investment in Saudi Arabia. The current circumstances in the Kingdom Saudi Arabia related with the IT usage, development and the affecting factors for economic growth have been examined and analyzed. Finally, it has been presented the strategies and policies, issues related to ICT and its investment the Saudi Arabia.