Saudi Arabia Ranks Second among the G20 in the ITU’s ICT Regulatory Tracker Index

aleqtsad

Saudi Arabia  achieved a new exceptional accomplishment by securing the ….. place among G20 countries in the ICT Regulatory Tracker index issued by the International Telecommunication Union (ITU) for 2024. This achievement confirms the Kingdom’s remarkable progress in telecom and technology regulations, enhancing regulatory innovation, building cutting-edge digital infrastructure, and implementing effective market oversight mechanisms. It also demonstrates the Kingdom’s dedication to providing an attractive regulatory environment that stimulates investment and accelerates digital economic growth, solidifying its position as a global regulatory leader internationally.

The index aims to support decision-makers and regulatory entities in keeping pace with developments in this vital sector, as it measures the maturity of ICT regulatory frameworks across 194 countries. It is based on 50 criteria divided into four main pillars regulatory authority, regulatory mandates, regulatory regime, and  competition framework.

This achievement extends Saudi Arabia’s series of international successes in the telecom and technology sector, as it continued to enhance its global position through achieving the highest classifications and advanced rankings. The Kingdom maintained second place among G20 countries in the ICT Development Index for 2024 for two consecutive years, and achieved second place among the G20 countries on the United Nations‘ Telecommunications Infrastructure Index (TII).