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Significance
The Infosys agreement is among a series of other deals Aramco has signed in the digital sphere so far in 2023, underlining its intention to accelerate its digital transformation and expand its economic contribution.
Impacts
Israeli tech companies could engage in Saudi digitisation efforts, in such sectors as water and intelligence, but via third parties.
Saudi Arabia will improve local digital competencies to help boost foreign investments in this field.
Improved Saudi-Iranian ties could reduce the threat of cyberattacks against Saudi Arabia by Tehran-backed actors.
Keywords:
Saudi Arabia,
ME/NAF,
economy,
industry,
energy,
gas,
oil,
technology,
IT software & services,
Fossil fuels
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2023
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