Sandisk, grew its business significantly in the Kingdom of Saudi Arabia as its unit sales witnessed a growth of 38% last year, whereas the first quarter of 2011 saw Sandisk unit exploded by 509 percent as compared to the first quater of year 2010. Sandisk MEA reinforced its commitment to the kingdom with the appointment of Binoi Verghese as the National Account Manager in Saudi Arabia and increased its focus to bolster SanDisk’s retail presence by working closely with its distributor Ahmed Abdulwahed Trading Company.

Read More…

Kingdom of Saudi Arabia acknowledged the potential of ICT industry with the Shura Council eyeing to raise the industry’s contribution to the level of 20 per cent of national GDP by 2020. Reaffirming the government’s robust ICT outlook, recent studies have projected Saudi Arabia’s software market to reach a value of USD 675 million during the current year, up from USD 611 million in 2010 and poised to maintain a healthy growth rate in the succeeding years, while the IT services market is expected to reach USD 1.1 billion this year and sustain a compound annual growth rate (CAGR) of 9 per cent during the 2011 – 2015 period.Read More…