Saudi Arabia has been ranked 45th in eReadiness among the world's 60 largest economies, in a recent study conducted jointly by the Economist Intelligence Unit (EIU) and IBM, on parameters of connectivity, business practices and legal environment.
Saudi Arabia is one of the three Arab countries on the list, along with Egypt at 51 and Algeria at 58, stated a press release.
The EIU's eReadiness Rankings used quantitative and qualitative criteria, organized into six categories: connectivity and technology infrastructure, business environment, consumer and business adoption of e-business practices, legal and policy environment, social and cultural infrastructure and supporting services.
The main focus of the study was business environment and e-business adoption. The EIU ranking applied only to the world's largest economies and did not take into consideration the status of Gulf Cooperation (GCC) countries such as the United Arab Emirates (UAE), Bahrain and Kuwait, which already boast much higher e-Readiness rankings. — (menareport.com)
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