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2026-10-14T15:22:13.527Z

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Jareer: Q4 Profits Likely to Rise

الاقتصاديةالاقتصاديةالاقتصادية
14 Hrs2026-10-14T13:46:58.351Z
Jareer: Q4 Profits Likely to Rise

Tadawul Falls 1.74 Percent

معلومات مباشرمعلومات مباشرمعلومات مباشر
14 Hrs2026-10-14T13:03:11.211Z
Tadawul Falls 1.74 Percent

Bank of America Fined for AML Violations

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21 Hrs2026-10-14T06:22:29.400Z
Bank of America Fined for AML Violations

Johnson & Johnson posts Q3 profit drop

اقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربية
21 Hrs2026-10-14T05:50:28.000Z
Johnson & Johnson posts Q3 profit drop

Citigroup Q3 profits reach 5.3B

اقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربية
22 Hrs2026-10-14T04:59:20.000Z
Citigroup Q3 profits reach 5.3B
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Saudi cybersecurity market to hit 16.3B riyals by 2025

Saudi cybersecurity market to hit 16.3B riyals by 2025

The cybersecurity market size in Saudi Arabia was approximately 16.3 billion Saudi Riyals in 2025, with an expected annual growth rate of 10.7% over the previous three years. The sector contributed directly and indirectly nearly 20 billion Riyals to the gross domestic product (GDP), accounting for about 0.42% of the total GDP and 0.71% of the non-oil GDP. The private sector captured 69% of the market with an expenditure of 11.2 billion Riyals, while government sector spending reached 5.1 billion Riyals. The sector also saw growth in the number of specialists, who numbered over 22,000 employees, with a compounded annual growth rate of 5.9%. Female participation was high, accounting for 33%. Cybersecurity products constitute approximately 51% of the market, compared to 49% for services. Market growth is primarily focused on enhancing competitiveness, encouraging investment, and fostering innovation within the digital sector.

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