Saudi Arabia Opens Path to Data Monetization, Bars Raw Data Sales - MIT Sloan Management Review Middle East

Summary

Saudi Arabia is establishing a new policy framework designed to facilitate the monetization of data within the Kingdom. This framework explicitly prohibits the sale of raw data, encouraging value-added data services instead. The initiative aims to foster a robust data economy while ensuring responsible data governance. Why it matters: This policy is a crucial step in shaping Saudi Arabia's digital economy and AI development, balancing economic growth with data privacy and ethical considerations.