Fiber optic connections providing speeds up to 100 Mbps were the latest internet service launched, though the average broadband speed was only 3.8 Mbps. Most standards and technology solutions were adopted from the U.S. and Europe. The E-Crime Act established penalties for hacking websites, computers, or financial databases, with jail time up to one year or four years and fines up to $133,000 or $800,000 respectively. The E-Transaction Act set uniform legal standards for electronic transactions and signatures to ensure credibility and prevent fraud.

1. 
The latest internet service launched was fiber optic
connections, with speeds of up to 100 Mbps.

The average broadband speed of the country is 3.8
Mbps.

Most standards and technology solutions are
adopted from the U.S and Europe.

MCIT- Ministry of Communications and Info Tech

KACST – King Abdulaziz City for Science and Tech

CITC - Communications and Info Tech Commission

CERT - Computer Emergency Response Team

Anti-Spam Program

2.  The E-Crime Act
 Web sites hacking or PC spying can result in penalties
of up to one year in jail and fines up to $133,000.
 Hacking financial or banking databases, or performing
false monetary transactions can result in penalties of up
to four years in jail and fines up to $800,000.
 The E-Transaction Act
 Setting uniform legal standards for using electronic
transactions and signatures.
 Ensuring the credibility and integrity of electronic
transactions, signatures and records.
 Preventing misuse and fraud in electronic
transactions and signatures.

3.  Largest and most stable economy in the Gulf.
 No personal income taxes and only a 20%
corporate tax.
 100% foreign ownership of companies and
property.
 Should have a visa to enter the country.
 Copyrights law is not strictly applied.
 Risk of terrorist attacks on oil companies and
facilities.
 Threats form other countries to attack oil
facilities or block production lines.