Saudi CST Introduces Comprehensive Regulations for Digital Content Platforms
The Communications, Space, and Technology Commission (CST) in Saudi Arabia has introduced comprehensive regulations for digital content platforms to foster growth and transparency in the sector. These regulations are part of the IGNITE program and aim to create a conducive environment for the market, attract investments, and ensure user protection. The CST expects a significant expansion in the digital content platform market, with a projected 20% CAGR by 2030. Service providers are urged to comply with the regulations by the effective date of October 8, 2024, as Saudi Arabia seeks to position itself as a digital content hub and drive innovation in the sector.