Digital Cooperation Organization to establish HQ in Riyadh

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan and the secretary general of the Digital Cooperation Organization, Deemah Al-Yahya, have signed an agreement to establish the organisation’s official headquarters in Riyadh.

The foreign minister and secretary general also discussed areas of cooperation between the kingdom and the DCO across various fields on the occasion. 

Set up in 2020, DCO was established by a group of founding countries that share an interest in collaborating to realise their collective digital potential. Member states include Saudi Arabia, Bahrain, Cyprus, Djibouti, Kuwait, Morocco, Nigeria, Oman, Pakistan, Jordan, and Rwanda.

 The organisation aims to drive greater collaboration and cooperation across entrepreneurship, innovation, business growth, and employment in a shared digital economy.

 Prince Faisal welcomed the establishment of the organisation’s headquarters in Riyadh and stressed the importance of strengthening joint work with DCO member states to contribute to the development of countries through the optimal use of digital technologies to achieve growth and prosperity.

 The foreign minister added that the kingdom is keen to support all DCO initiatives, especially those that contribute to supporting innovation, youth, women, and entrepreneurs, and encourage investment in the digital economy in line with Saudi Vision 2030. The DCO said it was proud to establish its headquarters in Riyadh and looked forward to supporting “a digital economy to enable digital prosperity for all”.

 “The decision to establish the headquarters of the DCO in Riyadh is an affirmation of the kingdom’s regional and international position as a hub connecting Africa, Asia, and Europe, and its status as one of the fastest growing G-20 economies and a leading regional centre in technology,” Al-Yahya said.