Commercialising government data: a new investment opportunity

Vast and reliable datasets held by the state are increasingly being made publicly available around the region. Those using this data to design new products and services are driving growth.

Government data is being made accessible, which in turn is helping companies and state agencies design new products and services, improving efficiency and reducing costs.
Al Majalla
Government data is being made accessible, which in turn is helping companies and state agencies design new products and services, improving efficiency and reducing costs.

Commercialising government data: a new investment opportunity

Government data is no longer just a vehicle for transparency—it is currency. Companies that can transform this raw data into actionable insights will create future value. Across the Arab world, several governments—especially in the Gulf and North Africa—have begun granting access to their databases. This can include anything from population statistics to transport and property records.

While these initiatives are at an early stage, the potential for economic returns is vast. In recent years, the thinking around government data has changed dramatically. Statistics that once lay dormant in bureaucratic archives is now seen as a strategic economic asset capable of driving industry, enhancing decision-making, and strengthening transparency in public governance.

Saudi Arabia, for instance, has developed a national data platform to increase openness and coverage, as highlighted in the 2024 Open Data Inventory report. As the world heads into 2026, the shift towards a knowledge-based economy is gathering pace. Companies that invest now in analytics, artificial intelligence (AI), and data integration are powering Saudi Arabia’s data revolution, one that is expansive, rapid, and profitable.

Similarly, the United Arab Emirates has launched Bayanat, a centralised government portal offering a wide array of economic and social datasets, while Egypt maintains a central repository of publications from its Central Agency for Public Mobilisation and Statistics, frequently utilised by researchers and private sector actors.

Data generating value

Realising the full economic potential of open data demands advanced analytics, robust cloud infrastructure, clear quality standards, accurate valuation metrics, and an active marketplace for services built upon such data. The OECD, a group of developed nations, has highlighted the importance of methodological frameworks and policy support to measure the economic value of data and enable meaningful comparisons across different national contexts.

In business services and analytics, startups and enterprises are using open data to forecast real estate demand, analyse tourist flows in major cities, and create platforms that allow foreign investors to evaluate opportunities based on employment and consumer spending. Data is also aiding efficiency, with resources being distributed more effectively, and transport systems planned with greater precision.

Giuseppe Cacace / AFP
A model of a huge data centre under construction in the UAE. Some Gulf states are making their government data available to all.

Technology firms are developing products based on government datasets, such as mapping tools, statistical indicators, weather information, and trade registries. More widely, publishing contract and tender data is increasing competition and reducing corruption, helping to cut public expenditure. In Europe and elsewhere, systematic data publication not only stimulates the emergence of new sectors and services, but makes government spending more efficient.

In Saudi Arabia, a unified national platform for government data has been launched as part of a broader strategy to improve transparency and openness, encompassing data and AI. In the UAE, portals managed by government ministries make economic statistics and investment indicators publicly available. Egypt maintains a central index of census and statistical data. This is frequently consulted by researchers and policymakers to inform decisions in sectors such as healthcare and transport.

While these examples suggest an advanced digital infrastructure, there are also challenges, notably the need to improve data quality and reliability, and to cultivate ecosystems that support the systematic and commercial use of public data. Studies show that this adds value. One study, by the UK’s Open Data Institute, found that the open release of public-sector data creates more economic value than monetising it. The estimated benefit of open-access datasets could be up to 0.5% of GDP annually.

Input and output

The World Bank has noted that the scale of such benefits varies by country, depending on data quality and institutional integrity. Nations with well-developed institutions and advanced data infrastructures are more likely to convert open data into viable businesses and services. Conversely, countries with weaker systems see limited returns unless data quality and accessibility are improved.

Bank reports also show that small and medium-sized enterprises (SMEs) in developing economies frequently rely on government data for product development, particularly in sectors such as transport, real estate, and agriculture. The UAE’s Bayanat and UAE Numbers platforms have been incorporated into broader policy frameworks partly to support digital entrepreneurship.

Saudi Arabia has developed a national data platform to increase openness and coverage

Saudi Arabia has made notable progress, with its datasets now used for investment planning and local market analysis. Its platforms give a foundation for analytics firms and service providers to convert raw government data into commercial products, whether that data is in CSV format (Comma-Separated Values, a simple plain text file for storing tabular data) or via APIs (application programming interface, a connection between computers or between computer programmes).

In 2024, the value of Saudi Arabia's digital economy surged to around $132bn, accounting for 15% of GDP. This shows soaring demand for digital services and a growing reliance on data-driven solutions. Institutions such as the National Data Bank, along with government digital portals, have been instrumental in this transformation. They provide extensive datasets and sophisticated APIs that enable both public bodies and private firms to develop data-based products and services.

Accelerated growth

The analytics market has emerged as a key driver of growth. Worth around $2.23bn in 2024, it is projected to reach $5.72bn by 2030—representing a compound annual growth rate of 16.1%. This underscores the enormous potential of data as a cornerstone of economic development, as companies increasingly turn government data into sustainable revenue streams.

Reuters/Al Majalla
Saudi Arabia's Kingdom Centre Tower and Cityscape.

Leading national technology firms such as Elm have been at the forefront of this shift, capitalising on digital transformation contracts and developing data-driven solutions based on government information systems. In the first quarter of 2025, Elm reported revenues of around $500mn, with notable growth in its digital business division. Its expansion strategy includes acquiring public service providers to strengthen its portfolio of data-based digital products.

Telecoms and digital service providers—particularly Solutions by STC—have also generated considerable returns. These firms supply data analytics, infrastructure, and digital services essential to big government projects. In the private sector, Saudi Arabia's growing PropTech (property technology) industry is thriving in part by making innovative use of property registry data and government APIs. It remains relatively small, but some think the sector could soon be worth $1bn.

Riyadh's open data

Government data underpins a variety of applications, including automated property valuation tools, real estate investment platforms, and logistics services. AI-powered valuation platforms have been developed by Saudi firms using official and shared datasets. These trends only add to the idea that data is a new form of capital. Now readily accessible to the private sector, this 'data capital' is being transformed into digital products from analytics and market research to mapping and bespoke services.

Saudi AI company Humain during the Future Investment Initiative (FII) conference in Riyadh on 29 October 2025.

Saudi Arabia's position in international open data rankings has improved significantly. According to the 2025 Open Data Watch (ODIN) report, the state advanced to 41st place globally among 197 countries, registering substantial gains in coverage and ease of access. These improvements reflect a more fertile environment for developers and private enterprises. The broader the dataset coverage and the easier the access to it, the wider the scope for building commercially viable services that generate returns through new investments and the expansion of start-ups.

From smart city platforms and real estate analytics to logistics optimisation and investment analysis, these commercial applications form the backbone of Saudi Arabia's rapidly expanding data economy, one in which open government data is not treated merely as a technical resource, but as a cornerstone in building a new knowledge economy across the Arab region.

font change