Project Summary: Explain and Discuss the term of ICT and its impact on global and local economy? 2. Discuss the importance of ICT regulations and standards? 3. Explain and Discuss the FCC, how does it being operated, organization structure…etc? 4. Explain and Discuss the ITU, how does it being operated, organization structure…etc? 5. Explain the importance of Saudi CITC for ICT sector in Saudi Arabia? 6. Explain and Discuss briefly the ISO, ETSI, and other standard organizations and their importance to the ICT sector?