globalbizmag.com
The UAE is a competitive market for the Information Communication Technology (ICT) industry. With many initiatives like the Abu Dhabi Economic Vision 2030 and the UAE Vision 2021 government plans on building a competitive knowledge economy and establish an open, efficient, effective, and globally integrated business environment. The UAE government is taking major steps to ensure the development of the knowledge economy.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, issued Executive Council Resolution No. (15) of 2022 on Friday to ensure the optimal use of existing infrastructure, data, and services while mitigating the risks associated with digitalisation initiatives.
According to the resolution, this will align the information and communication technology (ICT) strategies of Dubai’s government entities with the emirate’s digital transformation objectives.
These policies will have the ICT annual budget of government entities; shared digital services of government entities; data centres and the Government of Dubai’s cloud services, among other areas.
The United Arab Emirates, including Dubai, have invested a great fortune in digital transformation. In 2021, Dubai Chamber of Commerce went fully virtual, saving the entity AED11 million, money that had previously been spent on paper.
Internet penetration in the UAE exceeds 95%, putting the UAE within the top 30 countries globally in terms of the internet’s economic impact. With the increasing adoption of information and communications technology (ICT), the UAE looks set to climb the ranks even higher.
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