UAE: Dubai ICT

Chapter | ICT & Innovation from The Report: Dubai 2020

Dubai is looking to place itself ahead of global trends by investing heavily in ICT and innovation. With an already highly developed market for ICT products and services, the...

Although Dubai has traversed some challenging economic territory over recent years the economic stimulus of Expo 2020 preparation and more stable oil prices have eased this strain in 2019, and business sentiment has improved accordingly. With the long-anticipated expo event set to take place in 2020, attention has started to focus on the important question of sustaining the current economic momentum over the medium term.

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With connectivity being widely recognised as a key driver of the post-coronavirus economic recovery, GCC countries are poised to benefit from the expansion of their 5G networks.

Internet service providers in Dubai have stepped up to meet the surge in demand created by large volumes of people working and studying from home due to coronavirus containment measures.

A series of recent developments have underlined Dubai’s commitment to strengthening its position as a regional financial technology (fintech) leader.

 

Dubai is looking to place itself ahead of global trends by investing heavily in ICT and innovation. With an already highly developed market for ICT products and services, the emirate is seeking to harness the transformative potential of digitalisation to facilitate government-to-government and government-to-citizen transactions, and increase...

 

As Dubai looks ahead to Expo 2020, activity across numerous sectors related to the mixed-use District 2020 legacy project could catalyse rapid progress in the emirate’s plans to build an innovation-driven economy. District 2020 is the emirate’s project to rapidly repurpose the site of Expo 2020, building a new commercial and residential area,...

 

An increasing amount of commercial transactions are moving online, while digital technologies are affecting every facet of the traditional economy. This has provided businesses with new channels through which to reach existing clients, as well as new opportunities for expanding their market share. For consumers, the ever-expanding digital...

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