The Arab Federation for Digital Economy praises the initiative of the United Arab Emirates to establish the Emirates Council for the Digital Economy

Date: 11 - 04 - 2022

The UAE has adopted a Digital Economy Council with the aim of doubling the contribution of the digital economy to the UAE’s GDP in the year 2031, and enhancing the implementation of the initiatives of the UAE’s strategy for the digital economy in all economic sectors, as the contribution of the digital economy – according to published statistics – in the economic sectors of GDP The total is 9.7%, and the non-oil GDP is 11.7%, and the UAE is among the top 25% of countries at the level of the most important global digital indicators.

The Arab Federation for the Digital Economy valued this initiative, noting that it comes in the context of the main recommendations of the Arab vision for the digital economy, which was launched at the end of 2018 in Abu Dhabi, after it was prepared in cooperation with the American Harvard University, Cairo University, international organizations and a group of international experts working at the United Nations. The World Bank, the International Economic Cooperation Organization, and the European Union.

The Arab Federation for the Digital Economy also called on the Arab countries to adopt and create specialized bodies and councils that include in their membership various disciplines and business sectors, especially education, health, trade, industry and infrastructure to enable the launch of national development projects that benefit from the capabilities of the digital economy and to achieve economic growth that is more flexible and rapid and commensurate with global conditions and changes and regional.