Abu Dhabi

His Excellency Ahmed Aboul Gheit, Secretary-General of the League of Arab States, on the sidelines of the activities of the Annual Investment Forum (AIM) held in Abu Dhabi, honored the institutions and leading figures who won the first session of the Arab Award for the Digital Economy, in the presence of a crowd of leaders and officials from government and private institutions and the media.

The honorees were chosen according to their record of achievements in implementing strategic national visions, their achievement of tangible achievements in their sectors, and the extent to which they were able to join the race for excellence and face the basic challenges to build a system of transformation and innovation that leads the future in accordance with best institutional practices.

The Arab Award for the Digital Economy, which was announced in 2022 as one of the initiatives of the Arab Vision for the Digital Economy that was adopted at the Arab Leaders Summit in Algeria in 2022, focuses on several main areas, including digital payments, financial technology (Fintech), digital currencies, and intelligence. Artificial technology, blockchain, e-commerce, digital banks, and technological solutions with financial and economic impact.

The list of entities and institutions honored this year included the leadership category, and His Excellency Dr. Thani bin Ahmed Al Zeyoudi – Minister of State for Foreign Trade was honored in this category along with His Excellency Omar bin Sultan Al Olama – Minister of State for Artificial Intelligence The digital economy and remote work applications.

In the private companies category, Khazna Tech Financial Technology Company – Arab Republic of Egypt was honored. The award was received by Omar Saleh, founder and CEO of Khazna Company and Biban Company – Kingdom of Bahrain, and Fajr Saleh Ahmed Al-Bajji, General Manager of Biban Company, received the award.

It is noteworthy that the Arab Federation for the Digital Economy, since its establishment, has contributed to supporting the development of the digital economy in the Arab world. It focuses on enhancing knowledge, infrastructure, regulatory frameworks and technical standards to promote digital inclusion and sustainable development across the Arab region. The main mission of the Union is to mobilize Arab and international capabilities to positively influence Arab societies and raise the standards, quality and quality of life in the region, as well as consolidating the foundations of excellence and competitiveness in institutions and their leaders, from a large group of initiatives, studies and reports that it publishes to build and consolidate digital culture, excellence and innovation, in All government and business sectors.

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