The UAE government is taking concrete steps to establish a strong digital economy and make use of the advantages and benefits provided by digital transformation. The UAE is considered one of the most advanced countries in the field of technology and the adoption of modern technologies, and it has one of the highest smart phones penetration rates.
These accomplishments have helped to reinforce the competitiveness of the UAE’s national economy, according to indexes published by international organisations, including the World Economic Forum, which ranked the UAE as the leading Arab and regional e-commerce centre in 2017.
At the country’s Golden Jubilee Anniversary in 2021, UAE government announced their agenda that would empower the next generation to advance the UAE’s economy development. The “We The UAE 2031” strategy, outlining the country’s development path for the next ten years. The first set of Projects are now well underway, with one of the key focus areas being the digital economy.
While the UAE has made many notable strides in technology advancement, four priorities will be particularly critical in establishing one of the world’s most resilient digital economies: inclusive connectivity, sustainability, local skills development, and industrial digitization.
The UAE’s digital economy contributes 4.3 per cent to the GDP, with expectations that this rate will significantly increase in the coming period. 40 per cent of the UAE’s population uses government digital services more than once a week. On the retail front, eCommerce in the UAE is growing rapidly and is playing a major role in expanding sales, while traditional retail sales in the country are slowing down. The country is expected to further reinforce its position in the digital economy, supported by factors that include developments to eCommerce, improvements to the information technology infrastructure, the increased spread of Internet services, the use of smartphones and the expansion of electronic payment systems, as well as significant government support for digital transformation.
How digital technology is transforming Dubai, UAE
Dubai’s technological journey began in 1999 with the announcement of its first ICT strategy, which was followed by the launch of Dubai Internet City, Dubai e-government, Dubai Smart Government and, in 2014, the Smart Dubai initiative.
During the past 20 years, the numerous digital transformation initiatives in the city have driven public acceptance and adoption of ICT in all aspects of life.
Today, Dubai, a city of 2.5 million people and one of seven Emirates in the UAE, has one of the highest levels of ICT adoption in the region, both by the public and government:
· Dubai is already a highly connected and digitally literate society.
· Residents actively use online services and social media.
· The ongoing goal is to provide 90% of the daily life needs of city residents through digital services in order to ease their lives. This includes healthcare, education, culture, housing, entertainment, community, and volunteering services, among others.
The digitalization services of Leclerc Consulting Group in the United Arab Emirates (UAE), have a team of enthusiasts always ready to support you in your digital transformation process and in your business strategies.
Find us on Facebook, Linkedin or on www.leclercconsultinggroup.com.
Get closer to digitalization with LECLERC CONSULTING GROUP.
