UAE: Dubai ICT

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A solid regulatory base, strong government support and rising demand from a young population are fuelling Dubai’s efforts to foster technology-driven entrepreneurship.

A raft of innovation-oriented projects worth some Dh300bn ($81.7bn), along with new legislation on government data sharing, is gaining pace in Dubai.

Demand for IT services in Dubai is set to soar over the coming decade, underpinned by strong demand for both software and hardware products. 

The government in Dubai has launched a new online public services initiative, designed to make access easier and faster. Known as Dubai Smart Government (DSG), the scheme replaces the existing e-government system and is set to open digital doors to a broad range of business opportunities.
Despite achieving record growth in 2012, telecoms operators in the UAE have seen their profit margins affected by a new royalties programme introduced by the federal government. However, surging demand in Dubai for the latest mobile devices, particularly smartphones and tablets, as well as a more diversified range of value-added services, should result in in even greater growth and profitability in the coming years.
A major software developer’s plans to open a training centre in Dubai look set to strengthen the emirate’s bid to become a regional information technology (IT) centre, although growth in the sector could be hindered by the constraints start-ups face in finding financing.

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