Mobile data speeds in Dubai have increased rapidly in recent years, as the UAE’s two mobile network operators have ramped up spending on telecoms technologies and infrastructure. This is part of an ongoing effort to prepare the UAE for a future in which it is less dependent upon oil. A Cabinet reshuffle in early 2016 was a key step, following...
The UAE’s Cabinet declared 2015 the “year of innovation”. “We convene today in a 500-year-old castle,” said Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai and the prime minister of the UAE. “Our vision is setting the foundation to build a future that will be for hundreds of years to come.”
Over the past 15 years, Dubai has developed one of the most advanced IT sectors in the GCC region. As of early 2016 more than 90% of the UAE’s population reported using the internet on a regular basis. ICT is at the heart of the seven-year Dubai Plan 2021 (DP2021). DP2021 builds on more than 15 years of investment in advanced technology by the emirate’s leadership, in conjunction with a wide...
The emirate of Dubai, by virtue of being less generously endowed with hydrocarbons than its regional neighbours, has worked hard over the past several decades to develop a wider, more diversified economic bedrock to power growth. As a result the emirate has several sectors whose growth is not wholly contingent on hydrocarbons revenues, and which continue to prosper in the current environment.
A solid regulatory base, strong government support and rising demand from a young population are fuelling Dubai’s efforts to foster technology-driven entrepreneurship.
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