Local government initiatives to enhance service provision are creating opportunities for Dubai’s ICT sector, while new federal laws to attract innovators and investment should help the emirate achieve its technological objectives.
The Middle East ICT
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E-commerce in Saudi Arabia has received a boost following the launch of the Kingdom’s first foreign digital payments platform, a development that should support the growing number of online shoppers and contribute to government efforts to diversify the economy.
Bahrain’s bid to carve a niche as a regional centre of ICT innovation took a step forward following the decision by Amazon Web Services (AWS) to base its first Middle Eastern cloud technology data centre in the kingdom.
The Dubai Land Department (DLD) has become the world’s first government agency to adopt blockchain technology for all of its transactions, with the development part of the emirate’s plans to strengthen its position as an international leader in financial technology (fintech) and information.
Tech businesses are expected to be among the beneficiaries of several new initiatives being rolled out in Kuwait targeting start-ups and e-government expansion.
The ICT sector in Qatar received a boost last March with the launch of the Smart Qatar Programme, or Tasmu, which aims to generate significant revenue for the economy and stimulate job growth.