UAE: Dubai ICT

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With connectivity being widely recognised as a key driver of the post-coronavirus economic recovery, GCC countries are poised to benefit from the expansion of their 5G networks.

Internet service providers in Dubai have stepped up to meet the surge in demand created by large volumes of people working and studying from home due to coronavirus containment measures.

A series of recent developments have underlined Dubai’s commitment to strengthening its position as a regional financial technology (fintech) leader.

The UAE’s drive to develop its space research capacity will see a Mars probe launch in 2020, with the country also seeking to boost synergies with global academic institutions and space agencies, in order to strengthen human resources and enhance data sharing in the field.

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 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.

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