Telecoms & IT

The telecoms industry is valued at $7.9bn and currently accounts for 3% of national GDP with the sector witnessing expansion of 6.6% in 2013, comparing favourably with the country’s overall GDP growth of 5.2%. Meanwhile the ICT sector added $5.7bn in real terms to the economy in 2013, representing a rise of 13.2% and equivalent to 2.9% of GDP. Indeed ICT has been a government focus in recent years, representing both a target and an enabler of diversification in the emirate with the public sector acting as the main driver of ICT spending and investment. With this ongoing investment in the sector, Abu Dhabi is positioning itself to capture growing regional demand for technological services while simultaneously putting itself at the forefront of the Gulf’s high-tech future.