UAE's Digital Economy Poised for Rapid Growth with Projected $140 Billion by 2031

 

Dubai Chamber of Digital Economy has released a report projecting that the UAE's digital economy will grow to over $140 billion by 2031. The report highlights the importance of the digital economy for the UAE's economic growth and the government's efforts to promote it, including initiatives to support startups and the development of digital infrastructure. The report is part of the Dubai Chamber's efforts to strengthen the digital economy ecosystem in Dubai and achieve the goals of the Dubai Economic Agenda.

The study, titled ‘Dubai’s Digital Economy and its Thriving Startup Ecosystem’, was published in collaboration with Entrepreneur Middle East.   

In  conclusion  UAE’s pioneering initiatives to build the economy of the future help create a world-class digital infrastructure and support the dynamic start-up ecosystem. "Our strategic plans will also focus on achieving the objectives of the Dubai Economic Agenda (D33), especially in terms of driving digital transformation, developing a sustainable business sector, and adding an average of Dh100 billion per year in economic value to the emirate’s economy 

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