Dubai's Commitment to Fostering a Thriving Digital Ecosystem

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Dubai

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, recently reaffirmed Dubai's commitment to cultivating an ecosystem conducive to the growth of innovation, ideas, and entrepreneurship. Under the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the emirate continues to consolidate its position as a leading global hub for talent and enterprise. 

His Highness welcomed Amazon's announcement that 100,000 SMEs' products will be featured on Amazon.ae by 2026, supporting the goals of the Dubai Economic Agenda D33 and the Higher Committee of Future Technology Development and Digital Economy's goal of transforming Dubai into one of the world's top ten digital economies. Dubai has emerged as a prominent hub for digital talent and enterprise, with initiatives to empower digital economy innovators and entrepreneurs launched in collaboration with global technology companies and digital industry leaders. The growth of SMEs is expected to increase the sector's contribution to the UAE's GDP by 20% over the next decade, enhancing the UAE's status as a destination for digital entrepreneurs and a global center for digital app development. 

The initiative to showcase 100,000 SMEs on Amazon.ae by 2026 allows local entrepreneurs to reach global markets, with potential access to 300 million customers in 19 countries. This initiative will facilitate the growth of entrepreneurship and expand the e-commerce sector, providing educational resources and training to help companies sell their products on digital platforms. Amazon's partnership with Dubai is a vital component of the UAE and Dubai's plan to grow the digital economy and create opportunities for entrepreneurs to leverage cutting-edge e-commerce technologies

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