How Dubai’s digital economy supports an ‘optimised investment climate’ and adds value to consumers

He recently met with the Dubai Chamber of Digital Economy to look at ways to boost the digital economy.

“Dubai possesses tremendous digital capabilities that enable the emirate to play a pivotal global role in supporting the digital financial industry, establishing an optimised investment climate, and implementing innovative solutions that add value to investors and consumers alike.

“The emirate is an international hub that connects stakeholders, creating an encouraging investment climate for fin-techs and financial infrastructure developers,” he said.

The meeting was led by Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, and Chairman of Dubai Chamber of Digital Economy and the Equiti Group.

Thye outlined a wide range of initiatives and events designed to support the National Strategy for Digital Economy in Dubai and the UAE.

During the meeting, Al Olama highlighted the importance of the digital economy sector in diversifying the economy and driving its sustainable growth.

“This will be particularly important in light of the steady growth in the volume of trade and investment and the growing demand for digital finance and economic tools around the world.”

Al Olama added: “We are also dedicated to developing outstanding talent and sponsoring training programmes with the aim of building a robust digital infrastructure and base in Dubai that can boost the sector’s global competitiveness and leadership.”

The Dubai Chamber of Digital Economy is in the process of developing new initiatives to attract digital investments and transform Dubai into a preferred hub for digital businesses.

It plays a crucial role in establishing a flexible digital economy in the emirate, capitalising on advanced technologies and advancing Dubai’s position at the forefront of the most developed cities in the world.