UAE Business: Tech innovation key to socio-economic issues, say experts – Gulf Digital News

UAE Business: Tech innovation key to socio-economic issues, say experts – Gulf Digital News

Leveraging opportunities in technology while ensuring digital inclusion should be the key to meeting the myriad socio-economic issues currently facing the world, said experts at the 16th Edition of the ABLF Talks held at the virtual venue ABLF City.



The ABLF Talks, held under the patronage of Sheikh Nahayan Mabarak Al Nahayan and in partnership with the UAE Ministry of Economy and Dubai Cares, saw top tech leaders from the region converge virtually to discuss the role of technology and the importance of financial and digital inclusion as they suggested ways to counter the grave problems that different sectors are grappling with in the wake of the pandemic.



Fadi Pharaon, President, MEA - Ericsson, spotlighted the initiatives of the technology giant in the field of education as well as in providing climate change solutions as he outlined the projects the company has taken up to meet the vision of the UAE government. “We need to leverage the power of 5G to transform industries and communities,” said Pharaon.



While digital transformation has been more pronounced in the finance sector, financial inclusion continues to be a challenge. In a panel discussion between Ahmed Alnaqbi, CEO, Emirates Development