UAE’s national digital economy set to grow by $140 bln by 2031

UAE’s national digital economy set to grow by $140 bln by 2031

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has issued a recent report detailing plans to drive the emirate’s digital economy ambitions, as part of its efforts to strengthen the digital economy ecosystem in Dubai and achieve the goals of the Dubai Economic Agenda (D33).

The report estimates the national digital economy will grow to well over $140 billion in 2031, up from today’s nearly $38 billion.

For the latest headlines, follow our Google News channel online or via the app.The study underlined the importance of Dubai Chamber of Digital Economy’s efforts, and the collaboration between various stakeholders and digital startups, to firmly position Dubai as the next digital economy capital of the world.

Published in collaboration with Entrepreneur Middle East and titled ‘Dubai’s Digital Economy and its Thriving Startup Ecosystem,’ the report explains the fundamental role of the Chamber in supporting digital economy strategies and achieving the wise leadership’s objectives to cement Dubai’s position as a global capital of the digital economy.

Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, Chairman of Dubai Chamber of Digital Economy, said that doubling the contribution of the digital economy to the UAE’s