Abu Dhabi’s Arab Digital Economy Conference day two kicks off

Big 5

The second day of the First Arab Digital Economy Conference has kicked off in Abu Dhabi on Monday.

The conference is held under the auspices of Sheikh Mohammed bin Zayed Al-Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE’s Armed Forces. It aims at developing joint Arab action and harnessing the potential of the Arab world to stay abreast with the major global changes in the digital economy. It brings together Arab capacities and international expertise to activate joint Arab cooperation for the advancement of Arab societies.

The first edition of the conference seeks to present the axes of the common Arab strategy for the digital economy to the attending representatives of the Arab countries, experts, think-tanks, academics, and Arab and international practitioners.

A number of international and Arab institutions, organisations, and more than 70 international experts and specialists in digital economy are already involved in the formulation of the strategy.

The Council of Arab Economic Unity (CAEU) has established sub-committees with many international and Arab bodies. They include the United Nations, the World Bank, the organisation for Economic Cooperation and Development, the European Commission, the Digital Government Services in the UK and other institutions working in the digital economy to review the strategy before it is launched at the conference.

The output of the strategy will include development initiatives and projects that will highlight the economic opportunities available for the Arab States in the areas of digital transformation. The context of the strategy is of non-compete and aims at integration to ensure that all Arab states benefit from the development opportunities.