The United Arab Emirates (UAE) will host an international conference in Abu Dhabi, in mid-December where the country will present Arab countries digital economy’s strategy to representatives of Arab countries. The UAE supports an unprecedented initiative for digitalising the Arab world’s economy entitled “A joint Arab Vision for the Digital Economy”. It is planned to review the outcome of a study assessing initiatives and development projects in the areas of transformation and the digital economy in Arab countries. The CAEU expressed its appreciation for the UAE’s initiative, which will contribute to the adoption of Arab economic solutions, from a comprehensive Arab perspective, based on joint Arab action. The UNDP’s investments in Arab countries is estimated at about $1bn.

Source: Daily News Egypt December 06, 2018 01:18 UTC