Cementing UAE as a digital economy both organically and internationally
UAE is building its digital economy organically by educating its government employees as well as acquiring it internationally by attracting international tech players and their talents. Not only has the country come out with a new initiative to attract 300 global tech firms, but it is also working with Chainalysis to train its government employees on all things blockchain and crypto (virtual assets). In recent news announced, Minister of State for foreign trade, Thani Bin Ahmed Al Zeyoudi, launched the “NextGenFDI” that aims to attract 300 global tech firms as well as software developers, data scientists, and coders. The start of the initiative is through partnerships already inked out with seven major firms and business districts that include Abu Dhabi Global Market (ADGM) and Dubai International Financial Centre (DIFC), Dubai South, DMCC, Dubai Internet City, Emirates NBD and digital bank WIO. Al Zeyoudi said international businesses “are approaching u...