The United Arab Emirates ranked first regionally and among the top 7 economies in the world in the "Measuring Digital Progress 2020" report, issued by "Harvard Business Review" in partnership between "Tufts" University of America and "MasterCard", where the third edition of the Digital Performance Report presented an analysis of 90 global economies, based on a set of 160 indicators; by 4 main motors; these are: supply, demand, and the institutional environment, in addition to innovation and change.
The Emirates, along with 3 prominent countries, are: South Korea, Singapore and Hong Kong among the best performers in the main "distinguished economies" index, which describes high levels; in terms of current "digitization", in addition to the strong and continuous momentum to develop digital capabilities, resilience, enterprise-led support for innovation, also featured in the same list was Estonia, Taiwan, and the United States.
According to the report, the UAE and the rest of the digitally distinguished countries have reached this advanced rank, because they have given priority to several important points, including: Expanding adoption of consumer digital tools (e-commerce, digital payments, and entertainment), and its endeavor to attract, refine and retain digital talent, in addition to promoting digital projects and providing fast internet networks (such as optical fibers), mobile broadband internet, to specialize in exporting goods, services or digital media, and coordination of innovation between universities, companies and digital bodies within the country.
Source (Al Khaleej UAE newspaper, Edited)
