Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications in the UAE, said that his country currently has 3,000 companies working in the field of the digital economy, adding, “This number is the largest in the Middle East, and we aspire to double it through this initiative.” For more than 5,000 companies over the coming years.

Today, Sunday, Dr. Sultan Al Jaber, UAE Minister of Industry and Technology, announced plans to invest more than 5 billion dirhams in the field of digital economy, advanced technology and the Fourth Industrial Revolution.

In statements to Al Sharq News Channel, the scholars indicated that the UAE seeks to advance the digital economy as one of the most important pillars of the country’s economy, so today important projects were announced to develop the digital economy, adding, “The UAE is a silicon valley for the region, and our ambition is to be one of the silicon valleys in the world.” And to be the station for technology companies in the world.”

Regarding the UAE data law that was announced today, the minister said, this law was worked on in cooperation with the largest digital companies in the world, so that it guarantees the privacy of the individual and ensures the growth and prosperity of private companies, pointing out that the details of the law will be announced in the coming weeks and it will be a point of change. in the digital economy in the UAE.

The UAE is currently working to attract the most important programming conference in the world to the UAE during the second quarter of 2022, the Tycoon Conference, which includes the strongest and largest number of programmers to come to the UAE to exchange experience and knowledge in the field of programming.