Mena’s digital market value is expected to reach $35 billion in 2015, and overall digitization initiatives could add $820 billion to regional GDP, creating 4.4 million jobs by 2020, a report said.
However, this rapid digitiz
Mena’s digital market value is expected to reach $35 billion in 2015, and overall digitization initiatives could add $820 billion to regional GDP, creating 4.4 million jobs by 2020.
However, this rapid digitization and the r
The role of digitalization in enhancing business was highlighted at a recent summit organised by ValueLabs, a product development, IT services and consulting company, in Dubai, UAE.
The CXO IT Summit 2015 was aimed at expanding it
While digitization provided a $193 billion boost to world economic output and created six million jobs globally in 2011, the effects of the growing technologies are uneven across countries and sectors, a report said.
With enabling ICT policies and focus on digitization, the South Asia and the Mena region can realize a $1.3 trillion cumulative impact on its GDP by 2020, creating more than 7.2 million new businesses and 13 million new jobs, a report said.
Standard Chartered has announced that it will be introducing a series of digital services and solutions including mobile and online banking to the UAE market this year.
The bank also inaugurated its fifth Electronic Banking Unit (
In order to penetrate the Mena region’s rapidly growing digital services market and overcome related challenges, telecom operators must build an entirely new capabilities system, a report said.
With the market for digital se