50 pilot programs and projects to support digital economy transformations in the Arab countries

Al Eqtisadiah from Riyadh The Seamless Conference and Exhibition of Digital Economy Technologies announced the launch of 50 pilot programs and projects to support digital transformation in Arab countries, representing the outputs of the first draft of the joint Arab strategic vision for the digital economy.
The conference called on all sectors, specifically the private sector, to see these programs to start coordinating efforts to implement them and compete for them given their large financial returns and their enormous social and economic impacts on Arab societies.
The Digital Economy Technologies Conference and Exhibition – at the conclusion of its activities hosted by Dubai at the World Trade Center under the auspices of the League of Arab States and the Council of Arab Economic Unity – recommended that efforts should be directed to support the framing and institutionalization of joint Arab action in the fields of electronic security, artificial intelligence, robotics, blockchain, digital currencies and machine learning to unify efforts The Arab League in these areas, and focus on the outputs of the first draft of the joint Arab strategic vision for the digital economy that the League of Arab States issued through the Council of Arab Economic Unity, in order to frame the relevant policies and create the appropriate climate to attract international investments for the sovereign programs and projects of each country, according to the Emirates News Agency .
The recommendations that were read out by Ambassador Muhammad Muhammad al-Rabi ‘, Secretary General of the Council of Arab Economic Unity at the League of Arab States called for concentrating the efforts of Arab financing funds and unifying them to implement the programs and projects of the joint Arab strategic vision for the digital economy that was accomplished with the support, support, formulation and review of the World Bank, and the Department of Economic and Social Affairs in The United Nations, the United Nations Development Program, the Organization for Economic Cooperation and Development, Harvard University and a committee made up of international experts working in the fields of the digital economy, instead of disbursing funds and financing investments in preparing non-integrated and non-comprehensive strategic visions.
And it called for all efforts to be made to ensure a strong launch of the joint Arab vision programs and projects for the digital economy by implementing the ten priority programs that were highlighted in the first draft of the strategic vision.
It called for the establishment of a special entity for the digital economy, directly affiliated with the League of Arab States and capable of formulating strategies, developing new programs for information and communication technology, evaluating the implementation of digital transformation among all sectors in all Arab countries, increasing awareness among governments and citizens, opening opportunities for digital inclusion for Arab societies and improving The region’s location in the digital economy. The recommendations also called for developing a governance system for each of the strategic vision programs separately. Especially those that will be funded by international institutions and development funds to ensure consistency between the comprehensive strategy and the program’s strategy to reach the results to be achieved, and to accelerate coordination with all Arab countries to create an Arab index measurement tool for the digital economy by collecting the results of its detailed indicators and starting to issue an annual report on the state of the economy. Each Arab country has a digital and detailed means of development based on the results.
Seamless Conference and Exhibition of Digital Economy Technologies, at the conclusion of its recommendations, affirmed its belief that this is the best opportunity, if not the only one available today, to unify the efforts of all Arab governments, and to ensure that Arab countries keep pace with the digital revolution, and achieve its positive effects on economic growth and sustainable development by integrating them with programs. Internationalism aimed at strengthening and stabilizing the economies of the Arab region.
The works of the second day of the Conference and Exhibition of Digital Economy Technologies witnessed specialized sessions that shed light on artificial intelligence and its effects on various sectors, database management and electronic security, in addition to the reality of financial inclusion for the benefit of financial technology and all segments of society, and digital payments. Dr. Ali Muhammad Al-Khoury, Advisor to the Council of Arab Economic Unity, inaugurated the works of the second day of the conference with a speech in which he touched on economic security and the importance of integration and uniting efforts to better achieve development goals. The political and social stability of many countries suffering from internal conflicts has led to waves of challenges on the surrounding countries, adding enormous economic burdens to them, and the equation that has become imposing itself on us is: that in order for us to preserve our economic security, we must support and preserve as well On the economic security of our neighboring countries. “

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