Digital Dubai Advances Data Centre Economy to Boost Digital Innovation

Digital Dubai, in collaboration with government and private sector partners, has initiated practical steps to implement the Strategic Vision for the Data Centre Economy in Dubai.

Approved by The Executive Council, this vision aims to position Dubai as a leading hub for future economies supported by emerging technologies, aligning with the Dubai Economic Agenda D33's objective to boost the city's economic productivity by 50% through digital innovation.

The initiative, which includes a comprehensive analysis by Digital Dubai, identifies significant opportunities for establishing AI-driven data centres. These centres are expected to add AED 14.3 billion in value by 2028 and create job opportunities within the digital economy.

The strategy will enhance Dubai's readiness for advanced technologies like Web 3.0, the Metaverse, Smart Cities, and the Internet of Things. It also aims to foster partnerships across various sectors, including sustainable artificial intelligence.

Key stakeholders, including the Telecommunications and Digital Government Regulatory Authority, Dubai Electricity and Water Authority, Dubai Municipality, the General Secretariat of the Executive Council, and the Dubai Department of Economy and Tourism, are coordinating efforts to strengthen Dubai's position in the global digital economy.

Hamad Obaid Al Mansoori, Director-General of Digital Dubai, emphasized the UAE's competitive advantages as a global destination for sustainable data centres. Younus Al Nasser, CEO of the Dubai Data and Statistics Establishment, highlighted the emergence of new economic patterns, while Hadi Badri, CEO of Dubai Economic Development Corporation, praised the leadership's vision in maintaining Dubai's forefront position in the digital economy.

The next phase will focus on integrating efforts among stakeholders, promoting high-performance computing, renewable energy use, and efficient government procedures, ultimately supporting Dubai's digital strategy and increasing the digital economy's contribution to the overall economy by $100 billion.

News Source: Emirates News Agency