UAE Economy to Post Strong Growth Over Next Decade

A new forecast from economics organisation IHS Global Insight suggests that the United Arab Emirates’ (UAE) economy will post strong growth over the next decade.

Regional news hub Emirates 24/7 reports that IHS Global Insight recently released the findings of its new report. The firm predicted that the Emirates has a favourable long-term growth outlook, estimating that the national economy will expand by 3.5% on average per year for the next ten years.

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UK and UAE Establish an Ambitious New Trade Goal

British Prime Minister David Cameron recently announced that the UK and the United Arab Emirates (UAE) will work towards achieving an “ambitious” new trade goal. Dr Abdulrahman Al Ansari reviews.

Boosting trade Regional news portal Gulf Daily Online reports that according to Cameron, the UAE-UK Business Council hopes to boost annual trade to US$35.3 billion (bn) by 2020. This new target was set, suggested global research consultancy Oxford Business Group (OBG), after the Council reached its previous yearly trade goal two years early.

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Dubai Hosts ‘Future Technology Week’

Dubai, the United Arab Emirates’ (UAE) most prominent city, recently played host to ‘Future Technology Week.’ Abdulrahman Al Ansari looks at how this collection of technology-orientated events shed light on the current trajectory of the country’s digital economy.

Future Technology Week   Gulf Daily Online reports that Future Technology Week was hosted in Dubai, during the week to 31st March 2016. It involved four events – the two-day Internet of Things Expo (IoTX), the one-day Gulf Enterprise Mobility Exhibition & Conference (Gemec), the one-day The Big Data Show and the Gulf Information Security Expo & Conference (Gisec).

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UAE Company Trials ‘Li-Fi’ Technology

A United Arab Emirates (UAE) based telecoms company has announced that it has trialled a new ‘Li-Fi’ technology. Abdulrahman Al Ansari looks into how this could transform the Emirates’ digital economy in the future.

Li-Fi stands for ‘Light Fidelity,’ a new technology which facilitates internet usage. It uses a simple LED lightbulb to transmit data at extraordinary speeds, by switching these bulbs off and on at pace imperceptible to the human eye. Due to its reliance on light bulbs, Li-Fi is potentially cheaper to operate than existing Wi-Fi technologies and also offers speeds which are significantly higher.

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