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According to a new global study, building digital trust has significant economic value. A 5% increase in digital trust results in a $3,000 increase in GDP per capita. The Digital Trust Index: The Value of Digital Trust is seminal research into the attitudes and drivers of digital trust in modern economies conducted by Callsign, the digital trust pioneer, and the Centre for Economics and Business Research (Cebr).

‘Today, we established the Higher Committee for Future Technology and Digital Economy in Dubai to consolidate Dubai’s status as a global digital economy hub. Dubai’s digital transformation drive was initiated by @HHShkMohd in 1999.

The event will guide MENA regulators, who must balance competing demands for prized spectrum, particularly between licensed (5G) and unlicensed (WiFi). WiFi industry continues to lobby regulators to make 6GHz spectrum available to WiFi users, saying wireless is "a necessary complement to delivering 5G, an important tool bringing communication networks to underserved areas, and a strong contributor to global economies."

According to a study by the University of Oxford, money is a transmission route for bacteria, up to 26,000 per banknote. In many areas, the fear that banknotes or coins are a vehicle for the transmission of infection has caused some establishments or services to prohibit it. Many US restaurants have gone cashless and are using QR codes for menus.

Gargantuan advancements have been made over the last couple of years to tackle the pandemic. But COVID-19 is still casting a long shadow of uncertainty across the globe. Businesses in almost every sector have had to quickly adapt to a digital-first world and, as economies start to fully reopen, many are finding that the challenges faced so far were just the tip of the iceberg.

“Saudi Arabia today stands at the threshold of change, underpinned by the nation’s ambitious vision and drive to transform, innovate and build a legacy for generations to come,” said Mohamed Talaat.

Sayed Hashish, GM of Microsoft, said, “At Microsoft, we are fully committed to empowering manufacturers in making these transitions to digital, through cutting edge offerings such as Microsoft Cloud for Manufacturing as well as our focus on research through initiatives such as Manufacturing Core, which focuses on innovative ideas and technological solutions to make manufacturing more efficient and competitive.”

Governments across the Middle East have recognized that the future is digital, making it a cornerstone of national development plans. For example, Saudi Arabia's Vision 2030 initiative, includes an elaborate Digital Economy Policy, reflecting its significance to the country. This policy aims to increase the digital economy's share of total Gross Domestic Product (GDP) in line with other leading global economies.

“The experts and thought leaders gathered at the World Cloud Show shared their thoughts on its capabilities and what it implies for the future of IT, especially for Egypt & MENA region," says Mithun Shetty.

The Digital Challenge for Egypt is how the public and private sectors can align with Egypt Vision 2030 and leverage the latest cloud solutions to build end-to-end digital economies, sustainable cities," said Mohammed Samy.