UAE is Being a Leading Regional Hub for IT and Telecommunication Trade


Those times when the UAE was considered just a touristic attraction are already history, as, over the past years, it turned into a leading regional hub for IT and telecommunication trade, thanks to its position as an excellent platform for top tier tech companies from all over the world. After all, the numerous global technology-oriented events that were organized here are the best proof of the country’s progress!

Currently, Dubai can be considered one of the world’s fastest cities to move into the digital era, all these being the result of the adoption of the Smart Government Initiative, launched by UAE Vice-President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Of course, this is just the beginning, as until 2020, the UAE will develop even more. If Dubai is now witnessing to smart infrastructure, based on the latest technology, no matter if we’re talking about the driverless Metro network, drive-through toll gates and many other impressive constructions, there’s a promise that in four years, the city will showcase something that the world has never seen before.

Still, what’s impressive about the UAE is the foreign trade turnover. The country is among the world’s most dynamic markets when it comes to foreign trade, being one of the biggest 16 exporters and 20 largest importers of commodities. To be more specific, between 2012 and 2014, trade in the UAE represented, on average, a bit under 175% of the GDP.

Still, like mentioned above, it’s the technology scene – consumer electronics, IT and telecommunications – that keeps the first pages in the UAE.

Like expected, between 2014 and 2015, mobile phones were the most traded commodities in the UAE, at a bigger rate than PCs and tablets. For example, at the end of Q3 2015, 29.75 million mobile phones were shipped in the region, confirming the rise of the mobile phone market throughout the mentioned period. As for the current year, the shipments are expected to grow 5.3 percent, reaching a total of 123 million devices, compared to 117 million units in 2015.

Notebooks and PCs were also traded intensively in the UAE, being the subject of wide re-exports, to destinations like Iran, Pakistan, Iraq and several African countries. Finally, the same thing can be said about PC monitors, 60 percent of the total shipments into the UAE being eventually re-exported, no matter the brand, to the Middle East, Africa and Eastern Europe.

Considering all these numbers, we can easily say that Dubai is the liaison point of major IT and electronics markets, throughout various regions, thanks to its ports and free zones. This rapid growth pace of the consumer electronics, IT and telecommunications trade won’t stop here though, as we’re looking forward to even better results for 2016, for all product categories.

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