Posted by Neil King
The UAE is making the best use of information and communications technology (ICT) to further its economic growth out of all the countries in the Middle East and North Africa (MENA).
According to the Global Information Technology Report - a study conducted by the World Economic Forum and INSEAD, an international graduate business school - the UAE ranks first among 14 MENA countries for the second consecutive year and 23rd among 133 countries across the world, Gulf News reported.
The study analysed the link between ICT readiness and economic growth, with Sweden coming top of the global ranking.
Commenting on the UAE's strong performance, Soumitra Dutta, a professor of business and technology at INSEAD, and co-editor of the report, told the news provider: "The ranking confirms the positive impacts of the investments that the UAE has made in supporting technology excellence over the last years. Now the UAE has to build on this, and further prepare its economy for the knowledge economy."
According to economic minister Sultan Bin Saeed Al Mansouri, economic growth in the UAE will more than double to 3.2 per cent this year.