Dubai, UAE– Dubai Chamber of Commerce has announced the launch of the Cloud Computing Business Group, which will focus on promoting the development of cloud computing companies.
The Chamber said that by providing a forum that facilitates mutual dialogue between the sector stakeholders and government entities, the business group will address policy matters related to the industry, amongst others.
The new business group is part of the chamber’s plans to increase the number of business groups that represent economic sectors and activities in Dubai, the Chamber said.
Dubai Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023.
The UAE has consistently outperformed 15 other countries in the Middle East and North Africa region as the most cloud competitive economy.
SMEs and start-ups in the UAE are expected to gain a total of $17.1 billion (AED62.6 billion) in economic benefits from hyperscale cloud computing between 2022 and 2030, equivalent to 2.3 percent of the UAE’s GDP in 2021.
Commenting on the launch, Maha AlGargawi, Executive Director of Business Advocacy at Dubai Chambers said, “As one of the most future-ready nations in the world, a cloud-powered advanced digital infrastructure is essential to support Dubai’s goals of fully integrating digital technology into all government operations and plans.”
One of the business group’s founding members, Miguel Villalonga, CEO of e& enterprise Cloud, stated, “The formation of this business group comes at the right time as cloud computing has become integral to businesses and the overall Dubai economy ecosystem. It will serve as a platform for fruitful discussions between stakeholders in the sector.”