A report released by World Economic Forum, UAE ranks 24th in the World and first among other Arab countries in its use of information and communication technology (ICT ) to enhance competitiveness and development.
Other Arab countries in the list include Qatar (25), Bahrain (30), Saudi Arabia (33) and Oman (41).
According to Global Information Technology Report 2010-2011, Sweden and Singapore continue to top the list. Finland stands third in the list. The rankings confirm the leadership of Nordic countries.
UAE showed steady performance in both the environment and usage categories, its strongest performance came in readiness measurement. In several other subcategories, UAE scored higher than others. The level of company-wide technology adoption in private sector is fifth in the world, while mobile telephone usage is first.
According to the Kuwait Financial Centre, UAE?s ICT in terms of spending will be $45.8 billion, which is a moderate 10 per cent growth. The spending on ICT includes capital expenditure on hardware and software.
Global Information Technology Report 2010-2011 remains the most comprehensive and authoritative assessment of the impact of ICT that covers 138 economies worldwide. The Networked Readiness Index (NRI) featured in the report examines how the countries are prepared to use ICT effectively.
According to the senior director and head of Information and telecommunications of World Economic Forum, Alan Marcus, innovation and ICT have proven a crucial lever for long-term growth along with social and economic benefits.