UAE on path to become a leading digital economy

The UAE has taken the next step in developing their digital economy, and the National Programme for Coders is helping them do so.

The UAE’s National Programme for Coders aims to catapult the country into a global leader in the digital economy. The government will give 100,000 Golden Visas to top global coders as part of this project, as well as enhance investment in the digital economy and achieve other goals detailed in this article.

The goal of the programme is to entice top coding talent from around the world to relocate to the UAE. High-skilled Emiratis with the relevant skills will fill those roles closer to home. Collaborations with big global digital companies such as Google, Amazon, IBM, LinkedIn, Microsoft, Cisco, HPE, Facebook, and Nvidia have already been established, demonstrating the digital economy of the future.

Potential benefits of this programme to UAE digital economy.

  • Training of Emirati nationals in coding

One of the main goals of the National Coding Program is to teach Emirati people how to code, which is a highly sought after ability. Individuals from outside the UAE will be incentivized to relocate to the UAE in order to ensure that nationals enter the ranks of the top coders in the world. As the trainees gain experience, they will apply their knowledge to the UAE’s digital economy, assisting in its growth with the goal of becoming the world’s leader in this field.

  • Encouragement of the use of digital tools and apps.

The National Program of Coders will be overseen by the Artificial Intelligence Office in order to support national strategies and activities. With the introduction of this national programme, digital tools and apps are expected to become more widely used in all areas of society, particularly in business and government. These tools and software will aid businesses in reducing expenses, increasing efficiency, and increasing their competitiveness. As these benefits spread, there will be a greater need for coding services, and the digital economy will prosper as a result of this locally produced demand.

  • The digital economy will receive more funding.

The government declared at the introduction of the National Coding Program that it will increase its digital economy investment from Dh1.5 billion ($408 million) to Dh4 billion ($2.72 billion).

Individuals and businesses would normally have to raise their own funds to establish a project related to the digital economy under normal conditions. However, with this government backing, it will be easier to obtain money. As a result, the rate at which new ideas are brought into the digital economy will accelerate dramatically.

  • Creating synergies

The goal of the programme is to foster collaboration among various players in the digital economy and enterprises (both local and international). Coders, government organizations, academia, commercial corporations and institutions, and entrepreneurs in the coding industry are among them.

The digital economy is likely to benefit as this collaboration deepens as enabling policies and legislation are passed and implemented. Second, coders will be able to create market-driven innovations that address important economic and societal problems. In fact, business companies and government organizations are increasingly commissioning coding initiatives to meet urgent needs.

  • Creation of jobs in the digital economy

Because the initiative will involve several government agencies as well as the local community, many employment will be created for those with the necessary talents to supply the solutions that the community needs.

For example, the next part of the coding programme will focus on finding answers to 100 difficulties in the healthcare, government, business, and other services sectors, which will be recognized and prioritized. To find those solutions, a large number of highly qualified persons will be required, and the digital economy will continue to gain from the creation of those new jobs.

UAE has launched a coder training initiative in collaboration with Google and Amazon.

The UAE has agreed to train 100,000 young people in computer programming in collaboration with a number of technological firms, including Google and Amazon.

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, announced the arrangement with Google, Microsoft, Amazon, Cisco, IBM, LinkedIn, Nvidia, and Facebook on Saturday.

He intends to teach 100,000 programmers and coders in the next five years, launch 1,000 digital businesses to improve the Emirati economy, and expand government assistance for start-ups from Dh1.5 billion to Dh4 billion.

“We launched a national programme for coders with Google, Microsoft, Amazon AWS, Cisco, IBM, HPE, LinkedIn, Nvidia & Facebook with aims to train 100,000 coders, establish 1,000 tech companies that will go global, & increase start-up investments from Dh1.5 billion to Dh4 billion,” Sheikh Mohammed wrote on Twitter.

The new initiative is a significant step forward in the development of our digital economy. The world is rapidly changing, and the digital economy’s rapid expansion will result in the creation of new types of occupations. To succeed in an ever-changing world, we must be able to quickly adapt to new trends.

100,000 of the world’s greatest coders will be granted golden visas as part of the initiative. The UAE will hold ten “hackathon” competitions, bringing together top programmers for events throughout the emirates. The ability to write code, design computer software, and create mobile applications will be among the most in-demand skills in the global employment market in the future. The strategy, which was spearheaded by the think tank Dubai Future Foundation, aimed to provide young people with the job skills that the future labor market needs.

According to Monster, one of the world’s largest employment portals, demand for information technology skills and qualifications is “extremely high” — higher than the “moderate” rating for engineering and “moderate to low” for science qualifications. It forecasts a 10% increase in worldwide employment over the next ten years — potentially millions of jobs — and a median annual wage of $90,000 now.

Those that can programme, write, or administer Oracle, JavaScript, C++, and Apache Hadoop are in high demand among employers in this field. Many people who work in coding and programming professions have shifted careers and enrolled in specialized courses, rather than completing bachelor’s or master’s degrees at universities, according to reports, giving optimism to many people exploring a career change.

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