News

UAE named world’s top market for digital trade readiness

The UAE has been ranked the world’s most advanced market for digital trade readiness, according to Standard Chartered’s latest ‘Future of Trade: Digitisation’ report.

The study surveyed 1,200 multinational corporations across seventeen markets and found that 97% of UAE corporates view cloud computing as essential to their digital transformation. This was the highest rate globally.

The findings highlight strong support for global digital trade alignment, with 96% of UAE firms backing expanded Digital Economy Agreements, reinforcing the country’s position as a global benchmark for digital trade innovation.

Gulf Economist Staff Writer