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Why the Middle East is a digital powerhouse

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Why the Middle East is a digital powerhouse

  1. 1. Duval Union Consulting IS A DIGITAL POWERHOUSE WHY THE MIDDLE EAST
  2. 2. EVERYBODY IS TALKING ABOUT THE US & ASIA…. +30 million social media users since 2016. The Middle East loves social media, especially videos. The region has second highest online video viewership in the world after the US. +25 million mobile usage since 2016. Around 91% of the UAE population have a smartphone. In Saudi Arabia this number is 86%. +19 million internet users since 2016. In the MENA region (Middle East/North Africa), millennials are actively online for 4 to 6 hours. WHEN THE Middle East IS AN EMERGING DIGITAL POWERHOUSE…
  3. 3. TOP TECH DEVELOPMENTS IN THE MIDDLE EAST
  4. 4. AUTONOMOUS FLYING TAXIS The UAE is making huge strides in revolutionizing transport in various areas. One such plan is to introduce the world’s first taxi drones. With the first public trial already successfully under its belt, Dubai, working with German firm Volocopter, hopes that people will be able to hail a flying cab from a nearby Voloport within the next five years TRANSPORT
  5. 5. HYPERLOOP ONE The Middle East want become the first region to launch Elon Musk’s revolutionary Hyperloop One. Moving passengers against the speed of air travel against a fraction of the cost. A move that could cut travel times between Abu Dhabi and Dubai down to 12 minutes. TRANSPORT
  6. 6. AI TECHNOLOGY IN AIRPORTS Dubai is looking to use artificial intelligence solutions to enhance the customer experience at their airports. AI may soon help airline passengers pick their on-board meals, schedule rental cars or guide passengers through last-minute duty-free shopping. On top of that, Dubai wants to integrate self-driving electric vehicles to help the airport crew. TRAVELLING
  7. 7. THE FIRST CITY ON BLOCKCHAIN The Emirates launched a serie of pilot projects to assess the extent to which blockchain can be leveraged to transform the delivery of government services. One of the first initiatives is the introduction of Dubai’s own cryptocurrency: emCash. ECONOMY
  8. 8. ROBOT POLICE ON THE STREETS This year the UAE piloted a robotic policeman capable of issuing fines, feeding video back to base and identifying people through facial recognition; a first move in a strategy that will see 25% of all positions taken up by robots by 2030 SECURITY
  9. 9. 3D PRINTED HOUSES In 2017 Dubai 3D printed a 2,700 square foot building which only took 17 days and 18 people to build, half as many people as a conventional building of the same proportions would require. LIVING
  10. 10. BOOMING GROWTH OF AI Saudi Arabia has become the first country to give a robot citizenship. The move is an attempt to promote Saudi Arabia as a place to develop artificial intelligence-, and presumably, allow it to become a full citizen. CITIZEN SAUDI ARABIA GRANTS CITIZENSHIP TO A ROBOT FOR THE FIRST TIME EVER
  11. 11. THE FIRST MINISTER FOR AI In 2017 the UAE appointed Omar Bin Sultan Al Olama as the country’s first Minister of State for Artificial Intelligence. AI is part of the 2070 UAE centennial strategy. GOVERMENTAL
  12. 12. DIGITAL EDUCATION INITIATIVES UAE launched on education platform to educate 1 million Arabs in computer coding. In it’s first week the platform already attracted 500.000 coding enthusiasts. EDUCATION The Middle East is well known for a wide arrange of MOOC platforms (Massive Open Online Courses).
  13. 13. DIGITAL HUB NEOM Saudi Arabia, Jordan & Egypt want to build a future digital hub 33 times bigger than New York. NEOM will focus on nine specialized investment sectors and living conditions that will drive the future of human civilization, energy and water, mobility, biotech, food, technological and digital sciences, advanced manufacturing, media, and entertainment with livability as its foundation. INFRASTRUCTURE
  14. 14. THE SUCCES FACTORS OF DIGITAL GROWTH IN 
 THE MIDDLE EAST
  15. 15. CULTURE CAPITAL CIVICS QATAR UAEOMAN BAHRAIN EGYPT SAUDIA ARABIA KUWAIT The Middle East has one of the best legal frame works to start new business. Legal entry barriers are extremely low. For example: in Dubai you have free zones catering various business clusters where foreign investors can enjoy 100% ownership and pay zero taxes. The Middle East has one of the most digital savvy cultures in the world. The UAE, Qatar and Bahrain have a 100% smartphone penetration and more than 70% social media adaption, these numbers are higher than the US. The Middle East wants to adopt a leading digital economy by heavily investing into attractive regions. It is predicted that the regions will invest +7 billion dollars into innovative technologies (Ai, IoT etc…) by the end of 2030. THE GOLDEN TRIANGLE OF THE MENA REGION
  16. 16. THESE ADVANTAGEOUS FACTORS ARE CAUSING THE RISE OF MANY START-UPS WITHIN THE REGION Fletchr is an International expres, mail delivery and logistic service company, operating an app-based on-demand delivery service. The company is based in Dubai and got a funding of 52 million dollars. Fetchr is a start-up company from Dubai specialized in international express, mail delivery and logistics services. Everything is app-based and on-demand. The company raised a total funding of 52 million dollars. FETCHR.
  17. 17. Paytabs is an innovative new economy centric payment solution built to provide buyers and sellers an advance technology to pay and get paid. The company is oriented in Saudi Arabia and valued at 20 million dollars. THESE ADVANTAGEOUS FACTORS ARE CAUSING THE RISE OF MANY START-UPS WITHIN THE REGION PAYTABS
  18. 18. THESE ADVANTAGEOUS FACTORS ARE CAUSING THE RISE OF MANY START-UPS WITHIN THE REGION Seez R is a start-up company from Saudi Arabia. They offer an app that allows people to scan any car they see and immediately tell them the market price and value. The Tech company raised 1.7 million in funding last year. SEEZ R
  19. 19. THESE ADVANTAGEOUS FACTORS ARE CAUSING THE RISE OF MANY START-UPS WITHIN THE REGION Anghami is the first legal music streaming platform in the Middle East. The platform provides unlimited Arabic and International music. Their streaming service has already more than 33 million users. Anghami THE SPOTIFY OF THE Middle East
  20. 20. OVER THIS PAST YEAR MORE THAN 3 BILLIONS DOLLARS HAS BEEN RAISED FROM THE MIDDLE EAST FOR TECHNOLOGY INVESTMENTS IN VARIOUS REGIONS. THIS WAS A MAJOR WAKE-UP CALL FOR FOREIGN INVESTORS TO NOT UNDERESTIMATE THE START-UP POSSIBILITIES IN THE MIDDLE EAST…
  21. 21. INTERNATIONAL PLAYERS STARTED TO SHOW INTEREST IN THE BOOMING GROWTH OF THE MIDDLE EAST Amazon is entering the Middle East retail market by buying the biggest E-commerce platform, Souq. Amazon wants to target the Middle Eastern market with the help of Souq. AMAZON - SOUQ DEAL
  22. 22. CAREEM, UBER’S BIG RIVAL Careem is a transportion network company based in Dubai, with operations in 53 cities in the Middle East and Africa. The company is one of the biggest Uber rival’s in the region. At the end of 2017 the company was valued at 1 billion dollars. Attracting investors like Daimler AG. INTERNATIONAL PLAYERS STARTED TO SHOW INTEREST IN THE BOOMING GROWTH OF THE MIDDLE EAST
  23. 23. WHAT DOES THE FUTURE BEHOLD FOR THE MIDDLE EAST?
  24. 24. The Middle East has only scratched the surface of their digital potential. It is estimated that the region only has reached 8% of it’s full potential. Leaders in the Middle East want to fully harness the power of digital by 2030. THE MIDDLE EAST IS JUST SCRATCHING THE SURFACE… Only at 8% OF IT’S FULL DIGITAL POTENTIAL
  25. 25. WHO WE ARE Duval Union Consulting
  26. 26. W E A R E G H E N T - D U B A I - A M S T E R D A M - O S L O New style management consultants for a digital world. We work for global clients in different industries. We have a strong European and Middle East presence. We are pioneers since 2009.
  27. 27. IS TO FUTURE PROOF YOUR ORGANISATION FOR A DIGITAL WORLD.  OUR MISSION G H E N T - D U B A I - A M S T E R D A M - O S L O We do this by structurally empowering you to deal with different waves of disruption. We help you understand the impact of digital, envision your future, create business strategies and change your organisational capabilities and culture in order to manage real transformation.  CONSULT COACH CONNECT
  28. 28. Digital THOUGHT LEADERS We write books sold in over 55 countries. We give keynotes internationally.
  29. 29. Dado Van Peteghem Founding Partner, Co-CEO dado.vanpeteghem@duvalunion.com REACH OUT FOR MORE INFORMATION… Nick Vinckier Chief Strategy MENA region nick.vinckier@duvalunion.com PS: WE JUST OPENED AN OFFICE IN DUBAI

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