UAE and Saudi Arabia emerging as regional ‘tech powerhouses’

36th Gitex Technology Week in Dubai World Trade Center: New Technology exhibition in Gulf and MENA Region at DWTC, Dubai. (Shutterstock)
Updated 19 March 2019
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UAE and Saudi Arabia emerging as regional ‘tech powerhouses’

  • UAE and Saudi Arabia still have work to be done in order to catch up with countries with cutting-edge skill sets in technology, business and data science
  • Ahead of private sector expansion, business will be a key area for improvement in the UAE and Saudi Arabia

DUBAI: The UAE and Saudi Arabia show the most promise in terms of skills in technology, according to the Coursera’s Global Skills Index, an in-depth report on skill trends and performance across 60 countries in the Middle East and around the world.

“The UAE shows the most promise in Technology (#40) compared to Business (#52) and Data Science (#38). This may be a reflection of the UAE government betting big on AI and fostering a testing ground for robotics,” the report stated.

“Saudi Arabia ranks higher in Technology (#50) compared to Business (#58) and Data Science (#58). Its strong performance in Human-Computer Interaction (92%) is likely a reflection of the government’s investment in digitization,” it added.

“Although there’s been a significant increase in education investment in recent decades, MEA students still aren’t graduating with the right skills, as the 31% youth unemployment rate indicates.”

While they are on the right track, and are regional powerhouses, results show that the UAE and Saudi Arabia still have work to be done in order to catch up with countries with cutting-edge skill sets in technology, business and data science such as Spain, Austria and Switzerland.

Ahead of private sector expansion, business will be a key area for improvement in the UAE and Saudi Arabia. The UAE’s lowest performing domain is business and it ranks #52 globally and #4 in the region. Saudi Arabia also ranks lower in business at #58 globally and second to last in the region. It lags the most in accounting and marketing (2%). Upskilling in business will be key areas to the region’s goals for private sector expansion.

“As the countries shift their industrial base away from natural resources, they must focus on building a knowledge-based economy that’s driven by a highly skilled workforce. The development of technology and data science skills, in particular, will continue to emerge with the adoption of new-age technologies such as Internet of Things, Artificial Intelligence and blockchain, underpinned by the UAE Vision 2021 and Saudi Arabia Vision 2030, respectively,” the findings stated.

Finland, Switzerland and Austria round up the top three worldwide respectively in terms of business skill sets, which include accounting, marketing, finance, sales, management and communication. Saudi Arabia, Bangladesh and Egypt, however, sit as the bottom three respectively.

Argentina, Czech Republic and Austria sit as the top three worldwide respectively in terms of technology, while Kenya, Pakistan and Nigeria round up the bottom three. Technology skill sets studied include computer networking, operating systems, human computer interaction, databases, security engineering and software engineering.

In terms of data science worldwide, Israel, Switzerland and Belgium are rated as the top three worldwide respectively, with Saudi Arabia, Pakistan and Nigeria sitting at the bottom three. Data science skills include math, statistics, machine learning, data management, statistical programming, and data visualization.

Coursera’s full Global Skills Index can be found below:


Twitter triples first-quarter profit to $191 million

Updated 23 April 2019
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Twitter triples first-quarter profit to $191 million

  • Profits in the first quarter hit $191 million, compared with $61 million a year earlier
  • The longstanding metric of monthly active users was 330 million in the January-March period

WASHINGTON: Twitter said Tuesday its profits tripled in the past quarter even as it ramped up efforts to root out abuse and misconduct on its short messaging platform.
Profits in the first quarter hit $191 million, compared with $61 million a year earlier, while revenues increased 18 percent to $787 million.
Twitter’s global user base appeared to show modest growth even as the company transitions to a different way of measuring it.
The longstanding metric of monthly active users was 330 million in the January-March period, an increase of nine million from the past quarter but down slightly from a year ago.
But Twitter no longer will use that measure, switching instead to “monetizable” daily active users — 134 million in the past quarter, up from 120 million last year.
Chief executive Jack Dorsey said Twitter is benefiting from its moves to root out abusive and inauthentic content that had hurt Twitter’s reputation.
“We are taking a more proactive approach to reducing abuse and its effects on Twitter,” said Dorsey.
“We are reducing the burden on victims and, where possible, taking action before abuse is reported.”
He added that Twitter aims to become “more conversational” and has launched a prototype for a new app called “twttr,” with the goal of “making conversation on Twitter feel faster, more fluid and more fun.”