Google AI
The Times Australia

Times Media Advertising

Digital Cooperation Organization welcomes Nigeria and Oman as founding members, and launches several initiatives

Digital Cooperation Organization welcomes Nigeria and Oman as founding members, and launches several initiatives

RIYADH, Saudi Arabia, April 13, 2021 /PRNewswire/ -- The Digital Cooperation Organization (DCO), based in Riyadh, announced the joining of the Federal Republic of Nigeria and the Sultanate of Oman, as founding members, joining Bahrain, Jordan, Kuwait, Pakistan, and Saudi Arabia. Combined, the seven countries are an economic bloc of $1.2 trillion in GDP. The population base of the seven nations is close to 480 million, 80% of whom are under 35 years of age.

 

 

DCO convened its first ministerial meeting, chaired by H.E. Minister of Communications and Information Technology, Abdullah bin Amer Al-Swaha and was attended by ministers of the DCO countries. The meeting also featured ITU Secretary-General His Excellency Mr. Houlin Zhao, president of world economic forum His Excellency Mr Børge Brende, Secretary General of the Cooperation Council for the Arab States of the Gulf His Excellency Dr. Nayef Falah M. Al-Hajraf and Representatives from other UN programs.

During the meeting, an agreement was reached to launch five high impact initiatives. These initiatives aim at establishing a center to highlight the importance of cooperation in relation to flow of data across borders, empowerment of women in the digital labor market, in addition to serving entrepreneurship and small and medium enterprises (SMEs) to grow and achieve a digital future.

It was also agreed on the Kingdom of Saudi Arabia's presidency of the organization until the end of current term, in addition to the appointment of Ms. Deemah Al-Yahya from the Kingdom of Saudi Arabia as Secretary General of the organization.

The meeting discussed ways to promote cooperation in all areas driven by innovation and acceleration of growth of digital economy. They also discussed the organization's governance, organizational structure and future plans.

The DCO established in November 2020 as a partnership to pursue common values and goals in the digital economy, between Saudi Arabia, Kuwait, Bahrain, Pakistan, and Jordan, that will promote shared digital aspirations among member nations for economic diversification and increasing social prosperity through the growth opportunities available across the digital economy, and public sector digital transformation.

Notes to Editors: More information about DCO can be found at: www.DCO.org. Media contact: media@dco.org[1][2]

References

  1. ^ www.DCO.org (www.dco.org)
  2. ^ media@dco.org (www.prnasia.com)

Read more https://www.prnasia.com/story/archive/3338594_AE38594_0

Business Times

The Businesses That Win First After A Crisis

When a crisis dominates headlines, most business owners focus on survival. Cash flow becomes king. Expansion plans are po...

Click and collect changes the economics of Australian shopping ce…

Australia’s major supermarkets are transforming consumer behaviour through home delivery and click and collect services, bu...

Australia’s business paradox: investing for growth while preparin…

Australian businesses are sending mixed signals in 2026. On one hand, investment remains surprisingly resilient. Companies...

The Times Features

Why Australia Was Hoping For Another Interest Rate Cut

When the Reserve Bank considers interest rates, the focus is often on inflation, employment and ec...

$100,000 A Year: Where Does That Put You In Australia?

For many Australians, earning $100,000 a year remains an important financial milestone. It is a s...

The Kennedy Center and the Trump Name: A Battle Over Hi…

The removal of Donald Trump's name from part of Washington's famed Kennedy Center has become far m...

The Times Guide to Sydney's Beaches

Winter may still have a grip on Sydney, but anyone who has lived in Australia's largest city knows...

How Australia's Childcare Crisis Is Taking a Toll …

Australian mums and dads are increasingly anxious, exhausted, and distrustful of Australia’s childca...

The Economics of a Cup of Coffee: Is Your Daily Cappucc…

For many Australians, a morning coffee is no longer a luxury. It is a ritual. A quick stop at the ...

The Recovery Mindset: Why Some Business Owners Prosper …

Every crisis creates two groups of people. The first group focuses on what has been lost. The se...

Two Modern Twists on the Iconic Martini Recipe: Your Gu…

Few cocktails have achieved the cultural status of the martini. A fixture of cocktail culture for ...

Infant Formula: Does Paying More Buy a Better Start for…

A recall of infant formula in the United States has once again put infant feeding products under t...