Software business to touch $941m by the end of 2008

ABU DHABI — According to a research study, the UAE's ICT industry which is rapidly expanding due to anti-piracy initiatives, may have a sales turnover of $941 million by the end of 2008.



By A Staff Reporter

Published: Tue 24 Apr 2007, 9:07 AM

Last updated: Sat 4 Apr 2015, 9:17 PM

However, studies also reveal that the Middle East's software industry as a whole is still developing tremendously, according to a Press release issued by the Business Software Alliance (BSA), the international association involved in anti-piracy activities.

The BSA has lauded the Ministry of Economy and the government for its efforts in promoting anti-piracy initiatives.

The Ministry of Economy (MoE) has offered its full support to curb illegal software distribution by upholding anti-piracy legislation directed at increasing private sector investment, technology transfer and economic growth for the region.

Engr. Mohammed Ahmed bin Abdulaziz, Under Secretary Ministry of Economy-Planning Sector said:" The Ministry of Economy is strengthening its efforts to fight the piracy menace, as our highly diversified economy is based on healthy and transparent industries and sectors.


More news from Business