You said "Cisco estimates that Dubai’s digitization initiatives could generate a potential AED 17.9 billion (USD 4.87 billion) in value by 2019."

It's a continuation of what appears to be a regional trend of economic diversification. On 25 April 2016 Saudi Arabia unveiled an ambitious plan called Saudi Vision 2030 to transform its economy and diversify the country’s sources of income away from its current dependence on oil. In addition to this, the National Transformation Program 2020 was approved in June 2016 by the Saudi Cabinet as the interim medium for realizing the goals laid down in Saudi Vision 2030. Exciting times, indeed, for Digital Growth agendas in the region.