Latest news with #DigitalCooperationOrganization
Kuwait Times
3 days ago
- Business
- Kuwait Times
Kuwait in talks to chair committee to combat digital misinformation
Digital Cooperation Organization (DCO) council representatives meet in Kuwait KUWAIT: Kuwait is in discussions to lead a multilateral committee to combat digital disinformation, aiming to unify Digital Cooperation Organization (DCO) member states' efforts in countering fake news and safeguarding digital content integrity, Minister of State for Communications Affairs Omar Al-Omar said following a key meeting of the DCO. DCO is a global multilateral body established in 2020 and headquartered in Saudi Arabia. It brings together governments, the private sector, international organizations, NGOs and civil society to enable more inclusive digital transformation and the growth of digital industries. Members include Bahrain, Bangladesh, Cyprus, Djibouti, The Gambia, Ghana, Greece, Jordan, Kuwait, Morocco, Nigeria, Oman, Pakistan, Qatar, Rwanda and Saudi Arabia. Minister of State for Communications Affairs Omar Al-Omar and DCO Secretary-General Deemah Al-Yahya attend a DCO Council meeting chaired by Kuwait. Wednesday's meeting is the first of its kind since Kuwait assumed the rotating presidency of the DCO Council after the fourth General Assembly held in Jordan last February. 'This exceptional meeting represents a milestone in establishing coordinated efforts between member states to overcome digital challenges and promote integrity in digital content,' said Al-Omar. Al-Omar added that the adoption of Kuwait as the host country for the next DCO General Assembly underscores its leadership role in advancing regional and international digital cooperation. DCO Secretary-General Deemah Al-Yahya praised Kuwait's initiative to host the extraordinary meeting, saying it reflects Kuwait's serious commitment to joint digital action and its leadership in strengthening the organization's institutional structure. 'This meeting is a strategic step in advancing our shared digital agenda and expanding the organization's impact in supporting emerging digital economies,' Al-Yahya said. During her visit to Kuwait, Al-Yahya, who is also Member of the Board of Directors of the Saudi Authority for Intellectual Property, and her accompanying delegation met with His Highness Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, Prime Minister of Kuwait, at Bayan Palace. The meeting was attended by Minister Al-Omar, and Head of the Prime Minister's Diwan, Abdulaziz Dakhil Al-Dakhil. — Agencies
Zawya
11-05-2025
- Business
- Zawya
Minister of Finance and Minister of State for Economic Affairs and Investment meets with the Secretary-General of the Digital Cooperation Organization
Opportunities for collaboration on financial transformation and fintech innovation. Building a strong ecosystem for digital investments in Kuwait. Kuwait: Her Excellency, Minister of Finance and Minister of State for Economic Affairs and Investment, Engineer Noora Sulaiman Al-Fassam, chaired a bilateral meeting with Her Excellency Deemah bint Yahya Al-Yahya, Secretary-General of the Digital Cooperation Organization (DCO). Held as part of the Secretary-General's official visit to Kuwait, the meeting focused on exploring opportunities to advance the digital economy and enhance financial inclusion. The session brought together officials from the Ministry of Finance and the Digital Cooperation Organization to discuss the organization's four-year vision for accelerating digital transformation, driving financial innovation, and strengthening strategic cooperation among member states to boost digital startup growth. 'Kuwait and the Digital Cooperation Organization share a unified vision to enhance digital inclusion and build an innovation-driven economy. As a founding member of the organization, Kuwait remains committed to advancing digital transformation in line with its Vision 2035, which prioritizes a digital economy and modernized public services to drive economic diversification and job creation. Today's meeting reaffirms our commitment to positioning Kuwait as a regional hub for digital investments and technological development,' said Her Excellency Al-Fassam. Her Excellency further underscored the importance of sustained cooperation, particularly during Kuwait's presidency of the fifth session of the Digital Cooperation Organization. She emphasized that this strategic partnership would support financial innovation and foster an attractive investment climate for entrepreneurs and digital startups across DCO member countries. The meeting concluded with an agreement to establish dedicated working groups aimed at advancing shared objectives in digital transformation, financial innovation, and startup growth. These working groups will facilitate ongoing collaboration, streamline initiatives, and ensure alignment with the organization's four-year vision, reinforcing Kuwait's commitment to driving progress in the digital economy.
Korea Herald
08-05-2025
- Business
- Korea Herald
Digital Investment Milestone: Pakistan Becomes First to Host DCO's DFDI Forum
ISLAMABAD, May 8, 2025 /PRNewswire/ -- The Digital Cooperation Organization (DCO), in partnership with the Government of Pakistan, today celebrated the successful conclusion of the inaugural Digital Foreign Direct Investment Forum 2025 (DFDI) held in Islamabad. The two-day Forum, hosted 29-30 April 2025, served as a strategic platform, convening 700 delegates spanning Heads of State, ministers, global investors, policy makers and tech leaders from DCO Member States and beyond, as they explored ways to redefine digital investment frameworks and unlock new investment opportunities. A centerpiece of the Forum was the launch of the Digital FDI Pakistan Insight Report, which outlined the pioneering blueprint pursued by Pakistan in its digital development. Building on the Digital FDI Initiative, the report recognizes Pakistan as the first nation to implement the initiative across its four pillars and identified six strategic priority actions to attract sustained digital investment. Commenting on the conclusion of DFDI, Prime Minister of Pakistan Shahbaz Sharif said, "Pakistan is proud to lead the way in digital transformation, and the success of DFDI is a testament to our commitment to fostering a thriving, investment-friendly digitally enabled economy through a multistakeholder approach. With the support of DCO, fellow DCO Member States and partners, we are creating a blueprint for sustainable development that will benefit not only Pakistan and our digital ecosystem, but all nations undergoing a digital transformation". At DFDI, Prime Minister Sharif also recognized the leadership of Secretary-General Deemah AlYahya and the DCO for their role in advancing Pakistan's digital foreign investment ecosystem, which has already attracted over $700 million in digital economy inflows. The event saw participation from more than 45 countries, with over 40 international companies and startups showcasing their products. Around 35 ministers and official delegations from various countries attended, along with over 30 global speakers and more than 50 CEOs from leading IT firms. "On behalf of the Digital Cooperation Organization, I wish to express our deep appreciation to the Government of Pakistan and Prime Minister Shehbaz Sharif for their stellar efforts in enabling the success of the first DFDI," said Deemah AlYahya. "This forum has demonstrated the transformative power of investment in bridging digital divides and accelerating sustainable growth," she added, The DCO remains committed to building a global investment environment where all nations can harness digital innovation to drive inclusive and sustainable growth. Pakistan is one of five founding members of the DCO, which was established in November 2020 on the sidelines of the G20 in Riyadh. With its 2026 presidency on the horizon, the country is strategically positioning itself as a leader in the digital economy, poised to drive global conversations, partnerships, and innovations that will shape the future of digital investment. About the Digital Cooperation Organization (DCO) The Digital Cooperation Organization is the world's first standalone international intergovernmental organization focusing on the acceleration of the growth of an inclusive and sustainable digital economy. It is a global multilateral organization founded in November 2020 that aims to enable digital prosperity for all. The DCO brings together the Ministries of Communications and Information Technology of its Member States, and is focused on empowering youth, women, and entrepreneurs, leveraging the accelerative power of the digital economy, and leapfrogging with innovation to drive economic growth and increase social prosperity. The Digital Cooperation Organization (DCO) brings together ministries of communications and information technology in 16 countries: the Kingdom of Bahrain, the People's Republic of Bangladesh, the Republic of Cyprus, the Republic of Djibouti, the Republic of The Gambia, the Republic of Ghana, the Hellenic Republic (Greece), the Hashemite Kingdom of Jordan, the State of Kuwait, the Kingdom of Morocco, the Federal Republic of Nigeria, the Sultanate of Oman, the Islamic Republic of Pakistan, the State of Qatar, the Republic of Rwanda, and the Kingdom of Saudi Arabia - collectively representing nearly $3.5 trillion in GDP and a market of nearly 800 million people, more than 70% of whom are under the age of 35. Through cooperation and strategic dialogue, we drive the facilitation of mutually advantageous cross-border legislation. The DCO seeks to establish within its Member States the optimal infrastructure and policies for the rapid creation of inclusive and equitable digital economies within which all people, businesses, and societies can innovate and thrive. The DCO's vision is to work towards a world in which every nation, business, and person has a fair opportunity to prosper in the digital economy. In pursuit of the Member States' common interests, the DCO works collaboratively with governments, the private sector, international organizations, NGOs, and civil society to enable more inclusive digital transformation and the growth of the digital economy. The DCO's key initiatives include programs to enhance cross-border data flows, promote market expansion for SMEs, empower digital entrepreneurs, and advance digital inclusion among women, and the youth, and other underrepresented populations.
Cision Canada
08-05-2025
- Business
- Cision Canada
Digital Investment Milestone: Pakistan Becomes First to Host DCO's DFDI Forum
The Digital Cooperation Organization (DCO) and the Government of Pakistan successfully conclude inaugural Digital Foreign Direct Investment Forum 2025, convening 700 global leaders. Pakistan launches the first national implementation of the DCO Digital FDI Initiative, with $700M in digital investment to date. Prime Minister Shahbaz Sharif a nd DCO Secretary-General Deemah AlYahya affirm multistakeholder leadership in driving digital transformation, with Pakistan Prime Minister personally recognizing DCO Secretary-General for advancing Pakistan's Digital FDI ecosystem. ISLAMABAD, May 8, 2025 /CNW/ -- The Digital Cooperation Organization (DCO), in partnership with the Government of Pakistan, today celebrated the successful conclusion of the inaugural Digital Foreign Direct Investment Forum 2025 (DFDI) held in Islamabad. The two-day Forum, hosted 29-30 April 2025, served as a strategic platform, convening 700 delegates spanning Heads of State, ministers, global investors, policy makers and tech leaders from DCO Member States and beyond, as they explored ways to redefine digital investment frameworks and unlock new investment opportunities. A centerpiece of the Forum was the launch of the Digital FDI Pakistan Insight Report, which outlined the pioneering blueprint pursued by Pakistan in its digital development. Building on the Digital FDI Initiative, the report recognizes Pakistan as the first nation to implement the initiative across its four pillars and identified six strategic priority actions to attract sustained digital investment. Commenting on the conclusion of DFDI, Prime Minister of Pakistan Shahbaz Sharif said, "Pakistan is proud to lead the way in digital transformation, and the success of DFDI is a testament to our commitment to fostering a thriving, investment-friendly digitally enabled economy through a multistakeholder approach. With the support of DCO, fellow DCO Member States and partners, we are creating a blueprint for sustainable development that will benefit not only Pakistan and our digital ecosystem, but all nations undergoing a digital transformation". At DFDI, Prime Minister Sharif also recognized the leadership of Secretary-General Deemah AlYahya and the DCO for their role in advancing Pakistan's digital foreign investment ecosystem, which has already attracted over $700 million in digital economy inflows. The event saw participation from more than 45 countries, with over 40 international companies and startups showcasing their products. Around 35 ministers and official delegations from various countries attended, along with over 30 global speakers and more than 50 CEOs from leading IT firms. "On behalf of the Digital Cooperation Organization, I wish to express our deep appreciation to the Government of Pakistan and Prime Minister Shehbaz Sharif for their stellar efforts in enabling the success of the first DFDI," said Deemah AlYahya. "This forum has demonstrated the transformative power of investment in bridging digital divides and accelerating sustainable growth," she added, The DCO remains committed to building a global investment environment where all nations can harness digital innovation to drive inclusive and sustainable growth. Pakistan is one of five founding members of the DCO, which was established in November 2020 on the sidelines of the G20 in Riyadh. With its 2026 presidency on the horizon, the country is strategically positioning itself as a leader in the digital economy, poised to drive global conversations, partnerships, and innovations that will shape the future of digital investment. About the Digital Cooperation Organization (DCO) The Digital Cooperation Organization is the world's first standalone international intergovernmental organization focusing on the acceleration of the growth of an inclusive and sustainable digital economy. It is a global multilateral organization founded in November 2020 that aims to enable digital prosperity for all. The DCO brings together the Ministries of Communications and Information Technology of its Member States, and is focused on empowering youth, women, and entrepreneurs, leveraging the accelerative power of the digital economy, and leapfrogging with innovation to drive economic growth and increase social prosperity. The Digital Cooperation Organization (DCO) brings together ministries of communications and information technology in 16 countries: the Kingdom of Bahrain, the People's Republic of Bangladesh, the Republic of Cyprus, the Republic of Djibouti, the Republic of The Gambia, the Republic of Ghana, the Hellenic Republic (Greece), the Hashemite Kingdom of Jordan, the State of Kuwait, the Kingdom of Morocco, the Federal Republic of Nigeria, the Sultanate of Oman, the Islamic Republic of Pakistan, the State of Qatar, the Republic of Rwanda, and the Kingdom of Saudi Arabia - collectively representing nearly $3.5 trillion in GDP and a market of nearly 800 million people, more than 70% of whom are under the age of 35. Through cooperation and strategic dialogue, we drive the facilitation of mutually advantageous cross-border legislation. The DCO seeks to establish within its Member States the optimal infrastructure and policies for the rapid creation of inclusive and equitable digital economies within which all people, businesses, and societies can innovate and thrive. The DCO's vision is to work towards a world in which every nation, business, and person has a fair opportunity to prosper in the digital economy. In pursuit of the Member States' common interests, the DCO works collaboratively with governments, the private sector, international organizations, NGOs, and civil society to enable more inclusive digital transformation and the growth of the digital economy. The DCO's key initiatives include programs to enhance cross-border data flows, promote market expansion for SMEs, empower digital entrepreneurs, and advance digital inclusion among women, and the youth, and other underrepresented populations.
Arab News
30-04-2025
- Politics
- Arab News
Saudi deputy foreign minister receives Russia's envoy in Riyadh
Saudi Arabia's Deputy Minister for Political Affairs Saud Al-Sati received Russian Ambassador Sergey Kozlov in Riyadh on Wednesday. The pair discussed relations between their countries and other topics of common interest, the Foreign Ministry wrote on X. Also on Wednesday, Saudi Ambassador to Pakistan Nawaf bin Said Al-Malki met Digital Cooperation Organization Secretary-General Deemah Al-Yahya in Islamabad, the diplomat wrote on X. They discussed the importance of digital transformation and other topics of interest.
