Digital Cooperation Organization Concludes Fourth General Assembly with Multiple Agreements
DCO signs several memorandums of understanding and transitions leadership to Kuwait for 2025.
The Digital Cooperation Organization (DCO) concluded its fourth General Assembly in Amman, Jordan, on Wednesday, finalizing several memorandums of understanding (MoUs) aimed at enhancing digital collaboration among member states.
The agreements were established between the DCO and entities including the Prince Mohammed bin Salman Foundation, Hewlett-Packard, the Agency for Economic Cooperation and Development, the Sultanate of Oman, and 500 Global.
Additionally, a statement of intent was signed with the United Nations Office for South-South Cooperation.
During the assembly, the DCO's 2024 presidency, held by Jordan, was recognized for its efforts in promoting an inclusive digital economy.
Sami Smeirat, Jordan's Minister of Digital Economy and Entrepreneurship and Chairman of the DCO Council, highlighted initiatives launched under Jordan's leadership, emphasizing the empowerment of youth and women in the technology sector.
The presidency was officially handed over to Kuwait for the 2025 term, with Jordan committing to remain an active partner in achieving the organization's objectives.
Deemah Al-Yahya, Secretary-General of the DCO, reflected on the organization's progress over the past four years and outlined future goals to drive digital economic growth.
The event featured panels and discussions with global experts, focusing on strengthening digital cooperation, accelerating digital economy growth, supporting technological innovation, and exploring solutions to challenges hindering inclusive and sustainable growth in the digital realm.
Established in November 2020, the DCO is a global multilateral organization dedicated to accelerating the inclusive growth of the digital economy.
Its membership has expanded to 16 countries, including Saudi Arabia, Jordan, Pakistan, Bahrain, Bangladesh, Oman, and others, collectively representing nearly 3.5 trillion dollars in GDP and a market of approximately 800 million people, over 70 percent of whom are under the age of 35. The organization also collaborates with 39 observer and partner entities to promote digital prosperity for all.