25 years of Dubai Internet City, the leading technology hub in the region. It was opened on October 29, 1999, by His Highness Sheikh Mohammed bin Rashid Al Maktoum. This year, the number of clients grew by more than 17.5%, exceeding 4,000 companies, and the number of specialists increased to more than 31,000 people. Over the past two years, 1.9 billion dirhams has been invested for the changing needs of global tech giants.
"Dubai Internet City serves as a launchpad for generations of technological innovators and the epicenter of the regional digital economy since 1999," said Ammar Al Malik, Executive Vice President of TECOM Group and Managing Director of Dubai Internet City. "Our community helps strengthen Dubai's position as a preferred global destination for technology, innovation, and companies with artificial intelligence."
"Dubai Internet City is the address of the region for companies at the forefront of innovation in fields such as fintech and blockchain, and Fortune 500 leaders in the software industry, such as Oracle and SAP, as well as hardware providers like Dell and HP," he emphasized in the press release.
The incubator Tabby, recognized as the first in the fintech sector in MENA, was also nurtured in Dubai Internet City, promoting the area to support and promote innovative startups and ventures on a global scale.
To continue the growth of the digital economy, Dubai Internet City encourages collaboration among global tech giants to ensure its ongoing development. The second phase is fully leased ahead of completion in 2025.
This is one of the 10 key business districts of TECOM Group, which includes Dubai Media City, Dubai Studio City, Dubai Production City, and other areas. Recently, Salesforce expanded its presence in the UAE, opening an office in Dubai Internet City, proactively contributing to the growing digital economy of the region.
