In a strategic meeting at the Dubai International Financial Centre (DIFC), His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE, engaged in discussions with Ruth Porat, President and Chief Investment Officer of Alphabet and Google.
The rendezvous emphasized Dubai’s forward-looking vision, driven by technological innovation, and its unwavering commitment to fostering transformative growth across industries.
Highlighting Dubai’s ambition to become a global hub for future industries, Sheikh Maktoum underlined the city’s rapid evolution into a future-ready metropolis. As a prominent player in embracing innovation, Dubai aims to unite global and regional industry leaders, startups, innovators, venture capitalists, and experts to capitalize on the vast opportunities presented by the ever-evolving technology landscape.
Dubai’s commitment to digital transformation is evident in the Dubai Economic Agenda D33, with a targeted annual economic value of AED 100 billion through digital initiatives in the next decade. Sheikh Maktoum stressed the significance of partnerships with leading technology entities like Google to fortify Dubai’s technology ecosystem, fostering growth, efficiency, and innovation.
Artificial Intelligence (AI) plays a pivotal role in Dubai’s economic agenda, with the integration of future-oriented technologies as a central focus. Collaborations with global tech giants are integral to achieving Dubai’s vision of propelling the industry forward.
Sheikh Maktoum acknowledged that Dubai’s dynamic environment has not only accelerated the growth of established tech giants but has also provided a conducive platform for startups to achieve global success. The meeting, attended by key dignitaries including Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini and Minister of State for Artificial Intelligence Omar Sultan Al Olama, showcased the strategic importance of fostering technology partnerships.
Google, with its regional headquarters in Dubai since 2008, manages operations across the Middle East and North Africa (MENA). As part of Alphabet, Google’s parent company, the tech giant reported global revenues of $282.8 billion in 2022.
This high-profile collaboration underscores Dubai’s commitment to positioning itself as a global technology hub and leveraging partnerships with industry leaders to drive innovation and economic growth.
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