[ad_1]
The Dubai Investment and Development Agency (Dubai FDI), the investment promotion agency of the Dubai Economy, welcomes Amazon Web Services (AWS)’s announcement of plans to open a data center in the United Arab Emirates (UAE) in the first half of 2022. The new AWS Middle East (UAE) region will be operated by Consisting of three availability zones, it becomes AWS’s second region in the Middle East.
The announcement builds on the momentum of cloud adoption in the Middle East, enabling customers to run applications and store data locally. This will enable organizations to use advanced cloud services and technologies to drive innovation, including computing, storage, networking, databases, analytics, machine learning, Internet of Things (IoT), mobile services, etc. This development has attracted the UAE’s emphasis on promoting technological innovation, which has made it a prestigious global hub for entrepreneurs, e-government and multinational corporations.
Fahad Al Gergawi, CEO of Dubai FDI, said: “Our strategic location facilitates digital communications around the world in terms of speed, security and infrastructure readiness. AWS’ expansion in the UAE is a testament to our positive growth environment and attracting strategic investment. , And as part of many years of fruitful and continuous cooperation. Since AWS opened its Middle East and North Africa (MENA) office in Dubai in December 2016, Dubai FDI has been supporting AWS. Next year, the opening of the AWS data center will be established here Based on this relationship, it has opened a new phase of the journey and has opened two AWS Direct Connect locations and two Amazon CloudFront edge locations in the UAE.”
He added: “The digital transformation ecosystem guided and supported by our wise leadership provides an effective platform for sustained and accelerated economic growth through innovation. This makes Dubai and the UAE an important destination for entrepreneurs, governments and companies. .”
Vinod Krishnan, head of AWS Middle East and North Africa and member of the advisory board of the Dubai Chamber of Digital Economy, said: “We are very pleased to launch AWS cloud infrastructure in the UAE in the first half of next year, which will benefit organizations of all sizes in the UAE and the entire region. The project is based on AWS’s continuous investment in the country and our support for its focus on building a thriving global technology innovation center. We look forward to advancing the cooperation with Dubai FDI so that startups, enterprises and government agencies can give full play to The potential of the AWS Cloud.”
AWS’s establishment of its cloud infrastructure in the UAE confirms the country’s outstanding position as the first choice for investors who wish to invest in the region and expand globally. The direct regional market represents one-third of consumers worldwide. Dubai has established its status as the city of the future, an effective gateway to emerging markets in the region, and a well-known global trade and investment center.
The recently implemented Federal Business Company Law update grants existing and new investors full ownership of their businesses in more than 1,000 business activities from June 1, 2021, which increases the attraction of Dubai and the UAE to global investors force.
Al Gergawi said: “At Dubai FDI, we are committed to supporting new investors by providing relevant information and advice and ensuring a smooth and seamless setup process. At the same time, we provide dedicated post-installation support and follow-up.”
Dubai has rapidly developed a future-oriented infrastructure that connects companies to the vast market of 2.4 billion consumers in the Middle East, Africa, the Indian subcontinent and the Commonwealth of Independent States (CIS). The city uses a number of strategic advantages to provide excellent services, such as the world’s ninth largest container port, one of the world’s largest airlines connecting more than 150 destinations, and an ultra-modern transportation and distribution network. Al Gergawi pointed out that Dubai’s future vision and preparations have positioned it as one of the most important economic nodes in the world, where wealth and talents can be cultivated.
According to the Financial Times’ fDi Markets report, as one of the most business-friendly economies and one of the top three investment destinations for global capital, Dubai and the UAE lead the Middle East and North Africa in the World Bank’s 2020 ease of doing business rankings.
According to data from the Dubai FDI Monitor, Dubai has recorded abnormal foreign direct investment (FDI) inflows in 2020, with 455 projects established in the city worth AED 24.7 billion. In 2020, inbound foreign direct investment is estimated to create 18,325 new jobs. According to data from the world’s leading source fDi Markets, this performance makes Dubai one of the world’s largest foreign direct investment locations in 2020, ranking first in the Middle East and North Africa, and fourth in attracting greenfield foreign direct investment capital. Greenfield FDI data. FDI flows in the UAE have increased by 44% in 2020, reaching AED 73 billion. This performance is achieved when the country plans to double its economy to 3 trillion dirhams in the next 10 years.
[ad_2]
Source link