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Monday, November 25, 2024

Why some Indian tech ventures are building a base in Dubai - Times of India

Last updated Wednesday, December 8, 2021 05:28 ET

Ammar Al Malik, MD of Dubai Internet City and Dubai Outsource City, recalls that not very long ago, tech companies would build their products in San Francisco or Bengaluru and have their sales office in Dubai to sell to Europe, Africa and the Middle east. "But in the last few years, Dubai has emerged as the destination for tech professionals and entrepreneurs to establish firms and develop cutting-edge technology for the world," he says.
Dubai is trying to accelerate into the future. WiFi is everywhere. Earlier you would meet tourists and artists from around the world, now you bump into techies and venture capitalists (VCs). Online team meetings are the norm. Sprawling tech campuses are buzzing. Words like AI (artificial intelligence) and ML (machine learning) are part of the official lexicon. The rulers are seen as among the biggest patrons of tech ideas, regularly tweeting their support for small tech enterprises and startups.



Read Full Story: https://timesofindia.indiatimes.com/india/why-some-indian-tech-ventures-are-building-a-base-in-dubai/articleshow/88161295.cms

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