Dubai's Premier Tech Hub Highlighting Skill and Technological Evolution That's Paving the Way for Technology's Future at Its First GITEX Asia Event
Dubai Internet City (DIC), a key player in Dubai's digital transformation, will grace the first edition of GITEX Asia with its presence, showcasing the vibrant innovation and growth of Dubai's digital economy. As part of TECOM Group PJSC, DIC has been instrumental in enabling globally impactful innovation for 25 years and has supported over 1,000 start-ups across the tech, media, design, and science sectors since its inception in 2013.
Located at the Dubai stand, HB-C80, in Hall B of Marina Bay Sands, DIC's district offers a dynamic ecosystem that includes 4,000 customers, ranging from multinational giants and Fortune 500s to budding start-ups. The district's offering is further strengthened by 19 Innovation and research and development (R&D) Centres operated by global leaders such as 3M, IBM, HP, Ericsson, and Cisco.
DIC plays a pivotal role in Dubai's digital economy by fostering a dynamic ecosystem for technology companies, start-ups, and digital innovation. This ecosystem contributes significantly to expanding Dubai's digital economy, which is a strategic priority of Dubai Chambers and the government. The UAE’s IT and technology services market is growing steadily, with digital industries projected to add billions in revenue in the coming years. Dubai Internet City is instrumental in this growth by hosting a concentration of tech firms that leverage cloud, AI, fintech, and e-commerce, all of which contribute to Dubai’s GDP expansion.
As of today, Dubai Internet City generates 65% of Dubai's technology sector GDP, and over the past 15 years, it has added AED 100 billion to Dubai's GDP. The district has also facilitated the creation of over 125,000 jobs since its inception in 1999, creating opportunities in various technology-driven sectors, from software development to digital marketing and AI research.
Dubai Internet City aligns with the UAE’s broader initiatives such as the UAE National Strategy for Artificial Intelligence 2031, which targets AI to contribute up to 14% of the national GDP by 2030. Technology hubs like DIC serve as crucial platforms for innovation and international investment in AI, smart city tech, and digital infrastructure. By doing so, DIC supports Dubai's ambitions to become a leading global hub for advanced technologies and the digital economy, which directly impacts Dubai's GDP and employment growth.
In summary, Dubai Internet City serves as a cornerstone for Dubai’s digital transformation, enhancing the emirate’s economic diversification away from oil dependence by boosting the digital economy’s share in GDP and creating high-quality employment opportunities in technology-driven industries. At GITEX Asia, DIC will join a delegation led by Dubai's Department of Economy and Tourism, further highlighting Dubai's commitment to digital innovation and growth.
[1] Dubai Internet City: https://www.dubaiinternetcity.ae/ [2] Dubai's Digital Economy Strategy: https://www.dubai.ae/en/about-us/dubai-strategy/digital-economy-strategy [3] UAE National Strategy for Artificial Intelligence 2031: https://www.uaeai.ae/en/about-us/uae-national-strategy-ai-2031
- Dubai Internet City, a significant player in Dubai's digital transformation, will be present at the inaugural GITEX Asia, demonstrating the vibrant innovation and growth of Dubai's digital economy.
- As part of TECOM Group PJSC, Dubai Internet City has enabled globally impactful innovation for 25 years and supported over 1,000 start-ups across various sectors since its inception in 2013.
- Located at the Dubai stand, HB-C80, in Hall B of Marina Bay Sands, Dubai Internet City's district offers a dynamic ecosystem that includes 4,000 customers, ranging from multinational giants to budding start-ups.
- Global leaders such as 3M, IBM, HP, Ericsson, and Cisco operate 19 Innovation and research and development (R&D) Centres within the district, strengthening its offering.
- Dubai Internet City plays a pivotal role in Dubai's digital economy, fostering a dynamic ecosystem for technology companies, start-ups, and digital innovation that significantly contributes to expanding Dubai's digital economy.
- Dubai Internet City is instrumental in the growth of the UAE’s IT and technology services market, which is projected to add billions in revenue in the coming years, and hosts a concentration of tech firms that utilize cloud, AI, fintech, and e-commerce.
- Aligning with the UAE’s broader initiatives like the UAE National Strategy for Artificial Intelligence 2031, Dubai Internet City supports Dubai’s ambitions to become a leading global hub for advanced technologies and the digital economy, impacting Dubai’s GDP and employment growth.
