Dubai has become the Silicon Valley of the Middle East.
That's according to His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
He made the comments during a meeting with the founder of a Dubai-based ad-tech company that was sold for AED 3.3 billion.
Divyank Turakhia successfully sold Media.net to a Chinese consortium in 2016.
The company was founded in Dubai Internet City.
Ahmed bin Saeed: DXB on track to surpass 90 million passengers in 2024
Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, has expected passenger traffic at Dubai International Airport to exceed 90 million by the end of this year.
Apple unveils AI-focused chip in upgraded iPad Pro
Apple on Tuesday introduced a new chip called the M4 that it said would outclass personal computers designed for artificial intelligence - but put the new chip in an iPad Pro model rather than a laptop.
Jumeirah unveils new brand identity
Jumeirah has unveiled a new brand identity as part of its growth strategy to double the size of its portfolio by 2030.
Tourism to make up 12% of UAE GDP in 2024
The UAE's tourism industry is projected to account for 12 per cent of the country's Gross Domestic Product (GDP) this year, while employment in the sector will increase to 833,000 from 809,000 in 2023.
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