Siemens has signed a 10-year lease agreement to set up operations in Expo 2020 Dubai's District 2020.
The German company has been looking at ways to enhance its presence in the emirate's market.
Around 1,000 company employees are expected to work from the two buildings allocated for Siemens in District 2020.
Once the six-month-long event comes to an end, the area will be turned into residential, commercial and cultural neighbourhoods.
UAE looks to deepen Panama ties as trade jumps nearly 50%
The UAE is looking to strengthen trade and investment ties with Panama after non-oil trade between the two countries rose by almost 50 per cent last year.
Al Tayer calls for global action on critical minerals to power clean energy transition
Saeed Mohammed Al Tayer, Chairman of the World Green Economy Organisation (WGEO), has called for stronger international cooperation and investment in critical minerals, describing them as essential to achieving global climate goals and accelerating the transition to clean energy.
UAE, US strengthen economic and financial partnership during Washington talks
The UAE and the United States have reaffirmed their commitment to expanding economic cooperation during a series of high-level meetings in Washington, D.C., led by UAE Minister of State Saeed Al Hajeri.
RTA signs AI partnerships with Chinese firms to boost future transport projects
Dubai's Roads and Transport Authority (RTA) has signed two strategic agreements with Chinese technology giants Huawei and CASCO SIGNAL to accelerate the use of artificial intelligence, smart transport systems and digital infrastructure across the emirate's future mobility projects.
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