Dubai Internet City is the largest community for information and communication technology in the Middle East and North Africa, located in the heart of the Emirate of Dubai near Knowledge Village and Dubai Media City , specifically along Jumeirah Street overlooking the waters of the Arabian Gulf, which connects to many entertainment destinations such as The Beach In addition to complexes and residential areas such as Dubai Marina and JBR. In this article, we will talk about the most important information related to this city, which contributed to the strengthening of Dubai's economy worldwide.
ABOUT DUBAI INTERNET CITY
Internet City was established in Dubai by order of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai “may God protect him” in 1999. It is a distinguished free economic zone and serves as a strategic base for major international and local companies. It aims to promote the spirit of innovation and creativity in the United Arab Emirates.
THE IMPORTANCE OF THE CITY
Dubai Internet City provides a creative environment for companies operating in it, which includes many offices throughout, and helps in achieving economic development and technological and social development, and provides telecommunications services to most economic sectors in Dubai, including transportation, retail, hospitality, construction, industry, mining and others.
EVOLUTION OF DUBAI INTERNET CITY
Since its establishment in 1999, Dubai Internet City has witnessed continuous remarkable development year after year, as the number of companies that join it and open offices in its premises has increased annually. And others in the Middle East and the world, so establishing a company in Dubai Internet City is one of the smart strategic options for investors from around the world.
MAJOR SECTORS AND GLOBAL COMPANIES
Dubai Internet City attracts international companies with the aim of enhancing the economic sector by increasing the number of companies that it includes. At the present time, after the resounding success it has achieved, it has become a major contributor to facilitating the entry of companies that adopt new business models and operate in the emirate, such as modern transportation solutions, Drones, 3D printing, computer technologies, e-commerce, smart robots, artificial intelligence, information security, and many more fields that benefit our daily lives.
DUBAI INTERNET CITY COMPANIES
Dubai Internet City has more than 1,600 companies and more than 24,000 employees. Most of the companies work in the field of software, computer hardware, telecommunications, Internet and information technology services, the most important of which are:
- oracle
- Master Card
- Canon
- Del
- Hewlett-Packard
- Microsoft
In addition to other companies, such as IBM, Samsung, Accenture, Kaspersky, BlackBerry, Huawei, Google, Souq.com, and Careem.
FEATURES OF DUBAI INTERNET CITY
Dubai Internet City aims to provide growth and expansion opportunities for major business partners, by sponsoring all different economic and commercial activities, in addition to encouraging cooperation with partners and nurturing senior thinkers in the information technology sector.
As for licensing companies, it is a free zone that is not subject to customs laws imposed on state borders, and it is affiliated with the “Axis” program, which allows partners and companies operating in the city to complete all government procedures via the Internet, starting with licenses and residencies, all the way to other government procedures, This allows them to focus on their work and save them time and effort.
In addition, Dubai Internet City includes the “N5” platform, which provides material and moral support to companies through prices, enabling them to save about 80% of expenses compared to other business centers in the emirate.
AWARDS WON BY THE CITY
Dubai Internet City has won several awards globally, the most important of which is its obtaining the distinctive brand in the United Arab Emirates in 2007, in addition to obtaining in 2008 the best free zone for advanced technology, according to what was mentioned in the Foreign Direct Investment magazine. 2009, it was awarded the Distinguished Brand from the United Arab Emirates, along with the Dubai Police Partner Award. In 2010, the city was ranked fourth in the Best Incentives category globally and in the Middle East by FDI magazine, and in 2011 it was one of the most important global free zones of the future.
FUTURE PROJECTS OF DUBAI INTERNET CITY
Dubai Internet City's strategy focuses on the technical and technological transformation that the emirate, the country and the world are currently witnessing, such as digital transformation to artificial intelligence, 3D printing, the virtual world, electronic security, e-commerce, and many other technological transformations around which the future of Dubai revolves.
In addition, work has been done to establish an innovation project, which is located in the heart of Dubai Internet City, Dubai Media City and Knowledge Park. In the past years, Sheikh Mohammed bin Rashid Al Maktoum announced a package of projects worth 5.4 billion dirhams to promote innovation, which includes infrastructure development And innovation complexes on an area of 10 million square feet, financial funds to support innovators, incubators for creative and talented people, and other projects that support Dubai's economy and make it one of the best economic cities in the world.
This was our topic about Dubai Internet City and everything related to it. Those interested in working in the city are kindly requested to see the cost of renting offices in Dubai Internet City and the most prominent international companies in Dubai Internet City . Also read articles like top recruitment companies in Dubai and more on various topics on MyBayut , the first Arabic-language real estate blog in the UAE. For any inquiries or suggestions, please contact us through the comments space at the bottom of the page.
