DUBAI, 4th September, 2019 (WAM) — The Dubai Investment Development Corporation, one of Dubai’s economic institutions, has welcomed the announcement by Amazon Web Services (AWS) of its plans to open data centers in the United Arab Emirates during the first half of 2022, when the Amazon Web area will consist of Services” in the Middle East (UAE) from three data center centers.
The announcement comes as a continuation of the momentum witnessed by the cloud technology sector in the Middle East by enabling customers to use applications and store data locally, as this step contributes to giving organizations the ability to benefit from advanced cloud services and technologies to support innovation, including computing, storage, networking, databases and analytics capabilities. Artificial Intelligence, Machine Learning, Internet of Things, Mobile Services, and more. The move is supported by the UAE’s focus on encouraging technical innovation, making it a prestigious global hub for entrepreneurs, e-governments and international companies.
In this regard, Fahad Al Gergawi, CEO of Dubai Investment Development Corporation, said: “Our strategic location facilitates digital communication around the world in terms of speed, security and infrastructure readiness. Amazon Web Services’ plans to expand in the UAE are testament to our positive growth environment and our ability to attract investments. The Dubai Investment Development Corporation has supported Amazon Web Services since its first investment in its office in the Middle East and North Africa, which it opened in Dubai in December 2016. The opening of new data centers in the UAE next year is a continuation of this relationship and the beginning of a new phase in a journey of excellence, which previously witnessed the opening of two direct communication sites / Amazon Web Services Direct Connect / and two sites for Cloud Front services in the UAE.”
He added: “The digital transformation system, which is sponsored and supported by our wise leadership, provides an effective platform for continuing and accelerating economic growth through innovation, which has made Dubai and the UAE an important destination for entrepreneurs, governments and companies alike.” “We look forward to launching the AWS cloud infrastructure in the UAE in the first half of next year, for organizations to benefit from,” said Vinod Krishnan, Director, MENA, AWS, and a member of the Dubai Chamber of Digital Economy Advisory Board. All sizes at the local and regional levels.The upcoming data centers constitute a new addition to Amazon Web Services investments in the UAE, and support the country’s efforts to enhance its position as a thriving global center for technological innovation.We seek to enhance our cooperation with the Dubai Investment Development Corporation to enable start-ups, institutions and government agencies to Take advantage of the full potential of AWS cloud technology.
The expansion of “Amazon Web Services” to its cloud infrastructure in the UAE confirms the distinguished position of the country, which is the first choice for investors wishing to invest in the region and expand all over the world with a direct regional market that represents one third of the world’s consumers. A world-renowned trade and investment firm.
It is worth noting that the recent amendments to the Federal Commercial Companies Law, which gives existing and new investors the possibility of full ownership of their companies in more than 1,000 business activities as of June 1, 2021, adds more attractions that attract global investors to the UAE and Dubai in particular.
Al Gergawi said: “We are committed in Dubai to support new investors by ensuring that we provide advice and consultation and ensure smooth procedures during the stages of establishing companies, while providing specialized support and continuous follow-up to the subsequent stages.” Dubai has also rapidly developed a future-ready infrastructure to serve as a gateway to a huge market of 2.4 billion consumers residing in the Middle East, Africa, the Indian subcontinent and the Commonwealth of Independent States. At the same time, Dubai harnesses many of its strategic advantages to achieve distinction, as the city is home to the third largest airport in the world for the number of passengers and the ninth largest container port in the world, in addition to one of the largest and best international airlines thanks to its connection to more than 150 destinations, and its possession of a superior network Evolution of transmission and distribution.
He noted that Dubai’s future vision and its readiness for the future made it one of the most important economic growth centers in the world, where talents and wealth are nurtured and encouraged.
As one of the most business-friendly economies in the world, and one of the world’s top three investment cities of choice for foreign capital, according to the Financial Times / FDI Markets, Dubai in particular and the UAE lead the MENA region in the ease of doing business report issued by The World Bank for the year 2020.