Rising competitive advantages consolidate Dubai’s position as a global favorite destination

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The Emirate of Dubai, after more than 20 years of establishing one of the largest specialized technical groups in the Middle East, represented by “Dubai Internet City”, continues to attract large international companies working in this field, to similar to the rest. economic sectors in which it has demonstrated qualitative superiority by supporting competitive advantages that are firmly established.In general, the Emirates position as a global preferred destination for large companies and foreign direct investment, which found Dubai the most partner good at a march titled pursuing the achievement of the highest levels of success, in different circumstances and despite the speed of the global changes around, thanks to a rational working approach that depends on consolidating the foundations of the knowledge economy with a planning based on meeting current needs and anticipating elements of future leadership.

The influx of large international companies in Dubai is due to its success in confirming its position as the first choice for investors and companies thanks to strong legal frameworks, and laws and regulations based on it that are characterized by the highest levels of transparency and designed to safeguard the rights of institutions and individuals at the same time, which also supports its supportive regulatory environment for business, which tends to pursue the highest standards of good corporate governance and institutions, as well as the partnership approach that Dubai pursues in dealing with various private sector institutions, whether domestic or foreign, with the belief that the successes of its partners contribute to the success of the macroeconomic system of the Emirates.

Cloudflare Corporation (Cloudflare) Dubai Internet City, which is one of the largest global companies specializing in the field of security technologies, performance and reliability for the Internet, announced last Tuesday the opening of its first regional headquarters in Dubai Internet City, the first for to in the Middle East. , to improve its growing business in Europe, the Middle East and Africa, and the main point of a team The company is for the Middle East and Turkey, and is a model for large international companies that have found Dubai the perfect choice as a vital focal point for managing and expanding their business in a vital area rich in growth opportunities, given the demographics of young people who are interested in online content and on a large scale..

and itself Cloudflare Data centers in more than 270 cities in more than 100 countries around the world, to serve a valued customer base of millions, to be one of the largest international companies specializing in this field, the services of which cover a wide and diverse range of clients from Internet Service Providers, cloud computing and institutions in different parts of the world. World, and for the Middle East and Turkey, the company plans include launching new data centers, growing market share by building partnerships, expanding the customer base and enabling the local team to better serve customers his..

Value added

Ammar Al Malik, CEO of Dubai Internet City, believes the merger of the company Cloudfalre For the city family, it represents a new added value for its growing community, especially with the nature of the services through which it contributes to building a better internet characterized by reliability, sustainability and availability for all. Cloudflare For Dubai Internet City, and we look forward to what it brings to the field of technology in terms of experiences, opportunities and proactive solutions that add value to the collaborative and teamwork efforts carried out by our partners within the complex, in a way that contributes to advancing the sector and improving Dubai’s position as a global leader in the fields of innovation, security and cyber security.

Al-Malik claims that technological development and digital transformation have contributed to bringing about radical and profound change in various sectors, as digital infrastructure has become imperative given the broad prospects of the opportunities it brings, noting that security Cybernetics is a fundamental pillar of growing technology. sector, which is expected to reach more than US $ 317 billion by 2027 according to estimates Mordor Intelligenceand then in the global economy in general, where technology is the backbone.

The owner notices the integrated business environment developed by Dubai Internet City, which, thanks to its advanced infrastructure and competitive services, has managed to attract international companies to take over their headquarters and for more than 20 years, the city has been a leader and great. home to the technology industry in the region, attracting the most important and largest international companies specializing in this, In addition to attracting outstanding entrepreneurs and technical talent alike.

The Dubai government’s continuing interest in reaffirming the emirate’s leadership in the field of information technology and keeping pace with its developments is evident through the decision recently issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and The Prime Minister of the United Arab Emirates and the Ruler of Dubai, to form a higher committee chaired by His Highness Sheikh Hamdan bin Mohammed Bin Rashid Al Maktoum, the Crown Prince of Dubai, whose mission is to prepare the meta-strategic strategy of Dubai and oversee all future technological developments in the Emirates, in a proactive step. within Dubai’s tireless efforts to reaffirm its position as a major business hub and the best place in the world to live, work and visit.

Dubai Internet City, a subsidiary of TECOM Group, is the largest regional business park for technology companies and talents working in their fields in the region. From developers, consultants and others, in one place, which contributed to consolidating the emirate’s position as a first destination for talent and companies working on future solutions and promoting their growth and adoption rates. The city continues to provide a stimulating business environment that encourages communication and exchange of experiences between large companies, start-up businesses and investors..

The most connected cities

Dubai’s strong aviation infrastructure is one of the biggest advantages that increases its connection with the world, even making it one of the most connected cities in different parts of it, which is a great advantage for crews of international companies in order to facilitate the movement of its people globally from Dubai, as Emirates Airlines operates “Its flights to 138 travel destinations worldwide, while the number of destinations that flydubai flies reaches 120 travel destinations”..

Dubai International Airport has maintained the first position among the busiest international airports in the world for the eighth consecutive year, expecting 29.1 million passengers during 2021. of the year. While preliminary forecasts show that the annual passenger traffic at Dubai International Airport is expected to reach more than 58 million passengers by the end of this year..

A fast growing business community

It is worth noting that Dubai has issued 72,152 new business licenses during 2021, an increase of 69% compared to 2020, despite the difficult economic conditions the world experienced during that period due to the spread of the Covid-19 pandemic, which represents a qualitative leap that reflects the perfection of the business environment in it with all the elements of growth and the ability to attract expertise and investment, making it an ideal incubator for different types of economic activities, while the figures highlight the regional position and global Dubai as the capital of the most developed and fastest growing economy and the ideal environment to embrace and embrace new ideas and to support the interests of Dubai-based regional and global companies, especially as new opportunities grow investment offered in the digital economy..

During 2021, Dubai topped the cities attracting new foreign direct investment projects by attracting 418 new investment projects, thus occupying the first place in the world, from the third place a year ago, in attracting new foreign investment projects. foreign direct investment. in the annual report of the Investment Development Corporation in Dubai, one of the institutions Department of Economy and Tourism in Dubai.

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