Dubai: The booming IT hub

In a short period of time, a dynamic international community of ICT companies has established itself at the Dubai Internet City. The booming IT industry and the turbulent political landscape of the Middle East makes Dubai an attractive hub from where global ICT giants can service the rest of the region.

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By  Angela Prasad Published  April 24, 2005

The UAE is a mixture of traditional values of the East and the modern technologies of the West. Various nationalities of people live and work together, sharing aspirations and working towards same goals. Dubai, which is the second largest in terms of GDP out of the seven Emirates that form the UAE, make it a safe place to live, offering a high standard of living and as a result, the recruitment and relocation of skilled staff poses little problem for multinationals, according to Crawford Beveridge, executive vice president for people and places and chief human resources officer for Sun Microsystems. “Dubai is favoured by large [corporations] not just from a business point of view, but also from a lifestyle standpoint. It is a clean, modern, crime-free city. It also offers a luxurious lifestyle, advanced healthcare and a good education system. All this makes the city one of the most appealing places to relocate to in the Middle East, and these factors are especially attractive to Western job seekers,” he says. The past ten years has brought rapid growth and technological sophistication that has changed the face of Dubai from vast deserts to a thriving modern metropolis with strengths in technology, trade, services and manufacturing, fortifying the economy and bringing huge investments to its shores. Having successfully developed an international reputation as a regional commercial hub, Dubai effectively leverages a market of over two billion people in the Middle East, Africa and South Asia with GDP in excess of US$1.1 trillion. Strategically, Dubai is an ideal hub from which to target the flourishing GCC markets. It is also within easy reach of neighbouring Saudi Arabia, the largest market in the region. “Dubai’s geographical proximity to the talent and markets of the Middle East, the Indian Subcontinent and Northern and Southern Africa, combined with its status as the most sophisticated logistics infrastructure between the Far East and Europe, make Dubai the location of choice for IT businesses seriously seeking to thrive in the region,” says Saqib Iqbal, COO of Tejari.

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