Dubai has become the Silicon Valley of the Middle East.
That's according to His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
He made the comments during a meeting with the founder of a Dubai-based ad-tech company that was sold for AED 3.3 billion.
Divyank Turakhia successfully sold Media.net to a Chinese consortium in 2016.
The company was founded in Dubai Internet City.
UAE partners with World Economic Forum to fast-track industrial transformation
The UAE has signed a partnership with the Ministry of Industry and Advanced Technology (MoIAT) and the World Economic Forum (WEF), on the sidelines of the World Governments Summit, aimed at accelerating the digital and technological transformation of the country’s manufacturing sector.
Creative industries 'key to future growth', WGS-FTI report says
Cultural and creative industries should be treated as a core pillar of national economic strategy, according to a new report launched by FTI Consulting in partnership with the World Governments Summit.
TECOM Group posts strong 2025 results as revenues and profits rise
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Family businesses urged to rethink investment, philanthropy at Dubai summit
Family-owned businesses are being encouraged to take a more active role in shaping sustainable investment and social impact, as leaders met in Dubai to discuss how family wealth can be positioned for the future.
UAE-Vietnam CEPA enters into force
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
The United Nations Secretary-General has included a UAE national among a group of international experts selected to help guide the global response to artificial intelligence.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has honoured global peacebuilders and humanitarian advocates at the 2026 Zayed Award for Human Fraternity ceremony in Abu Dhabi.
Dubai has unveiled a long-term plan to create a more balanced and integrated urban environment as part of efforts to enhance quality of life and wellbeing.
