UAE technology market opens opportunities for Chinese companies

Ocean Blue Cloud: Dubai is the business destination for expansion in the Middle East and North Africa

China Telecom: Our offices in Dubai Internet City are a global center for development

China is increasingly becoming an attractive business and investment destination for Chinese investors looking to invest in the emirate's technology sector: trading non-oil between the UAE and China reached nearly 50 billion dirhams last year.

According to a report from Alba The value of the local computer market in the UAE is expected to increase by 5% per year between 2017 and 2022. Factors such as a high quality of life, good Education opportunities, promising career prospects and business-friendly legislation also contribute to the growing demand for Chinese students and tourists in Dubai. The Dubai Statistics Center reported that the number of Chinese visitors increased to 573,000 in the third quarter of 2017, an increase of 49% compared to the same period in 2016.

Dubai Internet City occupies a leading position as as a specialized technology community Dubai's Internet partners include major and major Chinese companies such as Huawei, Union Bay, China Telecom Middle East and Shawami. "We have always been one of the largest international trading partners of the United Arab Emirates and we are confident that the Chinese will find many investment and employment opportunities here in Dubai in light of the maturity of our technology sector, "said Amar Al Malik, CEO of Dubai Internet City. He said.

"The next few years will witness Dubai's willingness to become a global innovation force backed by government efforts to push the sector towards growth, starting with the launch of mobile networks. high-speed fifth-generation in 2019, announced the launch of Block Qin, which aims to transform half of government transactions into platform Qin Block by 2021. We look forward to taking advantage of these opportunities in cooperation with our Chinese counterparts. "

For Huawei of China, giant in the field of ICT infrastructure and intelligent device manufacturing, Emirates technology policies support efforts from the company to provide intelligent and comprehensive solutions. "The commitment to innovation and knowledge is of great importance to Huawei, and the UAE is an ideal environment to achieve these high principles. "The Government, our Local and Uncle Partners Through this participation, we are now making significant progress in realizing its vision of providing digital technology to every home, individual and institution, and achieving universal communication among all in the world. Smart World. "

" We are committed to supporting the goals of future UAE leadership to achieve the Vision 2021 goals, bringing the latest technologies in the country and continue to invest in the exploration and development of local talent in the ICT field. "We hope for a fruitful future cooperation between us in this area."

"For three consecutive years, China has been the largest trading partner of UnionPay International in the Middle East, Trade and economic exchanges between the two countries continue to grow, contributing to the growth of the demand for electronic payment systems and offers more opportunities for UnionPay to consolidate its presence in the United Arab Emirates. "

" UnionPay will continue to strengthen its cooperation With leading state bodies, promote UnionPay issuance will present also aggressively its innovative products and services, including QuickPay and QuickPay, and QR Quick Payment Payments to establish a secure and convenient payment system between China and the UAE. "

Alexan Zhang, Founder and CEO of Ocean Blue Cloud, long-range network service provider and connoisseur of SD-WAN applications, said that Dubai is a prime destination international companies wishing to establish regional headquarters to expand their operations in the Middle East and North Africa. Hai, General Manager of Cha "Our offices, established at Dubai Internet City in 2008, have become a global business development center with partners and customers in the Middle East."

The complete infrastructure dedicated to businesses and enterprises, Dubai, with the recent announcement of the opening of 100% foreign ownership, will create significant growth opportunities for private companies, the UAE wishing to capitalize on the diversification and expansion of non-oil resources.

Developed in the United Arab Emirates In particular with the launch of New China Technology New Age Fund of 15 billion dirhams, intended to invest and acquire companies in China and in the world, which will strengthen the interest of companies of the sector and will help attract significant investment for their projects. Local. Dubai Internet City, a member of the TECOM Group, is a dynamic community of ICT companies that generate ideas for the future. The largest gathering of technology companies in the region, Dubai Internet City is a forum where innovators and entrepreneurs from around the world can work, connect and build a prosperous future.

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© Press Release 2018