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 economy expands 6.2%, GDP reaches AED 1.9 trillion
The UAE economy continues its strong growth trajectory, with the country's GDP expanding by 6.2 per cent in 2025 to reach AED 1.9 trillion.
UAE highlights trade, logistics cooperation at Eurasia forum
Representing UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi attended the Eurasia Economic Forum in Astana, Kazakhstan.
UAE explores Caribbean trade partnership at regional summit
The UAE is exploring closer economic ties with Caribbean nations after taking part as a special guest at a major regional foreign ministers’ meeting in Suriname.
Ferrari aims to prove doubters wrong after divisive EV debut
If Ferrari wanted to grab the world's attention with the Luce, its first all-electric car, mission accomplished - even if much of the reaction has been shock and outrage.
IndiGo, Air India cut June-July domestic flights amid high jet fuel prices, sources say
IndiGo and Air India, India's two largest airlines, have sharply cut their planned domestic flights for June and July, sources familiar with the matter said, as the industry grapples with a rise in jet fuel costs in the wake of the Iran war.
