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In recent years, the UAE has emerged as a major technology hub, catering to millions around the globe. With an objective of maximising the benefits of technology, the country has initiated different types of projects.
Dubai, for instance, aims to be a smart city by 2020. Its network of integrated infrastructural facilities has been awe-inspiring. In the days to come, the country as a whole is going to be a hub for technological innovations and implementation.
Technological hubs such as the Dubai Internet City are home to numerous IT giants and support the development of the information and communications technology sector. It is the perfect place for varied business set-ups, ranging from software development and e-commerce to sales and marketing.
Similarly, Dubai Silicon Oasis is a technology park that is ideally suited to create the perfect amalgamation of work and living. It is equipped with state-of-the-art facilities that help large technology based enterprises and entrepreneurial businesses grow.
Another free zone, the Dubai Outsource Zone, is completely dedicated to serve the outsourcing industry. Sectors such as IT, call centres and knowledge processing can easily set up shop in the region and enjoy the benefits of 100% tax exemption and complete project ownership.
In the neighbouring emirate of Sharjah, its free zones act as technology hubs for major companies. Modern office complexes, the right mix of infrastructure and a skilled talent base make this emirate a thriving commercial centre. Apart from these, Masdar City in Abu Dhabi and the Ras Al Khaimah free zones are other areas where information technology businesses can find a strong foothold.
In order to cash in on the technology boom, companies from all over the world are looking towards the UAE as a major business destination, giving it an opportunity to move higher.
• Technology hubs perfect for e-commerce, software companies
• Dubai Internet City, Masdar City are some notable destinations
• The outsourcing industry is also catered by these tech districts
Source: Shabnam Mondal, Special to Properties
The writer is a freelancer