Economy

Microsoft to invest over $15 billion in UAE by 2029

"Breaking: Microsoft confirms a $15 billion investment in the UAE by 2029, focusing on AI and cloud data centers. Discover how this boosts the region's tech landscape."

BY: 5 min read
Microsoft to invest over $15 billion in UAE by 2029
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Microsoft has announced plans to invest over $15 billion in the United Arab Emirates (UAE) by the year 2029. The investment will focus on expanding artificial intelligence (AI) and cloud data centers in the region.

This significant financial commitment reflects Microsoft"s strategy to enhance its presence in the UAE and support the country"s growing technology sector. The investment is expected to contribute to the development of advanced digital infrastructure and services.

As previously reported, the UAE has been actively working to position itself as a global technology hub, attracting investments from major tech companies. This move by Microsoft aligns with the UAE"s goals for economic diversification and innovation.

Further details regarding the specific projects and timelines for the investment have not yet been disclosed.