The Dubai Chamber of Commerce has inaugurated a new office in Bengaluru, underscoring its commitment to strengthening ties with India's technology and artificial intelligence (AI) sectors. This strategic expansion reflects Dubai's broader initiative to diversify its economy and establish itself as a global digital hub.
Bengaluru: A Strategic Choice
Bengaluru, often referred to as the "Silicon Valley of India," boasts a robust tech ecosystem. The city is home to over 2,000 IT companies and contributes more than one-third of India's total IT exports . Furthermore, it houses over 40% of India's Global Capability Centers (GCCs), making it a pivotal location for multinational corporations seeking innovation and technological advancement .
Dubai's Vision for Digital Collaboration
Dubai is actively transitioning from its traditional oil-based economy to a diversified digital economy. The emirate aims to double the digital economy's contribution to its GDP from 9.7% in 2022 to over 20% by 2031 . Initiatives like the Dubai AI Campus, the largest AI cluster in the Middle East and North Africa, exemplify this commitment .
The UAE-India Comprehensive Economic Partnership Agreement (CEPA), effective since May 2022, further facilitates collaboration in emerging sectors such as AI, blockchain, and fintech . The new Bengaluru office is poised to serve as a conduit for Indian tech startups and enterprises aiming to tap into Dubai's burgeoning digital landscape.
The establishment of the Dubai Chamber's office in Bengaluru offers Indian tech companies enhanced access to Dubai's resources, including funding opportunities and a supportive regulatory environment. This move is anticipated to foster increased collaboration, innovation, and growth for Indian enterprises in the global digital arena.
For Indian tech entrepreneurs and startups, this development presents a significant opportunity to engage with Dubai's dynamic digital economy and expand their global footprint.
Source: Deccan Herald
#healthcarestartupnews #dseidehealthcarenetwork
Bengaluru: A Strategic Choice
Bengaluru, often referred to as the "Silicon Valley of India," boasts a robust tech ecosystem. The city is home to over 2,000 IT companies and contributes more than one-third of India's total IT exports . Furthermore, it houses over 40% of India's Global Capability Centers (GCCs), making it a pivotal location for multinational corporations seeking innovation and technological advancement .
Dubai's Vision for Digital Collaboration
Dubai is actively transitioning from its traditional oil-based economy to a diversified digital economy. The emirate aims to double the digital economy's contribution to its GDP from 9.7% in 2022 to over 20% by 2031 . Initiatives like the Dubai AI Campus, the largest AI cluster in the Middle East and North Africa, exemplify this commitment .
The UAE-India Comprehensive Economic Partnership Agreement (CEPA), effective since May 2022, further facilitates collaboration in emerging sectors such as AI, blockchain, and fintech . The new Bengaluru office is poised to serve as a conduit for Indian tech startups and enterprises aiming to tap into Dubai's burgeoning digital landscape.
The establishment of the Dubai Chamber's office in Bengaluru offers Indian tech companies enhanced access to Dubai's resources, including funding opportunities and a supportive regulatory environment. This move is anticipated to foster increased collaboration, innovation, and growth for Indian enterprises in the global digital arena.
For Indian tech entrepreneurs and startups, this development presents a significant opportunity to engage with Dubai's dynamic digital economy and expand their global footprint.
Source: Deccan Herald
#healthcarestartupnews #dseidehealthcarenetwork
The Dubai Chamber of Commerce has inaugurated a new office in Bengaluru, underscoring its commitment to strengthening ties with India's technology and artificial intelligence (AI) sectors. This strategic expansion reflects Dubai's broader initiative to diversify its economy and establish itself as a global digital hub.
Bengaluru: A Strategic Choice
Bengaluru, often referred to as the "Silicon Valley of India," boasts a robust tech ecosystem. The city is home to over 2,000 IT companies and contributes more than one-third of India's total IT exports . Furthermore, it houses over 40% of India's Global Capability Centers (GCCs), making it a pivotal location for multinational corporations seeking innovation and technological advancement .
Dubai's Vision for Digital Collaboration
Dubai is actively transitioning from its traditional oil-based economy to a diversified digital economy. The emirate aims to double the digital economy's contribution to its GDP from 9.7% in 2022 to over 20% by 2031 . Initiatives like the Dubai AI Campus, the largest AI cluster in the Middle East and North Africa, exemplify this commitment .
The UAE-India Comprehensive Economic Partnership Agreement (CEPA), effective since May 2022, further facilitates collaboration in emerging sectors such as AI, blockchain, and fintech . The new Bengaluru office is poised to serve as a conduit for Indian tech startups and enterprises aiming to tap into Dubai's burgeoning digital landscape.
The establishment of the Dubai Chamber's office in Bengaluru offers Indian tech companies enhanced access to Dubai's resources, including funding opportunities and a supportive regulatory environment. This move is anticipated to foster increased collaboration, innovation, and growth for Indian enterprises in the global digital arena.
For Indian tech entrepreneurs and startups, this development presents a significant opportunity to engage with Dubai's dynamic digital economy and expand their global footprint.
Source: Deccan Herald
#healthcarestartupnews #dseidehealthcarenetwork
