Microsoft To Invest USD 15.2 Billion in UAE by 2029 To Boost Technology and Talent Development
Microsoft has announced a USD 15.2 billion investment in the UAE by 2029 to boost technology, AI innovation, and talent development across the region. It was announced by Microsoft’s Vice Chair and President, Brad Smith. The company also opened its Global Engineering Development Centre in Abu Dhabi to drive AI and cloud advancements.
Microsoft will invest over USD 15 billion in the UAE by 2029 to strengthen technology and talent across the region. The announcement was made by Brad Smith, Vice Chair and President of Microsoft, in a post on X (formerly Twitter). He said, "Microsoft is investing $15.2 Billion USD in the UAE by 2029 to drive technology, talent, and trust." The initiative reflects a vision for advancing AI innovation, supporting economic growth, and ensuring that the benefits of AI reach businesses widely. This year, Microsoft opened its Global Engineering Development Centre in Abu Dhabi to attract tech talent. Engineers at the centre are developing new products and services for Microsoft and helping regional institutions to use AI and cloud technologies to transform their operations. Smith further noted, "Microsoft is committed to the future of the UAE and the strong ties between our two nations." Anthropic Announces Partnership With Iceland To Launch World’s First Comprehensive National AI Education Pilots Using Claude.
Microsoft Will Invest USD 15.2 Billion in UAE by 2029
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