Category Archives: UAE

Spotlight: What You Need to Know about Dubai Silicon Oasis

Spotlight: What You Need to Know about Dubai Silicon Oasis

Established in 2004 as a Free Trade Zone designed to attract up-and-coming companies in areas such as information technology (IT) and engineering, Dubai Silicon Oasis (DSO) is a master-planned community that spans 7.2-million-square meters and provides businesses with a wealth of benefits. Benefits of becoming a member of the tech-based community include no income or corporate taxes, 100 percent repatriation of capital, lower cost of operations, and state-of-the-art IT infrastructure and facilities. These benefits, as well as other initiatives that are part of the Dubai Silicon Oasis Authority’s (DSOA) 2021 Strategy, are helping DSO to further establish itself as a leader in enterprise, technology, and sustainability.

Revenue Growth

The DSOA, which oversees the tech-based Free Trade Zone, experienced 9.5 percent year-over-year revenue growth in 2017 for a total profit of Dh205.7 million. Revenue also increased 11.5 percent. Much of that growth was facilitated by a significant increase in the number of companies operating in the park. In 2017, an additional 339 businesses relocated to DSO, bringing its total number to 2,459. Additionally, there were more than 1 million square meters of ongoing construction projects and over Dh101 million in investment for the development of light industrial units.

Home to Dtec

Dubai Technology Entrepreneur Centre

In order to keep up with such rapid growth, the Dubai Technology Entrepreneur Centre, launched by DSOA and referred to as Dtec, is in the midst of constructing a second facility that will be approximately 10,000 square meters. Established in 2015, Dtec is the largest entrepreneurial ecosystem in the Middle East, as it is home to more than 800 start-up companies representing more than 70 different countries.

The second facility will be constructed directly across the street from the first and will be expected to be move-in ready by the first quarter of 2019. Once it’s complete, Dtec is expected to house more than 1,500 start-up enterprises. In addition to providing a space in which start-ups can thrive, Dtec also serves as a platform for collaboration between start-ups and corporations.

“To help [corporations] discover and better understand new technologies and disruptive trends, we organize workshops, network events, and demo days with start-ups,” noted DSOA deputy CEO Abdul Razak. “Another example of how corporations can effectively engage with start-ups in the innovation discovery phase is the Intel Ignition Lab based in Dtec … With the new facility we will further expand our links with key multinational corporates to even better support corporates in their digital transformation journey by tapping into the innovation power of our ecosystem.”

Silicon Park

Entrepreneurial success isn’t the only objective of DSO. Beyond serving as a hub of innovation, the 7.2-million-square-meter community offers various recreational and lifestyle attractions with an emphasis on energy efficiency and sustainability. For instance, the 150,000-square-meter Silicon Park, which is expected to open in early 2019, will be completely compliant with Leadership in Energy and Environmental Design standards, as well as UAE Green Building Regulations and Specifications. Offices, residential spaces, and a 112-key business hotel will also all be complemented with double-glazed windows and solar panels to reduce heat absorption.

As the first smart city project in DSO, Silicon Park will feature smart pop-up furniture and charging docks for smart devices. It will also offer free Wi-Fi to visitors and apartment complex tenants, while its roads will be completely devoid of gas-powered vehicles. Instead, the park will include numerous charging stations for electric vehicles, which will serve as the primary means of transportation. Smart rechargeable electric bikes will also be used. Other amenities include health and fitness centers and cycling trails.

RIT Dubai Campus

DSO has expanded its reputation as an entrepreneurial technology hub since it was established in 2015, and now the Free Trade Zone is working to become more involved in the education sector. In January 2018, it announced plans for a 129,000-square-meter Rochester Institute of Technology (RIT) campus. Construction of the RIT Dubai campus is expected to be completed by 2023 and to cost upwards of Dh500 million. Upon completion, it will house the School of Electrical Engineering and Computing and the School of Sciences and Liberal Arts, among others, and will be capable of accommodating 4,000 students.

Smart Police Stations

In July 2018, Dubai Police signed a memorandum of understanding with the Dubai Silicon Oasis Authority to construct smart police centers in DOS. Free from any human intervention, the smart police centers will allow community members to apply for various permits and certificates and even open up criminal cases via smart interactive technologies. Open 24 hours per day and seven days a week, the smart police centers will provide 27 different services related to traffic, crime, and community.

Everything You Need to Know about UAE’s Hyperloop

Everything You Need to Know about UAE’s Hyperloop

Transportation options in the Middle East have been increasing in recent years, and there are plans for further expansion in multiple countries. The United Arab Emirates (UAE), in particular, is investing heavily in its transportation infrastructure. By 2021, the Gulf Cooperation Council Railway project is expected to link the country to Saudi Arabia, Oman, and… Continue Reading

Tourism Developments That Will Attract More Visitors to the UAE

Tourism Developments That Will Attract More Visitors to the UAE

The United Arab Emirates (UAE) consistently scores high in a variety of measures relating to tourism and is actively working to improve its status as a tourist destination even further. Numbeo recently ranked Abu Dhabi and Dubai first and 11th, respectively, on its list of the world’s safest cities, while Dubai finished first ahead of… Continue Reading

Spotlight: Recent Middle East Telecom Highlights You Need to Know

Spotlight: Recent Middle East Telecom Highlights You Need to Know

As with the rest of the world, Middle East countries and their telecom operators are working toward large-scale deployment of 5G networks to improve connection and download speeds for all devices, as well as to allow for future integration in technology-driven smart cities. Beyond the implementation of 5G networks, here are five recent developments that… Continue Reading

Spotlight on the Development of 5G in the Middle East

Spotlight on the Development of 5G in the Middle East

Smartphones and other mobile devices have become increasingly ubiquitous in today’s society. Thus, it is important that network providers adapt to the changing telecommunications landscape by offering technology that will improve download speeds and allow for greater connectivity between devices. In recent years, 3G and 4G networks have proven capable of connecting people who are… Continue Reading

What You Need to Know about the GCC Rail Network

What You Need to Know about the GCC Rail Network

The Gulf Cooperation Council comprises six Middle Eastern countries and was established in 1981 to achieve political and cultural unity among the participating nations, which share a belief in Islam. While the countries—Saudi Arabia, Qatar, Bahrain, Oman, Kuwait, and the United Arab Emirates (UAE)—have political, economic, religious, and cultural ties, they will soon be further… Continue Reading

Spotlight – 4 of the Latest Infrastructure Developments in the Middle East

Spotlight – 4 of the Latest Infrastructure Developments in the Middle East

As a result of oil prices rising following successive years of poor performance, several Middle Eastern countries are leveraging the increased revenue to invest in infrastructure projects with the potential to diversify their respective economies and shift away from a reliance on oil. The following are four recent infrastructure-related developments that will impact the economy… Continue Reading

4 UAE Infrastructure Developments You Need to Know About

4 UAE Infrastructure Developments You Need to Know About

The United Arab Emirates (UAE) has one of the healthiest economies in the world and, as a result, it has been able to invest heavily in its infrastructure sector. A recent study conducted by Agility, a prominent logistics firm, ranked the UAE as having the best quality of infrastructure in the entire Middle East and… Continue Reading

What You Need to Know about Warner Bros. World Abu Dhabi

What You Need to Know about Warner Bros. World Abu Dhabi

The United Arab Emirates capital of Abu Dhabi is a burgeoning hub for infrastructure development. Recently, the city earned the TomTom International Award for World’s Best City in Developing Infrastructures Related to Traffic Management. Core infrastructure projects are ongoing throughout Abu Dhabi and have the potential to boost the city’s economy, but one large-scale resort… Continue Reading

This Is How Dubai Is Going Green

This Is How Dubai Is Going Green

Dubai is a city known for attaining big achievements at a rapid pace. While the city was primarily known as a small trading port and fishing hub prior to the 1960s, the Middle East’s bourgeoning oil and real estate industries have spurred incredible growth in what is now one of the world’s most technologically advanced,… Continue Reading