Dubai Internet City to facilitate growth of Indian tech SMEs


June 2, 2019 | By RetailME Bureau

Dubai Internet City (DIC), the leading technology business community in Dubai, inaugurated a specialised platform dedicated to the National Association of Software and Services Companies (NASSCOM).

The inaugural ceremony took place in the presence of Navdeep Singh Suri, ambassador of India in the UAE; Debjani Ghosh, president of NASSCOM; Malek Al Malek, group CEO of TECOM Group; Abdulla Belhoul, CEO of TECOM Group; and Ammar Al Malik, managing director of DIC and Dubai Outsource City (DOC).

The inauguration follows the signing of a memorandum of understanding (MoU) between DIC and NASSCOM at GITEX 2018, in which DIC committed to providing small and medium-sized enterprises (SMEs) opportunities to develop their operations through offering support and a platform to expand in the MENA region.

According to the International Data Corporation (IDC), the UAE’s domestic IT market alone, worth $8 billion, is expected to grow at an average of 5% annually between 2017 and 2022. And DIC has seen several home-grown success stories including Dubizzle, Careem, Property Finder and most recently Amazon.ae (formerly SOUQ.com). In line with the UAE’s vision to make Dubai a world leader in technology, the new partnership aims to position Dubai as an attractive destination for Indian firms looking to establish a footprint in the wider MENA region. DIC will provide NASSCOM members a dedicated launch pad to explore and tap into the thriving multibillion-dollar tech market and grow regionally.

“Talent is the currency of the future, and developing it is essential to all organisations looking to thrive in this ever-changing tech industry. Our partnership with NASSCOM reiterates our commitment towards driving the region’s IT industry, while exploring avenues for increased cooperation between the UAE and India,” says Al Malik. “We are confident that our collaboration with NASSCOM will prove mutually beneficial for members of the tech community across both countries.”

“Our priority has always been to provide Indian businesses with innovative solutions and help them achieve optimum productivity and profitability. We are confident that the opportunity being offered to our members by DIC will enable them to explore and grow in new markets and avenues. This partnership is a testament to NASSCOM and DIC’s sustained endeavour to deliver world-class solutions to a comprehensive base of partners,” adds Ghosh.

Comments

comments

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Lulu Group partners with Amazon expanding grocery offerings to online customers in the UAE

Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon 

Continue Reading

November 24, 2022 | By RetailME Bureau
Food Tech Valley partners with Tradeling to boost UAE’s food ecosystem

UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness 

Continue Reading

November 17, 2022 | By RetailME Bureau
Lulu Hypermarket to open in The Dubai Mall in 2023

Abu Dhabi-based supermarket chain Lulu Hypermarket is all set to open in 

Continue Reading

November 10, 2022 | By Rupkatha B
Beyond Meat’s Q3 2022 results “disappointing”

Plant-based meat brand Beyond Meat’s financial results for the third quarter of 

Continue Reading

November 10, 2022 | By RetailME Bureau
Barakat unveils new biodegradable packaging

UAE’s fresh produce brand Barakat has launched bio-degradable packaging across its entire 

Continue Reading

October 27, 2022 | By RetailME Bureau
Pure Harvest CEO Sky Kurtz

UAE-based agritech start-up Pure Harvest Smart Farms has signed a Memorandum of 

Continue Reading

October 27, 2022 | By RetailME Bureau
Carrefour signed up as anchor tenant for Midtown Project

Carrefour, owned and operated by Majid Al Futtaim – Retail in the 

Continue Reading

October 27, 2022 | By RetailME Bureau
Grandiose Supermarket announces country-wide expansion plans

Grandiose Supermarket, part of Ghassan Aboud Group, has announced expansion plan in 

Continue Reading

October 26, 2022 | By Rupkatha B
100 years of Valrhona

The Valrhona journey began 100 years ago with a cocoa bean. Since 

Continue Reading

October 24, 2022 | By Justina Eitzinger
On-demand grocery delivery in 15 mins

Deliveroo UAE has announced the expansion of its rapid grocery delivery service 

Continue Reading

October 24, 2022 | By RetailME Bureau
Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment

The Ministry of Climate Change and Environment (MOCCAE) revealed that the UAE 

Continue Reading

October 17, 2022 | By RetailME Bureau

Abu Dhabi-based leading supermarket chain Lulu Group has appointed investment bankers Moelis 

Continue Reading

October 13, 2022 | By RetailME Bureau




f
Download Images RetailME Magazine