Ahmed bin Saeed Al Maktoum, President of the Dubai Silicon Oasis Authority, announced that the Integrated Technology Free City had achieved qualitative results during the year 2018, with a total revenue of 576.9 million dirhams, while The net profit of the Authority is 292.4 million dirhams, compared to 205.7 million dirhams for the year 2017, an increase of 42.1%.

According to Al Bayan newspaper, Al Maktoum stressed that the Emirate of Dubai has achieved and achieved sustainable economic achievements in light of the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister The ruler of Dubai, may God protect him.

His Highness added that such results reflect the great confidence that regional and international companies in Dubai have given due to the many foundations that distinguish the emirate globally as a vital platform for launching distinguished companies and emerging projects. p>

Mohammed Al Zarouni, Vice President and CEO of Dubai Silicon Oasis Authority, said that Dubai Silicon Oasis has attracted many companies operating in the technology sector, as the number of companies operating in this sector has reached Which is based in Dubai Silicon Oasis to 2,620 compared to 2,459 companies during the year 2017, an increase of 161 companies, an increase of 6%, which establishes a thriving business community that contributes to encouraging a culture of entrepreneurship by taking advantage of the services and facilities provided by the Dubai Silicon Oasis Authority.

Due to the attractive economic environment that the Dubai Silicon Oasis enjoys, the Oasis managed to attract companies, innovators and entrepreneurs from different parts of the world, and the percentage of companies in it from the Middle East and Africa region reached 37. % And 23% for Europe.

While the percentage of Asian companies reached 33%, followed by companies from the Americas, 07% of the total Oasis companies, and 81% of companies operating in the Dubai Silicon Oasis, specialize in technology, while The rest of the companies activities are distributed in the commercial services sectors and other service sectors.

Al Zarouni indicated that at the level of expansions, the completion rate of the Silicon Park project, which is the first integrated smart city in Dubai to be built in the Dubai Silicon Oasis, is 87%. The construction works of the project will be completed in the second quarter of 2019.

The project includes 71 thousand square meters of office space, 25 thousand square meters of commercial stores, 46 thousand square meters of residential apartments, in addition to modern life facilities such as restaurants, cafes, and centers. Health and fitness, running tracks, biking, shopping mall and underground parking space for more than 2,500 cars.

Namazone Services..Analysis platform ...