August 31, 2022
2 mins read

AWS launches second Region in UAE at $5 bn investment

The AWS Middle East (UAE) Region will also add an estimated $11 billion over the next 15 years to the UAE’s gross domestic product (GDP)…reports Asian Lite News

Amazon Web Services (AWS), an Amazon.com company, on Tuesday announced the launch of its second Region in the Middle East, the AWS Middle East (UAE) Region.

AWS estimates that its projected spending on the construction and operation of the new Region will support an average of nearly 6,000 full-time jobs annually at external vendors, with a planned $5 billion investment in the local economy through 2036.

The AWS Middle East (UAE) Region will also add an estimated $11 billion over the next 15 years to the UAE’s gross domestic product (GDP).

Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development, said, “The opening of the AWS Middle East (UAE) Region is a significant milestone for Abu Dhabi and the UAE as a whole, reflecting our efforts to generate opportunities for all. It strengthens Abu Dhabi’s commitment to positioning itself as a leading digital economy by leveraging cutting-edge technology to support business growth.”

“The enhanced cloud capabilities enabled by AWS are expected to generate significant advantages and efficiencies that can propel businesses to success and realise major economic benefits for the country,” he added.

Abdulla Abdul Aziz AlShamsi, Acting Director General of the Abu Dhabi Investment Office (ADIO), said, “Abu Dhabi aims to enable transformative technology that delivers opportunities for businesses and residents alike. Smart infrastructure is powering the thriving private and public sectors by opening new economic possibilities, fostering inclusive growth, and creating opportunities for collaboration across our innovation ecosystem. At ADIO, we are contributing to this through many valuable ecosystem-enabling partnerships that support Abu Dhabi’s position as a leader in the region’s digital revolution.”

Prasad Kalyanaraman, Vice President of Infrastructure Services at AWS, said, “With the launch of the AWS Middle East (UAE) Region, we are making it possible for even more customers to harness the power of the cloud to drive innovation across the UAE, while also investing in the local economy through job creation, training for highly sought-after technology skills, and education resources to further advance the UAE’s strategic priorities.”

ALSO READ: Multi-entry UAE visa for FIFA fans

Previous Story

Sheikh Abdullah, Fuad Hussein review Iraq situation

Next Story

Museum of the Future launches online store

Latest from -Top News

Trump tariffs send world markets into panic

US benchmark crude oil shed $2.70 to $64.25 a barrel after major oil producers announced they plan to increase production. Brent crude, the international standard, was down $2.63 at $67.51 a barrel

EU prepares retaliation for Trump’s tariffs

The European Commission is assembling a fresh round of counter-tariffs aimed at US goods, adding to two existing lists of potential targets—one of which includes products that were hit by suspended tariffs

US, EU slam China’s war games near Taiwan

US President Donald Trump underscored the need to maintain peace in the Taiwan Strait, advocating for a diplomatic approach to cross-strait tensions while warning against the use of force The United States

£13.9 billion of R&D fund to boost innovation, jobs

Funding outlined to support transformational R&D in areas like life sciences, green energy, engineering and beyond More UK innovators like those developing treatment-transforming dementia tests or building world-leading testing facilities to power

OPEC+ accelerates oil output hikes

Despite the production boost, the group emphasised that future adjustments remain flexible and could be paused or reversed depending on market conditions. Eight OPEC+ nations have unexpectedly decided to accelerate their oil
Go toTop

Don't Miss

Sharjah explores trade, investment ties with India

The IBPC-SCCI meeting highlighted facilitative measures and investment opportunities for

UAE outlines actions to address food crisis at Berlin Conference

The UAE pays the utmost attention to enhancing food security