Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, launched expansion projects at Dubai Silicon Oasis, the special economic zone for knowledge and innovation and a member of the Dubai Integrated Economic Zones Authority (DIEZ), with investments totaling AED12.8 billion.

This step reinforces Dubai Silicon Oasis as one of the key pillars of the knowledge economy ecosystem in Dubai, in line with the directives of Sheikh Mohammed bin Rashid Al Maktoum to make Dubai the world’s best city to live, work, and invest.

Sheikh Mohammed bin Rashid affirmed that the launch of the expansion projects at the Oasis comes as part of Dubai’s vision to anticipate and shape the future through the adoption of advanced technologies and their deployment to serve people, the economy, and society.

He highlighted that Dubai continues to build a sustainable knowledge economy rooted in innovation, transforming ideas into opportunities, challenges into achievements, and ambitions into tangible realities.

He added that Dubai will remain an open environment for talent, creative minds, and high value investments from around the world, and a platform for future technologies that enhance quality of life and reinforce Dubai’s position among the world’s most future-ready cities.