Dubai Internet City (DIC) is an information technology park created in October 2000 by the government of Dubai as part of an economic policy aim to diversify UAE’s economy. DIC is one of the most significant technology parks in the Middle East and has played a key role in luring global technology companies, start-ups and entrepreneurs to Dubai. Being located in the center of Dubai and offering advanced infrastructure along with many beneficial services, costs aside, have made DIC a place where businesses can prosper under favorable conditions to boot. Read on to learn about everything regarding Dubai Internet City from location, infrastructure and advantages to industry verticals getting serviced in the free zone, how you can set up your business there & support services available for DIC businesses as well as some of the biggest names having a presence here + its Significance across industries within UAE and part it plays towards making city smartified.
Dubai Internet City Overview
DIC represents one of the two primary operating arms of TECOM Group, a subsidiary under Dubai Holding. Established in 2000 Established with the objective of turning Dubai into a knowledge-based economy and fostering innovation in the region DIC has been pivotal in the inception of many international companies, from multinationals to technology start-ups across a wide range of industry sectors.
DIC – a thriving community for entrepreneurs and startups It is a commercial center and houses companies such as technology, software development, e-commerce (online shopping), digital marketing and others. That foster the innovative technology and tech-enabled startup it takes to survive, grow, build ideas in an ever-evolving Middle-Eastern ecosystem.
Location of Dubai Internet City
Conveniently situated in the heart of Dubai’s quickly expanding vibrant landscape, DIC provides fast access to top quality workforce and essential transport links by means of both car (including that is associated with much less sound contamination. For businesses looking to avail these benefits, it is strategically located close by Dubai International Airport. DIC is ideally located in a way that it has natural connections with all parts of the city, which turns up its advantage as an efficient business area.
Facilities and Infrastructure: In terms of infrastructure, DIC provides a modern era of facilities and amenities. It offers fully managed office spaces, enterprise-level IT infrastructure,last-mile internet connectivity and a secure & redundant environment to businesses. The hub also provides a variety of business support services such as conference and meeting facilities, business centers, innovation spaces etc.
Why Dubai Internet City
There are a number benefits and incentives for businesses to set up in DIC. The tax-free benefits for companies at DIC is one of the key advantages. It is a place created for enterprises – corporate and personal income taxes are not paid here, which attracts companies in order to make the most of their financial activities.
Globally, with help from this model one can opt for a talent pool of skilled professionals. This hub brings in top-tier professionals from all over the globe, and businesses can benefit with access to a broad range of talent. DIC further facilitates the concept of knowledge sharing and collaboration through networking events, seminars/ workshops thus aligning businesses with like-minded professionals to promote innovative business practices.
Sectors and Industries Dubai Internet City
DIC hosts a large number of industries within which tech ecosystem thrives. The hub targets technology, software development, IT solutions, e-commerce and digital marketing as well some key future sectors such as AI (Artificial Intelligence), block chain and IoT (Internet of Things). This provides an environment for growth and innovation with leading companies from the sectors as well as flexible startups.
DIC’s Business Setup Process
With hassle free policies and efficient procedures, DIC is simply a breeze to start up your own business. The standard business setup steps to register a company, acquire permits and complete necessary legal formalities is similar across the globe. With DIC nothing can go wrong and the entire process is complete in a very smooth manner through their step by step guidance making it extremely simple for businesses.
What Dubai Internet City Provides (Support and Services)
The hub will offer a wide array of support services to businesses from within the DIC. This process can give you access to services like: business development, seed and scale funding opportunities bootstrap labs mentor program join the community! In addition, DIC partners with multiple government entities, academic institutions and industry associations to promote the innovation and R&D aspects of technology community.
Dubai Internet City Success Stories
DIC is a trusted location for many ventures and startups who have made it big by hitting on all the right notes in terms of milestones, sphere or influence within tech industry. Prominent ones include gl0bal technology giants, Microsoft, IBM, Oracle and Cisco have permanent establishments in DIC. Moreover, a number of local startups have also been noticed growing exponentially at the hub to highlight the entrepreneurial passion and creativity being nurtured by DIC.
What is to come in Dubai Internet City
The horizon for DIC remains rich with opportunities and future holds the key to growth & innovation. New technologies such as artificial intelligence (AI), blockchain, cyber security and smart city solutions are attracting capital to the hub. The DIC also enables innovation initiatives and encourages R&D activities to support the digitization journey in Dubai, as well as across the region. DIC continues to be a tech-forward hub through its various projects and initiatives, promising even more in store for businesses over the years.
Role of Dubai Internet City in Making the Smartest city – DUBAI
DIC is very much in tandem with breakthroughs of technology, sustenance and the conversion into an efficient digital platform which resonate well to Dubai’s objective of transforming itself as a smart city. DIC views technology as an enabler and key catalyst by which Dubai authorities seek to contribute to the wider region ‘s digital transformation, promote innovation in value-added industries, empower people with new skills that helps drive economic growth. Advanced TechnologiesWhile Dubai is a rapidly growing city, it has also invested in more intelligent and sustainable solutions to meet its demands.
Conclusion
It is this centre of innovation that Dubai Internet City symbolises to the world. DIC also publishes research about software development, and supports entrepreneurs that have an innovative idea for their startup company. The hub includes a mix of industries, top companies in leading sectors and plenty room for the development some exiting new chapters in this dynamic region. Dubai Internet City provides businesses with a range of lucrative potential and growth opportunities, which if fully tapped serve to open up numerous doors for business development initiatives in the fast-paced tech hub within Middle East sector.
