Microsoft pledges over $10bn for Middle East tech growth by 2030
Source: Investment Monitor ·
The framework, announced at a round table held alongside the United Nations General Assembly in New York, US, initially applies to Kuwait, Qatar, Saudi Arabia and the UAE.
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Microsoft has unveiled plans to invest more than $10bn in capital and operating expenditure across the Middle East by 2030 under a new digital resilience framework. The framework, announced at a round table held alongside the United Nations General Assembly in New York, US, initially applies to Kuwait, Qatar, Saudi Arabia and the UAE. The gold standard of business intelligence. Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. According to the US technology giant, the commitment centres on technology, digital resilience and workforce development. Under the initiative, Microsoft will scale up its cloud and AI infrastructure in the region while strengthening ties with governments and national AI bodies, including Saudi’s HUMAIN, the UAE’s G42, Qatar’s QAI and Government of Kuwait. Microsoft president and vice chairman Brad Smith said: “Microsoft’s economic ties to the Middle East run deep, and our commitment to the…