Dubai is Silicon Valley of Middle East: Sheikh Mohammed

WAM

Dubai has become the Silicon Valley of the Middle East.

That's according to His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

He made the comments during a meeting with the founder of a Dubai-based ad-tech company that was sold for AED 3.3 billion.

Divyank Turakhia successfully sold Media.net to a Chinese consortium in 2016.

The company was founded in Dubai Internet City.

More from Business

Coming Up on Dubai Eye

  • The Agenda with Tom Urquhart

    10:00am - 1:00pm

    Your chance to have your say and debate the issues you love or loathe. It’s the chance to set The Agenda on the big topics of the day.

  • The Music Mix

    1:00pm - 2:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

On Dubai Eye