Maktoum bin Mohammed meets with Ruth Porat, President of Google – Enterprise – Economic system and Finance

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE, at present met with Ruth Porat, President and Chief Funding Officer of Alphabet and Google.

Within the assembly held on the Dubai Worldwide Monetary Centre (DIFC), Sheikh Maktoum highlighted Dubai’s imaginative and prescient of a future pushed by technological innovation and its dedication to offering all business gamers with a platform for transformative development. As one of many world’s most future-ready cities and a pacesetter in embracing innovation, Dubai is eager to carry collectively all who share its imaginative and prescient, to faucet the unparalleled alternatives the quickly evolving world of know-how presents, he stated.

Sheikh Maktoum reiterated Dubai’s dedication to propelling digital transformation throughout varied sectors and its aspiration to make itself the worldwide epicentre for future industries. He stated Dubai is quickly rising in profile as a hub for key stakeholders within the world know-how business together with main worldwide and regional gamers, innovators, startups, enterprise capitalists and business consultants to work collaboratively to open new horizons for the sector.

The combination of future-oriented applied sciences, notably Synthetic Intelligence (AI), is on the core of the Dubai Financial Agenda D33’s formidable aim to generate an annual financial worth of AED100 billion by way of digital transformation initiatives over the subsequent decade. Partnerships with the world’s foremost know-how gamers like Google are integral to Dubai’s efforts to reinforce its know-how ecosystem and speed up development, effectivity and innovation within the business, Sheikh Maktoum stated.

HH Sheikh Maktoum additional stated the dynamic base offered by the town has not solely accelerated the expansion of established tech giants however has additionally been instrumental in enabling promising startups to script exceptional success tales on a world scale.

The assembly was attended by His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Monetary Affairs; His Excellency Omar Sultan Al Olama, Minister of State for Synthetic Intelligence, Digital Economic system, and Distant Work Functions; and His Excellency Malek Al Malek, Chairman of TECOM and CEO of Dubai Holding Asset administration.

Google opened its regional headquarters in Dubai in 2008, from the place it manages all its operations throughout the Center East and North Africa (MENA). Alphabet, Google’s dad or mum firm, reported world revenues of $282.8 billion in 2022.

Observe Emirates 24|7 on Google Information.