Abu Dhabi aims to lure start-ups with investment in new technology hub

  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Abu Dhabi will commit up to 1 billion dirhams ($272 million) to support technolo...

ABU DHABI - Abu Dhabi will commit up to 1 billion dirhams to support technology start-ups, it said on Sunday, in a dedicated hub as part of efforts to diversify its economy.

Abu Dhabi derives about 50 percent of its real gross domestic product and about 90 percent of central government revenue from the hydrocarbon sector, according to ratings agency S&P. The goal is to have 100 companies over the next three to five years, Ajami said. “The market opportunities in this region are immense,” he added.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Great....Wish to know more details. Hope opportunity is open to expats as well.

How do you 'lure' anyone with the pollution problem they have?

Sverige Senaste nytt, Sverige Rubriker