Strategy of internet city in Dubai by Farid Faraidooni

Dubai which is the largest city in the UAE. The Crown Prince of Dubai, His Highness General Sheikh Mohammed bin Rashid Al Maktoum initiatives created high-tech, zero-tax business environments for the world's leading companies. And conceived Dubai Internet City—a facility that offered a high-quality infrastructure and environment for leading ICT companies to operate globally and regionally. Dubai Internet City was constructed in one year, with Cisco Systems® providing technological vision and expertise. Dubai Internet City achieved financial status in just two-and-a-half years. Dubai is one of the most attractive global business centres in the world. Today it is a strategic base for multinational companies targeting markets extending from the Middle East to India and from Russia to South Africa.
Dubai sought to extend this value proposition to the global ICT industry. It offered a world-class business environment for ICT companies to innovate and grow. Dubai Internet City was established in the Dubai Technology and Media Free Zone—a tax-free commercial site set up to support the development of knowledge-based industries. Over the past three years, Dubai Internet City has been developed to provide a complete business and community infrastructure for ICT companies. In addition, there are 220 luxury residential villas. The total investment to date by the Dubai Technology and Media Free Zone Authority in the project stands at US$700 million. This will see the creation of Dubai Pearl, a development of hotels, office buildings, movie theatres, restaurants, boutiques, and shopping malls. New-Generation Transport Technology, the technology platform created at Dubai Internet City is one of the most advanced metro Ethernet environments in the world. Cisco was with us from the very beginning in designing the metro Ethernet infrastructure. Faraidooni says. "We worked very closely together to develop ideas, and then worked through the planning, implementation, and commissioning stages." Dubai Internet City has encouraged clients to embrace the new technology through a learning program.