Dubai, United Arab Emirates 22 January 2026m (WAM):
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, launched expansion projects at Dubai Silicon Oasis, the special economic zone for knowledge and innovation and a member of the Dubai Integrated Economic Zones Authority (DIEZ), with investments totalling Dh12.8 billion.
This step reinforces Dubai Silicon Oasis as one of the key pillars of the knowledge economy ecosystem in Dubai, in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum to make Dubai the world’s best city to live, work, and invest.
His Highness Sheikh Mohammed bin Rashid affirmed that the launch of the expansion projects at the Oasis comes as part of Dubai’s vision to anticipate and shape the future through the adoption of advanced technologies and their deployment to serve people, the economy, and society.
His Highness highlighted that Dubai continues to build a sustainable knowledge economy rooted in innovation, transforming ideas into opportunities, challenges into achievements, and ambitions into tangible realities.
His Highness added that Dubai will remain an open environment for talent, creative minds, and high-value investments from around the world, and a platform for future technologies that enhance the quality of life and reinforce Dubai’s position among the world’s most future-ready cities.
The launch ceremony was attended by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE; His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Integrated Economic Zones Authority (DIEZ); His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, President of the UAE National Olympic Committee; and several ministers and senior officials.
His Highness Sheikh Ahmed bin Saeed Al Maktoum said, “We continue implementing the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum to strengthen Dubai’s position as a global hub for innovation, technology, and the economy of the future through transformative projects that embody leadership and enhance the emirate’s ability to anticipate and embrace change.”
His Highness added, “The launch of Dubai Silicon Oasis’ expansion projects mark a pivotal advancement in our strategy to amplify the knowledge economy’s impact on inclusive and sustainable growth, establishing an enabling ecosystem that empowers global enterprises, regional investors, and next-generation innovators in advanced technology, AI, and future industries.”
His Highness continued, “These large-scale projects are embedded within an integrated strategic vision aligned with the Dubai 2040 Urban Master Plan and the Dubai Economic Agenda D33. They reflect our belief that economic progress is inseparable from quality of life and sustainability, as their smart and sustainable infrastructure integrating business, future technologies, housing, education, and entertainment embodies Dubai’s vision to place people at the centre of policies and projects and to invest in creativity and knowledge to build cities of the future.”
He said, “We view these projects as an integrated platform to strengthen public-private partnerships, develop new business models that anticipate the future, and provide distinctive investment, professional, and educational opportunities for young talent and innovators worldwide. This reaffirms our commitment to advancing infrastructure, flexible regulations, and competitive incentives that reinforce Dubai’s position as the premier global destination for investment, talent, and quality living, while strengthening its stature as a bold, sustainable, and future-ready development model.”
Dr. Mohammed Al Zarooni, Executive Chairman of DIEZ, said, “This step reflects DIEZ’s commitment to continuing its pivotal role in achieving the objectives of the Dubai Economic Agenda D33 by providing integrated residential, commercial, and investment environments within its free zones, supporting the private sector as a key partner to Dubai in the next 50 years particularly in new economic sectors, and contributing to the creation of quality jobs and enhancing Dubai’s global competitiveness.”
Al Zarooni confirmed that the new expansion phase aligns with ongoing efforts to identify innovative solutions that support the success of Dubai’s business ecosystem. This expansion will enhance Dubai Silicon Oasis’s position as a global platform that embraces creators and innovators, offering advanced infrastructure, exceptional resources, and distinguished institutional support.
“We are confident that this new strategic expansion will represent a qualitative leap in attracting more investments, particularly in future sectors, and in reinforcing Dubai’s position as a smart and sustainable urban economy.”
