TECOM and Sama Dubai to Jointly Create ‘SmartCity’ Clusters Worldwide

TECOM Investments and Sama Dubai, both members of Dubai Holding, have announced the formation of ‘SmartCity’ a joint venture company which will develop and manage knowledge industry townships worldwide.

‘SmartCity’ will combine TECOM’s specialised expertise, in the creation and management of knowledge based industry clusters, with Sama Dubai’s strength in international real estate development to create an infrastructure and environment catered to the requirements of knowledge based companies and knowledge workers.

‘SmartCity’, which is expected to have a significant impact on the economies in which it is established, will create vibrant knowledge economy communities which are anchored by leading global and regional names in the industry to facilitate knowledge transfer and job creation.

Smart City

 

General Electric (GE) Moves into New Dedicated Regional Headquarters Building in Dubai Internet City

General Electric (GE), the multinational American technology and services conglomerate recently moved into its new dedicated regional headquarters building in Dubai Internet City.

The 4-storey, 65,000 square feet building was inaugurated by Jeffrey Immelt, chairman and chief executive officer of GE in the presence of Jamal Abdul Salam, Executive Director DIC, Majed Alsuwaidi, Director of Sales DIC and other officials from the sales and partner relations departments.

With the inauguration of the new building GE has become the first DIC business partner to lease a whole building for itself.

GE