Dubai International Financial Centre (DIFC), the leading global
financial centre in the Middle East, Africa and South Asia (MEASA) region has signed a
Memorandum of Understanding (MoU) with Etisalat, the leading emerging markets
telecommunications provider.
The agreement was signed between Arif Amiri, Chief Executive Officer of DIFC Authority and
Salvador Anglada, Group Chief Business Officer of Etisalat.
The collaboration will enable Etisalat to deploy innovative technologies in DIFC. These include
advanced telecommunication infrastructure, high-speed internet and superior mobile
connectivity. DIFC will also become a preferred location for Etisalat to test and deploy new
smart technologies as they are developed.
In line with Dubai’s 2021 strategy, the agreement will also allow DIFC and Etisalat to collaborate
on implementing smart city initiatives utilising big data, analytics and new technology. These
initiatives will allow DIFC to understand trends which will help enhance their business and
lifestyle offerings. Comprehensive building, energy consumption, waste management and
vehicle parking smart systems will be explored, supporting Dubai and DIFC’s ambitions to be
the region’s most sustainable city for financial services.
Commenting on the MoU, Arif Amiri, Chief Executive Officer of DIFC Authority said: “DIFC’s
strategic partnership with Etisalat will help address the current and future communication and
technology needs of our clients. The agreement will also help DIFC contribute to Dubai’s smart
city aspirations. Working with partners such as Etisalat also enhances Dubai and DIFC’s
reputation as the region’s most sustainable city for financial services.”
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