Microsoft commits over $10 billion to Gulf
Microsoft plans to invest over $10 billion in the Gulf countries, including the UAE, Saudi Arabia, Qatar, and Kuwait, through 2030. The investments will focus on cloud computing, artificial intelligence, and telecommunications infrastructure. The goal is to expand infrastructure and strengthen national partnerships, with an emphasis on supporting the region's transformation into global tech hubs and diversifying economies away from oil. Additionally, the company will allocate more than $400 million to develop telecommunications infrastructure in the region and is collaborating with domestic companies such as G42, in which it holds an minority stake and a seat on the board of directors.
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