Microsoft and its partners are set to create over 152,000 jobs in the United Arab Emirates (UAE). Over the next four years, it will also generate $74.4bn in new revenues for the UAE economy.
They will do this along with customers leveraging cloud technologies.
This is according to an International Data Corporation (IDC) study released at GITEX Global 2024.
The study is titled “Microsoft Cloud Dividend Snapshot” for the UAE, was sponsored by Microsoft.
It highlights the critical role that the tech giant’s cloud services and its partner ecosystem are playing in advancing the digital economy, fostering innovation, and creating jobs in the UAE.
The study also emphasized Microsoft’s commitment to growing local businesses and supporting the UAE’s ambitions to become a global technology hub.
Over the next four years, Microsoft and its partner ecosystem will spend approximately $5.1bn in the UAE’s datacentre regions for services and products in local economies.
This investment will fuel the growth of enterprises, particularly those looking to harness the power of cloud and AI to stay competitive in today’s increasingly digital landscape.
Naim Yazbeck, General Manager of Microsoft UAE, said: “As organisations across the UAE and the region seek to leverage the latest advancements in artificial intelligence, the cloud remains the foundation upon which these innovations are built.
“At Microsoft, we are committed to providing highly secure, trusted, enterprise-grade cloud services that are critical for organisations accelerating their AI transformation journey.
“Our investment in local datacentres, our partner ecosystem, and the broader digital economy reflects our ongoing dedication to empowering government institutions and businesses to innovate, drive economic growth, and create sustainable jobs for the future.”
The IDC Snapshot also revealed that Microsoft partners will see significant economic benefits. In 2025, Microsoft’s projected revenue growth is $6.29 for every dollar generated through its United Arab Emirates cloud locations, and this figure is expected to increase to $7.99 by 2028.
In addition to economic growth, the Microsoft cloud will contribute to job creation, with an estimated 152,530 new jobs added to the UAE economy over the next four years.
These jobs will be created directly within Microsoft’s organization and indirectly through its partner ecosystem and cloud-using customers.
