Microsoft to invest over US$15 billion in UAE as it secures US export licences for Nvidia chips

Microsoft Corporation has announced plans to invest approximately US$15.2 billion in the United Arab Emirates (UAE) between 2023 and 2029, largely aimed at expanding AI‑ and cloud‑infrastructure in the Gulf state, according to company filings and executive statements. In tandem, Microsoft disclosed that it has obtained U.S. export licences under the United States Department of Commerce … Continue reading Microsoft to invest over US$15 billion in UAE as it secures US export licences for Nvidia chips