Dubai Internet City (DIC) (Arabic: مدينة دبي للإنترنت) is an information technology and business park created by the Government of Dubai as a free economic zone and a strategic base for companies targeting regional emerging markets in Dubai, United Arab Emirates. DIC presently has over one and half million square feet of prime commercial office space, in which over 1,400 companies with over 10,000 workers are based. There are 25 low, mid, and high-rise office structures in the area. The economic rules of DIC allow companies to avail themselves of a number of ownership, taxation and customs related benefits which are guaranteed by law for a period of 50 years. One model of operation includes 100% foreign ownership, similar to those prevailing in other designated economic zones in the United Arab Emirates. These freedoms have led many global information technology firms, such as Facebook, LinkedIn, Google, Dell, Intel, Huawei, Samsung, SAP, Microsoft, IBM, Oracle Corporation, Tata Consultancy, 3M, Sun Microsystems, Cisco, HP, Nokia, Cognizant, Accenture, and MicroStrategy as well as UAE-based companies such as Ducont, to move their regional base to the DIC. DIC is located adjacent to other industrial clusters such as Dubai Media City and Dubai Knowledge Park (formerly Dubai Knowledge Village). More information...
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