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Cisco to invest $1.6bn in UAE
- United Arab Emirates: Tuesday, January 22 - 2008 at 07:07
US-based networking and communications technology giant Cisco has announced that it will invest over Dhs5.8bn ($1.6bn) to develop information and communication technology in the UAE over the next five years, reported Gulf News. The company will build Cisco's Global Centre for Connected Real Estate, where it will highlight what it has learned about networking homes, businesses and other types of real estate in Dubai. It will also expand the number of Cisco Networking Academies currently in the UAE by 20, bring the number to 59.
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Jeff Florian, Senior ReporterTuesday, January 22 - 2008 at 07:07 UAE local time (GMT+4)
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