Dubai: Eric Wan, Vice President of Alibaba Cloud International and General Manager for the Middle East, Trkiye, and Middle Asia, highlighted the significance of the UAE market for global investment due to its openness and diversity. Speaking at GITEX Global 2025, Wan noted that the UAE provides an ideal environment for international companies to collaborate with both local and global partners.
According to Emirates News Agency, Wan emphasized that the UAE's diverse market is a magnet for large-scale cloud service providers. He pointed out that the country's economic and legislative openness fosters a supportive environment for investments in cloud infrastructure and artificial intelligence (AI). Furthermore, Wan acknowledged the UAE's transparent policies that promote innovation and investment, as well as its strategic position as a global trade hub connecting East and West.
Wan remarked that the UAE and the broader region are among the fastest-growing markets worldwide in the fields of cloud services and AI. He explained that Alibaba Cloud views the regional market as a strategic pillar for its global investment and expansion plans. Wan stated, "The importance of the UAE and regional markets drives us to continue investing and working closely with our local partners and clients to develop talent and empower various sectors to benefit from Alibaba Cloud's infrastructure, products, and AI technologies."
He also mentioned that the company's commitment to the region is reflected in its ongoing strategy, which includes the launch of a second data centre in Dubai and the signing of several Memoranda of Understanding (MoUs) with local partners.