Sheikh Hamdan explores strategic partnership with X Corp CEO to drive UAE's digital transformation
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Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, held a meeting with Linda Yaccarino, CEO of X Corp, at the Executive Office in Emirates Towers to discuss potential long-term partnerships. The meeting aligns with the UAE's goals for ambitious growth and digital transformation, as highlighted by Dubai's Government Media Office.
Expressing enthusiasm for a collaboration, Sheikh Hamdan said, “We are excited to explore how this partnership can create lasting value for both the UAE and X, setting an example for impactful collaboration between a global technology leader and one of the world’s most future-ready nations".
Sheikh Hamdan stressed the significance of X Corp's involvement in the Dubai Economic Agenda D33, which aims to generate Dh100 billion in annual economic value through digital transformation over the next decade.
“X will be a valuable partner to drive the country’s efforts forward”, he said.
Highlighting a shared vision, Sheikh Hamdan noted that X Corp's ambition to evolve into a comprehensive digital hub aligns with the UAE's focus on advanced technologies, including artificial intelligence. “We look forward to strengthening ties with Elon Musk and the leadership team at X, and other global tech leaders to drive the Dubai Economic Agenda D33's goal to consolidate the city’s status as a pre-eminent media and technology hub", he stated on X.
X Corp, which opened its first office in the Middle East and North Africa region in Dubai in 2015, considers the region one of its largest markets. As of mid-2024, the platform had 250 million daily active users.
This development comes shortly after Sheikh Hamdan announced an initiative to train one million individuals in artificial intelligence, following a partnership with Microsoft President Brad Smith at the UAE Government Annual Meetings. This partnership underscores the UAE's commitment to advancing digital skills and supporting its economic transformation goals.