Business Setup In Dubai Silicon Oasis Authority
DSO is an integrated free zone technology park that was established in 2004 and is wholly owned by the Government of Dubai. DSO covers an area of 7.2 million square meters and is divided into five pillars, based on industrial, commercial, education, living and residences, and public facilities.
DSO principally supports and accommodates businesses and services in the technology sector. Companies located in DSO include: Orange Business Services, Fujitsu, Schneider Electric, Western Digital, Henkel, 3W Networks, and Wavetec among many others. In 2017, companies operating out of the technology park grew from 2,120 in 2016 to 2,459 marking an increase of 16 per cent. Among the companies based in Dubai Silicon Oasis, 37% are from the Middle East and Africa, 23% are from Europe, 33% are from Asia, and 7% are American. 82% of these companies are specialized in technology while 18% focus on commercial services and other service sectors.
In 2015, DSOA established the Dubai Technology Entrepreneur Centre (DTEC), the largest technology incubation centre in the Middle East. In 2017, Dtec – the wholly owned technology incubation centre by DSOA – successfully attracted more than 813 start-ups from 70 countries marking an increase of 25% compared to 650 startups in 2016. Dtec aim is to develop young entrepreneurs in the technology, digital Islamic economy and Arabic content sectors.
The Dtec based startup companies are distributed by country, where 32% originated in the Middle East and Africa, 41% from Asia, 15% from Europe, 5% from the United States and Canada, as well as 5% from the GCC region, and 2% from Australia.
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