Siemens has signed a 10-year lease agreement to set up operations in Expo 2020 Dubai's District 2020.
The German company has been looking at ways to enhance its presence in the emirate's market.
Around 1,000 company employees are expected to work from the two buildings allocated for Siemens in District 2020.
Once the six-month-long event comes to an end, the area will be turned into residential, commercial and cultural neighbourhoods.
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Dubai Holding announces Microsoft collaboration ahead of major AI shift
Dubai Holding has announced a collaboration with Microsoft to embed artificial intelligence (AI) at the core of its future operations.
Abu Dhabi Ports Group awarded AED735 million container terminal contracts
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Dubai Customs ‘Green Corridor’ handles surge in trade amid shipping disruption
Dubai Customs said on Sunday a trade corridor launched with Oman earlier this year has processed nearly AED8 billion worth of goods in a single month as regional shipping disruptions continue to affect supply chains.
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