Technology giant Huawei announced a $15 million investment to promote the use of cloud computing in the Middle East.
The investment, to be deployed over the next three years, will benefit more than 100 small and medium-sized enterprises (SMEs) in developing their cloud capabilities.
“The Huawei Cloud Oasis Program will thus provide truly unique and rewarding offerings to local businesses, while safeguarding the region’s digital future through extensive training opportunities in the cloud arena,” Eric Wan, vice-president of cloud marketing, ecosystem, and partner development at Huawei Middle East said.
Around $7.6 million will be allocated for partner development, more than $2.5 million to be put behind credits and other cloud resources, and more than $4.5 million in marketing support.
The program was announced at a virtual event last week where Huawei gathered key industry players to explore collaboration in building a high-tech ecosystem.
The move comes as the UAE implements a number of initiatives to boost the country’s digital capabilities – similar to many other countries in the Gulf.