Dubai has become the Silicon Valley of the Middle East.
That's according to His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
He made the comments during a meeting with the founder of a Dubai-based ad-tech company that was sold for AED 3.3 billion.
Divyank Turakhia successfully sold Media.net to a Chinese consortium in 2016.
The company was founded in Dubai Internet City.

UK's Jaguar Land Rover to cut 4,000 jobs over next two years
Salik renews tolling technology deal for five years
Volkswagen flags 50,000 job cuts across group
UAE tightens anti-fraud rules, sets 24-hour deadline to withdraw fake goods
Apple facing $2.7 billion UK lawsuit over 'unfair' app tracking rules
