His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has praised the first unicorn UAE-based technology company to be listed on the New York Stock Exchange.
Sheikh Mohammed highlighted the significance of the move in a social media post.
His Highness said, "Our digital economy is growing and will remain an integral part of our exports globally."
The Dubai Internet City-based Yalla Group is a voice-centric social networking and entertainment platform.
It's the largest company of its kind in the MENA region based on 2019 revenue.
From Dubai Internet City, the social networking platform “Yalla Group” is the first unicorn UAE-based technology company to be listed on the New York Stock Exchange. Our digital economy is growing & will remain an integral part of our exports globally. pic.twitter.com/0LGkOA3LYw
— HH Sheikh Mohammed (@HHShkMohd) September 30, 2020
UAE pushes for South America trade deal at Mercosur Summit
UAE-Ukraine CEPA takes effect, boosting economic ties
UAE looks to deepen Panama ties as trade jumps nearly 50%
Al Tayer calls for global action on critical minerals to power clean energy transition
UAE, US strengthen economic and financial partnership during Washington talks
