Abu Dhabi—Abu Dhabi will commit up to 1 billion dirhams ($272 million) to support technology start-ups, it said on March 24, in a dedicated hub as part of efforts to diversify its economy.
U.S. tech giant Microsoft will be a strategic partner, providing technology and cloud services to the businesses that join the hub as the capital of the United Arab Emirates continues its push to reduce reliance on oil revenue.
