The Dubai International Financial Centre (DIFC) and telecom giant Du have signed a new partnership agreement to adopt the next generation of technology that will aid the rising trend of remote working. The deal will be implemented in the coming months.
Following the deployment of a 5G network in the Dubai International Financial Centre (DIFC), Du, a unit of Emirates Integrated Telecommunications Company (EITC), will adopt a variety of sustainable and innovative technologies within the financial hub.
The deal specifies that some internal office spaces within the DIFC would be updated to 5G standards, making them one of the first business entities in the country to benefit from the technology. According to a statement, “supersonic” data transfer and wireless capabilities will support digital banking platforms, payments processes, and digitally-enabled parking and energy solutions, with innovative data and analytics tools also integrated for seamless continuity, as well as digital parking and energy solutions.
The agreement was signed between Arif Amiri, CEO of DIFC Authority, and Fahad Al Hassawi, CEO of EITC.
“DIFC’s strategic partnership with Du will help to address the communication needs of our community, visitors and wider organisation through technological advancement. Working with key partners in the region such as Du aligns with our vision to drive innovation and shape the future of finance.”Arif Amiri, CEO, DIFC Authority
“As digital transformation continues evolving with tremendous haste, today’s emerging technologies are key to realising aspirations for businesses and industries alike and ultimately securing foundations key to long-term sustainability. Therefore, Du’s partnership with DIFC will leverage the latest cutting-edge smart services at our disposal to drive innovation and accelerate DIFC’s transition to the new, technology-driven era.”Fahad Al Hassawi, CEO, EITC
In response to the growing pandemic, individuals and organizations are advancing their digital agendas and adopting more flexible working arrangements, and the new effort will meet their requirements and expectations.
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