Dubai, Jan 22 The USbased networking and communications technology major
Cisco has announced a plan to invest up to $1.59 billion in information
technology projects in the United Arab Emirates (UAE), WAM news agency reported
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The announcement was made Monday by John Chambers, Cisco chairman and chief
executive officer, at a meeting with Mohammad Al Gergawi, UAE Minister of State
for Cabinet Affairs.
As part of this investment, Cisco would open a new regional headquarters in
Dubai in April 2008. It would host one of Ciscos advanced customer briefing
centres allowing it to showcase the latest innovations in Internet Protocol (IP)
networking technology such as Cisco TelePresence.
This investment demonstrates our continued, longterm commitment to the UAE.
The vision of the countrys leadership has allowed it to transition quickly to a
connected world, Paul Mountford, president, emerging markets Cisco said.
Unburdened by legacy technology, the UAE is able to deploy the most advanced IP
solutions, placing the country at the forefront of the Internet economy, he
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