AWS Launches Region in the United Arab Emirates – Consumer Electronics Net consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.
ABU DHABI, 30th August, 2022 (WAM) Amazon Web Services (AWS), an Amazon.com company, today announced the launch of its second Region in the Middle East, the AWS Middle East (UAE) Region.
AWS estimates that its projected spending on the construction and operation of the new Region will support an average of nearly 6,000 full-time jobs annually at external vendors, with a planned $5 billion investment in the local economy through 2036.
The AWS Middle East (UAE) Region will also add an estimated $11 billion.
Abu Dhabi is set to launch its new strategy for blockchain and virtual assets, which is mainly aimed at regulating blockchain and virtual asset activities to comply with global anti money laundering and terror funding rules and regulations.