![Crown Prince of Dubai Sheikh Mohammed bin Rashid al-Maktoum (R) in Dubai on 23 March 2002 [RABIH MOGHRABI/AFP via Getty Images]](https://i0.wp.com/www.middleeastmonitor.com/wp-content/uploads/2021/02/GettyImages-51526507.jpg?fit=1200%2C800&ssl=1)
Dubai’s ruler, Sheikh Mohammed bin Rashid al-Maktoum, on Saturday launched a national programme for coders that aims to establish 1,000 tech companies, reported Reuters.
The programme will increase start-up investments from 1.5 billion dirhams ($408 million) to 4 billion dirhams ($1 billion).
The programme, which is in cooperation with big tech firms, including Google, Microsoft, Amazon AWS, Cisco, IBM, HPE, LinkedIn, Nvidia, and Facebook, is aimed at training 100,000 coders and establish tech companies that will go global.
“The new programme represents a new step towards establishing our digital economy. The world is rapidly changing and the fast-growing digital economy will create new types of jobs,” he said on Twitter.
Read: Israel TV network to open office in Dubai, signs major cooperation deals