Abu dhabi: US tech giant Microsoft announced Monday that it will invest $7.9 billion in the United Arab Emirates from 2026 to 2029, including investments in AI and cloud infrastructure. Microsoft said online that a new AI initiative was launched in 2023 with the encouragement and support of the US and UAE governments, and that the company will invest a total of $15.2 billion in the UAE over seven years as part of this initiative.

According to Anadolu Agency, this includes Microsoft's $1.5 billion equity investment in G42, over $4.6 billion in capital expenses for advanced AI and cloud datacenters in the country, and more than $1.2 billion in local operating expenses and the cost of goods sold. The tech giant stated that from the start of 2026 to the end of 2029, it will spend more than $7.9 billion in the UAE.

Microsoft detailed that this investment will include over $5.5 billion in capital expenses for the ongoing and planned expansion of its AI and cloud infrastructure, with new developments to be shared publicly in Abu Dhabi this week. Additionally, the investment will encompass almost $2.4 billion in planned local operating expenses and the cost of goods sold.

The company also announced that it has obtained export permits to supply the UAE with Nvidia chips. The export licenses, granted in September, were based on "updated and stringent technology safeguards," making Microsoft the first company under US President Donald Trump's administration to secure such permits from the Commerce Department. With these licenses, Nvidia can now export 60,400 more A100 processors, including the more advanced GB300 GPUs.