The global software giant SAP signed an agreement yesterday with Dubai Silicon Oasis Authority to invest US$450 million (Dh1.6 billion).
The money will be spent over the next four years on a software training and development institute aimed primarily at Emiratis and regional talent.
SAP Mena - a subsidiary of German SAP AG, the world's largest manufacturer of business software - expects to train about 2,000 IT consultants by 2015. The institute will be based at DSOA and hopes to start training its first Emirati candidates within two months.
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