Microsoft to add more than $18bn to Qatar’s economy within 5 years, says top executive

Microsoft to add more than $18bn to Qatar’s economy within 5 years, says top executive
Microsofts' cloud services are used in more than 70 public and private Qatari companies (Shutterstock)
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Updated 06 September 2022
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Microsoft to add more than $18bn to Qatar’s economy within 5 years, says top executive

Microsoft to add more than $18bn to Qatar’s economy within 5 years, says top executive

RIYADH: Microsoft Qatar is expected to add over $18 billion to the country’s economy and create 36,000 jobs in five years with the launch of its global cloud data center.

The project aims to enhance Qatar’s digital transformation and provide the largest number of cloud services in the company’s history, Microsoft’s country manager for Qatar Lana Khalaf, told CNBC Arabia.

She pointed out that the company’s cloud services are used in more than 70 public and private Qatari companies for the sake of development and innovation.

Khalaf added that around $20 billion will be invested in the next five years in the cybersecurity sector.