The German company announced details of its new offices at District 2020
Dubai’s District 2020 has announced that one of its key anchor tenants, Siemens, will grow its presence within its innovation ecosystem and future-proof community – which is set to evolve from Expo 2020 Dubai – following the signing of a 10-year lease agreement for two buildings.
The recently signed agreement will see the German company establish its Dubai operations at District 2020 from mid-2021, after the close of Expo 2020 Dubai.
The lease agreement outlines the establishment of different divisions of Siemens’ business group at District 2020, including the soon to be spun off Siemens Energy. The announcement follows Siemens’ 2017 commitment to establish a global headquarters for its airports, cargo, and port logistics business in District 2020.
The circa 11,000sqm office space will be among the most technologically advanced in the UAE and will serve as a base in Dubai for Siemens and the newly independent Siemens Energy. Approximately 1,000 Siemens employees are expected to work from the two buildings following Expo 2020 Dubai’s transition into District 2020.
The signing ceremony was attended by key representatives from Expo 2020 and Siemens, including HE Reem Al Hashimy, Director General, Expo 2020 Dubai; Marjan Faraidooni, Chief Pavilions and Exhibitions Officer, Expo 2020 Dubai; Dr. Roland Busch, Deputy CEO, CTO, and Member of the Managing Board of Siemens AG; and Michael Bueker, CFO, Siemens LLC & Siemens Middle East.
“The partnership supports our vision to curate an ecosystem that enables cross-industry collaboration between global businesses, ultimately driving their respective industries forward,” said Faraidooni on this occasion.
The agreement also reinforces District 2020’s commitment to curate a future-proof ecosystem underpinned by next-generation digital connectivity, aligning with the UAE’s drive to become a hub for innovation and emerging technologies.
Siemens’ pioneering work in Internet of Things (IoT), cloud computing, and big data will play a key role in optimising the way the city operates and performs, ultimately to benefit the community that will work and live there.
“Our new offices will be some of the most technologically advanced in the UAE, and our decision to call District 2020 home underscores our commitment to investing in the future of Dubai and the region beyond 2020,” remarked Dietmar Siersdorfer, CEO, Siemens UAE and Middle East.
