The UAE's economic diversification is heavily reliant on building a world-class digital foundation for businesses and residents. This basket offers exposure to the international technology and hardware companies that supply the essential infrastructure for this national project.
Published on November 12
The UAE is actively building its digital future right now, creating massive demand for the technology infrastructure these companies provide. You're watching a country's economic evolution unfold.
These aren't just any tech companies - they're the world's top suppliers directly powering one of the most ambitious digital transformations happening today.
With sovereign wealth funds and government partnerships involved, these companies have the backing of one of the world's most forward-thinking nations committed to technological advancement.
The UAE is strategically pivoting from oil dependency to become a global technology hub. This transformation requires world-class digital infrastructure from cloud computing to 5G networks. We've identified the international companies supplying these essential building blocks for the nation's ambitious digital future.
This group focuses on established global leaders in critical technology sectors including cloud services, semiconductor manufacturing, and networking equipment. These companies are directly involved in powering the UAE's rapid economic development and integration into the global digital landscape.
Each company was handpicked based on their direct involvement in the UAE's digital infrastructure projects. From Microsoft's Azure data centres in Dubai to Nokia's 5G networks, these firms are the key suppliers enabling the country's technological transformation and economic diversification.
This basket's total market capitalisation is 3,883,492.55 and is overwhelmingly anchored by a single very large-cap holding. That concentration tends to lend a more stable, lower-risk profile and broader-market-like behaviour compared with small-cap-heavy baskets.
MSFT: $3.78T
NOK: $38.09B
ERIC: $33.28B
Get the full story on this Basket. Read our detailed article on its risks and potential.
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Part of Exinity Group 2015, serving over a million customers globally.
Earn 6% AER on uninvested cash with daily interest payments.
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Here are a few of the assets in this group. Create an account to unlock the full list.
MICROSOFT CORP
MSFT
Current Price
$490.69
The company operates major cloud infrastructure with its Azure data center regions in Dubai and Abu Dhabi, powering digital transformation across the ...
The company operates major cloud infrastructure with its Azure data center regions in Dubai and Abu Dhabi, powering digital transformation across the United Arab Emirates.
NOKIA OYJ ADR EACH REPR 1 ORD NPV
NOK
Current Price
$10.34
Nokia provides critical 5G networking equipment to major United Arab Emirates telecom operators, including Du, forming the backbone for the nation's a...
Nokia provides critical 5G networking equipment to major United Arab Emirates telecom operators, including Du, forming the backbone for the nation's advanced digital network.
ERICSSON(L.M.)(TELEFONAKTIEBOLAGET) ADR EACH REP 1 ORD'B'SEK1
ERIC
Current Price
$10.34
Ericsson is a key supplier of 5G radio access network (RAN) technology to telecom operator Etisalat (e&) in the United Arab Emirates, modernizing the ...
Ericsson is a key supplier of 5G radio access network (RAN) technology to telecom operator Etisalat (e&) in the United Arab Emirates, modernizing the country's mobile network.
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Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.
If you invested across these assets:
In 12 months it might be worth:
+5.39%
On average, analysts expect assets in this group to grow 5.39% over the next year.
5 of 6 assets in this group are rated Buy by professional analysts.
