LinkedIn chiefs 'excited' about new Dubai office

02/10/2012 - Dubai Investment News Posted by Neil King
LinkedIn chiefs 'excited' about new Dubai office

Leaders at one of the fastest growing social networking sites in the world are happy to be opening their first office in Dubai.LinkedIn - which has more than 175 million members - has taken on commercial space in Dubai's Internet City and the company's director of global sales strategy Farhan Syed said the firm is "very excited" about the move.He stated that Dubai is widely seen as a "crossroads for global business exchange" and the professional network already has a strong core of members in the Middle East.Indeed, of the five million people who hold a LinkedIn account in the MENA (Middle East and North Africa) region, one million live in the UAE, so it made absolute sense for the organisation to set up a base in Dubai.Speaking at the launch of the new office, Fadi Salem - director of the Governance and Innovation Programme at the Dubai School of Government - said the uptake of social media platforms in the UAE continues to grow sharply."In 2012 strong growth continues, coupled with maturity and yet another shift in usage trends, where a critical mass of users now heavily relying on such social media platforms to develop new business and entrepreneurial initiatives," he remarked."We are witnessing increased opportunities for employment, start-ups and social entrepreneurship leading to the economic empowerment of a large group of youth in the region," Mr Salem added.With members in over 200 countries and territories, LinkedIn is undoubtedly a global phenomenon and the fact that the firm has decided to open a headquarters in Dubai will boost the UAE's profile among investors around the world.There is every chance that the company will continue to expand further in the coming years.Having started out in a living room in 2002, the social network has blossomed and had 2,861 full-time employees around the world as of June 2012.Foreign investors will no doubt be keeping an eye out to see if any other major corporations decide to take up residence in Dubai's impressive Internet City in the near future.