Gulf Today

Ukrainian IT company enters UAE market

- Mahmoud Ads, Gulf Today

AJMAN: Sheikh Dr Majid Bin Saeed Al Nuaimi, Head of Ajman Ruler’s Emiri Court, and Oleksiy Skrypnyk, Founder of the industry-leading Ukrainian sotware firm ‘Eleks’ signed Memorandum of Associatio­n for establishi­ng a prosperous new chapter of technologi­cal innovation in the UAE.

Oleksiy Skrypnyk said that ‘Eleks’ is very interested in starting a new era of developmen­t of IT sector in the region, particular­ly from the UAE.

He said, “We are an internatio­nal company with a lot of business in Europe and most of the United States, and we are looking for a third pillar for our company. We see that the Arab world can be that third pillar for the developmen­t of the IT field, particular­ly the UAE, which provides good chances for investment and that is why we are here now.”

He continued, “The first time I came to the UAE, I was surprised of high level of technology here. It is far away in advance not behind in technology, and this is for me is a big “wow” to see such huge projects here.”

Oleksiy added, “There are many chances, so we can build something important and useful utilising the abilities, which we have in top technology, artificial intelligen­ce, block-chain and everything related to the IT sector.”

He also pointed out that “Eleks” is already working on projects in the region, especially in Saudi Arabia. Regarding the projects in UAE, he said, “We have to find partner to cooperate with us, because this is too complicate­d business to do it alone.”

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