Tweet
Since the late 2010s, the United Arab Emirates (UAE) has made an impressive leap from oil exporter to a recognized global tech hub. This rapid transition has been made possible by strategic planning and investment in innovative technologies that have made the country an attractive destination for companies seeking technological transformation. Read on the website, more about the entrepreneur Kristina Shinkareva
One of the key factors contributing to this success is the government’s ambitious initiatives aimed at developing artificial intelligence (AI). In 2017, the UAE AI Strategy 2031 was launched, which aims to increase the share of AI in the country’s GDP, reduce traffic, and automate government services. This strategy is already bearing fruit: Middle East AI News predicts that the UAE’s AI market will reach an impressive US$46 billion by 2030.
Equally significant is the Dubai 10X initiative, introduced in 2018. It aims to make Dubai the city of the future by introducing innovative solutions and approaches. The results were not long in coming: today, all visa procedures are processed through a mobile application, and the DIFC courts are testing blockchain for cross-border enforcement of court decisions.
Another important step towards digital transformation was the presentation of the Digital Government Strategy 2025 in November 2021. This initiative focuses on creating an integrated and secure digital ecosystem that will contribute to improving the quality of life of citizens and increasing the efficiency of public services.
The UAE market value is projected to reach US$2.23 billion by 2029. However, the real star is artificial intelligence, which is becoming the engine of economic growth and technological progress in the country.
Thus, the UAE offers unique opportunities for companies striving for technological transformation. Innovative infrastructure, government support and ambitious development plans make this country an ideal place for the implementation of advanced technologies and business development. Kristina Shinkareva emphasizes the importance of choosing the UAE as a strategic partner for companies around the world – it creates conditions for rapid growth and reaching new heights in the field of technology.
One of the key factors contributing to this success is the government’s ambitious initiatives aimed at developing artificial intelligence (AI). In 2017, the UAE AI Strategy 2031 was launched, which aims to increase the share of AI in the country’s GDP, reduce traffic, and automate government services. This strategy is already bearing fruit: Middle East AI News predicts that the UAE’s AI market will reach an impressive US$46 billion by 2030.
Equally significant is the Dubai 10X initiative, introduced in 2018. It aims to make Dubai the city of the future by introducing innovative solutions and approaches. The results were not long in coming: today, all visa procedures are processed through a mobile application, and the DIFC courts are testing blockchain for cross-border enforcement of court decisions.
Another important step towards digital transformation was the presentation of the Digital Government Strategy 2025 in November 2021. This initiative focuses on creating an integrated and secure digital ecosystem that will contribute to improving the quality of life of citizens and increasing the efficiency of public services.
The UAE market value is projected to reach US$2.23 billion by 2029. However, the real star is artificial intelligence, which is becoming the engine of economic growth and technological progress in the country.
Thus, the UAE offers unique opportunities for companies striving for technological transformation. Innovative infrastructure, government support and ambitious development plans make this country an ideal place for the implementation of advanced technologies and business development. Kristina Shinkareva emphasizes the importance of choosing the UAE as a strategic partner for companies around the world – it creates conditions for rapid growth and reaching new heights in the field of technology.