The UAE's AI Strategy
The UAE’s ambitious plan to invest in AI is not just a long-term vision, it’s already in full swing. Government-led initiatives like the Artificial Intelligence and Advanced Technology Council (AIATC) and the National Program for Artificial Intelligence are setting the stage for an AI-driven future. These efforts are complemented by private sector investments from some of the region’s most prominent players, including G423 and MGX4.
AI is expected to contribute 14% to the UAE’s GDP by 2030, a staggering $100bn. This forecast isn’t just a projection, it’s a reflection of the country’s commitment to fostering innovation and creating a thriving tech ecosystem.
What Does This Mean for Entrepreneurs and Investors?
As the UAE accelerates its AI-driven economic transformation, opportunities for investors are multiplying. The country’s vision isn’t just about integrating AI into existing industries, it’s about creating new industries and new revenue streams. The demand for AI-powered solutions in sectors like healthcare, finance, and logistics is growing, and Dubai is at the heart of this demand.
Many high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals are already looking to technology-driven investments to grow their wealth. This trend is a clear indicator that AI is no longer just a buzzword, it’s becoming an essential pillar of global investment strategies. As AI reshapes the financial landscape, entrepreneurs from around the world are being drawn to Dubai to take part in this transformative shift.
Benefits of Business Setup in Dubai
The UAE’s friendly business environment, coupled with its strategic focus on innovation, makes Dubai the perfect destination for entrepreneurs looking to build and scale their businesses. The city’s infrastructure, world-class talent pool, and commitment to fostering AI and tech-driven growth set it apart as a global leader in the AI race.
Dubai is already ranked among the top 10 AI cities globally, and with an additional $100bn projected to come from AI-driven economic activity by 2030, the city is on track to become an even more dominant force in the sector.
Add to this the UAE’s strong commitment to collaboration, as seen with recent partnerships like the $30-$50bn AI data centre project with France, and you can see why Dubai is attracting massive capital and top-tier talent from around the world.
For international entrepreneurs, the timing couldn’t be better to set up in Dubai. The market is booming, the infrastructure is world-class, and the government is actively supporting AI and tech initiatives.
Dubai offers unmatched benefits for entrepreneurs looking to expand their reach in the Middle East and beyond. From strategic location to tax incentives and access to a global talent pool, Dubai is a thriving ecosystem designed to foster business success.
Ready to take a Step Forward?
For a smooth and efficient business setup, partnering with a Free Zone community like IFZA is your best choice. IFZA is renowned for its expertise in business formation, offering a comprehensive range of services to guide entrepreneurs through every step of the process. From license applications to corporate banking assistance, IFZA ensures a seamless experience from start to finish.
With IFZA, you can:
- Choose from thousands of business activities.
- Combine both commercial and professional activities under one license.
- Access ongoing support, including medical insurance, recruitment services, and more.
By leveraging IFZA’s international network of professional partners, you can benefit from expert guidance at every stage of the process. And the best part? You don’t even need to be physically present in the UAE to complete your business setup.
