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What Makes Dubai A Technology Hub?











Dubai has always been famous for being the city of the future and the dream city for every traveler and every tourist wanting to see the latest technology mixed with authentic oriental customs. Dubai is distinguished for being a global center for technological development and a hotspot for the emergence of technology companies and software development, but this matter did not come by mere coincidence.

It all started with the UAE's view of attracting international tourism to Dubai by building tall buildings, skyscrapers and towers, which include the most luxurious hotels that offer all means of entertainment, Arab casinos and entertainment events that would attract any tourist around the world. The construction of the tallest towers in the world and the creation of artificial islands has accelerated the process of opening up to the world. After that, Dubai has emerged in the field of technology and technical development represented by the following factors.

Freepik

Advantages of establishing a business in Dubai

Perhaps the most important reasons for international companies to go to Dubai are the laws that allow easy establishment of business in the emirate, which distinguishes Dubai from other countries in the world. These laws include:

  • No personal income tax.
  • No corporate tax for 50 years.
  • No customs on import and export.
  • Non-restriction of currencies and capitals.
  • Ease of starting a business and obtaining the necessary licenses.
  • All these factors encouraged various companies around the world to establish their headquarters in Dubai, to become at the heart of technological development and close to the rest of the international companies in a safe practical environment.
  • Embracing Expo 2020

In 2013, Dubai was awarded the honor of hosting Expo 2020, an event that brings together the most prominent technology, development, software, artificial intelligence and science pioneers in one place. Thus, Dubai benefited from the presence of all these leading companies in technology in the same place and time and provided the best investment opportunities to establish business, making Dubai a hub that embraces the best global technologies.

The companies participating in the event also benefited from achieving strategic partnerships with the Dubai Emirate and with various companies and technology providers in Dubai, which would advance the technical development in Dubai.

Leadership in the field of 3D printing

In Dubai, you can find the Office of the Future, the first office built entirely using 3D printing technology. Built in 2016 using a giant 3D printer, the office is the center of the Dubai Future Foundation. The emirate has also set the necessary plans to make 25% of the buildings in Dubai constructed using 3D printing technology by 2030.

Appointment of a Minister for Artificial Intelligence

Early in 2017, the UAE appointed the first Minister of Artificial Intelligence to supervise the development of plans for the development of government institutions in accordance with the latest global technological developments. The UAE is also investing heavily in this ministry to advance the technical solutions provided by the country and to work on technologies that put the UAE at the forefront of the world.

This ministry contributes to the development of the advanced digital economy in Dubai, and contributes to the development of the gross domestic product. The Minister of Artificial Intelligence also sets the basic references for remote work programs that are of interest to all companies located in Dubai.

Formation of the Dubai Digital Authority

The Digital Authority was established in Dubai to supervise the transformation of government and private institutions into a digital work protocol free from the usual bureaucratic transactions. As the Authority aims to reach a work environment free of paper transactions and to rely entirely on digital transactions that would preserve the environment, accelerate business and process requests.

The Dubai Digital Authority has set many initiatives and foundations on which the authority's agenda is based, including support for startups, the Data First initiative, the development of blockchain technology, the reduction of paper transactions, and the artificial intelligence laboratory. All these things contributed to the advancement of technology in the Emirate of Dubai and making it the most important technological center in the world.

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