The UAE is quickly emerging as a global power not only in oil, but much more! With its sights set on 2035, the UAE is actively and substantially building a future that depends on innovation, clean energy, smart infrastructure, and digital transformation.
Tech Revolution – AI and the Future
The UAE is developing the largest AI ecosystem in the region. The Stargate UAE project is being launched in partnership with OpenAI and G42. In sectors such as government, healthcare, education, and logistics, AI is gaining traction and becoming omnipresent. In addition to accelerating development across AI sectors, the UAE is also working on building AI models for the Arabic-speaking world. This will help the UAE continue its emergence as a leader in the area of digital growth while taking a smart approach to developing the local Arabic-speaking market.
Clean Energy for a Green Future
Masdar and the world’s largest solar plant (Al Dhafra) are located in the UAE, which is why they are investing heavily in green energy. The UAE was the first country in the region to commit to net-zero emissions by 2050. Major government funding is also being dedicated to investing in hydrogen fuel, carbon capture technology, and enabling electric travel.
Real Estate and Future Cities
Dubai and Abu Dhabi have emerged as iconic real estate investment locations around the world due to a great return on investment. Mega projects like the Dubai Creek Tower, the Palm Jebel Ali, and smart cities based on “The Line” are changing the skyline. Every new project now includes not only smart technologies but also sustainable infrastructure.
Tourism and a Lifestyle Economy
Dubai today is in the top five most-visited cities in the world. There are continually new hotels and resorts offering luxury at every price level, global festivals of all sorts, and there is almost constant entertainment and sporting events. New visa rules provide a pathway for long-stay guests, remote workers and digital nomads into the UAE.
Finance and Investment Leadership
The UAE is being established as a larger financial hub with zones like the Abu Dhabi Global Market and the Dubai International Financial Centre. With incredibly low taxes, low barriers to business formation, and strong legal security, global investors are flocking to the UAE. The country has a leading position in digital currencies and concurrently has made and is making economic use of its sovereign wealth funds.
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