UAE is expecting high for the latest adoption of knowledge-based economy. An important part of this new strategy is the education sector, especially related to science and technology. AI (artificial intelligence) is the most modern technology in science. In past few months, UAE has adopted several policies to grow AI technology and science sector in the country.
Inclusion of first operational robot police officer, mission to Mars and 10 year residential visas for professionals and talented persons in scientific field are few such measures taken by UAE for growth of this field in the country. According to latest reports, this policy is proving quite successful and companies related to AI are growing rapidly in the kingdom. It is also increasing efficiency in government departments and private companies.
According to a recent report, wide scale adoption of AI will boost UAE’s GDP by $96 billion in 2030. There are several reasons that will cause this growth in GDP via rapid use of AI. Advancement in AI will boost UAE’s economy in several ways including optimizing cost, increase efficiency, better prediction of patient’s treatment, better management of mega events etc.
This report and other advantages provided by AI clearly signal that the future of AI and other scientific technologies in UAE is very bright. The rulers of country are completely aware about the importance of this sector and supporting it extensively for consistent growth of economy and better management of services.
Currently, many government departments, banks, financial institutes, private organizations etc. are using this latest technology on smaller scale and its effects on their performance are quite positive. On seeing the success of AI and its support by the government, it is expected that the scope of AI will increase several folds in UAE in coming years.
It means that good time is ahead in UAE for companies providing such technology. These companies can easily boost their business in the country due to its high demand and complete support by government. Such companies can easily be established in both mainland and free zone areas in UAE.
If you want to utilize this opportunity according to its maximum potential, then we at Riz & Mona can assist you in setting up your business in both mainland and any of the 45 free zones present in all the emirates of UAE. You can contact us via our WhatsApp # 971-56-9971225 or email address [email protected]