UAE: The place to be in the Present and the Future
UAE's National AI Strategy 2031
The UAE National Strategy for Artificial Intelligence is expected to transform UAE into a world leader of AI by investing in people and industries. The strategy targets eight (8) key objectives:
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Build a reputation as an AI destination.
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Increase the UAE competitive assets in priority sectors through development of AI.
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Develop a fertile ecosystem for AI.
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Adopt AI across customer service to improve.
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Attract and train talent for future jobs enabled by AI.
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Bring world leading research capability to work with target industries.
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Prove the data and supporting infrastructure essential to become a test-bed for AI.
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Ensure strong governance and effective regulation.
The UAE sets a clear vision through its AI Strategy, to become one of the world leaders in AI by 2031. Implementing this vision on the ground requires rigorous dedication and clear steps that outline the path for success. Hence, it is essential to set the foundation, the AI Strategy, with clear strategic objectives that outline the initiatives that are essential in achieving the milestones. It is notably worth mentioning that the AI Strategy aligns with the UAE Centennial 2071, to make the UAE the best country in the world by 2071. The AI Strategy will contribute significantly in education, economy, government development, and community happiness through various AI technologies implementations in different sectors to include energy, tourism, trade and education, to list a few.
Dubai Economic Agenda: D33 (2033)
A key goal of the Dubai Economic Agenda (D33) is to double the size of Dubai's economy by 2033 and to consolidate its position among the top three global cities. Dubai Economic Agenda D33 includes 100 transformational projects. D33 has the following six (6) objectives:
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To increase foreign trade from AED 14.2 trillion in the past decade to AED 25.6 trillion for goods and services in the next decade.
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To increase foreign direct investment from an average of AED 32 billion annually in the past decade to an average of AED 60 billion annually in the next decade to reach a total of AED 650 billion by 2033.
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To increase government expenditures from AED 512 billion in the past decade to AED 700 billion in the next decade.
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To increase private sector investments from AED 790 billion in the past decade to AED 1 trillion in the next decade.
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To increase the value of domestic demand for goods and services from AED 2.2 trillion in the past decade to AED 3 trillion in the next decade.
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To generate an annual contribution of AED 100 billion from digital transformation projects to Dubai's economy.