UAE is Attracting Global Innovators in AI Sector
Officials from AI sector have emphasized the pivotal role played by the United Arab Emirates (UAE) and Dubai in attracting global innovators, startups, venture capital, and industry leaders across various digital sectors in the Middle East.
During a dialogue session held at the Dubai International Financial Centre, these global company representatives highlighted the significance of launching “Dubai AI & Web 3 Festival.”
A Leading Global Platform
This event, hosted in Dubai, reflects the UAE’s commitment to spotlighting future technologies.
By creating a global platform, it aims to stimulate regional growth and open new markets for AI applications, leveraging technology and innovation.
Nader Al Bastaki, the General Manager of Dubai Future District, stressed the importance of awareness and trust-building within the AI sector.
He emphasized the role Dubai plays in shaping the future of AI in the region through discussions with stakeholders.
“Dubai AI & Web 3 Festival” serves as an ideal platform for stakeholders worldwide to enhance awareness and readiness regarding AI sector developments and future prospects.
Heath Behncke, General Manager of Holon, highlighted Dubai’s openness to all AI companies.
Initiatives are designed to accelerate AI adoption across critical sectors and provide an optimal environment for global AI talent and advanced applications.
Addressing AI-related Concerns
The festival offers a unique opportunity to envision the challenges and opportunities associated with the AI sector.
The UAE is contributing significantly by creating new opportunities and markets in the Middle East.
Sustainability, green data, and building trusted partnerships to address AI-related concerns are key focuses.
Patrick Eriksson, Director of Data Technology and Delivery at ZenTech, praised the UAE’s role as a global hub for innovation and development.
By bringing together global AI companies with a shared goal—studying available opportunities and policymaking—the Dubai AI & Web 3 Festival facilitates knowledge exchange and a unified voice to demystify AI and its implications.
It also provides the necessary tools for individuals and companies to utilize AI solutions effectively.
AI Adoption
Peter Oganesian, General Manager for the Middle East and East Africa at HP, emphasized that cybersecurity and sustainability play crucial roles in AI development.
The festival represents a genuine opportunity to unleash AI potential.
It also empowers individuals and companies to express their opinions, and equips them with the necessary tools for future AI adoption.
Saqer Areeqat, CEO and Market Director of TradeDog, praised Dubai’s initiatives, including hosting Dubai AI & Web 3 Festival.
The #Museum_of_the_Future is an architectural and cultural marvel coming from the future, changing the concept of traditional museums by using the latest innovative technologies. The building reflects a new concept different from the tall buildings in most cities of the world. pic.twitter.com/vZjXBKeQEd
— UAE Voice (@uae_voiceeng) August 8, 2024
The event, scheduled for September, will bring together AI sector top leaders in one place.
Anticipated to attract over 100 exhibitors and more than 5,000 participants.
It will also drive dialogues on the future of AI and Web 3.