The United Arab Emirates (UAE) is embarking on an ambitious plan to position itself as a global tech investment hub by issuing 100,000 golden visas to top programmers. This initiative aims to attract and retain top talent in the tech industry and propel the UAE’s digital economy forward.
The country has set a target of doubling the contribution of its digital economy to the national GDP, with a strong focus on investment in artificial intelligence (AI) and software development.
UAE’s Vision for a Global Tech Hub
To drive this vision, the Dubai Chamber of Digital Economy recently organized a workshop that brought together key stakeholders, including top executives, business leaders, experts, and entrepreneurs. The workshop centered around software development and AI, providing a platform to discuss the opportunities and challenges in these fields.
The UAE aims to establish itself as a global leader in AI by 2031, with specific priority sectors identified, such as real estate, resources, energy, logistics and transport, hospitality, healthcare, and cybersecurity.
To achieve its objectives, the UAE has developed the “UAE Digital Economy Strategy” with the goal of increasing the digital economy’s contribution to the country’s GDP to 19.4 percent within the next decade. The Dubai Chamber of Digital Economy plays a pivotal role in driving this strategy forward and solidifying Dubai’s position as a prominent hub for AI and software development.
By attracting top programmers through the golden visa initiative and fostering an environment conducive to technological innovation, the UAE aims to create a thriving ecosystem that will attract global tech companies and investors.
The country recognizes the transformative power of AI and software development and aims to harness these technologies to drive economic growth, enhance efficiency in various sectors, and maintain a competitive edge in the global marketplace.
The UAE’s commitment to nurturing its digital economy and establishing itself as a global tech hub reflects its forward-thinking approach and determination to embrace the opportunities presented by the digital age.
As the country moves forward with its ambitious plans, it is expected to become a magnet for top tech talent and a hotbed of innovation, further bolstering its position as a global leader in the digital realm.
The UAE plans to issue 100,000 golden visas to attract elite programmers and position itself as a global tech hub. With a focus on AI and software development, the country aims to double the digital economy’s contribution to GDP. The strategy involves fostering innovation, attracting global tech companies, and maintaining competitiveness in the digital age.