Dubai

Dubai ranks first globally in attracting foreign direct investments (FDI) for artificial intelligence and robotics

March 17, 2019 UAE Business 0

  • The emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers with the most from the European Union and the U.S. — $5.7 billion and $3.9 billion, respectively
  • Annual Investment Meeting (AIM 2019) to highlight strategies and mechanisms for enhancing tech solutions to draw FDIs

Dubai ranked first globally in attracting foreign direct investments (FDIs) for artificial intelligence and robotics; while the UAE ranked sixth in the global Smart Service Index, surpassing the US, UK and South Korea. The Emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers, with the most from the European Union and the U.S. — $5.7 billion and $3.9 billion, respectively. Read more

Dubai and Hong Kong trade and investment networks forge stronger ties in latest agreements

Dubai and Hong Kong trade and investment networks forge stronger ties in latest agreements

March 14, 2019 UAE Business 0

  • MoU signed between Dubai FDI and HKTDC to boost cooperation on Belt & Road Initiative
  • Roundtable discussion held with various DED agencies aimed at enhancing collaboration on future projects
  • Dubai Exports renew strategic collaboration with HKTDC
  • FDI capital inflow from Hong Kong from 2015 to 2018 reach US$75 million (AED 275 m)
  • Real estate, rental and leasing comprise 40%of HK’s FDI capital flows to Dubai

12 March 2019: In line with the efforts to intensify investment and economic relations between two leading global business hubs, top level officials from the Department of Economic Development (DED) in Dubai and Hong Kong Trade and Development Council (HKTDC) have signed new agreements during a strategic meeting, which was held recently in Dubai. The signing ceremonies were followed by a roundtable discussion led by DED and its agencies Dubai FDI, Dubai Exports and Dubai SME. Read more

Cyber Security A Popular Career Choice Amongst Students in UAE and Saudi Arabia - SANS Survey

SANS Survey Reveals Cyber Security as a Popular Career Choice in the UAE and Saudi Arabia

March 14, 2019 UAE Business 0

The latest research from global IT security training company SANS Institute demonstrates that among 14-18-year-olds across seven countries in the Middle East and Europe, the choice of IT (including cyber security) as a career is highest in Saudi Arabia and the UAE (47% and 46% respectively). Of those students who are interested in a career in IT, 49% were specifically interested in cyber security across the EMEA sample of students, with Saudi Arabia and UAE leading the pack at 63% and 58% respectively. Read more