Dubai Sets Ambitious AI Goals: Sheikh Hamdan Approves Targets to Attract 1,000 Firms and Create 5,000 Jobs

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has unveiled new strategic targets for the emirate's artificial intelligence initiatives. During the opening of the two-day Dubai AI Festival on Monday, Sheikh Hamdan reviewed the plans for the Dubai Artificial Intelligence Campus's new headquarters. The approved targets aim to attract over 1,000 AI companies and generate more than 5,000 highly skilled jobs by the year 2030, according to the emirate's media office. The Dubai Artificial Intelligence Campus is situated at the Dubai International Financial Centre.

"The Campus has attracted more than 500 specialised companies and over Dh1 billion in investment, achieving its targets two years ahead of schedule," Sheikh Hamdan stated on X. He further added, "We have now set our sights even higher, with a new target of attracting more than 1,000 specialised companies by 2030. In Dubai, we continue to raise our ambitions, positioning the city at the forefront of AI and shaping the future of the global economy."