Dubai ranks first globally in attracting FDI for AI, robotics

Khaleej Times | March 13, 2019

Dubai ranked first globally in attracting foreign direct investments 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 US - $5.7 billion and $3.9 billion, respectively.
These figures were released in connection with the Annual Investment Meeting, which will be held from April 8-10 in Dubai. The organizers of AIM said that digitalization is becoming an increasingly important part of globalization, and the fact that Dubai ranks on the top position for artificial intelligence and robotics confirms that the city is fast emerging as the global destination for investment in smart technologies.

Spotlight

Smart contracts could help revolutionize the derivatives market by creating much-needed efficiencies that would benefit the entire industry. But transforming smart contracts from an exciting concept to practical use will present a number of challenges. From a legal perspective, a number of issues need to be considered.

Spotlight

Smart contracts could help revolutionize the derivatives market by creating much-needed efficiencies that would benefit the entire industry. But transforming smart contracts from an exciting concept to practical use will present a number of challenges. From a legal perspective, a number of issues need to be considered.

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