AI and Web3 enterprises drawn to Dubai's subsidized landscape

postedΒ  15 Aug 2023
Photo - AI and Web3 enterprises drawn to Dubai's subsidized landscape
Dubai is launching an aggressive campaign to attract tech giants in artificial intelligence and Web3, offering hefty subsidies that could cover as much as 90% of commercial licensing fees.

The Dubai International Financial Centre (DIFC) has been assigned the duty of issuing these licenses, and its executives look forward to engaging foreign businesses and investors with optimism.

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