Dubai Emerges as Regional Hub for Tech Investment Opportunities

Dubai has established itself as the dominant technology startup hub in the Middle East, attracting a growing number of entrepreneurs and investors to the region.

The UAE government recognizes that fostering tech entrepreneurship is crucial for long-term economic diversification away from oil.

Dubai aims to have the number one ranked economy in the world for innovation by 2050

There are also no corporate taxes for over 50 years and a fast track visa program for digital nomads called ‘remote work’ visas.

With supportive policies in place, Dubai has seen technology startups boom within its borders.

Total MENA tech venture deal value hit a record $1.8 billion in Q1 2022 according to Magnitt.