In October 2017, the UAE Government launched ‘UAE Strategy for Artificial Intelligence (AI)’. This marks the post-mobile government phase, which will rely on various future services, sectors, and infrastructure projects. The strategy is the first of its kind in the region and the world, and it aims to:
- Achieve the objectives of UAE Centennial 2071
- Boost government performance at all levels
- Use an integrated smart digital system that can overcome challenges and provide quick, efficient solutions
- Make the UAE the first in the field of AI investments in various sectors
The SME sector forms the central nerve of the economy of the Emirate of Dubai due to its flexibility, diversity, and sustainability in businesses. Hence, the Government of Dubai has launched various initiatives aimed at promoting entrepreneurship and SME development.
This commitment to promote entrepreneurship and SMEs is supported and led by our socio-economic stability, openness, and visionary leadership.
Dubai SME seeks to launch a series of initiatives and Programmes that support the development of entrepreneurship as SMEs today represent 99.2% of all firms registered in Dubai, 51% of the labor force, and 46% of the emirate’s GDP. Therefore, this sector has a critical role in achieving and fostering overall development across diverse economic sectors.
Dubai SME as an integrated agency under the Department of Economic Development was developed to be the engine that drives support, information and outreach for the growing small and medium enterprises sector.
At Dubai SME, we know that the hardest part of building your own company from the ground up is knowing where and how to start. As one of the main pillars of Dubai’s economic success, we aim to support entrepreneurs in all phases of their development.
One of the major goals of Dubai SME is to promote innovation and leadership across all segments of the small and medium enterprise sector. With that in mind, we seek to turn your ideas and creativity into successful businesses.
We are in the forefront on AI with our new AI ministry. This is a strategic decision and UAE / Dubai will be early adopters and capitalize on the first move advantage.