February 8, 2023

Assessing everything after the UAE government confirmed the nation would become an international hub for business, innovation, and tech.

Few governments globally understand the economic & social advantages of technology and take a massive step of actively backing its advancement. However, the United Arabs Emirates is different – a truly innovative country. The nation believes in the possibility of a game-changing effect of technology on its citizens, economy, and presence worldwide – perhaps in its future pursuit.

The UAE focuses on the future as it acknowledges that diversification is the backbone of a young country’s sustainability. While it continues to innovate the energy sector (UAE is a leading part of the sector), the nation views digital advancements as the road to future prosperity.

If you haven’t followed this development, you may check what the United Arabs Emirates is doing in multiple primary disciplines – Artificial Intelligence (AI), metaverse, blockchain, and coding.

The Path Less Travelled

Engineering and medicine have dominated safe trade in most nations globally over the past decades. While these aspects remain valued and needed, there’s a massive shortage in the rapidly evolving and progressive world of technology. For instance, the United States Labor Department predicted that the number of software engineers global need will hit 85.2 million by 2030.

Developers, techies, coders – whichever way you will call them – remain the hot commodity within the recruitment world. The UAE seems to accept this more than most nations, acknowledging that building full tech, whether AI, metaverse, or blockchain, needs technical experts.

The shortage means the need for new initiatives to attract new developers into the industry. The United Arab Emirates leans hard on the notion. For instance, it partnered with over 40 companies globally and in the UAE in 2022 to launch the highly determined Coders HQ.

This transformation project wants to create the first generation of coders, giving them the education, technology, and tools they need to prosper. Moreover, it will equip them to ensure solutions to global and local challenges. It is a brilliant move, and it’s already showing the impact on the nation’s growing status as an innovation and tech powerhouse.

Joining the Blockchain Craze

Blockchain technology has justified the hype surrounding it. Early cryptocurrency investments have transformed the lives of many. Nevertheless, the market’s massive volatility prompted different regulatory frameworks and concerns globally. Thus, most nations are reluctant to embrace it. However, not the United Arabs Emirates.

The country’s progressive outlook on innovation and digital finance remains well-documented. The UAE authorized crypto assets in 2017. Meanwhile, crypto is only a part of what blockchain has. The decentralized, ledger-based, disruptive technology boasts more, from smart contracts to non-fungible tokens (NFTs).

The UAE also recognized AI’s potential and formed an inclusive strategy to support its growth in the coming ten years. Assessing the effect of technology could be challenging, but AI & machine learning can analyze and process data quicker than no-digitally assisted individuals can perceive.

A Thriving Future

Considering the current global challenges, blockchain, AI, metaverse, and coding might appear like pieces in a massive puzzle. However, the disguising truth is they are solutions. Meanwhile, the UAE government continues pursuing to be an international hub for business, innovation, and tech. The next tech generation will explore everything from long-term challenges like climate change to office efficiency.

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