Hamdan bin Mohammed approves plan to attract over 1,000 AI firms and create 5,000-plus jobs by 2030
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, Chairman of the Board of Trustees of the Dubai Future Foundation, and Chairman of the Higher Committee for Future Technology and Digital Economy, today approved a new strategic target for Dubai AI Campus to attract more than 1,000 AI companies and create over 5,000…
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Deputy Prime Minister, has endorsed a strategic plan for Dubai AI Campus. The goal is to attract over 1,000 AI firms and generate more than 5,000 high-skilled jobs by 2030. This announcement came during the third edition of the Dubai AI Festival, which began today at the Dubai World Trade Centre.
The festival is set to run until October 27, 2026, and is drawing international attendees, including policymakers and entrepreneurs. Sheikh Hamdan, who toured the festival, praised the progress of Dubai AI Campus, which has already surpassed its initial targets, attracting over 500 AI companies and creating 2,000 specialized technology jobs.
The new campus building, set to be the world's first purpose-built facility of its kind, will serve as a central hub for AI development and innovation, reinforcing Dubai's position as a leading hub for AI technology and economic growth.
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