???? | 2024 United Arab Emirates Technology Policy Year in Review
Tahseen Consulting
We're a small team working on big things at the intersection of policy, development, and technology.
With the end of the year here, Tahseen Consulting revisited the #digitaleconomy policies, trends, and notable headlines from 2024. Here are our picks for the biggest #UAE #techpolicy developments:
JANUARY
? $56.6B #Dubai Social Agenda #D33 launched
? Inbound #FDI ▲ 28% defying global trends
? #AI and #AdvancedTechnology Council established
FEBRUARY
? Botim debuts Central Bank of The UAE #Aani #instantpayments
? Dubai Roads and Transport Authority signs exclusive #airtaxi deal with Joby Aviation
? G42 to pivot to West, reduce #China exposure
? #UAE taken off Financial Action Task Force (FATF) gray list
MARCH
? Parkin ’s #IPO raises $429M
? DIFC ’s #digitalassets law comes into force
? Nakheel and Meydan Group consolidated under Dubai Holding Asset Management
? Mubadala , Uber back #mobility #fintech Moove at $750M valuation as OCN nips on heels in key markets
APRIL
? Virtual Assets Regulatory Authority [VARA] issues license to Crypto.com
? G42 to get $1.5B 微软 investment
? Bayanat Smart Solutions , Yahsat Space Services merge to form Space42
? #Dubai announces the Universal Blueprint for #AI
MAY
? DUBAI FUTURE FOUNDATION launches the One Million Prompters initiative
? Mubadala sells its $950M #GlobalFoundries stake
? Emirates Development Bank (EDB) and Ministry of Industry & Advanced Technology | ????? ??????? ???????????? ???????? launch a $100M #AI innovation program
JUNE
? Virgin Mobile UAE and #UAEPass launch the 1st fully #digital #eSIM onboarding
? Central Bank approves #stablecoin licensing, oversight
? Brookfield -led consortium invests in GEMS Education
? Magnati , Al Etihad Payments to accept #Jaywan
? Central Bank unveils #OpenFinance Regulation
JULY
? #Dubai targets $177B in #FDI with $6.8B FDI Development Program
? G42's #AI deal with Microsoft raises security concerns
领英推荐
? Network International enables #UPI payments at 60,000 merchants
AUGUST
? #EV charging fees to be unified
? New federal #AML / #CFT committee formed
? Loft Orbital , Marlan Space announce satellite manufacturing JV
SEPTEMBER
? Telemarketing regulations issued to stop unsolicited calls, #realtor harassment
? Mubadala moves to take full control of #qcommerce #startup Getir
? Dubai Virtual Assets Regulatory Authority [#VARA] tightens #crypto marketing rules
OCTOBER
? Wynn Resorts gets 1st gaming operator's license
? 1M+ users, 80,000 merchants join #Aani #instantpayments platform
? e& and Amazon Web Services (AWS) sign a $1B+ cloud deal
NOVEMBER
? talabat raises $2B in world's largest tech #IPO
? Aristocrat , Smartplay International, Inc. , PayBy get 1st gaming vendor licenses
? Dubai starts work on #vertiport targeting a 2026 #airtaxi launch
? Abu Dhabi Securities Exchange hits $1T market capitalization for 1st time
DECEMBER
? noon on on track to be the largest delivery company
? MNCs with $790M+ in global revenue to pay 15% minimum top-up tax from 1/2025
? Central Bank’s #Nebras national #openfinance / #eKYC platform approved
? Abu Dhabi Investment Authority (ADIA) becomes the only #MENA #SWF with $1T+ AUM
? Strong 2025 #IPO pipeline - Etihad , dubizzle , Alpha Data etc. potentially listing
In case you missed it, here are all of our 2024 year-end wrap ups …
???? | UAE ? https://www.dhirubhai.net/pulse/2024-united-arab-emirates-technology-policy-year-review-ncdhf
???? | Saudi Arabia ? https://www.dhirubhai.net/pulse/2024-saudi-arabia-technology-policy-year-review-tahseen-consulting-hsqhf
???? | Egypt ? https://www.dhirubhai.net/pulse/2024-egypt-technology-policy-year-review-tahseen-consulting-9k3yf/
Operator and advisor at the nexus of policy, technology, development, and venture, early-stage investor and adventure capitalist, advised 11 ??, support Big Tech and startups to get along with emerging market governments
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Operator and advisor at the nexus of policy, technology, development, and venture, early-stage investor and adventure capitalist, advised 11 ??, support Big Tech and startups to get along with emerging market governments
2 个月Anthony El-Khoury Ghassan Haddad Sa'ed Gossous Walied Albasheer Mark Firth
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