- October 31, 2022
- Posted by: Waqas Siddiqui
- Category: Business & Economy
GITEX Technology Week 2022 Reposition Dubai as a Future Global Innovation Hub
Dubai – The 42nd edition of GITEX Technology week recently concluded at the Dubai World Trade Centre with the aim of uniting international hi-tech industry innovators and global investors. The event received an overwhelming reception with more than 1,400 exhibitors and 138,000 visitors. The event featured a global lineup of companies and startups showcasing innovative solutions across the metaverse, artificial intelligence (AI), Web3, blockchain, 6G, cloud computing, fintech and big data.
GITEX Technology Week 2022 – Key Highlights
GITEX Technology week featured the public takeoff and landing of the fifth-generation Chinese Xpeng X2 ‘Flying Car’ in Dubai. The firm intends to take a share of the Electrical Vertical Take-off & Landing (eVTOL) market in Dubai, hoping to serve the flying taxi segment in the future. As one of the top marketing research companies in UAE, we can validate the interest among the UAE consumers for the latest high-tech innovative products.
Dubai’s RTA (Road & Transport Authority) signed five MOUs with regional and international technology companies along with forging partnerships with the private sector to harness advanced technology solutions in running operations. The MOUs were signed with Amazon Web Services (AWS), Microsoft, Moro Hub (Data Hub Integrated Solutions), Trapeze Middle East Telecommunication Equipment Trading and SAS. Likewise, Dubai Chamber of Commerce showcased new digital initiatives and projects in the pipeline that are designed to enhance its services, improve the ease of doing business in Dubai and foster the adoption of innovative technologies within the business community.
The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) recently announced the launch of the third generation of UAE passports. Residents who wish to apply for a new Emirates ID or want to renew their cards will soon be able to do so without having to leave their homes.
A new version of Dubai Police smart application was launched that supports seven languages and provides 70 advanced services using the latest programming languages, algorithms and techniques. UAE’s telecom operator du has partnered with Huawei and SINOTRANS to deliver 5G-driven robot warehouse solutions for the UAE’s logistics industry. The MoU was signed at the Gitex event, where du is presenting under the theme ‘Powering governments, Shaping The Emirates Reality’ featuring technologies such as Internet of Things (IoT), augmented reality, metaverse, blockchain, NFT and robotics.
Dubai – Future Hub of Innovation
The record participation in the GITEX event reflects Dubai’s position as a hub for innovation and networking in the international technology sector. Over the course of the last few decades, Dubai has developed a technological infrastructure that is the best in the world and conducive for investment in the tech and innovation sector. The government has also taken several initiatives to support consumer spending which has influenced the growth of technology and innovation sectors in the UAE. Being one of the best market research companies in Dubai we recommend investing in the UAE’s technology and innovation sector.
As one of the best market research companies in the UAE, we specialize in evaluating the market potential in Dubai and Abu Dhabi by conducting in-depth Market Feasibility Study and developing a customized Business Plan. Feel free to reach out to us on email@example.com to discuss more.