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Dubai Plans 100,000 Square Foot AI & Web 3.0 Campus

The initiative will bring $300 million in investment and create more than 3,000 jobs over the next five years.

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dubai plans 100,000 square foot ai and web 3.0 campus

On Monday, Dubai International Financial Centre (DIFC) announced plans to create the largest cluster of artificial intelligence companies and tech startups in the MENA region. The initiative will be known as the “Dubai AI & Web 3.0 Campus” and has been given the go-ahead through directives by the First Deputy Ruler of Dubai, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, who also acts as Deputy Prime Minister and Minister of Finance for the UAE, and President of the DIFC.

Over the next five years, the Dubai AI & Web 3.0 Campus will expand to over 100,000 square feet and become a haven for entrepreneurs, tech disruptors, developers, and anyone passionate about emerging technologies. The campus will be constructed with a world-class digital infrastructure while including R&D facilities, shared workspaces, and giving access to accelerator programs to build and scale AI companies.

Governor of the DIFC, Essa Kazim, was enthusiastic about the recent announcement, noting that: “DIFC’s 2030 strategy is central to shaping the future of finance and innovation. AI is expected to inject Dh103 billion into the UAE economy by 2035 and contribute 14 percent to the country’s GDP by the decade’s end. The Dubai AI & Web 3.0 Campus will significantly contribute to this growth as a global nexus for R&D, investment, and innovation by attracting over $300 million in collective funds, 500+ global AI and Web 3.0 startups, and creating 3000+ jobs by 2028”.

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Investors and government officials hope the new initiative will catalyze local growth, attracting global startups, innovators, and industry leaders to the site and establishing a thriving local tech industry.

By seamlessly integrating physical and virtual infrastructures, the Dubai AI & Web 3.0 Campus could eventually become a preferred headquarters for leading Web 3.0 and AI companies and venture capitalists operating in the MENA region.

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Initial Trials Of Dubai’s Driverless Evocargo Trucks Completed

Testing was announced on July 17, and the completion is a major milestone towards upgrading the region’s logistics infrastructure.

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initial trials of dubai's driverless evocargo trucks completed
Dubai Media Office

A Dubai-based company has completed the initial trials for the UAE’s first driverless trucks. The groundbreaking achievement by Evocargo, partnering with Dubai South, took place at Dubai South Logistics District, and marked a significant step towards incorporating autonomous technologies into the region’s wider logistics infrastructure.

Announced on Wednesday, July 17th, the trials featured the Evocargo N1 unmanned electric truck navigating a predetermined route within a controlled setting. The test involved interactions with common road obstacles such as cars, trucks, and pedestrians, aiming to evaluate the vehicle’s hardware and software reliability, accident prevention systems, and overall readiness for public road use.

Officials were keen to highlight that this accomplishment aligns with the UAE’s ambitious strategy to position itself as a global leader in innovation and technology adoption. The country aims to have 25% of all transportation in Dubai autonomous by 2030, underscoring its commitment to revolutionizing the logistics sector using advanced technologies.

Mohsen Ahmad, CEO of the Logistics District at Dubai South, emphasized the importance of the collaboration with Evocargo in enhancing the region’s logistics capabilities. He noted that autonomous vehicles are set to increase efficiency, reduce carbon emissions, and establish a sustainable logistics infrastructure that will benefit both Dubai and the wider UAE.

Also Read: Riyadh Developers Reveal New 45,000-Seat Murabba Stadium

Ahmed Al-Ansi, CEO of Evocargo Autonomous Logistic Services, also expressed optimism that the trials will draw new customers and investments across the Gulf Cooperation Council (GCC) countries. The partnership aims to lead in innovative tech solutions, further establishing the UAE as a pioneer in autonomous transportation.

The successful completion of the trials marks a crucial step towards realizing the UAE’s vision for a technologically advanced and sustainable future in which autonomous vehicles are expected to play a pivotal role in global logistics.

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