Thursday, March 28, 2024
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News FlashDIFC unveils AI and coding license

DIFC unveils AI and coding license

In a bid to attract artificial intelligence (AI) and coders to the UAE as part of its Artificial Intelligence Strategy 2031, Dubai International Financial Centre (DIFC) has introduced an AI and coding license, in collaboration with the UAE AI Office.

Licensed firms will be able to base themselves at the DIFC Innovation Hub, which hosts over 500 companies, from start-ups to unicorns. The hub houses over 60% of GCC fintech companies. Employees of licensed firm will also have access to securing a UAE Golden Visa, which allows foreign citizens to live, work and study in the Emirate with full business ownership. They are also exempted from requiring a national sponsor.

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