Dubai Offers Web3 and AI Firms A 90% License Fee Cut, Seeks To Host Largest Tech Firms In MENA

Dubai has announced a 90% registration subsidy for web3 and Artificial Intelligence (AI) companies seeking operational licenses in the city as it seeks to create the largest pro-tech hub in the Middle East and North African Region (MENA). Dubbed the Dubai AI and Web3 Campus, the city rolled out a vision for its tech space and has so far offered web3 firms ranging from digital asset exchanges, and NFTs creatives multiple incentives to drive innovation in the region.... Read More: Dubai Offers Web3 and AI Firms A 90% License Fee Cut, Seeks To Host Largest Tech Firms In MENA