UAE aims to become a global innovation hub by 2030 through legislative changes and policies.

The United Arab Emirates (UAE) aims to establish itself as a global hub for an innovation-based economy by the next decade. Minister of Economy Abdullah bin Touq Al Marri highlighted recent legislative changes and economic policies that enhance its appeal to international talent and investors. The UAE's non-oil foreign trade reached Dh1.4 trillion ($382 billion) in early 2024, with a strong focus on diversifying its economy and attracting foreign investment.

September 18, 2024
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