Dubai has approved expanded strategic growth targets for the Dubai AI Campus, aiming to attract more than 1,000 specialized artificial intelligence companies and create over 5,000 jobs by 2030. The targets were announced at the third Dubai AI Festival, which brought together over 20,000 international participants, including more than 100 Chinese technology companies. The campus has already surpassed its original five-year growth goals two years early, securing AED 1 billion in investment.
The economic corridor between the UAE and Asia is evolving from capital flows into a multi-hub corporate and wealth ecosystem, according to an analysis in Arabian Business. Asian businesses are establishing UAE bases, with Chinese firms in Dubai reaching 6,650 alongside major Indian fintech expansions. Concurrently, UAE sovereign investor Mubadala is anchoring Asia strategy in China, while DIFC foundation registrations jumped 67 percent.
Dubai has raised strategic targets for the Dubai AI Campus to attract over 1,000 artificial intelligence companies and create 5,000 specialized jobs by 2030. Announced at the third Dubai AI Festival, the event welcomed international delegations including more than 100 Chinese technology firms showcasing digital innovations. The campus has already attracted over 500 AI companies and AED 1 billion in investment.
The Dubai Financial Services Authority has fined former financial executive Gary Joseph Peters $210,000 for providing false and misleading information. Peters was also banned from working in or conducting financial services within the Dubai International Financial Centre.
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