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The total dividend paid to shareholders in 2024 $1.3bn.

Dubai International Financial Center launches AI, UAE’s first coding license

DIFC aims to attract AI companies and coders from around the world.
  • The license is expected to advance the country's Artificial Intelligence Strategy 2031.
  • The license provides an opportunity to obtain the UAE Golden Visas for employees.

Dubai International Financial Center (DIFC) has launched Artificial Intelligence (AI) and UAE’s first coding license in cooperation with the UAE AI Office.

The license will advance the country’s Artificial Intelligence Strategy 2031.

It aims to enhance the UAE’s reputation in this field by attracting AI companies and coders from around the world.

Companies holding the license will be able to work within a stimulating environment at the DIFC Innovation Hub.

The hub is the largest cluster of FinTech and innovation companies in the region and hosts more than 500 firms, ranging from start-ups to global unicorns.

This represents over 60 percent of GCC FinTechs.

The license provides an opportunity to obtain the UAE Golden Visas for employees working in those companies.

Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, commented, “This is being achieved by developing digital activities and providing innovative solutions that improve governments’ performance and the lives of communities.”