Page 16 - Investor-Navigator

Section 04
INVESTMENTS
IN PROMISING
SECTORS
The UAE encourages domestic private sector
growth and welcomes foreign investment. And with
policies enabling economic diversification, buffered
by the country’s notable investment climate, the
UAE is well-placed as one of the global capitals for
entrepreneurship. For these reasons and more,
investment opportunities are flourishing across the
seven Emirates, and in various vibrant sectors.
Innovative Education
Education is a universal right, and rightly so. With
the UAE’s resolve to provide a first-rate education
system, and revolutionize education, in every possible
approach, including how it is made available, its
quality and efficiency and the very meaning of
education itself.
Complementing the UAE Education Strategy, the soon
to be launched UAE’s blueprint to advance artificial
intelligence (AI) in the field of education, will create
opportunities with magnitude and proportions not Research, Technology and Innovation Park champions
yet known to man. Sharjah’s efforts to foster innovation, encourage
entrepreneurship and develop a sustainable
In parallel, various UAE entities are also paving the knowledge economy. An economic free zone by AUS
way to a transformative education, including by Enterprises dedicated to research and development,
The following pages shed light to some of the introducing research and technology centers. To the Park supports local and global companies,
most significant sectors congruent to the UAE’s name a few, the American University of Sharjah (AUS) including private-public sector ventures.
on-gong economic path towards prosperity and
sustainable development.
Artificial Intelligence
All sectors highlighted are inspired by:
The UAE is set to conquer new frontiers, including
• Emirate-level Strategies fully utilizing the power of artificial intelligence (AI).
• UAE Vision 2021 In the nation’s journey to the future, it will deploy AI
• UAE Centennial Vision 2071 technology, while also affording the UAE to be the
• Federal-level Strategic Enablers first in the field of AI investments in various sectors
– all of which will not only attract the most brilliant
minds and innovative business: they will also reshape
NON HYDRO CARBON the market as we know it, and invent investment
ECONOMIC DRIVERS channels:
Space
Various investment opportunities in the non-oil to help conduct The Centennial Vision 2057 of Abu Dhabi Police
accurate
sector is already witnessing significant growth, UAE AI experiments, includes more than 50 strategic initiatives harnessed
and one that is projected to steadily accelerate. reduce rate of costly by artificial intelligence (AI) and proactive thinking
The intricate plans to intensify economic mistakes in future security work. Along with the rest of the
diversification efforts and the overarching goal Emirates' plans to leverage on the power of AI, these
of the UAE Economic Diversification Policy to Renewable Tansport Health initiatives would pump government investments, as
energy
to reduce
increase non-oil GDP to 80% by 2021 makes the to manage accidents and cut to minimize well as force the market to reinvent itself and create
chronic and
growth of non-oil sectors a national priority. The facilities operational costs dangerous the unimaginable. 1
diseases
UAE’s GDP data from 2012 to 2016 echoes this:
with non-oil sectors accounting for 70% of the Traffic Environment Technology Education Water
UAE GDP during this period. to reduce accidents to increase to increase to cut costs and to conduct
and traffic jams and forestation rate productivity and enhance desire for analyses and
draw more effective help with general education studies to provide
traffic policies. spending water sources