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Industry experts anticipate a significant reshaping of Dubai’s crypto landscape, with a surge in smaller crypto firms and collaborative agreements between established market leaders and emerging digital asset ventures. This transformation follows the regulatory authority’s decision to reduce entry barriers for smaller entities, according to industry insiders.

A recent study from the Business & Economics Intelligence Sector at the Abu Dhabi Chamber of Commerce and Industry has revealed that the number of AI companies registering in Abu Dhabi has experienced a robust compound annual growth rate of 67% between 2021 and 2023. This significant uptick in company registrations further cements Abu Dhabi’s stature as a key global player in the AI industry.