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His Excellency Omar Sultan Al Olama Visits Dubai Technology Entrepreneur Centre, Silicon Park at Dubai Silicon Oasis
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His Excellency Omar Sultan Al Olama Visits Dubai Technology Entrepreneur Centre, Silicon Park at Dubai Silicon Oasis

by Insight World EditorJuly 10, 2018

His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence visited Dubai Silicon Oasis (DSO), the integrated free zone technology park. During the visit, he met with Dr Mohammed Al Zarooni, Vice Chairman and CEO of Dubai Silicon Oasis Authority (DSOA), in the presence of Khalfan Juma Belhoul, CEO of Dubai Future Foundation, and Shahla Abdul Razak, Deputy CEO of DSOA.

His Excellency Omar Sultan Al Olama commended government entities and private corporations on their harmonized efforts in contributing to the status of the UAE as a pioneer in the field of innovative artificial intelligence technologies. He said: “Developing AI-based solutions is a clear direction of the UAE government, as it is the key to preparing for the requirements of the future as well as drawing our own reality of what it will look like.”

He added: “Dubai Silicon Oasis plays a vital role in raising the bar for technological proficiency, thereby strengthening the UAE’s credentials in emerging technology fields. Through doing so, the hi-tech park is today synonymous with quality offerings, attracting business partners and investments that have consolidated its reputation as one of the leading business hubs in the region.”

DSO provides conducive environment for entrepreneurship and innovation

His Excellency Omar Sultan Al Olama received a briefing on the diverse services available to entrepreneurs through the Dubai Technology Entrepreneur Centre (Dtec), the largest hub of its kind in the Middle East, including the Dubai Smart City Accelerator, inaugurated in 2017 by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DSOA. The first accelerator in the MENA region to specialize in smart city technologies aims to empower startups and business professionals in developing innovative solutions that help cities become smarter and address the challenges of traffic congestion, waste and indiscriminate utilization of energy, among others. The accelerator also supports startups in leveraging knowledge within the Internet of Things (IoT), sensor technology, big data, and virtual reality domains to develop disruptive solutions to the world’s most pressing issues.

The visit also included a presentation on Silicon Park, the first integrated smart city project taking shape at DSO, as well as DSOA’s success in attracting multi-national technology companies and foreign investment.

Dr Mohammed Al Zarooni: DSOA is committed to supporting the talent of the young generation

Dr Mohammed Al Zarooni said: “The visit of His Excellency Omar Sultan Al Olama to DSO and our interaction with the team from the Ministry of Artificial Intelligence have resulted in a wealth of innovative ideas that can enable us to achieve significant performance milestones. His Excellency’s valuable insights on the impact of the Fourth Industrial Revolution, technological advancement, and AI will help us enhance our contribution to shaping the UAE’s post-oil economy.”

He added: “As machine learning and robotics become all-pervasive, DSOA is committed to supporting the talent of our young generation through supporting emerging technology projects and equipping budding entrepreneurs with the right tools to build skillsets that remain relevant for years to come.”

Artificial intelligence sets new direction in global investments

DSOA presented the latest updates on Silicon Park, the AED1.3 billion project spanning an area of 150,000 square meters and slated for completion in Q1 2019. The Authority provided a detailed breakdown of its AED100 million investment in smart services and solutions that will provide residents, employees, and visitors with a safe and secure environment while reducing operational costs. In addition, it offered an overview of the latest developments related to Dtec, which currently incubates more than 980 startups from over 72 countries, specializing in various sectors that align with the UAE’s focus on innovation and artificial intelligence.

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Insight World Editor