The UAE is strategically positioning itself as a global leader in several sectors of the future. Fintech is emerging as a significant focus, with the UAE developing into a major global fintech hub and leading the region in digital banking advancements. This emphasis on financial technology is driving innovation and transforming the financial services landscape.
Agritech is another promising sector in the UAE, with significant investments pouring in. UAE-based agritech companies have already received over $50 billion in investments, representing around 1.1% of the global capital invested in the sector. This underscores the country's commitment to advancing agricultural technology and sustainability.
The UAE aims to establish itself as a major center for world-class healthcare in the Middle East. The Dubai Industrial Strategy 2030 and the Abu Dhabi Vision 2030 prioritize the development of the pharmaceutical industry, recognizing its growth potential, export capabilities, and long-term economic impact.
E-commerce is experiencing rapid growth in the UAE, with a remarkable 92% increase in e-commerce sales between 2019 and 2021. The country's thriving digital infrastructure and supportive ecosystem have contributed to this surge, creating opportunities for businesses to capitalize on the digital marketplace.
Furthermore, the UAE is actively attracting and retaining global talent, positioning itself as an appealing destination for professionals seeking opportunities and a high quality of life. Both Dubai and Abu Dhabi consistently rank among the most desirable cities to live in worldwide, reflecting their social capital and livability factors.
For more information on the UAE’s Sectors of the Future see below: