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Home Technology

Dubai wants to become a global tech hub. Is crypto the answer?

CNBC International by CNBC International
September 15, 2022
in Technology
382 16
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Dubai wants to become a global tech hub. Is crypto the answer?
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Dubai was one of the first cities to emerge from the pandemic, reopening to tourism by the middle of 2021. The emirate now has set its sights on becoming a global tech hub by attracting entrepreneurs, investors and even crypto influencers to the city. But will its bet on cryptocurrency catapult it to success or leave it in the dust?

#CNBC #Dubai #Technology #Crypto
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Comments 37

  1. CNBC International says:
    3 years ago

    Episode two is live now: https://www.youtube.com/watch?v=5LMnjam8SJg

  2. Anees A says:
    3 years ago

    Dubai's actual blocker to be a tech hub will be lack of engineering talent..

    Their talent is mostly at university level coders…. They need seasoned professionals from places like India to really boost the process, that also means they have compete with US and EU counterparts who currently hire from India in bulk.

    They have to really ramp up their hiring from India.

  3. Madhav Kaushal says:
    3 years ago

    Smart people. While countries turn racist they are smart attractive talent and money.
    Many rich Indians have migrated there too.

  4. Saswata Chowdhury says:
    3 years ago

    OK 😂….. . Did you typed it right?

  5. Michael Jones says:
    3 years ago

    I will forever be indebted to you, you've changed my life in the best possible way you can i will continue to preach about you for the world to hear you've saved me from a huge financial debts with just little investment, thanks so much Mrs Andreia kelvin

  6. Stephanie Hale says:
    3 years ago

    This is all BS. Dubai can never be what Singapore, London, Stockholm, Berlin, or other mature markets are around the world, let alone being like the Silicon Valley. Their salaries are based on the passport you hold. Meaning, if you are from a developed country, your salary will be higher and if you are from a developing country, your salary will be lower, although both the people may work at the same position. Besides, it's a dictatorship. There is no democracy, freedom of speech, and basic human rights. There is no free press. Please show the reality. Please show who is building these sky-scrappers and their living conditions.

  7. ___________ says:
    3 years ago

    it's failing. engineers are motivated by compensation and the best you can get is startups paying equivalent to india salaries, which is too cheap. dubai is expensive AF

  8. தமிழ் முஸ்லிம் says:
    3 years ago

    Dubai 🇦🇪🇦🇪🇦🇪

  9. Muhammad M says:
    3 years ago

    5:16 since when london is tech hub?

  10. Red tree says:
    3 years ago

    How people wear hoodie on a desert where temperature is above 48 degrees

  11. Gandhi Kumar says:
    3 years ago

    They are too close to India. That's why they have the ability.

  12. Riccardo Catania says:
    3 years ago

    5:42 @TheCryptoGateway

  13. SIAM says:
    3 years ago

    Uae should sell its passport for $200K Investment that is donated to its public development fund like Saint kitts. Millions will start heading there. Specially from unstable arab countries like Egypt and Libya

  14. جين says:
    3 years ago

    Despite the economic downturn, I'm
    happy. I have been earning $60,200 returns from my $10,000 investment every 13 days

  15. Da C says:
    3 years ago

    Only attractive reason is for no tax. It will not last. Tacky gimmick city

  16. Rohit S says:
    3 years ago

    It's possible, All they have to do is lure it professionals with tax exemptions and other benefits and all South Asian industry will move to Dubai.

  17. Raymond Goldman Seger says:
    3 years ago

    i like his crypto pyramid medal 7:23

  18. Анастасия Петрова says:
    3 years ago

    A place where there are no human rights, every worker from Indian subcontinent is treated worse than an animal.

    Good luck, not saying it can’t be done but IT is dominated by Indians- the only nationality that’s treated worse than anyone else.

  19. Chad J says:
    3 years ago

    Lmao no

  20. Dipty Prakash Swain says:
    3 years ago

    Btw work on your civil rights

  21. Tejeswar Tripathy says:
    3 years ago

    India should learn from UAE and should loosen the grip on the licenses and make India more business friendly.

  22. Slim says:
    3 years ago

    The country is missing 2 basic conditions for the success : Freedom and rule if law !

  23. ANDH NAMAZI 72 HURRO WALA🤣😂 says:
    3 years ago

    FINANCIAL SERVICES HUB WITH INTEREST= HARAM??? 😂🤣🤣

  24. Wesley Conrow says:
    3 years ago

    << i'm glad I got into crypto when I did because it's been a turning point for me financially,been my best decision so far>>

  25. TARUN JANGID says:
    3 years ago

    Islamic finance law says interest is haram.

  26. caitlin ford says:
    3 years ago

    My greatest happiness is the $28,000 biweekly profit I get consistently

  27. kavin anil says:
    3 years ago

    But will a desert city be sustainable…?

  28. Eddie Hourani says:
    3 years ago

    No need to mention their war in Yemen or their opprosive state!

  29. angel arce says:
    3 years ago

    The soggy poet macroscopically reign because syria repressingly nail like a amused ant. meaty, abrasive t-shirt

  30. MithunOnThe.Net says:
    3 years ago

    If a taxi-driving, college dropout who took money to promote rugpull scam projects are an example of the kind of "talent" Dubai wants to attract… then… good luck! As it is Dubai is full of scammy businessmen!

  31. SoCalFreelance says:
    3 years ago

    🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

  32. tapas sew says:
    3 years ago

    for them them would be smart and easy to use tether as a legal tender

  33. Mr Kopa says:
    3 years ago

    Cheap plate to live like a millionaire ♥️🔥

  34. Student of Life says:
    3 years ago

    Hello, Sir! How are you doing today? Are you still in Dubai? Can you feature my story and the story of the other people that….? I will let you know when we have a chance to talk in person or in social media.

  35. Muzammil Shaikh says:
    3 years ago

    The word "leading" is misused and over-used in the middle east. Those who are usually leading, don't need to announce it.

  36. Darrin Elford says:
    3 years ago

    What a load of rubbish. I have 25 years of IT/tech experience and could not find any work there

  37. Algernon Seeland says:
    3 years ago

    🎷

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