Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Texas governor signs bill banning Chinese citizens from buying property in the state

June 22, 2025

Here are the 5 things we’re watching in the stock market in the week ahead

June 22, 2025

Spain reaches deal with NATO to be exempted from 5% of GDP defense spending goal

June 22, 2025
Facebook X (Twitter) Instagram
Sunday, June 22
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Dubai’s business and tech culture tops Silicon Valley: NVIDIA, Amazon-backed startup founder – Technology
Economist Intelligence

Dubai’s business and tech culture tops Silicon Valley: NVIDIA, Amazon-backed startup founder – Technology

adminBy adminApril 4, 2025No Comments5 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 45


One of the most crucial aspects of any city that is working to solidify its position as a hub for all things tech and start-up related is the ability to attract the right talent. And Dubai offers up a masterclass in this space.

Case in point: in 2023, when entrepreneur Raakin Iqbal was in the US, he found himself researching something called Artificial General Intelligence, (AGI) after noticing some drawbacks in AI programmes like ChatGPT.

“I was looking into newer levels of AI, which essentially we would call AGI, and even past that, a super intelligence, where the AI has added capabilities such as fully understanding human cultural nuances,” Iqbal told Business Recorder in an exclusive chat.

Pakistan’s tech sector aims for export boost through GITEX Global in Dubai

Soon, he found himself with “a full set of research ready to go”. He happened to be in Dubai around this time, where he “floated the research around” and then continued on his travels in the region.

One day, “all of a sudden” he was contacted by the Dubai Future Foundation and Dubai Center of Artificial Intelligence. When they found out he was not in the country, they sent him a plane ticket and put him up in a hotel for a few months, presenting him with over 100 use cases related to government ministries to see where his research could be best applied.

“That was about two years ago. And fast forward, I’m now in Dubai with a frontier tech AI startup.”

Frontier tech refers to emerging technologies at the cutting edge of scientific breakthroughs and real-world implementation. The startup he founded is called Nucleus AI, which has since worked with Dubai Airports, Dubai Blockchain Centre and Dubai Land Department among other ministries, as well as having raised roughly a million dollars.

Asia Rising: Dubai’s transformation to becoming tech hub draws parallel with Silicon Valley and Bengalaru

Not only that, but it is backed by chipmaker NVIDIA and Amazon Web Services – “so whenever we need additional resources, let’s say data scientists or insights, we can reach out to them” Iqbal tells us.

So what does Nucleus AI do exactly?

In layman terms, it can “ give an AI brain“ to any organisation.

“That brain is simulated to how a human brain functions. So whether you are a government entity, a large scale organization, media or press, you dump your information in there, and the system will automatically learn everything about your industry based off of your data,” he explained.

This has a whole variety of uses for the company, such as acting as a customer service bot “with enough intelligence to replace up to tier one, tier two employees, to even a more complex use case where it can read geopolitical events around the world and apply it (to your organisation) in real time, becoming a strategy copilot.”

Meanwhile, the AI he is researching is “more enhanced, smarter and more closer to human level intelligence” than the commercially available AI products out there right now, he believes.

It should be able to “understand emotions, context, reasoning and the relationship between different things”.

The company has recently initiated a pilot program for ATOM (Augmented Transference Operational Matrix), an AI infrastructure framework designed to support governments in their digital transformation efforts. Currently, it is undergoing research and testing within various regulatory bodies in Dubai, aiming to centralize and streamline regulatory frameworks across the city’s governance landscape.

‘Innovation in government is a necessity’

When asked about his thoughts on the Dubai government’s initiative to get Iqbal to come to the emirate and its commitment to tech, he said that “the best way of putting it is what His Highness Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai, said – ‘innovation in government is a necessity if you want to advance’.”

According to Iqbal, these are not just words, but the Sheikh is truly committed to this mantra, and tries to become a first adopter of new tech, and in that way makes Dubai a model government.

Another big plus of being in Dubai is networking.

“The leverage that Dubai has that truthfully not many places in the world have, including the US, is access to global capital,” said Iqbal.
“People are always interacting with each other. And because the population is much smaller, if you network well, you tend to get to know everyone. That becomes a strong tool to get more contracts and more business.”

He also praised the business environment in Dubai.

“When you’re in Dubai, you wake up wanting to just run that dash. You’re always up to something here. You’re always working something through because that idea that’s itching in the back of your mind that you’re trying to prove,”

This sort of environment does exist in Silicon Valley, but Dubai has it at a “far more larger scale,” Iqbal noted.

In fact, Iqbal has plans for an upcoming investor roadshow the idea of which is to tell the world that the “unimaginable concepts” he is working on are “something that’s coming not from Silicon Valley, but from Dubai.”

Copyright Business Recorder, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

FedEx founder and executive chairman Frederick Smith has died, CEO tells staff – Business & Finance

June 22, 2025
Economist Intelligence

Most Gulf markets open lower after US strikes on Iran – Markets

June 22, 2025
Economist Intelligence

Tesla expected to launch long-discussed robotaxi service – Technology

June 22, 2025
Economist Intelligence

Head of Russia’s Rosneft says: ‘OPEC+ could speed up oil output hikes by a year’ – Business & Finance

June 21, 2025
Economist Intelligence

Prices of essential kitchen items show rising trend: BR survey – Business & Finance

June 21, 2025
Economist Intelligence

Inflation expected to lower slightly in Pakistan – Business & Finance

June 21, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

FedEx founder and executive chairman Frederick Smith has died, CEO tells staff – Business & Finance

June 22, 2025

Most Gulf markets open lower after US strikes on Iran – Markets

June 22, 2025

Tesla expected to launch long-discussed robotaxi service – Technology

June 22, 2025

Head of Russia’s Rosneft says: ‘OPEC+ could speed up oil output hikes by a year’ – Business & Finance

June 21, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Texas governor signs bill banning Chinese citizens from buying property in the state
  • Here are the 5 things we’re watching in the stock market in the week ahead
  • Spain reaches deal with NATO to be exempted from 5% of GDP defense spending goal
  • South Korea set to join global race to develop sixth-generation fighters
  • China condemns US strikes on Iran, calls for ceasefire and talks

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Texas governor signs bill banning Chinese citizens from buying property in the state

June 22, 2025

Here are the 5 things we’re watching in the stock market in the week ahead

June 22, 2025

Spain reaches deal with NATO to be exempted from 5% of GDP defense spending goal

June 22, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.