Dubai Financial Center offers subsidized commercial licenses for Web3 companies

This was announced by the Dubai Artificial Intelligence and Web 3.0 Campus, promising to provide companies with physical and digital infrastructure for further scaling in the UAE.

The 90% subsidized commercial licenses provided to AI and Web 3.0 companies are expected to increase investments in this sector of the UAE.

The 90% subsidized commercial licenses provided to AI and Web 3.0 companies are expected to increase investments in this sector of the UAE. By the end of the year, it is planned to attract at least 600 new companies.

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Arabian Business, August 21, 2023