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2022 Ranking Across Factors
Though the UAE is ranked 15th for Knowledge, it is ranked 1st in the world in terms of talent and access to talent, which is a major driver for growth.
The Knowledge Factor refers to the intangible infrastructure that underlines the process of digital transformation through the discovery, understanding and learning of new technologies.
These aspects are captured by indicators that measure the quality of the human capital available in the country, the level of investments in education and research as well as the outcomes of these investments (e.g. registered patent grants in high-tech fields or scientific publications in academic journals).
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Dubai’s Digital Economy and Its Expanding Startup Ecosystem
Dubai’s startup ecosystem will have raised over USD 2 billion by the end of 2022, with self-employed and digital economy roles tripling. Few MENA markets have a 20-year-old startup ecosystem birthing multiple unicorns. Dubai has been the digital startup hub for tech giants and new unicorns alike. Since 2017, Dubai has raised 96% of UAE’s funds, totaling over USD 2 billion by October 2022. LinkedIn data shows a booming digital economy job market with increasing opportunities and remote work options. Learn from top home-grown startups and global transplants why Dubai is poised to become the next digital economy capital of the world.
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