Dubai offering 90% license fee discount to web3 projects
Dubai now offers web3 and artificial intelligence (AI) projects a 90% license-fee discount. The city of Dubai in the United Arab Emirates is offering a 90% subsidy on commercial licenses for artificial intelligence (AI) and web3 businesses. The tech hub called Dubai AI and Web 3.0 Campus announced the decision to attract companies to set up a base in the city. The issuance of these licenses will be facilitated by the Dubai International Financial Centre (DIFC), a financial free zone within the city. Enterprises looking to take advantage of the subsidized commercial license s offer ed by Dubai’s AI and Web3 Campus must complete a sign-up form. You might also like: Binance secures Dubai’s MVP operational license Nomura’s Laser Digital secures license in Dubai Dubai’s efforts to foster growth in the technology sector extend beyond attracting talent. The city has also taken significant steps towards embracing the crypto industry by granting operational lice...