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

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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[@CNBCi]

Episode two is live now: kzbin.info/www/bejne/a32wn52Xop2GgMk

[@GevEdgar]

💯

[@akshat20021996]

Ad for dubai

[@whiskersredwood7903]

Exactly, looks like an air pollution hell.

[@zombieat]

they don't need an ad. the uae has the fastest growing millionaire population in the world this year. meaning that tens of thousands of millionaires moved there in the half of 2022 already.

[@Myanmartiger921]

@@zombieat wow. Uae will beat usa in nobe prizes soon eh?

[@zombieat]

@@Myanmartiger921 nah ít has become a green díversíty βs príze anyway.

[@lythouse5345]

Now I know where to go and spend my 0.07btc

[@TireSpare]

I love to see DUBAI becoming a tech hub in Middle east regions ! it is interesting to see such improvements because it is under Commonwealth countries. am hoping Korea keeps and improves tech hub statues to next decades. the country shall stand for a tech hub in North East Asia ! Also developed to one of the most deeply engaged AUKUS allies in economy, politics and public education

[@ghalimaikatako1927]

Every time anybody talks about Dubai they must mention “few years ago Dubai was just a desert” yada yada. Guys get over it, nobody was anything before.

[@truethat7681]

I think Dubai will be successful in Crypto. If they can become a global trading, re exports, aviation and logistics hub then why can't they become a hub for crypto currencies? The Emiratis are extremely hard working and innovative people.

[@marekdg]

And they should first figure out how to provide city wide sewer system instead of the poop trucks that que up each day at the burj klifa

[@Dishant996]

You mean most of those immigrants are hard working

[@arslanramay]

It’s not the Emiratis who are hard working. They are the most rude and dumb people. They have money and they hire great talent from around the world who work to make things happen in the Middle East. I can’t stop laughing when I read “Emiratis are hard working”. 🤣

[@arslanramay]

It’s not the Emiratis who are hard working. They are the most rude and dumb people. They have money and they hire great talent from around the world who work to make things happen in the Middle East. I can’t stop laughing when I read “Emiratis are hard working”. 🤣

[@sydney2m]

@@arslanramay so many indian in dubai. They cover various job.

[@TomNook.]

Good luck cooling all those crypto farms in a desert

[@johnsamuel1999]

They should focus on training and atrracting large companies . Once 2-3 major tech and IT companies setup shop . Other companies will start coming

[@edwinbrace4681]

They are capable of creating their own companies too, you would be surprised how many government employees and officials working there that have previous jobs in silicon valley.

[@krac3x438]

but to become a global tech hub you need international tech companies, otherwise you would be a local tech hub not a global one

[@winko6893]

cnb

[@winko6893]

🤔👍🤝

[@charlesdgomes1214]

Guys I live here ( dubai) for 25 years and this is all absolutely BS

[@arbaz79]

Why?

[@tanweeralam1650]

Why??

[@future9728]

Dubai is extremely ambitious.

[@aneeinaec]

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.

[@IllusiveDude]

literaly everybody in the UAE are foreigners

[@tanweeralam1650]

Better to diversify from other countries. Relying on India for everything tech related is a big mistake which other countries are doing. Reason? Indian Hindus are now having Hindu Superiority mentality and upto a certain degree of Radical mindset. We as Indian Muslims...are seeing this, experiencing this. That's why world (mainly developed countries) shouldn't depend on Indian talent instead help other countries to develop Talents so that they can diversify in future.

[@ryantucker2166]

Top Indian coders are headhunted for prestigious positions in the U.S., Canada and top Indian tech companies. The incompetent or mediocre at best make their way to Dubai.

[@hj2711]

@@tanweeralam1650 lol you’re not even india lmao. And your logic is like frog in the sea. Why the hell do you think they only hire indian hindus. And seriously you’re the one who is talking about radical mindset, irony is freeking real

[@awesomebrotherhood7698]

The problem with Dubai is that it is not a focus for top companies. It is not an emerging nor a big economy; hence we have a lot of niche markets, and the economy departments on mainly Freezone (which may cause issues for other companies due to a tax haven is hated by other countries) Real Estate - (it is a remote country with people making money elsewhere and putting it here, making them dependent on other nation’s economies) Financial market (it is particular to niche financials like crypto and other funny wealth management products) Travel (as we saw in 2001, 2009 2020 that is volatile and based on external dependency)

[@duran9664]

Living in Dubai is amazing except for two things: 1) The extreme dusty/humid heat most of the year. 2) The possibility that one can get arrested & renditioned to Riyadh to be tortured to death if s/he criticizes the rulers in UAE or the saudi royal mafia!

[@hakunamatata2978]

@@duran9664 Repeat with me,no country is perfect,every country has some problems

[@hakunamatata2978]

@@duran9664 your second point is completely illogical

[@farzana6676]

@@hakunamatata2978 No it ain't. I've stayed in Dubai. It's like a sanitised laboratory. Majority of the residents are transitory foreigners who will spend 5 to 10 years there at max. The people are like robots with very little freedoms or influence on how the country is governed.

[@hakunamatata2978]

@@farzana6676 if you want to influence uae govt as a foreigner,then uae people should also influence the govt of that country who want to influence uae it's that simple

[@diptosarker810]

Habibi, come to Dubai?!

[@gunnarsjolander6171]

So when crypto is crashing they are planning to invest hard and “buy the dip”.. risky game

[@tapassew8652]

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

[@tendoezra3244]

Mind set

[@Avatar600]

Indian govt should start utilise sources we have. Dubai will start hiring Indian talents and make benefits like how they made skyscrapers with Indian labour.

[@fahadkidwai8824]

Is Dubai having other options? After all they have to attract ulta rich people, they r not having oil fields as compared to other Middle East countries!

[@Maniacguy2777]

It is same as Singapore they have nothing but attracting tourism and they get wealth from tourism sector.

[@alfredhitchcock45]

Give me other options for a desert city

[@cezarfilho3772]

👏👏👏👏

[@redtree2242]

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

[@theliberalnationale5737]

I have a question where's the tech labour are gonna come from?

[@kateebameer5477]

Is it true that dubai see every non dubai as a labour

[@Realtorrazy]

Cheap plate to live like a millionaire ♥️🔥

[@travelwithrasel2434]

Dubai means Business....

[@muhammadm4582]

5:16 since when london is tech hub?

[@jimbocho660]

London is a world centre for Fintech.

[@darrinelford1473]

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

[@___________2204]

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

[@multa7053]

dubai isn't expensive af

[@amadeusiom]

The fact that this guy can go from taxi driver to crypto influencer like this shows you what’s wrong with the space.

[@cccc7006]

he wasn't a taxi driver per se. he was a masters student supporting himself with taxi driving. the way it was framed makes for a better sounding story.

[@alfredhitchcock45]

It wasn’t taxi, it was uber

[@05liuric]

OMG, what is he wearing?

[@smartasskickass4260]

what none seems to notice is that huge Nose 0:43

[@jewelkaye6548]

My vision is that the Middle East or China can make a replacement for the Airplane. The Big Flying Saucer was people's imagination before, but that will be the future conveyance in the sky.

[@findingmo7049]

A global tech market sell off is underway, and crypto is getting dragged down with it. Coin base reported $1B+ loss last quarter today. 🍿

[@DivineFrag]

This guy says after the NASDAQ is up 20%+ from its yearly bottom. Lol.

[@findingmo7049]

@@DivineFrag The markets are celebrating 1 data set of inflation peaking. Wait until the Feds tightens the screws more with more rate hikes.

[@finz_law]

Islamic finance law says interest is haram.

[@midascow8275]

hahahahaha Dubai and Crypto are both terrible jokes so they go well together.

[@kavinanil7406]

But will a desert city be sustainable...?

[@alfredhitchcock45]

Never

[@tejeswar]

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

[@rishiodeb]

Right Nicobar can be made as Dubai

[@_tsu_]

We've been losening lisences for a while. Bangaore is already a much more of a tech hub than Dubai will ever be

[@D__Ujjwal]

Already doing

[@wannajib9454]

Arrest Gary Gensler...Send him to jail

[@animartinez5536]

in order to become a tech hub u need source of talents and these talents must come from top universities that offer stem program. Dubai so far doesn't have any of them and universities and colleges are scarce. importing such people in order to work in that field is not sustainable option, and these people will rather go to Western countries that offer much better opportunities.

[@Lucky-cm5dx]

After researching the history of great assets such as real estate, dividend-paying stocks, gold, oil, and other commodities, Ive come to the conclusion that most excellent assets never come down to the price you want to acquire them at. Simply get the ones you can afford right now.

[@finz_law]

True

[@studyntoflife]

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.

[@siamllc]

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

[@jaanireel]

They already selling it but only criminals can afford it once they landed and paid the millions to get passport suddenly there is arrest warrant issue by cia/fbi for that person

[@duran9664]

Living in Dubai is amazing except for two things: 1) The extreme dusty/humid heat most of the year. 2) The possibility that one can get arrested & renditioned to Riyadh to be tortured to death if s/he criticizes the rulers in UAE or the saudi royal mafia!

[@callessantana2688]

Stop making things up, you know how disturbing you are? Don’t sabotage a countrys reputation based on your hate in your heart. OVBIOUSLY you wont get tortured.

[@hakunamatata2978]

repeat with me,and keep it in your mind, No country is perfect and every country has some problems

[@knowledgetechnology2286]

So who told you to mess with royals or go against their law😄

[@_SJ]

Nice documentary 👍🏻❤️

[@adinitum4168]

You mean advertisement*

[@bhanusudheer493]

open looking haha

[@holycow3355]

Want and Can are very different things. Stop dismembering & hunting down dissidents flee overseas, there might be a buckley chance in 10,000 years !!!!!!!

[@ikgeek]

If you care about humity and against descrimination then you shouldn't even visit there.. There is alot of descrimination if you don't have white hair...

[@ikgeek]

You have to live there to see it. Traveling is different than staying

[@fahadkidwai8824]

@Emil Josey don't agree with u

[@fahadkidwai8824]

@@ikgeek well, whole Middle East is just like this, the most hypocritical people r based there!!

[@JunaidAhmed-uu8kt]

Really? I heard that UAE and Dubai local people are most humble and respect others!!!!!!

[@Magripa1000]

@Emil Josey You were a tourist not resident. Be a resident and you will witness a different face of truth

[@Latiosx123]

you cant just gather all the crypto-heads and set up a zone for crypto and call it a tech hub. is more like a rich man crypto paradise.

[@dac8939]

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

[@thebeautifulanimal]

OK 😂..... . Did you typed it right?

[@firojmnalam6121]

२१ जनवरी को होगी मतगणना, रिजल्ट भी इसी दिन आयेंगे?👍👍👍👍👍

[@YasinNabi]

how money is craeted ! and now the best art is making money out of nothing !

[@faustprivate]

"what a view" hmmm I barely can see. I hope this wasn't smog 😳

[@man2earth]

Sandstorm

[@faustprivate]

@@man2earth I don't think so. I just googled Dubai air quality and I looked at the live interactive map. The air quality is in the red category which is very unhealthy :(

[@duran9664]

Living in Dubai is amazing except for two things: 1) The extreme dusty/humid heat most of the year. 2) The possibility that one can get arrested & renditioned to Riyadh to be tortured to death if s/he criticizes the rulers in UAE or the saudi royal mafia!

[@faustprivate]

@@duran9664 that's scary.... I'm happy in Canada 🍁 😂

[@pragueexpat5106]

Dubai, a tech hub? LMAO..

[@sarves_boreddy]

As long as sharia exists and no religious freedom, Dubai becoming a financial capital is not possible in near future..

[@jeanclaudejunior]

Separation of Religion and state is the only way

Don’t worry. Double-standards apply.

[@duran9664]

Living in Dubai is amazing except for two things: 1) The extreme dusty/humid heat most of the year. 2) The possibility that one can get arrested & renditioned to Riyadh to be tortured to death if s/he criticizes the rulers in UAE or the saudi royal mafia!

[@tanweeralam1650]

Don't go to Dubai....they will Not miss you.

[@sultan-nc6fh]

Dubai is acutely consider the financial hub for MENA and big part of asia

[@irvingr7538]

No weed no go for me

[@alur2981]

Precisely why business is booming, cause there is no place for pot heads in DXB.

[@scottmarquardt3575]

Why doesn't she cover hair

[@willsalazarramirez5139]

CHICLAYO PERU 🇵🇪 🤝 🇺🇸 🇦🇪

[@jeanclaudejunior]

Speak English please

[@willsalazarramirez5139]

@@jeanclaudejunior ok bro ok

[@witness1013]

Peru sux

[@GevEdgar]

🎷

[@cezarfilho3772]

I couldn't find the next video

[@CNBCi]

Just published! kzbin.info/www/bejne/a32wn52Xop2GgMk

[@SoCalFreelance]

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[@hamadalmutairi97]

Dubai > Singapore

[@chadj1797]

Lmao no

[@gandhikumar2956]

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

[@eddiehourani7160]

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

[@Thomas_Abel_Algo_Trading_BGM]

Crypto is the only belief for small musician's proprietarship 👍 hope we will have good future ☺️

[@witness1013]

😂 Dubai leads crypto...ahahah, ok....no.

[@duran9664]

Living in Dubai is amazing except for two things: 1) The extreme dusty/humid heat most of the year. 2) The possibility that one can get arrested & renditioned to Riyadh to be tortured to death if s/he criticizes the rulers in UAE or the saudi royal mafia!

[@Wiz145]

“All our dreams can come true, if we have the courage to pursue them.” $dexa

[@irvingr7538]

Is that your cash app 🤣🤣

[@Wiz145]

@@irvingr7538 ofcourse not !

[@Kieran.Net_]

Desperation

[@angelarce6754]

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

[@diptyprakashswain1121]

Btw work on your civil rights

[@MkhSoussa]

Dubai Bla bla

[@user-fb2jt3xc8c]

Dubai 🇦🇪🇦🇪🇦🇪

[@TheAvtrey]

No matter how well you polish a turd it's still a turd

[@Jaronite]

How about first making sure Dubai has a proper, functioning sewage system? Global corporations surely do not want to set up offices that rely on "Poop Trucks" for their sewage.

[@sumerianking4942]

you’re repeating an outdated myth , haha

[@golumolu5334]

First they have to remove sharia cult

[@ikgeek]

Also descrimination and injust if you aren't Arab.

[@duran9664]

Living in Dubai is amazing except for two things: 1) The extreme dusty/humid heat most of the year. 2) The possibility that one can get arrested & renditioned to Riyadh to be tortured to death if s/he criticizes the rulers in UAE or the saudi royal mafia!

[@diptosarker810]

I believe UAE have set up special zones where the regular Sharia law of the country don't apply. So pork, booze, clubs, western clothing etc. These zones are specifically for foreigners so the native Arab population isn't affected. But I have never been to Dubai, or the UAE. So feel free to correct me.

[@diptosarker810]

@@duran9664 Riyad? Isn't Riyad in KSA?

[@AutriBanerjee]

@@diptosarker810 i think you are thinking about saudi arabia. In the UAE people can drink alcohol anywhere private but doing so openly in public is not allowed. For pork there are generally separate sections in supermarkets or warnings in the restaurant menus so that a muslim doesn't accidentally eat that (they do the same for beef too as Hindus don't eat beef). And most Emiratis go to American or British schools and are very western lol, most of time the women wearing burkhas are from India or Pakistan lol

[@MichaelBabich]

The problem of Dubai is it became not tech hub but sanctions evading tool for Russians. Now it's notoriously annoying to go there or open a tech company because Dubai is polluted with nationalistic and imperialistic Russians who escaped Russia not to feel sanctions and enjoy a better life quality but they still support the war Russia started in Ukraine. Dubai basically erased itself from map of places to go due to overwhelming imperialistic Russian population that pollutes Dubai streets.

[@tanweeralam1650]

To counter them American companies and startups should come and Flood Dubai Tech job market

[@riccardocatania9406]

5:42 @TheCryptoGateway