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UAE becomes magnet for SEA tech startups
Xaltius Academy, specializing in data science, software engineering, cybersecurity, and AI training, expanded from Singapore to Dubai four years ago.
Founders Pranjal Dubey, A. M. Aditya, and Desmond Sek saw potential in Dubai for its emphasis on digital transformation.
The expansion aligns with the United Arab Emirates’ National Strategy for AI 2031, focusing on attracting and training talent in artificial intelligence.
Government initiatives like the ‘golden visa,’ offering long-term residency to investors and professionals, further support this move.
Dubey said while Singapore has efficient business processes, Dubai’s neutral position in global tech conflicts is advantageous for the academy’s focus on training.
This move reflects a trend of Southeast Asian tech firms expanding into the Middle East.
Companies like Ant International are also relocating due to strong AI development in the UAE, Saudi Arabia, and Qatar.
PwC projects significant economic contributions from AI to the Middle East by 2030, particularly in Saudi Arabia and the UAE.
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