Dubai: Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, launched a new initiative aimed at transitioning Dubai's private sector toward self-executing and self-leading artificial intelligence, known as Agentic AI.
According to Emirates News Agency, as part of the two-year transformation programme, specialised training tracks will be introduced for all business councils affiliated with the Dubai Chamber of Commerce. To support this transition, H.H. Sheikh Hamdan directed the Chamber to establish incubators for Agentic AI companies, create new economic opportunities for young people in this field, and set up dedicated funds to back this new shift.
H.H. Sheikh Hamdan stated that the initiative is intended to accelerate the adoption of Agentic AI in Dubai's private sector, with the goal of making Dubai the world's leading city in adopting these technologies both economically and commercially. The transformation programme will include specialised training tracks for all business councils affiliated with the Dubai Chamber of Commerce.
He further elaborated that the Chamber has been directed to establish incubators for Agentic AI companies, create new opportunities for young people, and set up dedicated funds. This initiative aims to empower companies to adopt technologies that will boost productivity, expand business volumes, and reshape Dubai's economy to be the best in the world for adopting Agentic AI technologies.
The new initiative is part of a broader vision to establish Dubai as a global leader in adopting AI technologies, transforming the private sector into self-innovating hubs that boost productivity and reduce costs. The emirate continues to develop an advanced digital infrastructure, reinforcing its status as one of the world's most future-ready cities.
With digital transformation at the heart of the Dubai Economic Agenda (D33), Dubai launched initiatives like DubaiNow, the Dubai Metaverse Strategy, and the Dubai Centre for Artificial Intelligence. This ecosystem ensures Dubai remains a top destination for investing in emerging technologies.
Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, emphasized that this initiative marks a pivotal milestone in Dubai's path to becoming a global hub for business and innovation. The Chambers will launch specialised training and establish incubators and funds to support AI startups, empowering youth and entrepreneurs to accelerate the private sector's digital transformation.
Abdul Aziz Al Ghurair, Chairman of Abdulla Al Ghurair Group and Mashreq Bank, highlighted the initiative's potential to invest in young talent and develop future-ready business models. Ahmad bin Byat, Vice Chairman of Dubai Chambers, noted that the initiative underscores Dubai's standing as a global hub of the digital economy by enabling businesses to adopt autonomous systems.
Omar Abdulla Al Futtaim, Vice Chairman and CEO of Al-Futtaim Group, described the initiative as a strategic step in reinforcing Dubai's position as a leading global economic hub. It represents a transformation in Dubai's efforts to establish a continuous development approach within the private sector.
Dr. Amina Al Rostamani, Member of the Board of Directors of Dubai Chambers, pointed out that the Agentic AI initiative will transform Dubai's businesses into a leading model for decision-making AI within two years, creating new economic opportunities for the next generation of entrepreneurs.