As China and the United Arab Emirates (UAE) celebrate 40 years of diplomatic ties, Dubai’s business leaders are spotlighting China’s growing tech dominance. 🚀 Mohammed Lootah, President and CEO of Dubai Chambers, emphasized that \"China is leading in lots of new tech areas\" – from AI to renewable energy – and urged deeper partnerships with Chinese innovators.
💡 Why it matters: With the UAE pushing to diversify its economy beyond oil, Lootah sees tech collaboration as a win-win opportunity. \"Interacting more with Chinese tech companies isn’t just smart—it’s essential,\" he said, pointing to Dubai’s recent deals in smart cities and green tech.
🌐 Trend watch: Startups in Dubai’s free zones are already mirroring Shenzhen’s innovation playbook. Could this anniversary year kick off a \"Silk Road 2.0\" for tech? Investors are betting on joint ventures in quantum computing and electric vehicles as the next big wave.
