The two main initiatives launched by the government to promote the technology ecosystem are Special Technology Zones (STZs) and National Incubation Centers (NICs). However, unfortunately these are not the pre-requisites to developing a successful technology ecosystem. Boosting the technology ecosystem is not about building real estate. Many technologies which we use today have directly come out of space research. But the model for that is not Dubai Inc.Ali Farid Khwaja, CFA, is the Chairman of KASB Securities.

Source: The North Africa Journal May 08, 2021 00:22 UTC