H.H. Sheikh Mohammed unveils District IO project for 'emerging economic sectors'

H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced the launch of the District IO project in Dubai Silicon Oasis that aims to build a hub for emerging sectors like AI and smart mobility.

Taking to his official social media channels, Sheikh Mohammed said the new project is expected to contribute "more than AED103 billion to our national GDP over the next 10 years".

The new district will focus on "building an advanced technology business environment for emerging economic sectors such as artificial intelligence, transformative technologies, quantum computing, smart mobility, and others".

The "goal", Sheikh Mohammed added, "is to provide a business environment for more than 6,500 new companies and 75,000 specialised talents".

This is part of the UAE's accelerated plans to "double" development plans every day, he said, adding, "We will not stop .. and we will not look back .. because the one who looks back does not reach".

ضمن مشاريعنا الاقتصادية الجديدة .. أطلقنا اليوم مشروع District IO في واحة دبي للسيليكون وذلك بهدف بناء بيئة أعمال بتقنيات متقدمة لقطاعات اقتصادية جديدة مثل الذكاء الاصطناعي والتقنيات التحولية والحوسبة الكمومية والنقل الذكي وغيرها ..

الهدف توفير بيئة أعمال لأكثر من 6500 شركة… pic.twitter.com/KJqUIIl6Pk

— HH Sheikh Mohammed (@HHShkMohd) January 22, 2026