Ras Al Khaimah's AI-Powered Free Zone Aims to Revolutionize Emerging Tech Industry

Paul Dawalibi, CEO of Innovation City, is building the Silicon Valley of the Middle East in Ras Al Khaimah. He's creating an AI-powered free zone that focuses on Web3, artificial intelligence, gaming, robotics, and healthtech.

Innovation City differentiates itself from other commercial free zones through its focus on technology and innovation. Dawalibi has 25 years of experience building startups and knows what founders need to succeed.

He notes that regulators are necessary for certain industries, but Innovation City is focused on areas where a simpler framework with oversight can be more effective. This approach allows companies like DAOs (decentralised autonomous organisations) to be licensed in days rather than months or years.