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Sharjah24
Sharjah City draws 1,000 AI firms
Sharjah Publishing City has attracted more than 1,000 companies operating in the fields of artificial intelligence and smart solutions, forming a business community of over 20,000 companies from 173 countries. The free zone offers fast and flexible facilities for establishing and developing tech companies, with license issuance procedures completed within minutes and a variety of commercial activities. This environment encourages the attraction of AI companies seeking quick transition from setup to operation. Currently, around 691 companies are engaged in research, innovation, and consulting; 125 in model training; and 110 in solutions development. This reflects a supportive environment that promotes the growth of these companies and accelerates the expansion of the AI market in the UAE, which is expected to reach revenues of approximately $97.45 billion by 2033, with a compounded annual growth rate of 36.3% between 2026 and 2033.
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