4.6 • 216 Ratings
🗓️ 5 February 2025
⏱️ 23 minutes
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0:00.0 | Hello listeners. Today we are releasing another episode in our series entitled Menting Unicorns, Blockchain, AI, and Dubai, sponsored by the Dubai Department of Economy and Tourism, or DET. |
0:14.5 | Dubai is the new global center of gravity, connecting the world in a way few places can, from flexible regulations to tax incentives, world-class infrastructure to access to global investors managing a trillion dollars in investment money, Dubai understands what businesses need to scale fast. |
0:32.4 | For today's episode, we are speaking with Mohamed al-Bulushi, CEO of the D-IFC Innovation Hub, a driving force behind Dubai's |
0:40.5 | innovation ecosystem, and a key player in empowering startups and scale-ups across the Mesa region. |
0:48.9 | Well, Muhammad, thank you for being on the show today. Thank you for being on Code Story. |
0:53.4 | Well, thank you for having me, |
0:54.4 | now. Absolutely. I'm excited to talk about the DIFC and all the things going on there, but before we |
1:00.3 | move into that topic, tell me in my audience a little bit about you. So, of course, currently I run |
1:08.1 | the DIFC's Innovation Hub. The IFC stands for Dubai International Financial Center, which is a really unique financial center |
1:16.9 | in the Middle East and North Africa markets, has its own legal and regulatory infrastructure. |
1:23.7 | It's based on English common law, has its own court system. |
1:27.2 | It kind of acts like a city within a city, and within that city, I am responsible for its innovation ecosystem, |
1:34.3 | which technically is the largest of its kind in the entire region. |
1:38.8 | But by background, I'm a banker. |
1:41.5 | So I did about the first eight years of my career. I was in banking. So I did |
1:45.7 | some corporate banking and some private banking. In about 2016, end of 2016, I moved to the government |
1:52.9 | and I joined the IFC and ever since I've been driving the innovation mandate at the IFC. |
2:06.7 | So for fun, these days, if I get some time off, I just try and watch some TV. |
2:12.2 | It really helps me, you know, take a break and shift my mind from everything else. |
2:15.5 | So, but apart from that, these days I hang with friends. And back in the day, of course, there was a lot more activity, but these days I don't have much time. |
2:21.3 | Well, cool. I appreciate that. Let's move into our topic then. So what is the DIFC Innovation Hub? And what role does it play in driving innovation in Dubai, which is, there's a lot of innovation going on. There's a lot of focus |
2:34.5 | on tech and building the next set of unicorns. I'm just curious where the DIFC comes into play. |
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