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As an example he suggested the UAE, where after years of lax drone regulations the country suddenly forbade all drone operations a few months ago pending new policies. Ultimately something like Airspace Link could be a contributor or requirement for insurance policies.
The UAE took in 46% of the total venture capital received in the Middle East and Africa in 2021, according to the country’s Ministry of Economy. In 2017, the UAE created an artificial intelligence ministry position, which it filled with H.E. TechCrunch: Is the UAE’s venture capital presence fairly new? were invested in the UAE.
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