Dubai’s new drone law to position emirate as world’s leading start-up hub – Gulf Today

Dubai’s new drone law to position emirate as world’s leading start-up hub – Gulf Today

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Gulf Today, Staff Reporter

Dubai's new drone law will position the emirate as the world's commercial and start-up hub for drone services and will drive growth in the region's drones industry, making it one of the strategic sectors that will lead to the economic recovery.

This is according to Falcon Eye Drones (FEDS), the Middle East's leading provider of DT^3 (Drone Technology, Data Technology, and Digital Transformation) technology, which underscored the importance of the new law in removing a major barrier in developing and utilising drones to its fullest potential.

Rabih Bou Rashid, CEO of FEDS, said: "The global commercial drones market is slated to grow 20 per cent annually. That growth, however, has been limited because of a lack of crucial legislation and roadmap in the world.“

GCC's drone industry is expected to reach $1.5 billion by 2022, according to PwC's Strategy&. Much of this, the study said, will be generated from oil and gas as well as utilities, constituting 43 per cent and 32 per cent, respectively.

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"Dubai's new drone law is a significant development for the entire industry as it aims to take away