Ray Dalio Says Middle East Becoming ‘Silicon Valley of Capitalists’ — Here's Why

Ray Dalio says Middle East becoming ‘Silicon Valley of capitalists’ — here's why

Billionaire investor Ray Dalio feels that the Middle East is fast emerging as one of the world’s most powerful AI hubs and “is kind of becoming a Silicon Valley of capitalists”, in terms of investment and attracting talent for innovation.

Ray Dalio says Middle East is becoming a 'Silicon Valley of capitalists’

The UAE and Saudi Arabia have this year launched multibillion-dollar initiatives to build cloud, data centers and other AI infrastructure.

Ray Dalio reveals the next 'Silicon Valley' investors must invest in

Ray Dalio says the Middle East is emerging as a global AI hub. He explains why Gulf states are worth investing in for the long-term.

Bridgewater Founder Ray Dalio Says Middle East's Rise is Similar to Silicon Valley

Bridgewater Associates founder Ray Dalio has recently drawn a striking comparison between the rise of several Middle Eastern countries as emerging AI powerhouses and the historic ascent of Silicon Valley as the world's leading centre of technology innovation.Dalio, 76, expressed these views in a recent interview, highlighting how nations such as the United Arab Emirates (UAE) and neighbouring Gulf states are attracting huge amounts of capital an…