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UAE Embarks On 2031 National Investment Strategy To Boost Annual Foreign Inflows

The UAE has set a bold vision with its National Investment Strategy 2031, targeting an elevation in annual foreign investment inflows from AED112 billion ($30.5 billion) in 2023 to AED240 billion ($65.4 billion) by 2031. His Highness Sheikh Mohammed bin Rashid Al Maktoum highlighted the strategy’s goal to transform the UAE into a premier global investment hub. Aiming to swell the foreign direct investment stock from AED800 billion to AED2.2 trillion, this strategy focuses on key sectors: industry, financial services, transport and logistics, renewable energy, and telecommunications.

Key Initiatives And Economic Contributions

The approved strategy includes 12 new programs and 30 distinct initiatives, such as the Financial Sector Development and the Investment Offices Promotion Incubator. Currently, foreign direct investment contributes significantly to the GDP, with predictions to increase its share to over 30% of the total investments by 2031.

Dive deeper into the global market shifts in Wall Street Tumbles Amid Trade Tensions.

Technological And Digital Advancements

The strategy outlines the UAE’s vision to become a digital economy powerhouse by 2031, intending to enhance the digital economy’s current contribution to GDP from 9.7% to 19.4%. The Industrial Technology Transformation Index (ITTI) will also play a pivotal role in gauging technological advances and sustainability practices.

The introduction of a remote work system and the launch of the National Green Certificates Program further highlight the UAE’s efforts to harness global talent and promote sustainable development.

Meta Unveils 816 Billion-Parameter AI Model For Mac, But It Requires 1TB Of RAM

Meta has introduced what it describes as the most capable open-weight AI model available in the United States, making a strategic bet on Apple’s Mac ecosystem. The release reflects the company’s ambition to strengthen its position in open AI while bringing advanced models into professional development and creative workflows.

A Powerful Model With High Hardware Requirements

Called Muse Spark Open, the model has 816 billion parameters and a context window of 1 million tokens. Meta said benchmark results published on Thursday show it outperforming other widely used open-weight systems across key evaluations.

Natively multimodal, Muse Spark Open is designed for complex coding and agentic tasks, extending beyond conventional chatbot use. However, local deployment requires substantial computing power. According to Engadget, the model needs at least 1TB of RAM, with the best performance expected on a Mac Studio equipped with Apple’s M5 Ultra chip. These requirements may limit local use to developers and organisations with access to high-end hardware.

Built For Real-World Development

Meta has paired Muse Spark Open with Muse Code, its AI coding terminal, and tested it across agentic workflows. In one project, the model helped develop a Mastodon client, handling bug fixes, new features and the build process.

The company also deployed the model in DaVinci Resolve, the professional video-editing platform, where it reviewed and cropped footage. These examples demonstrate Meta’s aim to position open-weight AI as a tool for practical production work, from software development to creative tasks, rather than just research demonstrations.

The Strategic Case For Open-Weight AI

Open-weight models give developers and organisations greater flexibility to customise AI, integrate it into internal tools and build specialised workflows. Depending on deployment, they can also reduce costs and provide more control over infrastructure than relying entirely on proprietary services.

However, access to model weights does not eliminate the cost of running advanced AI. Muse Spark Open’s reported memory requirements could make API access a more practical option for many developers than local deployment.

Expanding Access Beyond Mac Hardware

Meta is making Muse Spark Open available through multiple API platforms, allowing developers to use the model without running it on their own machines. This broadens access beyond users with high-end Mac hardware while retaining the option of local deployment for those able to support it.

The release combines Meta’s push to strengthen its position in the open-weight AI ecosystem with a focus on professional users. Wider adoption will depend on the model’s performance, practical usefulness and the resources required to run it.

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