The new phase of the Dubai Metaverse Strategy was approved by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council, and Head of Dubai’s Higher Committee of Future Technology Development and Digital Economy.
He also approved four key strategies aimed at using metaverse technologies to provide government services, as well as a comprehensive study aimed at identifying the social benefits of introducing metaverse services, which will be submitted to The Executive Council for approval.
The initiatives also seek to build the skills of talented Emiratis and create a large metaverse community in Dubai that includes metaverse companies, startups, investors and users. The initiatives also include strategic projects featuring partnerships with private sector players and events aimed at making Dubai a hub for regional and global metaverse-related events.
The new phase of the Dubai Metaverse Strategy was approved at the first meeting of the Higher Committee of Future Technology Development and Digital Economy.
“Through this committee, we seek to develop a new model for the development of technology and futuristic sciences with a special focus on digital technologies and the metaverse as part of our broader strategy to promote digital growth and innovation and achieve the goals of the Dubai Metaverse Strategy,” Sheikh Hamdan said.
The Dubai Metaverse Strategy, which the Crown Prince unveiled in July, intends to make the emirate one of the top 10 metaverse economies and a major hub for the metaverse community. The plan intends to expand on Dubai’s success in luring more than 1,000 businesses in the blockchain and metaverse sectors. Additionally, it supports Dubai’s goals of supporting over 40,000 virtual jobs by 2030.
