With the aim of developing infrastructure and supporting the growth of companies in the emirate

Establishment of the Dubai Digital Asset Working Group

Scholars during the announcement of the establishment of the new working group.

From the source

The Dubai Chamber for Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, announced the establishment of the Dubai Digital Assets Working Group, which will undertake the tasks of enhancing and improving the contribution of the digital assets sector to the sustainable development process in the UAE and Dubai, in a purposeful step to enhance infrastructure development efforts digital, and support the growth of digital companies in Dubai.

A statement issued yesterday clarified that the tasks of the new business group include introducing and promoting the digital assets sector in Dubai, and improving transparency by providing data and specialized market research.

Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Chairman of the Board of Directors of the Dubai Chamber of Digital Economy, said that the establishment of the new working group aligns with the axes of the Dubai Chamber's strategy for the digital economy by stimulating and accelerating the growth of the digital economy in the emirate.

He added that the Dubai Digital Assets Working Group will provide an ideal platform for companies to unify their efforts, discuss the challenges of the sector, enhance its competitiveness and the quality of its services and initiatives, in a way that contributes to accelerating the digital transformation in Dubai, embodying the visions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. By consolidating Dubai’s position as the global capital of the digital economy, and an important player in the global digital system.

Al Olama pointed out that the digital economy is the economy of the future on which the pillars of the development process are based, and the Dubai Digital Assets Working Group will be a reference for providing market research.

Gaurang Desai, Chairman of the Dubai Digital Assets Working Group, said: “We see a real opportunity to transform Dubai and the UAE into a regional hub for digital assets, and therefore it is important to work on establishing bridges of communication between companies working in digital assets, to enhance integration and interaction with the economy. world and the actors in its system.

 The tasks of the new business group include introducing and promoting the digital assets sector in Dubai. 

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