The Dubai Chamber of Digital Economy announces the establishment of the Dubai Digital Asset Working Group to support the vision of Mohammed bin Rashid to enhance the emirate's position as the capital of the digital economy

The Dubai Chamber for Digital Economy, one of the three chambers operating under the Dubai Chambers umbrella, 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 efforts to develop digital infrastructure Supporting the growth of digital companies in Dubai.

The tasks of the new business group include introducing and promoting the digital assets sector in Dubai, improving transparency by providing data and specialized market research, supporting the interests of digital companies and nurturing cross-border cooperation in strategic digital fields.

His Excellency 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 for Digital Economy, confirmed that the establishment of the new working group keeps pace 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, noting that the Dubai Working Group The digital assets will provide an ideal platform for companies to unite their efforts, discuss the challenges of the sector, enhance its competitiveness, the quality of its services and initiatives, which will contribute 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, to consolidate the position of Dubai is the global capital of the digital economy and an important player in the global digital system.

His Excellency said 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 an important reference for providing strategic market research related to digital assets to all stakeholders from private sector companies, decision makers and relevant government agencies.

Gaurang Desai, Chairman of the Dubai Digital Asset Working Group, said: "We see a real opportunity to transform Dubai and the UAE into a regional hub for digital assets. Therefore, it is important to work on establishing bridges of communication between companies working in the field of digital assets to enhance integration and interaction with the global economy. We welcome all companies wishing to join the newly formed group to promote the concepts of transparency, accountability and integrity, and promote the highest professional and ethical standards.”

Desai added: “Through the Dubai Digital Asset Working Group, we will work to solidify the commitment of digital companies to society, educate the public and develop tools to enhance access to technology for everyone. Our efforts will not stop there, but we will support the efforts of digital assets companies to improve the quality of services, support the environment, energy management and protect investor".

It is worth noting that business groups play an important role in promoting and supporting the economic growth process in Dubai, and represent an essential component of the business community, and contribute to advancing the trade and investment movement in the emirate, by investing in capabilities, capabilities and expertise to enhance the competitive advantage of the business community in Dubai.

Dubai Chambers focus on dialogue with business groups after their establishment, following up on their affairs, studying their recommendations to identify their priorities and interests, assisting them in developing their business internally and externally, facing the increasing global competition, facilitating their participation in regional and international events related to their activities, and exploring new opportunities.

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