In line with the objectives of the Supreme Committee for Future Technology and the Digital Economy

"Dubai International Financial" launches the "Metaverse platform"

Markaz confirmed that the new platform is in line with the main axes of the Dubai Metaverse Strategy.

From the source

The Dubai International Financial Center launched the "Metaverse Platform", in line with the objectives of the Supreme Committee for Future Technology and the Digital Economy and the "Dubai Metaverse Strategy", which was launched with the aim of accelerating the pace of efforts and endeavors to enhance Dubai's position as a leading global destination in the field of "Metaverse".

The Metaverse platform is in line with the main axes of the Dubai Metaverse Strategy, which aims to raise the total contribution of the metaverse sectors to four billion dollars in the emirate's economy by 2030, in addition to attracting 1,000 companies specialized in the field of "blockchain" and "metaverse". », which supports 40,000 virtual jobs that will allow for further growth in various vital economic sectors, and strengthen the emirate's position as an attractive destination for innovators around the world.

The new economy

This comes at a time when the "Dubai Economic Agenda" aims to generate new economic value from digital transformation towards the new economy at an average of 100 billion dirhams annually, in order to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, towards Consolidate Dubai's position as the global capital of the digital economy, and a pivotal player in the global digital system.

Major areas

The Metaverse platform of the Dubai International Financial Center will focus on three main areas;

The first is the launch of the “Metaverse Business Accelerator” program, which includes a studio dedicated to metaverse technology that provides an enabling environment for the creative community, in addition to the development and creation of projects.

The second area focuses on addressing and developing the policies and legislation of the metaverse world, including the processing of open data, digital identity, and legal frameworks for companies that will work in the field of metaverse, while the third area includes the establishment of a community for metaverse that focuses on developing methods and mechanisms that improve customer experiences. .

"Metaverse Business Accelerator"

The "Metaverse Accelerator" program is the first initiative to be launched within a group of initiatives affiliated with the newly created Metaverse platform, as entries will be received starting from this month, and the program aspires to attract more than 500 applications for participation during the next stage, and from Then selecting the 50 best participants with promising potentials and visions that create investment and economic opportunities that contribute to increasing the growth of the sector.

The launch of the program confirms the DIFC's commitment to supporting the most innovative start-up companies by providing them with an ideal platform that provides them with opportunities to cooperate with the largest players in the region, as well as linking them with investors, and enabling them to access an ideal experimental environment to support the transformation of their ideas and projects into reality, in addition to providing its marketing support.

Pioneer model

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, Vice Chairman of the Supreme Committee for Future Technology and Digital Economy, affirmed that the UAE adopts advanced technology to keep pace with global changes, reflecting the leadership’s directions to transform the country, Dubai is a leading model in applying the latest and best technological solutions, and providing a competitive work environment for the development of future technologies.

He said that the "Metaverse Platform" is the first initiative of its kind in a series of initiatives aimed at achieving the goals of the "Dubai Metaverse Strategy", which embodies future visions and the emirate's constant endeavor to anticipate trends, by launching a series of initiatives that enhance Dubai's position as a global platform for the latest digital trends. Steps are accelerating towards making a real difference in this vital sector.

qualitative step

For his part, Arif Amiri, CEO of the Dubai International Financial Center Authority, said: “There is no doubt that the launch of the (Dubai Metaverse Strategy) represents a qualitative step that confirms the forward-looking vision of the Dubai government in the context of its commitment to establishing Dubai as a leading global center for the technology and innovation sector.”

He added: «To complement these efforts, the Dubai International Financial Center's decision to launch the integrated (Metaverse platform), which will contribute to accelerating the pace of achieving the ambitious goals of the Emirate of Dubai, and represents a natural extension of (Innovation Hub), the largest innovation community in the region that embraces more than 600 A company specialized in the field of technology and innovation, and contributed to shaping the features of the technology and innovation sector in the Middle East, Africa and South Asia region.

Raise the total contribution of the "metavirus" sectors to four billion dollars in Dubai's economy by 2030.

The “Metaverse Business Accelerator” extends for six months.. and aims to attract 500 participants around the world.

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