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Dubai crown prince to lead new committee on metaverse, digital economy

The new committee is tasked to design policies and analyse trends for the digital economy and future technologies, including the metaverse, artificial intelligence, and blockchain

Sheikh Hamdan
Sheikh Hamdan bin Mohammed welcomes baby boy named Mohammed

Dubai has created a new committee to deliver on its aim to become a global hub for futuristic technologies.

The Higher Committee for Future Technology and Digital Economy will be chaired by Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

The move consolidates Dubai’s position as “a leading global hub for innovative new concepts and disruptive economic and technological models,” a statement on WAM said.

The new committee is tasked to design policies and analyse trends for the digital economy and future technologies, including the metaverse, artificial intelligence, blockchain, Web3, and other modern tech concepts.

“We are working as a team to enhance Dubai’s position as a global birthplace and research laboratory for future technologies and one of the world’s top 10 metaverse economies, in line with the Dubai Metaverse Strategy,” the Dubai crown prince said.

The new committee, announced following the Dubai Metaverse Strategy, will also work to identify future skills needed for the digital sectors.

It will also initiate plans to attract international companies and conferences specialising in future technologies and the digital economy.

Also led by Sheikh Hamdan, the Dubai Metaverse Strategy was launched to attract more than 1,000 companies in the fields of blockchain and metaverse. The strategy also aims to create more than 40,000 jobs in the fields by 2030.

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Abdul Rawuf

Abdul Rawuf