The Dubai Metaverse Strategy was unveiled at the Dubai Metaverse Assembly on September 28, to be one of the leading metaverse economies and a major hub for the global metaverse community.
In a keynote by Omar bin Sultan Al Olama, Chairman of Dubai Chamber of Digital Economy and Vice Chairman of the Higher Committee for Future Technology and Digital Economy in Dubai, Dubai’s Metaverse Strategy was shared with attendees at the Dubai Metaverse Assembly, in the presence of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.
Dubai’s geographical size is limited which could have been considered as a constraint to expansion however, it is on the contrary.
“The population of Dubai in the metaverse is similar to that of India in the metaverse or China in the metaverse,” said Omar bin Sultan Al Olama.
30 years ago music was stored in 90 minutes per cassette, today 100 billion hours of music is available in the click of a button on smartphones, the technological potential for the future is endless, he explained.
Dubai aims to be one of the leading global economies in the metaverse and aims to spread its progress and success globally. The city is already setting strong foundations for the metaverse to thrive, by exploring opportunities around infrastructure, education, technology, and more.
The Dubai Metaverse Strategy focuses on four sectors, tourism, education, government services and retail & real estate.
A tourism task force will be launched by the UAE for the metaverse, to enhance the tourism industry.
The Ministry of Economy also announced a service centre on the metaverse, aimed to enhance virtual government services.
Dubai is also introducing the city’s digital twin in the metaverse, to simulate actions and decisions virtually before bringing it to reality, enhancing the retail and real estate sector.
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