New phase of Dubai’s metaverse strategy approved by its Crown Prince

Dubai’s metaverse strategy is entering a new phase now its Crown Prince approved to enhance the digital economy and implement measures to empower the use of the metaverse and future technologies. The official strategy “aims to turn Dubai into one of the world’s top 10 metaverse economies as well as a global hub for the metaverse community.”

Key insights on this news article of 24th Nov’22

  • Dubai publicly shares its, albeit high-level and general, metaverse strategy
  • Its aim is to become one of the world’s top 10 metaverse economies
  • Aside attracting over 1.000 companies to Dubai in the field of blockchain and the metaverse, it aspires to support over 40.000 virtual jobs in 2030
  • The key technology pillars are no strangers: all XR (AR/VR/MR) and digital twins

Interested in the full news article? Visit the publication on Khaleej Times.