Experts and thought-leaders gather at Dubai Metaverse Assembly

13 Oct 2022
Experts and thought-leaders gather at Dubai Metaverse Assembly

The Dubai Metaverse strategy aims to contribute Dhs4bn to the national economy over five years, along with supporting 40,000 virtual jobs
Organised by the Dubai Future Foundation, the Dubai Metaverse Assembly started on September 28 at the Museum of the Future and AREA 2071 in Emirates Towers, Dubai. The two-day event is bringing together regional and international experts in Dubai to shape the future of the metaverse and explore its promise and potential applications.

Hosting more than 300 global experts, policymakers, thought leaders, and decision-makers from more than 40 organisations, the event explores how the revolutionary technology can be deployed across vital sectors to create a better future.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council announced the launch of the Dubai Metaverse Strategy on July 18. The strategy aims to contribute Dhs4bn to the national economy over five years, along with supporting 40,000 virtual jobs.

Many international organisations and companies participated in the assembly, including the World Economic Forum, META, Binance, MasterCard, The Sandbox, Bedu, PwC, Accenture, BCG Digital Ventures, Dubai Blockchain Center, and DeCentraland, among others.

The assembly also witnessed participations from government entities and local organisations, such as the Dubai International Financial Centre, VARA, Majid Al Futtaim, DAMAC and Dubai Digital, among others, with the aim of evaluating national projects and exchanging experiences on the Metaverse.

The sessions on the first day of the assembly saw the participation of many UAE ministers and senior officials, including Abdullah bin Touq Al Marri, Minister of Economy; Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications; and Sultan bin Sulayem, group chairman and CEO of DP World and the chairman of the Ports, Customs and Free Zone Corporation.

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