Today: 29 May 2025
27 July 2022
3 mins read

Dubai shaping future of AI

By investing in the metaverse and establishing partnerships, the Higher Committee aims to boost Dubai’s digital economy…reports Asian Lite News

Dubai Government has formed the Higher Committee for Future Technology and Digital Economy.

This is in line with the launch of the Dubai Metaverse Strategy by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and under the directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai a leading global economic hub.

Chaired by the Crown Prince of Dubai, the Higher Committee aims to help shape the future of artificial intelligence (AI) by investing in the metaverse and establishing partnerships to boost Dubai’s digital economy.

Commenting on the launch of the Higher Committee, Sheikh Hamdan bin Mohammed said that Sheikh Mohammed bin Rashid’s far-sighted vision consolidated the status of Dubai as a leading global hub for innovative new concepts and disruptive economic and technological models by deploying advanced technology in vital sectors to improve people’s standard of living.

Sheikh Hamdan said Dubai is a global testbed for technology and future business models aimed at creating new economic opportunities, establishing Dubai as a hub for the global digital economy.

He added, “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 members of the Higher Committee for Future Technology and Digital Economy include Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Chairman of Dubai Chamber of Digital Economy, and Vice Chairman of the Committee; Helal Saeed Al Marri, Director-General of Dubai’s Department of Economy and Tourism; Hamad Obaid Al Mansoori, Director-General of Dubai Digital Authority; Khalfan Belhoul, CEO of Dubai Future Foundation; Ahmed Bin Byat, Vice Chair of the board of Dubai Chamber of Digital Economy; Malek Al Malek, Director-General of Dubai Development Authority; Arif Amiri, CEO of DIFC Authority; and Maha Al Mezaina, General Rapporteur of the Committee.

The Committee will design policies and analyse trends for the digital economy and future technologies, including the metaverse, AI, blockchain, Web3, virtual reality (VR), augmented reality (AR), the Internet of Things (IoT), data centres and cloud computing in Dubai. The Committee will supervise the implementation of strategies related to the digital economy and future technologies in Dubai.

The Committee will work to identify the future skills needed for the digital sectors and advise the economic sectors about the digital economy. The Committee will also follow up on the digital economy’s performance and ensure that its contribution to the economy of Dubai is on a par with global benchmarks.

The Committee will also plan to attract international companies and conferences specialising in future technologies and the digital economy. Further, it will build strategic partnerships with entities working in the field of digital economy worldwide.

Sheikh Hamdan launched the Dubai Metaverse Strategy to position Dubai among the world’s top 10 metaverse economies. The strategy aims to make Dubai a global hub for the metaverse community and build on Dubai’s achievement of attracting more than 1,000 companies in the fields of blockchain and metaverse. It also promotes Dubai’s ambitions to support more than 40,000 virtual jobs by 2030. This would further boost Dubai’s economy and support the UAE government’s vision of increasing the number of blockchain companies by five times the present number.

ALSO READ: ‘UAE succeeded in developing distinguished media sector’

Previous Story

EU proposes new draft text for Iran n-deal revival

Next Story

ADFD celebrates milestones at 51st anniversary

Latest from -Top News

Saudi backs India’s strategic outreach

In a series of engagements, the Indian delegation met Saudi Arabia’s Minister of State Adel Al-Jubeir and other senior officials. A high-profile Indian all-party parliamentary delegation, led by BJP MP Baijayant Jay

Iran pressed over 3 missing Indians

The embassy stated that it is maintaining close contact with the families and keeping them regularly updated about the steps being taken….reports Asian Lite News The Indian government has urged Iranian authorities

EU-UAE FTA talks amid US tariff pressure

Talks will also explore ways to boost trade in strategic sectors, such as renewable energy, green hydrogen and critical raw materials….reports Asian Lite News The European Union (EU) and the United Arab

Islamabad-Ankara-Baku Axis Sharpens Against India

Both Turkey and Azerbaijan have openly expressed solidarity with Pakistan and backed Islamabad in its military standoff with India, this month….reports Asian Lite News The evolving alliance between Islamabad, Ankara, and Baku
Go toTop

Don't Miss

World Bank: UAE’s Non-Oil Economy to Grow 4.5%

The World Bank anticipated increase in the UAE’s current account

Dubai businesses urged to provide Beneficial Owner data

The legal representatives of a registered business in Dubai can