His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Government Council of the Emirate of Dubai, Chairman of the Supreme Committee for Future Know-how and Digital Financial system, confirmed that the proactive imaginative and prescient of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, could God defend him Dubai has established itself because the capital of the digital financial system, and a number one middle for creating transformative enterprise fashions and superior technological ideas, using and adopting them in varied important sectors that have an effect on the lives of people..
This got here throughout His Highness chairing the primary assembly of the Supreme Committee for Future Know-how and Digital Financial system, which was shaped as a part of the efforts to implement the axes and targets of the Dubai Metaverse Technique, with the intention of drawing a highway map to realize the targets of the technique and formulating forward-looking plans and objectives for funding in “Metaverse”, which boosts Dubai’s priority in adopting know-how. With the involvement of presidency companies and the non-public sector.
His Highness mentioned: “Dubai is proactive in creating a novel mannequin in counting on new future know-how and science that focuses on the digital world and metaverse, which is able to enter varied important sectors sooner or later, and can contribute to the development of societies, making a promising digital future and guaranteeing the expansion of the digital financial system within the UAE.”“.
His Highness Sheikh Hamdan bin Mohammed added: “We’re working at the moment inside the Supreme Committee to realize the targets of the Dubai Metaverse Technique, to formulate a sophisticated digital future for the nation, and to make Dubai’s financial system among the finest main economies on the earth by means of digital financial system initiatives, investing within the digital world of metaverse and digital fields, and anticipating the way forward for the digital world.”“.
The assembly was attended by members of the Increased Committee for Future Know-how and Digital Financial system, particularly: His Excellency Omar Sultan Al Olama, Minister of State for Synthetic Intelligence, Digital Financial system and Distant Work Functions, Chairman of the Board of Administrators of the Dubai Chamber of Digital Financial system, Vice Chairman of the Committee, and His Excellency Helal Saeed Al Marri, Director Common of the Division of Financial system and Tourism in Dubai. His Excellency Hamad Obaid Al Mansouri, Director Common of the Dubai Digital Authority, His Excellency Khalfan Juma Belhoul, CEO of the Dubai Future Basis, His Excellency Ahmed Bin Byat, Vice Chairman of the Board of Administrators of the Dubai Chamber of Digital Financial system, and His Excellency Malik Al Malek, Director Common of the Dubai Growth Authority and CEO of the Dubai Growth Authority. TECOM, Aref Amiri, CEO of the Dubai Worldwide Monetary Centre, and Maha Al Muzeina, Common Rapporteur of the Committee.
Speed up the tempo of using future applied sciences
In the course of the assembly, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum authorised the primary part of implementing the Dubai Metaverse technique, and His Highness mentioned mechanisms for outlining work instructions, and particular plans to begin creating and finding out the necessities of the technique, getting ready insurance policies and instructions within the subject of digital financial system, and making a preliminary set of concepts to speed up the tempo Using future applied sciences, together with metaverse, synthetic intelligence, blockchain, the brand new era of the Web (Internet 3.0), digital and augmented actuality, the Web of Issues, knowledge facilities and cloud computing within the Emirate of Dubai.
100 day plan
In the course of the assembly, the work roadmap was reviewed to realize the targets of the Dubai Metaverse Technique, and the 100-day plan adopted by His Highness Sheikh Hamdan bin Mohammed, Chairman of the Supreme Committee for Future Know-how and Digital Financial system, geared toward coordinating work on the technique by authorities companies and guaranteeing their participation in enriching the sphere of digital financial system and contributing to Creating new digital programs in varied important sectors.
His Highness additionally authorised the beginning of 4 main initiatives geared toward utilizing metaverse to offer authorities companies by getting ready a research for a brand new complete system for presidency companies that features the anticipated constructive outcomes, the extent to which companies are supplied on metaverse platforms and benefited from by the neighborhood, methods of development and enchancment, and the submission of the research to the Government Council in Dubai. The initiatives additionally intention to ascertain metaverse pioneers, present coaching alternatives and develop nationwide and distinguished competencies, construct the biggest metaverse neighborhood in Dubai that features metaverse firms, startups, buyers and platform customers, and contain the non-public sector in strategic initiatives to activate metaverse applied sciences, and make Dubai a significant middle for organizing world occasions. And the native involved with the world of metaverse.
Final July, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched the Dubai Metaverse Technique, which goals to consolidate Dubai’s place among the many prime 10 cities within the main economies within the subject of “metavirus”. The technique seeks to make Dubai a significant middle for the worldwide “metavirus” neighborhood and to double the variety of “blockchain” firms to 5 occasions the present quantity, after the emirate’s success in attracting 1,000 firms working in blockchain and “metaverse” and supporting 40,000 digital jobs that contribute to financial prosperity by 2030.