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Dubai launches Metaverse Strategy with 40,000 virtual jobs

Inspenet.

July 22, 2022

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By : Franyi Sarmiento, Ph.D., Inspenet, July 22, 2022

One of the major cryptocurrency hubs in the Middle East, the Emirate of Dubai, launches the Dubai Metaverse Strategy, which aims to make it one of the top 10 metaverse economies in the world. The strategy furthers Dubai’s ambitions to support more than 40,000 virtual jobs by 2030.

This week, the Emirates News Agency reported the launch of the Dubai Metaverse Strategy by the Vice President, Prime Minister and Ruler of Dubai, SA Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

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Al Maktoum hopes to transform the emirate into a world capital of technology, with a major focus on artificial intelligence (AI) and Web3. The Dubai Metaverse Strategy is in line with the goals of the UAE AI Strategy to enhance the nation’s status as one of the world’s leading countries in futuristic sectors through investment in new technologies.

The Dubai Metaverse Strategy will include research and development (R&D) collaborations to enhance the economic contributions of the metaverse, using accelerators and incubators to attract companies and projects from abroad, and providing metaverse education support for developers , content creators, and digital platform users in the metaverse community.

It promises to create new models of government work in tourism, education, retail, remote work, health and the legal sector under the Strategy. Its key pillars are said to be extended reality, augmented reality (AR), virtual reality (VR), mixed reality, and digital twins, a virtual representation of an object or system.

Source : https://es.cointelegraph.com/news/dubai-to-ramp-up-metaverse-efforts-with-40-000-new-jobs