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Dubai Metaverse Strategy Phase 2 Launched

  • Publish date: Monday، 18 July 2022
Dubai Metaverse Strategy Phase 2 Launched
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His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, on Monday, announced a plan for the Dubai Metaverse Strategy.

Describing the Metaverse as "the next revolution in the technology and economic fields, which will affect all aspects of life over the next two decades", Sheikh Hamdan said Dubai's goal "is to be among the top 10 cities that will shape this sector globally".

Dubai currently has 1,000 companies working in the sector, with contributions to the national economy touching $500 million so far according to His Highness.

"We expect it to rise strongly during the coming period," Sheikh Hamdan added on Twitter.