Keeping its momentum to establish Dubai as a global digital economic hub, the Dubai Government has formed the Higher Committee for Future Technology and Digital Economy to help shape the future of artificial intelligence (AI) by investing in the metaverse and establishing partnerships to boost Dubai’s digital economy. The development follows the recent launch of the Dubai Government’s metaverse strategy.
Digital Dubai, represented by the Dubai Electronic Security Center (DESC), conducted a simulation workshop of a global cyberattack scenario where 18 Dubai-based government and private sector entities took part.
MENA governments are anticipated to spend a total of $13.3 billion in 2022 on information technology (IT) sector, with most budgets going to telecom services ($3.9 billion), IT services ($3.13 billion), and software ($2.56 billion).
Dubai's iconic Museum of the Future and Binance NFT, the NFT marketplace of Binance, the world’s leading blockchain and cryptocurrency infrastructure provider aims to develop and launch a range of digital products on the blockchain, starting with their first-ever NFT collection – The Most Beautiful NFTs in the Metaverse.
Adopting the UAE digital economy strategy, His Highness Sheikh Mohammed bin Rashid Al Maktoum said that the goal over the next 10 years is to increase the contribution of this sector to the GDP by 20%.
Page 3 of 24