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Metaverse NewsNFT News

Sheikh Hamdan map-out a 100-day Metaverse plan for the UAE

Sheikh Hamdan aims for a 100-day metaverse plan for the UAE, “Dubai metaverse strategy” is out to bring government organizations into the metaverse.

Written By:
Richa Bhagat

Last updated: February 12, 2024 5:51 AM
Published November 29, 2022 3:34 PM
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Last updated: February 12, 2024 5:51 AM
Published November 29, 2022 3:34 PM
Sheikh Hamdan map-out a 100-day Metaverse plan for the UAE

With growing digitalization, Sheikh Hamdani has a 100-day plan to bring government organizations into Metaverse. In a meeting with Heighr Committee of  Future Technology Development and Digital Economy, the Dubai Crown Prince affirmed his commitment to making Dubai the developing capital for evolving digital significance. And for this Sheikh Hamdan needs government institutions to help develop his vision.

Sheikh Hamdan aims to add $2 billion to the emirate’s economy and organize 40,000 virtual jobs by 2030. And for this, they launched the Dubai Metaverse Strategy in July 2022.  

Sheikh Hamdan’s 100-day plan to take-in strategic partnerships will help to bring more than 1,000 companies into the Web3 industry. It is an extension of this ongoing initiative, aimed at onboarding government organizations.

Furthermore, Sheikh Hamdan aims to build a team of investors, startups, and creators to prosper in each corner.  The initiative will work to educate citizens of Dubai on the metaverse and its opportunities.

Also read: UAE Ministry of Economy Announces Metaverse as its New Address

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Richa Bhagat - Content Editor at The Crypto Times
By Richa Bhagat
She is a full-time journalist who fits in as an Editor at The Crypto Times. She is only now beginning to spread her wings into the Crypto World. To feed her soul, you can find her smashing a DUNK or frolicking in the water. She usually caresses her fingers on Colors and Canvas when she isn't breaking them on the Keyboard. She is profoundly influenced by nature and the ethno-linguistically diverse Indian Subcontinent.

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