Home Industry Technology Sheikh Hamdan to chair Higher Committee for Future Technology and Digital Economy The higher committee will help shape the future of AI by investing in the metaverse and establishing partnerships to boost Dubai’s digital economy by Gulf Business July 27, 2022 The Dubai Government has established the Higher Committee for Future Technology and Digital Economy. Formed under the directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, and in line with the launch of the Dubai Metaverse Strategy, the higher committee will be chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council. According to the Dubai Media Office, the higher committee aims to help shape the future of artificial intelligence (AI) by investing in the metaverse and establishing partnerships to boost Dubai’s digital economy. Under the directives of @HHShkMohd and in line with the Metaverse Strategy… @HamdanMohammed chairs the Higher Committee for Future Technology and Digital Economy. #Dubai https://t.co/IDZ4yBdNZS pic.twitter.com/7Nya8xBL4D — Dubai Media Office (@DXBMediaOffice) July 26, 2022 Sheikh Hamdan said that Dubai is a global testbed for technology and future business models aimed at creating new economic opportunities, establishing Dubai as a hub for the global digital economy. .@HamdanMohammed: We are working as a team to enhance #Dubai’s position as a global birthplace and research laboratory for future technologies and one of the world’s top 10 metaverse economies, in line with the Dubai Metaverse Strategy. (archived photo) pic.twitter.com/oWzfQXID3g — Dubai Media Office (@DXBMediaOffice) July 26, 2022 The higher committee will design policies and analyse trends for the digital economy and future technologies, including the metaverse, AI, blockchain, Web3, virtual reality, augmented reality, the internet of things, data centres and cloud computing in Dubai. It will supervise the implementation of strategies related to the digital economy and future technologies in Dubai. The committee will work to identify the future skills needed for the digital sectors and advise the economic sectors about the digital economy. It will also follow up on the digital economy’s performance and ensure that its contribution to the economy of Dubai is on a par with global benchmarks. It will build strategic partnerships with organisations working to boost the digital economy worldwide. In recent developments, Sheikh Hamdan announced the launch of the Dubai Metaverse Strategy on July 18. The strategy aims to make Dubai a global hub for the metaverse community and build on the emirate’s achievement of attracting more than 1,000 companies in the fields of blockchain and metaverse. It also promotes Dubai’s ambitions to support more than 40,000 virtual jobs by 2030. Read: Dubai’s new metaverse strategy to create 40,000 virtual jobs Tags AI Augmented Reality Dubai Metaverse Strategy metaverse Web3 0 Comments You might also like UAE central bank fosters innovation with new hub at EIF Join our fintech, finance and investment panel on November 27 How Kaspersky is fortifying Saudi Arabia’s digital space ADIPEC 2024: ADNOC, Masdar, Microsoft to drive AI, low-carbon initiatives