The launch of the “Dubai Metaverse” strategy has been announced in the UAE. This strategy will create 40,000 additional virtual jobs over the next five years.
There are already more than 1,000 companies operating in the metaverse and blockchain sector in Dubai, that contribute $500 million to the national economy.
The largest companies, such as Emirates airline, developer Damac Group and medical firm Thumbay are already joining the “Dubai Metaverse”.
In the meantime, the Dubai authorities are trying to attract cryptocurrency companies from all over the world.
The strategy is aimed at a five-fold increase in the number of blockchain companies in Dubai over the next five years. According to experts’ forecasts, the UAE has every chance to become extremely attractive to investors.