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Reshaping tech innovation in the Gulf: BEDU's vision backed by pre-seed funding will pave the way for a borderless tech evolution
Strategy aims to add $4 billion to GDP, support creation of 40,000 virtual jobs, attract 1,000 technology companies to the emirate
Dubai Future Foundation has published a report on the outcomes of the inaugural Dubai Metaverse Assembly held in September at the Museum of the Future under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Du
A recent report by McKinsey indicates that the metaverse's economic potential could be up to five trillion dollars by 2030. However, while most people think the metaverse concept only started with Zuckerberg's rebrand, innovators and visionaries have been flirting with the idea since the '80s, first in the minds of cyberpunk novelists (such as Gibson, Vinge, or Stephenson), then in the ones of scientists and philosophers (Gelernter, Chalmers), and, eventually, technocapitalists. However, outside of the inner circle of the "usual suspects," metaverse was a pretty esoteric term before ...
DUBAI: Damac Properties has seen significant growth in pure online sales as a result of its fully interactive virtual real estate and communities designed in the metaverse, according to a senior official. On the sidelines of the Metaverse Assembly in Dubai, Ali Sajwani, general manager of operations at Damac Properties and CEO of D-Labs, said that online-only transactions are