Dubai to create 40,000 jobs by 2030 with Metaverse push

image of woman using VR headset

What

Prince Sheikh Hamdan bin Mohammed has set out metaverse expansion plans for Dubai

Why

The expansion is predicted to generate an additional $4 billion for Dubai’s economy and make it a top 10 hub for metaverse talent

What next

Over the next eight years, Dubai will seek to recruit 40,000 remote workers to help build the metaverse

The story

According to a press release covering the announcement, recruitment efforts will focus on developing augmented reality (AR) and virtual reality (VR) technology. In addition, 5G networks will be adapted to make the metaverse accessible on the go and to a wider audience.

Hamdan bin Mohammed said that “The metaverse is a promising digital world. We aim to harness this technology to enhance the quality of life in the UAE and across the globe,” 

The prince also announced a new event called the “Dubai Metaverse Assembly” which will aim to bring metaverse experts together to “educate, inspire, contribute” to the metaverse.

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